Business Standard

Chaman Metallics Ltd - IPO

Issue Type

Fixed Price - SME

Issue Size (₹ Cr.)

24.21 cr

Price Range (₹)

38

Lot Size

3000

Min Investment (₹)

1,14,000.00

Listing Exchange

NSE - SME

Open Date

04-Jan-2023

Close Date

06-Jan-2023

Listing Date

16-Jan-2023

Chaman Metallics Ltd News

    The Shares of Chaman Metallics Ltd have now been listed.

    Chaman Metallics Ltd IPO Details

    Initial public offer of upto 63,72,000 equity shares of face value of Rs. 10/- each (the Equity Shares) of Chaman Metallics Limited (The Company or Issuer) at an issue price of Rs. 38/- per equity share for cash, aggregating up to Rs. 24.21 crores (Public Issue) out of which 3,24,000 equity shares of face value of Rs. 10 each, at an issue price of Rs. 38/- per equity share for cash, aggregating Rs. 1.23 crores will be reserved for subscription by the market maker to the issue (the Market Maker Reservation Portion). The public issue less market maker reservation portion i.e. issue of 60,48,000 equity shares of face value of Rs. 10 each, at an issue price of Rs. 38/- per equity share for cash, aggregating upto Rs. 22.98 crores is herein after referred to as the Net Issue. The public issue and net issue will constitute 26.40% and 25.06% respectively of the post-issue paid-up equity share capital of the company.

    Objective of issue

    To Meet working capital requirements. General corporate purposes.

    Chaman Metallics Ltd Contact Details

    Chaman Metallics Ltd, C-101 247 Park, L B S Marg, Vikhroli West, Mumbai-400083

    Phone - 91-22-49186000

    Fax - 91-22-49186060

    Email - cs@cmlgrgroup.com

    Website - www.cmlgrgroup.com