Chaman Metallics Limited (NSE SME)

Jan 4, 2023 - Jan 6, 2023

Price ₹38 - ₹38
Premium ₹30
Lot size 3000
Allotment Jan 12, 2023
Listing Jan 16, 2023

Category Lot(s) Qty Amount Reserved
Retail 1 3000 114000 0
HNI 2 6000 228000 0
Investor CategorySubscription (times)
Qualified Institutions[.]
Non-Institutional Buyers255.92
Retail Investors159.85
Employees[.]
Others[.]
Total207.88
About

Incorporated in 2003, Chaman Metallics Limited is primarily engaged in the business of manufacturing and selling of Direct Reduced Iron (i.e. sponge iron). Sponge iron is mainly used as a raw material for making steel in electric arc furnaces and induction furnaces.

Chaman Metallics has been granted ISO 9001:2015 for its superior management systems, ISO 14001:2015 for environmental management systems, and ISO 45001:2018 for occupational health and safety management system proficiency.

The company manufacturing unit is based in Chandrapur, Maharashtra. The manufacturing facility is spread across an area of around 63 acres of land. The unit has a capacity of 72,000 MT (2 X 100 MTPD) for the production of sponge iron through two Rotary kilns as of March 31, 2022.

The company sell its products primarily in the state of Maharashtra, Odisha and Chhattisgarh. Some of the company's customers include Rajesh Steel & Wire Industries (New), R.K. Steel Sales, SMW Ispat Pvt Ltd, Gajkesari Steels & Alloys Pvt. Ltd etc.

Some of the competitive strengths, Chaman Metallics is proud of, are:

  1. Strategically located manufacturing unit
  2. Stringent quality control mechanism ensuring standardized product quality
  3. Long-standing relationship with our customers
  4. Well Qualified and Experienced Management Team

Company Financials

Chaman Metallics Limited Financial Information (Consolidated)
Period Ended Total Assets Total Revenue Profit After Tax Net Worth Reserves and Surplus Total Borrowing
31-Mar-20 5399.39 5837.14 369.46 2350.21 1560.75 1976.17
31-Mar-21 5872.4 14075.89 523.07 2873.29 2083.83 1392.81
31-Mar-22 7378.59 18546.32 934.65 3807.94 3018.48 2515.81
30-Sep-22 9085.52 11182.43 681.74 4473.17 2696.89 1608.17
Amount in ₹ Lakhs
Lead Manager(s)
Strength
Weakness
Registrar

Link Intime India Private Ltd

Phone: +91-22-4918 6270
Email: chaman.ipo@linkintime.co.in
Website: https://linkintime.co.in/