The Chaman Metallics IPO has begun on 04 Jan 2023. It will close on 06 Jan 2023. The Total IPO Size is 24.21 Crore. The company set its IPO price is 38 Rs Per Share. Basically, there are TWO basic categories in Chaman Metallics IPO Subscription 1) Non-Institutional Investors 2) Retail Individual Investors (RIIs)
Chaman MetallicsIS 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.
The manufacturing unit is based at Chandrapur, Maharashtra and is spread across an area of around 63 acres of land.
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