Chaman Metallics Ltd - IPO

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