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Chandan Steel IPO Details

Bookbuilding IPO | ₹[.] Cr | Listing at BSE, NSE |

IPO Details
FAQ

Chandan Steel Ltd. has filed a Draft Red Herring Prospectus (DRHP) with SEBI on April 2, 2026 to raise funds through Initial Public Offer (IPO).

Chandan Steel Ltd. IPO is a Book Build Issue

The equity shares are proposed to be listed on NSE and BSE. Motilal Oswal Investment Advisors Ltd. is the book running lead manager and The registrar of the issue (Not declared yet). Key details like IPO dates, IPO price bands and lot size are yet to be announced.

registrar of the issue (Not declared yet). Key details like IPO dates, IPO price bands and lot size are yet to be announced.

IPO Details

IPO Date

[.]
Listing Date

[.]
Face Value

₹[.] per share
Price Band
Lot Size
Sale Type

Fresh capital cum OFS
Issue Type

Bookbuilding IPO
Listing At

BSE, NSE

IPO DRHP Status

Description

Date
Filed with SEBI/Exchange

Thu, Apr 2, 2026

About Chandan Steel Ltd.

Incorporated in 1989, Chandan Steel Ltd. is a stainless steel manufacturing and processing company engaged in the production of long products, bright bars, flanges, fittings, and seamless tubes & pipes. The company operates across multiple segments of the stainless steel value chain, catering to diverse industrial applications.

The company began as a trading firm importing stainless steel products and has evolved into an integrated manufacturer with in-house capabilities in melting, rolling, forging, and finishing. Its product portfolio serves sectors such as infrastructure, oil & gas, petrochemicals, railways, automotive, and engineering industries.

Chandan Steel Ltd. operates a large manufacturing facility at Umbergaon, Gujarat,

The company has a global presence through exports and supplies stainless steel products to international markets. With a workforce of over 1,000 employees, it focuses on quality manufacturing, innovation, and expanding its footprint in both domestic and global markets.

Key Performance Indicator (KPI)

KPI	Sep 30, 2025	Mar 31, 2025
ROE	11.59	17.81
ROCE	12.67	18.98
Debt/Equity	0.45	0.63
RoNW	17.98	17.81
PAT Margin	4.58%	3.87%
EBITDA Margin	9.56%	9.53%

Pre IPO	Post IPO
Promoter Holding	99.87%

Gopal Krishan Kothari and Amit Kothari are the company promoters.

IPO Lead Manager(s)

Motilal Oswal Investment Advisors Ltd. (Past IPO Performance)

Lead Manager Reports

Lead Manager Performance Summary
Lead Manager Performance Tracker

Contact Details

Chandan Steel Ltd. Address

504, Sukh Sagar,

N S Patker Marg (Hughes Road),

Chowpatty

Mumbai, Maharashtra, 400007

+912266290600
info@chandansteel.com
Visit Website

IPO FAQs

What is the Chandan Steel IPO?

Chandan Steel IPO is a main-board IPO of 0 equity shares of the face value of ₹[.] aggregating up to ₹[.] Crores. The issue is priced at To be declared. The minimum order quantity is .

The Chandan Steel IPO open and close dates are not available as of now.

is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.

How to apply in Chandan Steel IPO through Angel One ?

Angel One customers can apply online in Chandan Steel IPO using UPI as a payment gateway. Angel One customers can apply in Chandan Steel IPO by login into Angel One Console (back office) and submitting an IPO application form.

Steps to apply in Chandan Steel IPO through Angel One

Visit the Angel One website and login to Console.
Go to Portfolio and click the IPOs link.
Go to the ‘Chandan Steel IPO’ row and click the ‘Bid’ button.
Enter your UPI ID, Quantity, and Price.
Submit IPO application form.
Visit the UPI App (net banking or BHIM) to approve the mandate.

Visit Angel One IPO Application Process Review for more detail.

When Chandan Steel IPO will open?

The Chandan Steel IPO dates are not announced. Please check back again after some time.

What is the lot size of Chandan Steel IPO?

Chandan Steel IPO lot size and the minimum order quantity is not available at this time. Please check again later.

How to apply for Chandan Steel IPO?

You can apply in Chandan Steel IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don’t offer banking services. Read more detail about applying IPO online through Angel One, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.

When is Chandan Steel IPO allotment?

The finalization of Basis of Allotment for Chandan Steel IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the Chandan Steel IPO allotment status.

When is Chandan Steel IPO listing date ?

The Chandan Steel IPO listing date is not yet announced. The tentative date of listing is .