Chamunda Electricals IPO

Chamunda Electricals is an NSE SME IPO listed on the NSE SME platform, priced at ₹47–₹50 per share. The stock debuted at ₹70, delivering a listing gain of 40.0%. The IPO had a lot size of ₹3000 shares and a minimum investment of ₹1,50,000.

Chamunda Electricals Limited IPO

NSE SME Listed
₹1,50,000 (3000 Shares)
Minimum Investment
Check Allotment
IPO Dates
Feb 4, 2025 – Feb 6, 2025
Price band
₹47-50 per equity share
Minimum Investment
₹1,50,000
Issue size
₹14.6 Cr
Lot size
3000
Allotment Date
Feb 7, 2025
Listing
Feb 11, 2025
Listing At
NSE SME

IPO timeline

  1. Feb 4, 2025

    Open Date

    Completed

  2. Feb 6, 2025

    Close Date

    Completed

  3. Feb 7, 2025

    Allotment Date

    Completed

  4. Feb 11, 2025

    Listing Date

    Completed

Chamunda Electricals IPO Essentials

Chamunda Electricals IPO Details

Chamunda Electricals IPO is priced at ₹47-50 per share with a total issue size of 14.6 crore. The IPO has a lot size of 3000 shares and is listed on NSE SME.

Issue price
₹47-50 per equity share
Lot size
3000 shares
Face value
₹10 Per Equity Share
Issue size
29,19,000 shares(aggregating up to ₹14.60 Cr)
Total issue size
29,19,000 shares
(aggregating up to ₹14.6 crore)
Fresh issue
29,19,000 shares
(aggregating up to ₹14.6 crore)
Listing at
NSE SME
List price
70.0
Listing date
Registrar
Kfin Technologies Limited
Lead manager
GYR Capital Advisors Private Limited

Market Lot Size

Investors can bid for a minimum of 3000 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Retail Investors and HNI in terms of shares and amount.

Application Lots Shares Amount
Retail (min) 1 3000 ₹1,50,000
Retail(max) 1 3000 ₹1,50,000
NII (min) 2 6000 ₹3,00,000

Chamunda Electricals IPO Documents

Chamunda Electricals IPO Reservation

Chamunda Electricals IPO reservation details show category-wise allocation of shares. Out of the total 29,19,000 shares, approximately 18.91% are reserved for QIB, 14.18% for NII, 33.09% for retail investors, 5.65% for market maker, and 28.16% for anchor investors.

Investor Category Shares Offered Maximum Allottees
Anchor Investor Shares Offered 8,22,000 (28.16%)
Market Maker Shares Offered 1,65,000 (5.65%)
QIB Shares Offered 5,52,000 (18.91%)
NII (HNI) Shares Offered 4,14,000 (14.18%)
Retail Shares Offered 9,66,000 (33.09%)
Total Shares Offered 29,19,000 (100%)

Chamunda Electricals IPO Analytics

Chamunda Electricals IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.

Chamunda Electricals IPO Subscription Status

Chamunda Electricals IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.

The IPO subscription status indicates investor demand across categories.

As on QIB / NII Retail Total
Shares Offered / Reserved 5,52,000 / 4,14,000 9,66,000 19,32,000
Day 1 04-02-25 06:00 PM
(6.02 / 7.91) x 26.57 x 16.70 x
Day 2 05-02-25 06:00 PM
(8.58 / 40.86) x 68.46 x 45.43 x
Day 3 06-02-25 06:00 PM
(155.85 / 1943.49) x 554.13 x 738.06 x

Chamunda Electricals Valuations

Earnings

EPS Pre IPO
₹3.01/-
EPS Post IPO
₹3.41/-
P/E Pre IPO
16.59
P/E Post IPO
14.66

Returns

ROE
52.43%
ROCE
36.82%
RoNW
41.54%
PAT Margin
12.21

Fundamentals

Debt / Equity
0.78
Price / Book
10.59

Data sourced from DRHP / RHP • For educational purposes only

Chamunda Electricals Financials( In Crs.)

31-Mar-24 31-Mar-23 31-Mar-22
Assets 12.13 8.71 8.74
Revenue 20.07 14.01 11.32
Profit After Tax 2.46 0.31 -0.51
Net Worth 5.89 3.43 3.12
Reserves & Surplus 3.89 1.43 1.12
Total Borrowing 4.61 3.69 4.65

Chamunda Electricals Company & Offer Insights

About Chamunda Electricals

Chamunda Electricals Limited is based in June 2013. It has core competencies operating and maintaining 66 KV substations, up to testing and commissioning on 220 KV substations, and 1.5 MW solar power generation. Its activities include the setting up of EHV class equipment, structures, earthing, control cable works, and any other related substation activities at up to 220 KV D Class substations.

The company has a team of over 600 engineers, supervisors and other supporting staff well-equipped to handle complex projects with a high degree of accuracy.

The business of the company can be classified into the following categories
Operation, Maintenance, Testing & Commissioning of Electrical Sub-stations
Set up a solar power generation park
Installation and commissioning of electrical equipment designed to operate at voltages typically up to 220 kV

Chamunda Electricals Promoter(s)

Mr. Chiragkumar Natvarlal Patel, Mr. Natvarbhai K Rathod, Mrs. Purnikaben C Patel are the company's promoters of Chamunda Electricals.

Chamunda Electricals IPO Issue Objectives

To meet the Capital Expenditure for Purchase of New Testing Kit and Equipments
Funding the working capital requirements of the company
Repayment of Term Loans and Cash Credit
To meet General Corporate Purposes
To meet out the Issue Expenses.

Contact Information

Contact Details

Chamunda Electricals

+91 99789 12471

info@chamundaconst.com

https://www.chamundaconst.com/

Shop No.113,114, Sakar Building Opp. Petrol Pump, Near Railway Fatak, Palanpur-385001

Registrar Contact Details

Kfin Technologies Limited

04067162222, 04079611000

cel.ipo@kfintech.com

https://kosmic.kfintech.com/ipostatus/

Frequently Asked Questions

Click any question to reveal the answer

Chamunda Electricals IPO is a book-built IPO worth ₹14.6 crore. The price band is ₹47–₹50 per share. The IPO opens on Feb 4, 2025 and closes on Feb 6, 2025. It will be listed on NSE SME Platform. Kfin Technologies Limited is the registrar.

The price band of Chamunda Electricals IPO is ₹47 to ₹50 per share.

The lot size of Chamunda Electricals IPO is 3000 shares.

The minimum investment for Chamunda Electricals IPO is approximately ₹1,50,000 based on the upper price band .

Chamunda Electricals IPO opens on Feb 4, 2025 and closes on Feb 6, 2025.

The allotment date of Chamunda Electricals IPO is Feb 7, 2025.

Chamunda Electricals IPO is expected to be listed on Feb 11, 2025, on NSE SME Platform.

Chamunda Electricals IPO valuation snapshot: P/E 14.66, EPS ₹3.41/-, P/B 10.59, RoNW 41.54%, and market cap N/A.

To apply for Chamunda Electricals IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.

You can check the live subscription status of Chamunda Electricals IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.

Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.

If you pre-apply for Chamunda Electricals IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.

You can check Chamunda Electricals IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Chamunda Electricals IPO allotment status on IPO Ji for quick and easy access.