Chamunda Electricals Limited IPO
NSE SMEListed On: Feb 11, 2025 at ₹ 70.0
₹ 150000 /3000 Shares
Check Allotment04 Feb, 2025
Open Date06 Feb, 2025
Close Date07 Feb, 2025
Allotment Date11 Feb, 2025
Listing DateIssue Price
₹47-50 per equity shareFace Value
₹10 Per Equity ShareListing at Group
NSE SMERegistrar
Kfin Technologies LimitedList Price
70.0Listing Date
2025-02-11Market Lot
3000 Shares (₹150,000/-)Lead Manager
GYR Capital Advisors Private LimitedIssue Size
29,19,000 shares(aggregating up to ₹14.60 Cr)Retail Portion
35%Subscription
738.06 timesChamunda Electricals IPO Details
Chamunda Electricals Limited IPO is an SME IPO, priced at ₹47-50 per equity share. The equity shares have a face value of ₹10 Per Equity Share each and will be listed on the NSE SME platform. The IPO comprises a total issue of 29,19,000 equity shares, aggregating up to ₹14.6 crores..
The IPO bidding window is open from Feb 4, 2025 to Feb 6, 2025. The allotment is expected to be finalized on Feb 7, 2025, and the tentative listing date is Feb 11, 2025.
The minimum lot size for retail investors is 3000 shares, with a minimum investment of ₹1,50,000. For HNIs, the minimum application size is 2 lots , amounting to ₹ 3,00,000.
GYR Capital Advisors Private Limited is acting as the lead manager to the issue. The registrar of the IPO is Kfin Technologies Limited, and Wiinance Financial Services Private Limited will act as the market maker for this issue.
Chamunda Electricals IPO Subscription Details
| 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
EPS Pre IPO
₹3.01/-EPS Post IPO
₹3.41/-P/E Pre IPO
16.59P/E Post IPO
14.66ROE
52.43%ROCE
36.82%Debt/Equity
0.78RoNW
41.54%PAT Margin
12.21Price to Book Value
10.59Chamunda Electricals Company Financials All values are in ₹ Cr.
| 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 |
About The Company
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)
Pre Issue Share Holding: 97.46%
Post Issue Share Holding: %
- Mr. Chiragkumar Natvarlal Patel
- Mr. Natvarbhai K Rathod
- Mrs. Purnikaben C Patel
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.
Other Details
Chamunda Electricals
Shop No.113,114, Sakar Building Opp. Petrol Pump, Near Railway Fatak, Palanpur-385001Kfin Technologies Limited
Phone: 04067162222, 04079611000
Email: cel.ipo@kfintech.com
Chamunda Electricals IPO - FAQs
Ans. Chamunda Electricals Limited IPO is a SME IPO. The issue is priced at ₹47-50 per equity share. The minimum order quantity is 3000 Shares. The IPO opens on Feb 4, 2025, and closes on Feb 6, 2025. Kfin Technologies Limited is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
Ans. The Chamunda Electricals Limited IPO opens on Feb 4, 2025 and closes on Feb 6, 2025.
Ans. The size of Chamunda Electricals Limited IPO is 29,19,000 shares(aggregating up to ₹14.60 Cr).
Ans. The IPO price band is set between ₹47-50 per equity share.
Ans. To apply for Chamunda Electricals Limited IPO IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find Chamunda Electricals Limited IPO in the List of IPOs
- - Press "Apply" Button
- - Select Your Demat Account
- - Select Your Shares Quantity and Submit
- - Track Your IPO Status
Ans. The share allotment date of Chamunda Electricals Limited IPO is Feb 7, 2025.
Ans. The Chamunda Electricals Limited IPO will be listed on Feb 11, 2025.
Ans. Follow the steps to check the allotment status for Chamunda Electricals Limited IPO here.
