Chamunda Electricals Limited IPO
NSE SMEListed On: Feb 11, 2025 at ₹ 70.0
₹ 300000 /6000 Shares
*Min Investment
04 Feb, 2025
Open Date06 Feb, 2025
Close Date07 Feb, 2025
Allotment Date11 Feb, 2025
Listing DateChamunda Electricals IPO Issue Details
- Issue Price ₹47-50 per equity share
- Face Value ₹10 Per Equity Share
- Total Issue Size 29,19,000 shares(aggregating up to ₹14.6 crore)
- Fresh Share 29,19,000 shares(aggregating up to ₹14.6 crore)
- Listing at NSE SME
- List Price 70.0
- Listing Date 2025-02-11
- Lead Manager GYR Capital Advisors Private Limited
- Registrar Kfin Technologies 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 Reservation
Chamunda Electricals IPO offers total 29,19,000 shares. Out of which 5,52,000 (18.91%) allocated to QIB, 4,14,000 (14.18%) allocated to NII,9,66,000 (33.09%) allocated to RII, NA (NA%) allocated to employees and 8,22,000 (28.16%) allocated to 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 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 Analysis And 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
Chamunda Electricals Company Financials
| 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 Chamunda Electricals 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)
Mr. Chiragkumar Natvarlal Patel
Mr. Natvarbhai K Rathod
Mrs. Purnikaben C Patel
Pre Issue Share Holding : 97.46%
Post Issue Share Holding : %
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 Details
Chamunda Electricals
Shop No.113,114, Sakar Building Opp. Petrol Pump, Near Railway Fatak, Palanpur-385001
+91 99789 12471
Registrar Contact Details
Kfin Technologies Limited
04067162222, 04079611000
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. You can track the real-time subscription numbers using the links below:
Ans. The size of Chamunda Electricals Limited IPO is 29,19,000 shares(aggregating up to ₹14.60 Cr).
Ans. The Chamunda Electricals Limited IPO price band is set between ₹47-50 per equity share.
Ans. To apply for Chamunda Electricals Limited 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 Chamunda Electricals Limited IPO allotment status online.
