Chamunda Electrical Limited

Chamunda Electrical Limited

Chamunda Electrical Limited specialize in operating and maintaining substations up to 66 kV, as well as testing and commissioning substations up to 220 kV. Their expertise includes erecting EHV equipment and structures, laying earthing and control cables, and handling all associated substation works. Additionally, they operate a 1.5 MW solar power generation park, offering end-to-end solutions across their service areas

Price Band

₹47 - ₹50

Dates

04 Feb - 06 Feb

GMP

₹0 (0.00%)

Subscriptions

738.06 times

Issue Size

₹14.60 Crs

Chamunda Electrical IPO Key Dates
Opening Date

04 Feb 25

Closing Date

06 Feb 25

Basis Of Allotment

07 Feb 25

Initiations Of Refund

10 Feb 25

Credit Of Shares

10 Feb 25

Listing Date

11 Feb 25

Chamunda Electrical IPO Objects

  1. Purchase of testing kits and equipment
  2. Working capital requirements
  3. General corporate purposes
  4. Repayment of loans and credit facilities
  5. Issue-related expenses

Chamunda Electrical IPO Details
Price Band

₹47 - ₹50

Listing At

NSE SME

IPO Issue Type

100% Book Built Offer

Fresh Issue

₹14.60 Cr (0.29 Cr Shares)

Offer For Sale

₹0.00 (0.00 Shares)

Total Issue

₹14.60 Cr (0.29 Cr Shares)

Face Value

₹10 per equity share

Chamunda Electrical IPO Lot Information
Investor Category Lot Shares Amount
Retail
Minimum 1 3,000 1,50,000
Maximum 1 3,000 1,50,000
NII
Minimum 2 6,000 3,00,000
Chamunda Electrical IPO Subscription

Updated as on 06-Feb-2025 19:00:18 hrs

Investor Category Subscription (times) Shares Offered Shared Bid
QIB 155.85 5,52,000 8,60,28,000
NII 1,943.49 4,14,000 80,46,06,000
Retail 554.13 9,66,000 53,52,93,000
Total 738.06 19,32,000 1,42,59,27,000
Chamunda Electrical IPO GMP

The estimated Grey Market Premium of Chamunda Electrical IPO is ₹0 per share (0.00%)

1. GMPs are available for IPOs with listing dates from May 1, 2025, onwards.

2. The GMP prices displayed here reflect news related to grey market trends. We do not trade or deal in the grey market, including subject-to-rates, nor do we recommend participating in grey market trading.

Category Allocation
Particulars Allocation
QIB Not more than 50% of net offer
NII Not less than 15% of net offer
Retail Not less than 35% of net offer
Market Maker 1.65L EQ Shares
Chamunda Electrical IPO Financials

(Rs. in crores)

Particulars Dec-24 Mar-24 Mar-23 Mar-22
Revenue from Operations 18.29 19.95 13.94 11.23
Profit after Tax 2.81 2.44 0.31 -0.51
Net Worth 10.93 5.86 3.43 3.12
Total Borrowing 2.92 4.61 3.69 4.65
Total Assets 10.93 5.86 3.43 3.12
NAV per share (in ₹) 13.52 8.89 5.19 4.72
EPS - Basic (in ₹) 3.55 3.69 0.47 -0.78

The financial information presented is on a consolidated basis

Key Performance Indicators
KPI KPI
EBITDA 23.50%
PAT 12.21%
ROE 52.43%
ROCE 36.82%
Debt to Equity 0.79
PE Ratio 13.55
PB Ratio 5.62
Mkt Cap (in Crs.) 55.02
  • All Ratios are based on Mar 24
  • PE, PB, and Post-Issue Market Capitalization are calculated based on the upper price band.
Chamunda Electrical IPO Peer Comparision
  • There are no publicly listed companies in India with a business model exclusively similar to the company. Therefore, no peer comparison is provided.
Chamunda Electrical IPO Peer Comparision
  • There are no publicly listed companies in India with a business model exclusively similar to the company. Therefore, no peer comparison is provided.
Promoter Details
Name Shareholding
Mr. Natvarbhai Karsanbhai Rathod 40.00%
Mr. Chiragkumar Natvarlal Patel 60.00%
Management Details
Name Designation
Mr. Chiragkumar Natvarlal Patel Chairman & MD
Mr. Natvarbhai K Rathod Director
Company Details

Name : Chamunda Electrical Limited

Address : Shop No.113, 114, Sakar Building Opp. Petrol Pump, Near Railway Fatak, Palanpur, Gujarat, India, 385001;

Number : +91 99789 12471

Email : info@chamundaconst.com

Website : http://www.chamunda const.com/

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Frequently Asked questions?

Find answers to common questions that come in your mind related to IPO.

Chamunda Electrical IPO is a SME IPO having an issue size of Rs. ₹14.60 Crs. Chamunda Electrical IPO is priced at ₹47 - ₹50 per share. The issue opens on 04 Feb 25 and closes on 06 Feb 25.

Chamunda Electrical IPO opens on 04 Feb 25 and closes on 06 Feb 25.

The estimated Grey Market Premium of Chamunda Electrical IPO is ₹0 per share (0.00%).

The minimum lot size of Chamunda Electrical IPO is 3000 shares & the minimum application amount is Rs. 150000.

The allotment date of Chamunda Electrical IPO is 07 Feb 25.

The listing date of Chamunda Electrical IPO is 11 Feb 25.

Chamunda Electrical IPO is subscribed 738.06 times.

Chamunda Electrical IPO is priced at ₹47 - ₹50 per share.

Click the allotment link on Chamunda Electrical IPO page of IPO360.

  1. Go to Kite App → Tap on Bids → Tap on IPO
  2. Select the IPO → Tap on apply → Enter UPI ID
  3. Enter Qty and Price
  4. Submit the application
  5. Approve the UPI Mandate on your UPI app

  1. Go to Groww App → Stocks Section → Select IPO option
  2. Select the IPO you want to apply
  3. Enter your bid details and price
  4. Enter UPI ID & submit
  5. Approve the UPI Mandate on your UPI app

  1. Log in to your bank's net banking portal.
  2. Navigate to the 'IPO' or 'ASBA' section.
  3. Select Chamunda Electrical IPO from the list of available IPOs.
  4. Enter the required details: Bid quantity, Price, DP ID & Client ID, etc
  5. Submit the application.
  6. Money will remain blocked till the refund date