Chamunda Electricals IPO Date, Review, Price, Allotment Details

Chamunda Electricals IPO open date is February 4, 2025 and the IPO will close on February 6, 2025. Chamunda Electricals IPO is a Book Built Issue. The company to raise around ₹14.60 crores via IPO that comprises fresh issue of ₹14.60 crores and offer for sale up to [.] equity shares with face value of ₹10 each.

Chamunda Electricals IPO price band is ₹47 to ₹50 per share. The retail quota is 35%, QIB is 50%, and HNI is 15%. Chamunda Electricals IPO to list on NSE on February 11, 2025. The allotment of Chamunda Electricals IPO date is February 7, 2025.

The company reported revenue of ₹20.07 crores in 2024 against ₹14.01 crore in 2023. The company reported profit of ₹2.46 crores in 2024 against profit of ₹0.31 crores in 2023. As per the financials the IPO investors should apply the IPO for a long term.

Chamunda Electrical IPO

Chamunda Electricals IPO Details

IPO Open Date:February 4, 2025
IPO Close Date:February 6, 2025
Face Value:₹10 Per Equity Share
IPO Price Band:₹47 to ₹50 Per Share
Issue Size:Approx ₹14.60 Crores
Fresh Issue:Approx ₹14.60 Crores
Issue Type:Book Built Issue
IPO Listing:NSE SME
Retail Quota:Not more than 35%
QIB Quota:Not more than 50%
NII Quota:Not more than 15%
DRHP Draft Prospectus:Click Here
RHP Draft Prospectus:Click Here
Anchor Investors List:Click Here

Chamunda Electricals IPO Market Lot

The Chamunda Electricals IPO minimum market lot is 3000 shares with ₹1,50,000 application amount.

ApplicationLot SizeSharesAmount
Retail Minimum13,000₹1,50,000
Retail Maximum13,000₹1,50,000
S-HNI Minimum26,000₹3,00,000

Chamunda Electricals IPO Dates

The Chamunda Electricals IPO date is February 4 and the close date is February 6. The Chamunda Electricals IPO allotment will be finalized on February 7 and the IPO listing on February 11.

IPO Open Date:February 4, 2025
IPO Close Date:February 6, 2025
Basis of Allotment:February 7, 2025
Refunds:February 10, 2025
Credit to Demat Account:February 10, 2025
IPO Listing Date:February 11, 2025

Promoters of Chamunda Electricals IPO

The promoters of the company are Mr. Chiragkumar Natvarlal Patel, Mr. Natvarbhai K Rathod and Mrs. Purnikaben C Patel.

About Chamunda Electricals IPO

Chamunda Electrical Limited was established in June 2013 and is one of the growing companies involved in the business of offering specialized services of operation and maintenance of substations up to 66 KV (kilovolt), testing and commissioning of electricals substations up to 220 KV (kilovolt) and solar power generation park of 1.5 MW (Megawatts) capacity. Their services include erecting EHV class equipment, structures and equipment, earthing, control cable works, and other related work to the substations. Throughout the years, the company has reached the point where they have developed solutions and services through these verticals, which are as follows: Operation, maintenance, testing, and commissioning of electrical substations, Set-up a solar power generation park, and installation and commissioning of electrical equipment. Chamunda Electrical is renowned for having a strong relationship with their clients all due to the ability to develop solutions, provide services and complete the needs of the clients. As of now, the company has a total staff of 600 engineers, supervisors, and other supporting staff.

Chamunda Electricals IPO Company Financial Report

The company reported revenue of ₹20.07 crores in 2024 against ₹14.01 crore in 2023. The company reported profit of ₹2.46 crores in 2024 against profit of ₹0.31 crores in 2023.

Amount ₹ in Crores

Period EndedRevenueExpenseProfit After TaxAssets
2022₹11.32₹12.02₹0.51₹8.74
2023₹14.01₹13.59₹0.31₹8.71
2024₹20.07₹16.60₹2.44₹12.13
December 2024₹18.43₹14.45₹2.81₹18.06

Chamunda Electricals IPO Valuation – FY2024

Check Chamunda Electricals IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.

KPIValues
ROE:52.83%
ROCE:36.73%
EBITDA Margin:23.50%
PAT Margin:12.34%
Debt to equity ratio:0.78
Earning Per Share (EPS):₹3.73 (Basic)
Price/Earning P/E Ratio:N/A
Return on Net Worth (RoNW):41.79%
Net Asset Value (NAV):₹4.72

Peer Group Comparison

CompanyEPSPE RatioRoNW %NAVIncome
NANANANANA– Cr.
NANANANANA– Cr.

Objects of the Issue

  • 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; and 5. To meet out the Issue Expenses.

Chamunda Electricals IPO Review

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Chamunda Electricals IPO Registrar

KFin Technologies Limited
Phone: 04067162222, 04079611000
Email: cel.ipo@kfintech.com
Website: https://kosmic.kfintech.com/ipostatus/

IPO Lead Managers aka Merchant Bankers

  • GYR Capital Advisors Private Limited

Company Address

Chamunda Electricals IPO Limited
Shop No.113,114, Sakar Building Opp. Petrol Pump
Near Railway Fatak,
Palanpur-385001
Phone: +91 99789 12471
Email: info@chamundaconst.com
Website: https://www.chamundaconst.com/

Chamunda Electricals IPO FAQs

What is Chamunda Electricals IPO?

Chamunda Electricals IPO is a Mainboard IPO. The company is going to raise ₹14.60 Crores via IPO. The issue is priced at ₹47 to ₹50 per equity share. The IPO is to be listed on NSE.

When Chamunda Electricals IPO will open for subscription?

The IPO is to open on February 4, 2025 for QIB, NII, and Retail Investors. The IPO will close on February 6, 2025.

What is Chamunda Electricals IPO Investors Portion?

The investors’ portion for QIB is 50%, NII is 15%, and Retail is 35%.

How to Apply the Chamunda Electricals IPO?

You can apply for Chamunda Electricals IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.

What is Chamunda Electricals IPO Issue Size?

Chamunda Electricals IPO issue size is ₹14.60 crores.

What is Chamunda Electricals IPO Price Band?

Chamunda Electricals IPO Price Band is ₹47 to ₹50.

What is Chamunda Electricals IPO Lot Size?

The minimum bid is 3000 Shares with ₹1,50,000 amount.

What is the Chamunda Electricals IPO Allotment Date?

Chamunda Electricals IPO allotment date is February 7, 2025.

What is the Chamunda Electricals IPO Listing Date?

Chamunda Electricals IPO listing date is February 11, 2025. The IPO is to list on NSE.

Note: The Chamunda Electricals IPO price band and date are officially announced. The (Chamunda Electricals IPO grey market premium) will be added to the IPO GMP page as it will start).
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