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Chamunda Electricals Ltd. IPO

Q: What is the size of Chamunda Electricals Ltd. IPO?

The size of the Chamunda Electricals Ltd. IPO is &#8377;14.60 Cr.

Q: What is the price range of Chamunda Electricals Ltd. IPO?

The price range of Chamunda Electricals Ltd. IPO is at &#8377;47 to &#8377;50 per share.

Q: What is the minimum investment and lot size required for the Chamunda Electricals Ltd. IPO?

The minimum investment required is &#8377;1,50,000 and minimum lot size is 3000 shares.

Min Investment

₹ 1,50,000 / 3000 shares

Price Range

₹47 - ₹ 50

Bidding Dates

4 Feb '25 - 6 Feb '25

Total Issue Value

14.60 Cr

Lot Size

3,000

Total Issue Size

14.60 Cr

Listing At

NSE SME

Subscription

490.34 times

NSE Price

51.40 (2.8%)

IPO Timeline

4 Feb 2025

Bidding Starts
6 Feb 2025

Bidding Ends
7 Feb 2025

Allotment Finalization
11 Feb 2025

Listing

About Chamunda Electricals Ltd.

We are engaged in the business of providing specialized services of operation and maintenance of substation up to 66 KV (kilovolt), testing and commissioning of electrical substation up to 220 KV (kilovolt) and solar power generation park of 1.5 MW (Megawatts) capacity, and within our scope, it ... Read more

Parent organisation

Founded

Chamunda Electricals Ltd.

2013

Chamunda Electricals Ltd. IPO Reservation

Investors Category	Shares Offered
Anchor Investors	8,26,200 (28.3%)
Market Makers	1,65,000 (5.65%)
Non Institutional Investors	4,13,100 (14.15%)
Qualified Institutional Buyers (QIBs)	5,50,800 (18.87%)
Retail Individual Investors (RIIs)	9,63,900 (33.02%)

Chamunda Electricals Ltd. Financial Information

Year End	Revenue	PAT	Reserves & Surplus
31 Mar 2025	25.45 Cr	3.96 Cr	14.08 Cr
31 Mar 2024	20.07 Cr	2.44 Cr	3.86 Cr
31 Mar 2023	14.01 Cr	31.21 Lakh	1.43 Cr

Chamunda Electricals Ltd. Background

Major Events And Milestones

2013

Our company originally incorporated as private limited with name of “Chamunda Electrical Private Limited ”.
2024

Our Company is Converted from Private Limited Company to Public Limited Company.
Our company has received order for Erection, Testing & Commissioning and civil word of Rs. 345.06 Lakh from Hartek Power Private Limited.

Chamunda Electricals Ltd. Object of Issues

1. Capital Expenditure (Purchase of New Testing Kit and Equipment’s)
2. Working Capital
3. Repayment of Term Loans and Cash Credit
4. General corporate purposes

Chamunda Electricals Ltd. IPO Listing Details

Listing Date

11 Feb 2025

NSE Symbol

CHAMUNDA

ISIN

INE11HG01018

Final Issue Price

₹ 50

Chamunda Electricals Ltd. Listing Day Trading Information

Pricing Details	BSE	NSE
Issue Price	-	₹ 50.00
Open	-	₹ 70.00
Low	-	₹ 66.50
High	-	₹ 71.00
Last Trade	-	₹ 66.50

Chamunda Electricals Ltd. Company Promoters

1. Mr. Chiragkumar Natvarlal Patel
2. Mr. Natvarbhai K Rathod
3. Mrs. Purnikaben C Patel

Industry Overview

India's power generation witnessed its highest growth rate in over 30 years in FY23. Power generation in India increased by 8.87% to 1,624.15 billion kilowatt-hours (kWh) in FY23. In FY24 (until January 2024), the power generation in India was 1,452.42 BU. During FY10-FY23, electricity generation ... Read more

Chamunda Electricals Ltd. Contact Details

Address: Shop No.113,114, Sakar Building Opp. Petrol Pump, Near Railway Fatak, Palanpur, Palanpur Gujarat - 385001
Phone no:9978912471 9925229791

Email: [email protected]

9978912471 9925229791

Visit Website

Chamunda Electricals Ltd. IPO Registrar

KFin Technologies Ltd.

Selenium Tower-B, Plot 31 & 32, Gachibowli, Financial District, Nanakramguda, Serilingampally Hyderabad Telangana - 500032

67162222

Chamunda Electricals Ltd. IPO Lead Manager(s)

GYR CAPITAL ADVISORS PRIVATE LIMITED

428, Gala Empire, Near JB Tower, Drive-In Road, Thaltej, Ahmedabad Gujarat - 380054

FAQs

When does Chamunda Electricals Ltd. IPO opens and closes?

Chamunda Electricals Ltd. IPO opens from 4th February to 6th February 2025.

What is the size of Chamunda Electricals Ltd. IPO?

The size of the Chamunda Electricals Ltd. IPO is ₹14.60 Cr.

What is the price range of Chamunda Electricals Ltd. IPO?

The price range of Chamunda Electricals Ltd. IPO is at ₹47 to ₹50 per share.

What is the minimum investment and lot size required for the Chamunda Electricals Ltd. IPO?

The minimum investment required is ₹1,50,000 and minimum lot size is 3000 shares.

When is Chamunda Electricals Ltd. IPO listing date?

The Chamunda Electricals Ltd. IPO will be listed on 11th February 2025.

What is the objective of Chamunda Electricals Ltd. IPO?

1. Capital Expenditure (Purchase of New Testing Kit and Equipment’s)
2. Working Capital
3. Repayment of Term Loans and Cash Credit
4. General corporate purposes

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