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IPO

Chamunda Electricals IPO GMP: What To Expect From Chamunda SME IPO

Chamunda Electricals IPO GMP:

Chamunda Electricals is preparing to launch its Rs 14.60 Crore IPO. The application for the same will start from 4th February and end on 6th February. This IPO is entirely a fresh issue of 29.19 lakh shares. The company will be listed on NSE SME.

Chamunda Electricals IPO is a book-building issue, requiring retail investors to make a minimum investment of Rs 1,50,000 to participate. HNIs must invest at least Rs 3,00,000 for 6,000 shares, equivalent to 2 lots.

Kfin Technologies Ltd is the registrar for this offering. Whereas GYR Capital Advisors Pvt Ltd is the lead manager for Chamunda Electricals IPO. The Market Maker for the same is Wiinance Financial Services Pvt Ltd.

Chamunda Electricals IPO GMP

The latest updated GMP of Chamunda Electricals IPO is Rs 27, as of 7th Feb, 2025 09:35 AM. The IPO has a price band of Rs 50. The estimated listing price for Chamunda Electricals IPO is Rs 77, reflecting a potential gain of 54% per share.

DateGMPExpected Listing PriceLast Updated
07-02-20258Rs 27Rs 2709:35 AM
06-02-2025Rs 15Rs 6509:35AM
05-02-2025Rs 13Rs 6309:30 AM
04-02-2025Rs 11Rs 61 09:30 AM
03-02-2025Rs 11Rs 6110:30 AM
02-02-2025Rs 11Rs 6110:30 AM
01-02-2025Rs 11Rs 6110:30 AM
31-01-2025Rs 11Rs 6110:30 AM
30-01-2025Rs 11Rs 613:30 PM
29-01-2025Rs 0Rs 5010:30 PM

Chamunda Electricals IPO Details

Face ValueRs 10 per Share
Lot Size3,000 Shares
Price BandRs 47 to Rs 50
Listing AtNSE SME
Total Issue Size29,19,000 Shares (aggregating up to Rs 14.60 Cr)
Fresh Issue29,19,000 Shares (aggregating up to Rs 14.60 Cr)
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Chamunda Electricals IPO Timeline

Open – Close Date4th Feb to 6th Feb
Last UPI Mandate Confirmation5 PM on 6th Feb
IPO Allotment 7th Feb
Amount Refund10th Feb
Credit of Shares10th Feb
Listing Date11th Feb

Chamunda Electricals IPO Lot Size

Application  LotSizeAmount
Retail (Min)13,000 SharesRs 1,50,000
Retail (Max)13,000 SharesRs 1,50,000
HNI (Min)26,000 SharesRs 3,00,000

Chamunda Electricals Company Details

Chamunda Electricals Limited, established in June 2013, specialises in managing substations up to 66 KV and solar power generation up to 1.5 MW.

Chamunda Electricals has over 600 skilled professionals, including engineers and supervisors, capable of handling complex projects with precision. Its business focuses on three key areas:

  • Operation, maintenance, and commissioning of electrical substations.
  • Setting up solar power generation parks.
  • Installing and commissioning electrical equipment up to 220 kV.

As of 31st December 2024, the company employed 637 full-time staff.

Is Chamunda Electricals IPO Worth Investing?

Ended OnDec 2024March 2024March 2023
AssetsRs 18.06 CrRs 12.13 CrRs 8.71 Cr
RevenueRs 18.43 CrRs 20.07 CrRs 14.01 Cr
PATRs 2.81 CrRs 2.44 CrRs 0.31 Cr

Financial Performance:

Revenue: The company generated Rs 18.43 crore in revenue during the period ended on 31st December, 2024. Revenue has generally increased over the periods, though there was a slight decline in the latest period.

Net Worth: The company’s net worth, which represents the total value of the company’s assets minus its liabilities, is Rs 10.93 crore.

Financial Position:

Assets: The company’s total assets amounted to Rs 18.06 crore as of December 2024. Assets have grown significantly, indicating potential expansion and investment.

Profit After Tax (PAT): the company generated PAT of Rs 2.81 crore as of December 2024. Profitability has fluctuated considerably, with a significant drop in the latest period.

Chamunda Electricals IPO FAQs:

What is the price band of Chamunda Electricals IPO?

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

What is the issue size of Chamunda Electricals IPO?

Chamunda Electricals IPO issue size is Rs 14.60 crore.

What is the lot size of Chamunda Electricals IPO?

The size of 1 lot is 3,000 Shares with a minimum bid of Rs 1,50,000.

What is the allotment and listing date of Chamunda Electricals IPO?

The allotment date of the IPO is 7th Feb and the listing date for the same is 11th Feb.

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