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.
Date | GMP | Expected Listing Price | Last Updated |
07-02-20258 | Rs 27 | Rs 27 | 09:35 AM |
06-02-2025 | Rs 15 | Rs 65 | 09:35AM |
05-02-2025 | Rs 13 | Rs 63 | 09:30 AM |
04-02-2025 | Rs 11 | Rs 61 | 09:30 AM |
03-02-2025 | Rs 11 | Rs 61 | 10:30 AM |
02-02-2025 | Rs 11 | Rs 61 | 10:30 AM |
01-02-2025 | Rs 11 | Rs 61 | 10:30 AM |
31-01-2025 | Rs 11 | Rs 61 | 10:30 AM |
30-01-2025 | Rs 11 | Rs 61 | 3:30 PM |
29-01-2025 | Rs 0 | Rs 50 | 10:30 PM |
Chamunda Electricals IPO Details
Face Value | Rs 10 per Share |
Lot Size | 3,000 Shares |
Price Band | Rs 47 to Rs 50 |
Listing At | NSE SME |
Total Issue Size | 29,19,000 Shares (aggregating up to Rs 14.60 Cr) |
Fresh Issue | 29,19,000 Shares (aggregating up to Rs 14.60 Cr) |
DRHP | Click Here |
RHP | Click Here |
Chamunda Electricals IPO Timeline
Open – Close Date | 4th Feb to 6th Feb |
Last UPI Mandate Confirmation | 5 PM on 6th Feb |
IPO Allotment | 7th Feb |
Amount Refund | 10th Feb |
Credit of Shares | 10th Feb |
Listing Date | 11th Feb |
Chamunda Electricals IPO Lot Size
Application | Lot | Size | Amount |
Retail (Min) | 1 | 3,000 Shares | Rs 1,50,000 |
Retail (Max) | 1 | 3,000 Shares | Rs 1,50,000 |
HNI (Min) | 2 | 6,000 Shares | Rs 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 On | Dec 2024 | March 2024 | March 2023 |
Assets | Rs 18.06 Cr | Rs 12.13 Cr | Rs 8.71 Cr |
Revenue | Rs 18.43 Cr | Rs 20.07 Cr | Rs 14.01 Cr |
PAT | Rs 2.81 Cr | Rs 2.44 Cr | Rs 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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