Chamunda Electrical IPO description – Chamunda Electrical specializes in operating and maintaining substations up to 66 kV (kilovolt) and testing and commissioning substations up to 220 kV. The company also provides services for a solar power generation park with a capacity of 1.5 MW (Megawatts). Its business operations include erecting EHV class equipment, structures, earthing, control cable work, and other associated tasks for substations up to 220 kV (D Class).
The company has established a solar power generation facility in Banaskantha, Gujarat, with a capacity of 1.5 MW. It has also signed a 25-year Power Purchase Agreement with Uttar Gujarat Vij Company Limited for this project. As of 31 December 2024, the company employs 637 permanent staff members.
Promoters of Chamunda Electrical – Mr. Chiragkumar Natvarlal Patel, Mr. Natvarbhai K Rathod, and Mrs. Purnikaben C Patel
Table of Contents
Chamunda Electrical IPO Details
| Chamunda Electrical Issue Dates | 4 – 6 February 2025 |
| Chamunda Electrical Issue Price | INR 47 – 50 per share |
| Fresh issue | 29,19,000 shares (INR 13.72 – 14.60 crore) |
| Offer For Sale | NIL |
| Total IPO size | 29,19,000 shares (INR 13.72 – 14.60 crore) |
| Minimum bid (lot size) | 3,000 shares (INR 1,50,000) |
| Face Value | INR 10 per share |
| Retail Allocation | 35% |
| Listing On | NSE EMERGE |
Chamunda Electrical Financial Performance
| FY 2022 | FY 2023 | FY 2024 | 9M FY 2025 | |
| Revenue | 11.23 | 13.94 | 19.95 | 18.29 |
| Expenses | 12.02 | 13.59 | 16.60 | 14.45 |
| Net income | (0.51) | 0.31 | 2.44 | 2.81 |
Chamunda Electrical Offer News
- Chamunda Electrical RHP
- Chamunda Electrical Draft Prospectus
- ASBA IPO Forms
- Live IPO Subscription Status
- Highest SME IPO Subscription in 2024
Chamunda Electrical Valuations & Margins
| FY 2022 | FY 2023 | FY 2024 | |
| EPS | (0.78) | 0.47 | 3.69 |
| PE ratio | – | – | 12.74 – 13.55 |
| RONW (%) | (16.46) | 9.10 | 41.54 |
| NAV | 4.72 | 5.19 | 8.89 |
| ROCE (%) | (5.49) | 12.04 | 36.82 |
| EBITDA (%) | 4.11 | 12.73 | 23.50 |
| Debt/Equity | 1.49 | 1.08 | 0.79 |
Chamunda Electrical IPO GMP Today
| Date | Consolidated IPO GMP | Kostak | Subject to Sauda |
| Coming soon | – | – | – |
Chamunda Electrical IPO Subscription – Live Updates
Coming soon
The market maker reservation portion of shares is not included in the above calculations.
Chamunda Electrical IPO Allotment Status
Chamunda Electrical IPO allotment status will be available on the KFin Tech website. Click on this link to get allotment status.
Chamunda Electrical IPO Dates & Listing Performance
| IPO Opening Date | 4 February 2025 |
| IPO Closing Date | 6 February 2025 |
| Finalization of Basis of Allotment | 7 February 2025 |
| Initiation of refunds | 10 February 2025 |
| Transfer of shares to demat accounts | 10 February 2025 |
| IPO Listing Date | 11 February 2025 |
| Opening Price on NSE SME | Coming soon |
| Closing Price on NSE SME | Coming soon |
Chamunda Electrical Offer Lead Manager
GYR CAPITAL ADVISORS PRIVATE LIMITED
428, Gala Empire, Near JB Tower,
Drive in Road, Thaltej, Ahmedabad-380 054
Phone:+91 8777564648
Email: [email protected]
Website: www.gyrcapitaladvisors.com
Chamunda Electrical Offer Registrar
KFIN TECHNOLOGIES LIMITED
Selenium Tower – B, Plot 31 & 32, Gachibowli,
Financial District, Nanakramguda, Serilingampally,
Hyderabad – 500 032, Telangana
Tel: +91 40 6716 2222
E-mail: [email protected]
Website: www.kfintech.com
Chamunda Electrical Issue Contact Details
CHAMUNDA ELECTRICAL LIMITED
Shop No.113,114, Sakar Building Opp.
Petrol Pump, Near Railway Fatak,
Palanpur, Gujarat, India, 385001
Phone: +91 99789 12471
E-mail: [email protected]
Website: www.chamundaconst.com
IPO FAQs
What is Chamunda Electrical IPO size?
Chamunda Electrical’s offer size is INR 13.72 – 14.60 crores.
What is the Chamunda Electrical IPO price band?
Chamunda Electrical’s public offer price is INR 47 – 50 per share.
What is the lot size of Chamunda Electrical Offer?
Chamunda Electrical’s offer lot size is 3,000 shares.
What is Chamunda Electrical IPO GMP today?
Chamunda Electrical IPO GMP today is INR NA per share.
What is the Chamunda Electrical kostak rate today?
Chamunda Electrical kostak rate today is INR NA per application.
What is Chamunda Electrical Subject to Sauda rate today?
Chamunda Electrical is Subject to the Sauda rate today is INR NA per application.
