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Allotment

Chamunda Electrical Limited

Chamunda Electrical is launching an IPO through a book-building issue of ₹14.60 crore, consisting entirely of a fresh issue of 0.29 crore shares. The proceeds from the issue will be utilized to support the company’s growth and business requirements.

Issue Details
The price band for the IPO is fixed at ₹50 per share. The lot size for an application is 3,000 shares, and investors can bid for a minimum of 3,000 shares and in multiples thereof. Retail investors are required to make a minimum investment of ₹1,50,000, while High Net Worth Individuals (HNIs) must invest in 2 lots (6,000 shares) amounting to ₹3,00,000.

Timeline
The IPO opened on February 4, 2025, and closed on February 6, 2025. The allotment was finalized on February 7, 2025, and the shares were subsequently listed on NSE SME on February 11, 2025.

Key Participants
GYR Capital Advisors Pvt. Ltd. is the Book Running Lead Manager, Kfin Technologies Ltd. serves as the Registrar of the Issue, and Wiinance Financial Services Pvt. Ltd. is the Market Maker, providing post-listing liquidity support.

Chamunda Electrical Limited IPO & Charts
₹50

0%

Open

₹50

HIgh - Low

₹50

Previous Close

₹50

Total Traded Value

0

52 Weeks High

₹50

52 Weeks Low

₹50

Updates On

Jan 30, 2025

IPO. Open

Feb 4, 2026

IPO. Close

Feb 6, 2026

IPO. Price

₹50.00

IPO Market price

₹55.02 Cr

IPO Details

IPO Date 11 Feb
IPO Listing Date 11 Feb
IPO Face Value ₹10 per share
IPO Price Range ₹50.00
IPO Issue Size 29,19,000 shares
IPO Sale Type Fresh Capital
Employee Discount -
IPO Issue Type Bookbuilding IPO
IPO Listing NSE SME Platform
hare Holding Pre Issue 80,85,594 shares

IPO Timeline

IPO Open Date 4 Feb
IPO Close Date 6 Feb
IPO Allotment (Tentative) 7 Feb
Refunds 10 Feb
Credit to Demat Account 10 Feb
IPO Listing Date 11 Feb

IPO Reservation

Category Offer
QIB Shares Offered 13,74,000 Shares
NII (HNI) Shares Offered 4,14,000 Shares
Retail Shares Offered 9,66,000 Shares

IPO Lot Size

Investors may apply for a minimum of 3,000 shares and in multiples of 3,000 shares thereafter.

Application Lots Share Amount
Retail (Min) 1 3,000 ₹1,50,000
Retail (Max) 1 3,000 ₹1,50,000
S-HNI (Min) 2 6,000 ₹3,00,000
S-HNI (Max) - - -
B-HNI (Min) - - -
About Company

Founded in June 2013, Chamunda Electricals Limited specializes in the operation and maintenance of electrical substations up to 66 KV, as well as testing and commissioning of substations up to 220 KV. The company is also engaged in solar power generation, with operational capacity of up to 1.5 MW. Its services include erection of EHV-class equipment, structural works, earthing, control cable installation, and other associated activities for up to 220 KV (D Class) substations.

Operations and Capabilities
Chamunda Electricals undertakes a wide range of electrical infrastructure projects, including operation, maintenance, testing, and commissioning of substations, installation and commissioning of high-voltage electrical equipment, and development of solar power generation parks. The company is supported by a highly skilled workforce of engineers, supervisors, and technical staff, enabling it to execute complex and large-scale projects with precision and reliability.

Workforce
As of December 31, 2024, the company employed 637 full-time personnel, reflecting its strong operational scale and ability to manage multiple projects simultaneously across locations.

Competitive Strengths
The company’s key strengths include over a decade of industry experience, strong execution capabilities, experienced promoters and a capable board, a skilled workforce supported by advanced equipment, and a scalable business model backed by a robust work order book, positioning it well for future growth.

-

Company Financials (Consolidated)

Assets 18.06 12.13 8.71
Total Income 18.43 20.07 14.01
Profit After Tax 2.81 2.44 0.31
EBITDA - - -
NET Worth 10.93 5.86 3.43
Reserves and Surplus 2.84 3.86 1.43
Total Borrowing 2.92 4.61 3.69

Key Performance Indicator (KPI)

ROE 52.43%
ROCE 36.82%
Debt/Equity 0.78
RoNW 41.54%
PAT Margin 12.21%
EBITDA Margin -
Price to Book Value 10.59
IPO Objective

IPO Objects of the Issue

S.No. Objects of the ipo Resources Detail IPO Amount
1 Funding capital expenditure requirements for the purchase of equipment/machineries 1.21
2 To meet out the expenses of Working Capital Requirement 5.5
3 To meet out the General Corporate Purposes; 3.58
4 Offer for Sale (OFS) -

Contact Details

Chamunda Electrical Ltd. Address
Shop No.113,114,
Sakar Building Opp. Petrol Pump,
Near Railway Fatak,
Palanpur, Gujarat, 385001
+91 99789 12471
info@chamundaconst.com
https://www.chamundaconst.com/

Detail Registrar

IPO Registrar

Kfin Technologies Ltd.
04067162222, 04079611000
cel.ipo@kfintech.co
https://ipostatus.kfintech.com/

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