Chamunda Electrical Limited, a fast-growing company in the electrical infrastructure sector, is launching its Initial Public Offering from February 4, 2025, to February 6, 2025. The company will raise ₹14.60 crores through a Book Built Issue IPO. The book built issue comprises the fresh issue of whole amount. The IPO price band is of ₹47 to ₹50 per share, and the company will get listed on the NSE SME platform on February 11, 2025.
| Detail | Information |
|---|---|
| IPO Date | February 4, 2025 to February 6, 2025 |
| Listing Date | February 11, 2025 |
| Face Value | ₹10 per share |
| Price Band | ₹47 to ₹50 per share |
| Lot Size | 3,000 Shares |
| Total Issue Size | 29,19,000 shares (aggregating up to ₹14.60 Cr) |
| Fresh Issue | 29,19,000 shares (aggregating up to ₹14.60 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | NSE SME |
| Share Holding Pre Issue | 80,85,594 shares |
| Share Holding Post Issue | 1,10,04,594 shares |
| IPO Listing Date | February 11, 2025 |
| DRHP Draft Prospectus | Click Here |
| RHP Draft Prospectus | Click Here |
| Anchor Investors List | Click Here |
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 3,000 | ₹1,50,000 |
| Retail (Max) | 1 | 3,000 | ₹1,50,000 |
| HNI (Min) | 2 | 6,000 | ₹3,00,000 |
| Period Ended | 31 Dec 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|---|
| Assets | ₹18.06 Crore | ₹12.13 Crore | ₹8.71 Crore | ₹8.74 Crore |
| Revenue | ₹18.43 Crore | ₹20.07 Crore | ₹14.01 Crore | ₹11.32 Crore |
| Profit After Tax | ₹2.81 Crore | ₹2.44 Crore | ₹0.31 Crore | ₹-0.51 Crore |
| Net Worth | ₹10.93 Crore | ₹5.86 Crore | ₹3.43 Crore | ₹3.12 Crore |
| Reserves and Surplus | ₹2.84 Crore | ₹3.86 Crore | ₹1.43 Crore | ₹1.12 Crore |
| Total Borrowing | ₹2.92 Crore | ₹4.61 Crore | ₹3.69 Crore | ₹4.65 Crore |
Amount in ₹ Crore
Operation and Maintenance – Services for substations up to 66 KV.
Testing and Commissioning – Electrical substations up to 220 KV.
Solar Power Generation – 1.5 MW solar park.
EHV Class Equipment Erection – Earthing, control cables, and structure installation.
Chamunda Electrical has built a strong client relationship with efficient service delivery by 600 engineers, supervisors, and supporting staff.
Chamunda Electricals Limited
Shop No.113,114, Sakar Building Opp. Petrol Pump
Near Railway Fatak,
Palanpur-385001
Phone: +91 99789 12471
Email: info@chamundaconst.com
Website:
Chamunda Electrical IPO will open for subscription on February 4, 2025, and close on February 6, 2025.
The IPO price band is set between ₹47 to ₹50 per share.
You can apply via UPI-based trading platforms like Zerodha, Upstox, and Groww or through Net Banking ASBA using your bank’s IPO investment section.
The minimum lot size is 3,000 shares, meaning investors need to invest at least ₹1,41,000 (₹47 x 3,000 shares) at the lower price band.
The allotment date is February 7, 2025.
The listing date for Chamunda Electrical IPO is February 11, 2025.
The company reported ₹20.07 crore in revenue and ₹2.46 crore in profit in FY 2024, showing significant growth from the previous year.
Based on strong revenue and profit growth, this IPO may be a good long-term investment, but investors should assess their risk tolerance before applying.
The funds will be used for business expansion, working capital, debt repayment, and general corporate purposes.
Key risks include SME IPO volatility, sector competition, and dependency on contracts/orders for revenue generation.
