Chamunda Electricals Limited IPO

Minimum Investment

Minimum Investment (Retail)Lots (min)Shares (QTY)
₹1,50,00013000

About Chamunda Electricals Limited IPO

Founded in June 2013, Chamunda Electricals Limited specializes in operating and maintaining up to 66 KV substations, testing and commissioning for up to 220 KV substations, and 1.5 MW solar power generation. The company’s services include erecting EHV class equipment, structures, earthing, control cable works, and other associated tasks for up to 220 KV (D Class) substations.

The company has a team of more than 600 engineers, supervisors and other supporting staff well-equipped to handle complex projects with a high degree of accuracy.

The company’s business can be divided into the following categories

  1. Operation, Maintenance, Testing & Commissioning of Electrical Sub-stations
  2. Set up a solar power generation park
  3. Installation and commissioning of electrical equipment designed to operate at voltages typically up to 220 kV

As on December 31, 2024, the company had 637 full-time employees.

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Competitive Strength:

  • Decade long years of industry experience with strong execution capabilities
  • Strong Promoters and Board of Directors supported by an experienced senior management team
  • Advanced Equipment & Skilled Workforce for Precision
  • Scalable Business Model with a strong work order book

Chamunda Electricals Limited IPO Details

IPO DateFebruary 4, 2025 to February 6, 2025
Face Value₹10 per share
Price Band₹47 to ₹50 per share
Lot Size3,000 Shares
Total Issue Size29,19,000 shares
(aggregating up to ₹14.60 Cr)
Fresh Issue29,19,000 shares
(aggregating up to ₹ 14.60 Cr)
Issue TypeBook Built Issue IPO
Listing AtNSE SME
Share Holding Pre Issue80,85,594 shares
Share Holding Post Issue1,10,04,594 shares
IPO Open DateTuesday, February 4, 2025
IPO Close DateThursday, February 6, 2025
Basis of AllotmentFriday, February 7, 2025
Initiation of RefundsMonday, February 10, 2025
Credit of Shares to DematMonday, February 10, 2025
Listing DateTuesday, February 11, 2025
Cut-off time for UPI mandate confirmation5 PM on February 6, 2025

Chamunda Electricals Limited IPO Prospectus

Chamunda Electricals Limited Financial Snapshot (in Crore)

Period Ended31 Dec 202431 Mar 202431 Mar 202331 Mar 2022
Assets18.0612.138.718.74
Revenue18.4320.0714.0111.32
Profit After Tax2.812.440.31-0.51
Net Worth10.935.863.433.12
Reserves and Surplus2.843.861.431.12
Total Borrowing2.924.613.694.65

Chamunda Electricals Limited Promoters Holding

Mr. Chiragkumar Natvarlal Patel, Mr. Natvarbhai K Rathod and Mrs. Purnikaben C Patel

Chamunda Electricals Limited Contact Details

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: https://www.chamundaconst.com/

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