Minimum Investment
| Minimum Investment (Retail) | Lots (min) | Shares (QTY) |
| ₹1,50,000 | 1 | 3000 |
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
- Operation, Maintenance, Testing & Commissioning of Electrical Sub-stations
- Set up a solar power generation park
- 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 Date | February 4, 2025 to February 6, 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 Open Date | Tuesday, February 4, 2025 |
| IPO Close Date | Thursday, February 6, 2025 |
| Basis of Allotment | Friday, February 7, 2025 |
| Initiation of Refunds | Monday, February 10, 2025 |
| Credit of Shares to Demat | Monday, February 10, 2025 |
| Listing Date | Tuesday, February 11, 2025 |
| Cut-off time for UPI mandate confirmation | 5 PM on February 6, 2025 |
Chamunda Electricals Limited IPO Prospectus
Chamunda Electricals Limited Financial Snapshot (in Crore)
| Period Ended | 31 Dec 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
| Assets | 18.06 | 12.13 | 8.71 | 8.74 |
| Revenue | 18.43 | 20.07 | 14.01 | 11.32 |
| Profit After Tax | 2.81 | 2.44 | 0.31 | -0.51 |
| Net Worth | 10.93 | 5.86 | 3.43 | 3.12 |
| Reserves and Surplus | 2.84 | 3.86 | 1.43 | 1.12 |
| Total Borrowing | 2.92 | 4.61 | 3.69 | 4.65 |
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/