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Chamunda Electrical IPO

  • Status: Closed
  • RHP:
  • ₹ 141,000 / 3000 shares

    Minimum Investment

IPO Listing Details

  • Listing Date

    11 Feb 2025

  • Listing Price

    ₹ 70.00

  • Listing Change

    40.00%

  • Last Traded Price

    ₹ 43.90

IPO Details

  • Bidding starts

    04 Feb 2025

  • Bidding ends

    06 Feb 2025

  • Listing

    11 Feb 2025

  • IPO Price Range

    ₹ 47 to ₹ 50

  • IPO Size

    ₹ 14.60 Cr

  • Listing Exchange

    NSE SME

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IPO Timeline

Chamunda Electrical IPO Subscription Status

Last Updated: 06 February 2025 6:25 PM by 5Paisa

Chamunda Electricals Limited specializes in the operation, maintenance, testing, and commissioning of substations up to 220 KV, and solar power generation. With over 600 skilled employees, the company provides EHV equipment installation, earthing, and control cable works. Known for its decade-long experience, strong management, and scalable business model, Chamunda delivers precision-driven solutions.

Established in: 2013
Chairman & Managing Director: Mr. Chiragkumar Natvarlal Patel
 

Objectives

1. To meet the capital expenditure for the purchase of new testing kit and equipments,
2. Funding the working capital requirements,
3. Repayment of term loans and cash credit,
4. General corporate purposes,
5. Issue expenses.

Chamunda Electricals IPO Size

Types Size
Total IPO Size ₹14.60 Cr.
Offer For Sale -
Fresh Issue ₹14.60 Cr.

 

Chamunda Electricals IPO Lot Size

Application Lots Shares Amount
Retail (Min) 1 3000 141,000
Retail (Max) 1 3000 141,000
HNI (Min) 2 6000 282,000

Chamunda Electricals IPO Reservation

Investors Category Subscription (times) Shares Offered Shares bid for Total Amount (Cr.)*
QIB 155.85 5,52,000 8,60,28,000 430.14
NII (HNI) 1,943.07 4,14,000 80,44,32,000 4,022.16
Retail 554.09 9,66,000 53,52,54,000 2,676.27
Total** 737.95 19,32,000 1,42,57,14,000 7,128.57

 

*The "Shares Offered" and "Total Amount" are calculated using the upper limit of the issue price range.
**Shares allocated to anchor investors (or market makers) are excluded from the total number of shares offered.

 

Chamunda Electricals IPO Anchor Allocation

Anchor Bid Date 03 February, 2025
Shares Offered 8,22,000
Anchor portion Size (In ₹ Cr.) 4.11
Anchor lock-in period end date for 50% shares (30 Days) 9 March, 2025
Anchor lock-in period end date for remaining shares (90 Days) 8 May, 2025

 

Profit and Loss

Balance Sheet

Particulars (in Rs. Crores) FY22 FY23 FY24
Revenue 8.74 8.71 12.13
EBITDA 0.47 1.78 4.72
PAT -0.51 0.31 2.44
Particulars (in Rs. Crores) FY22 FY23 FY24
Total Assets 8.74 8.71 12.13
Share Capital 2.00 2.00 2.00
Total Borrowings 4.65 3.69 4.61
Particulars (in Rs. Crores) FY22 FY23 FY24
Net Cash Generated From / (used in) operating activities -2.39 2.10 1.75
Net Cash Generated From / (used in) investing activities -1.11 -0.60 -1.25
Net Cash Generated From / (used in) financing activities 3.57 -1.45 0.46
Net Increase (Decrease) In Cash And Cash Equivalents 0.07 0.04 0.96


Strengths

1. Decade-long industry experience ensures deep expertise in electrical substation services.
2. Skilled workforce of over 600 employees for efficient project execution.
3. Strong execution capabilities, completing complex projects with precision and accuracy.
4. Scalable business model supported by a robust work order book.
5. Advanced equipment and cutting-edge technology for high-quality services.
 

Risks

1. Limited presence outside of primary operating regions may restrict market reach.
2. Heavy reliance on specific industries may expose the company to sectoral risks.
3. High operational costs due to advanced technology and skilled workforce.
4. Dependency on a few large projects for revenue generation.
5. Limited diversification beyond electrical substation services and solar power generation.
 

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FAQs

Chamunda Electricals IPO opens from 4 February 2025 to 6 February 2025.

The size of Chamunda Electricals IPO is ₹14.60 Cr.

The price of Chamunda Electricals IPO is fixed at ₹47 to ₹50 per share. 

To apply for Chamunda Electricals IPO, follow the steps given below:

●  Login to your 5paisa account and select the issue in the current IPO section    
●  Enter the number of lots and the price at which you wish to apply for the Chamunda Electricals  IPO.    
●  Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange.    

You will receive a mandate notification to block funds in your UPI app.
 

The minimum lot size of Chamunda Electricals IPO is 3,000 shares and the investment required is ₹141,000
 

The share allotment date of Chamunda Electricals IPO is 7 February 2025

The Chamunda Electricals IPO will be listed on 11 February 2025.

GYR Capital Advisors Pvt. Ltd is the book running lead manager for Chamunda Electricals IPO.
 

Chamunda Electricals plans to utilise the raised capital from the IPO for:
1. To meet the capital expenditure for the purchase of new testing kit and equipments,
2. Funding the working capital requirements,
3. Repayment of term loans and cash credit,
4. General corporate purposes,
5. Issue expenses.