Chamunda Electricals offers specialized services for operations & maintenance of substations upto 66 Kilovolt, and testing & commissionin of substations upto 220 Kilovolt. It also has a solar power generation park of 1.5 MW capacity. Their services include erecting EHV class equipment, structures and equipment, earthing, control cable works, and other related work to the substations. Throughout the years, the company has reached the point where they have developed solutions and services through these verticals, which are as follows: Operation, maintenance, testing, and commissioning of electrical substations, Set-up a solar power generation park, and installation and commissioning of electrical equipment.
Chamunda Electrical IPO open date is February 4, 2025 and the IPO will close on February 6, 2025. Chamunda Electrical IPO price band is ₹47 to ₹50 per share. The retail quota is 35%, QIB is 50%, and HNI is 15%.
Chamunda Electrical IPO to list on NSE on February 11, 2025. The allotment of Chamunda Electrical IPO date is February 7, 2025. The company reported revenue of ₹20.07 crores in 2024 against ₹14.01 crore in 2023. The company reported profit of ₹2.46 crores in 2024 against profit of ₹0.31 crores in 2023.
Chamunda Electrical IPO Details
| IPO Open Date: | February 4, 2025 |
| IPO Close Date: | February 6, 2025 |
| Face Value: | ₹10 Per Equity Share |
| IPO Price Band: | ₹47 to ₹50 Per Share |
| Issue Size: | Approx ₹14.60 Crores |
| Fresh Issue: | Approx ₹14.60 Crores |
| IPO Listing: | NSE SME |
| Retail Quota: | Not more than 35% |
| QIB Quota: | Not more than 50% |
| NII Quota: | Not more than 15% |
Chamunda Electrical IPO Timeline
The Chamunda Electrical IPO date is February 4 and the close date is February 6. The Chamunda Electrical IPO allotment will be finalized on February 7 and the IPO listing on February 11.
| IPO Open Date: | February 4, 2025 |
| IPO Close Date: | February 6, 2025 |
| Basis of Allotment: | February 7, 2025 |
| Refunds: | February 10, 2025 |
| Credit to Demat Account: | February 10, 2025 |
| IPO Listing Date: | February 11, 2025 |
Chamunda Electricals SME IPO Lots
| SME IPO Activity | Date |
|---|---|
| Issue Price | ₹47.00-50.00 |
| Market Lot: | 3000 Shares |
| 1 Lot Amount: | ₹150000 |
| Min Small HNI Lots(2-10 Lakh): | 6000 shares (2 lots) – ₹300000 |
| Min Big HNI Lots(10+ Lakh): | 21000 shares (7 lots) – ₹1050000 |
Chamunda Electricals Limited: Financial Insights & Key Details
| 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 |
