CHAMUNDA ELECTRICAL LIMITED

04 Feb 2025 - 06 Feb 2025 Individual Category SME NSE

Min Investment

₹150000

Price Band

₹47-₹50

Issue Size

20.97 lakhs
Equity Shares

Lot Size

3000

IPO Dates
img

04 Feb 2025

Open Date

img

06 Feb 2025

Close Date

img

07 Feb 2025

Allotment Date

img

11 Feb 2025

Listing Date

Chamunda Electricals IPO open date is from February 4, 2025 to February 6, 2025. This new IPO is a book-built issue of 29.19 lakh equity shares. This upcoming IPO is offering entirely a fresh issue. Chamunda Electricals IPO price band is Rs 47 – Rs 50 per share. As of now, Chamunda Electricals IPO live GMP is at 0, indicating neutral sentiment among investors for this IPO.Chamunda Electricals IPO lot size is 3,000 shares, and the allotment status will be finalised on Friday, February 7, 2025. The minimum investment for retail investors is 1 lot, which is Rs 1,50,000. The registrar for Chamunda Electricals IPO is Kfin Technologies Limited. The listing date is Tuesday, February 11, 2025.

Know Before Investing

Strengths icon

  • Advanced in-house processing facilities with focus on cost competitiveness.
  • Comprehensive product portfolio enables us to serve customers spread across the globe.
  • Demonstrated history of financial performance and a scalable business model.

Weaknesses icon

  • Inability to anticipate and adapt to evolving customer preferences and demand may adversely impact.
  • Revenues largely depended on acceptance of bids submitted to the Government and other agencies.
  • Their top 4 customers contribute 100% of revenues from operations.

About Chamunda Electrical Limited

Chamunda Electricals Limited, established in June 2013, is a dynamic company focused on the operation and maintenance of electrical substations up to 66 KV and the testing and commissioning of substations up to 220 KV.Chamunda Electricals has a workforce of over 600 professionals, teams includes engineers and supervisors. The company is equipped to manage complex projects efficiently with proper utilisation of resources.Chamunda Electricals has positioned itself as a key player in the electrical services sector, contributing to the growing demand for reliable power infrastructure. Chamunda Electricals also engages in solar power projects, aligning with sustainable energy initiatives.

Founded

2013

Managing Director

Chiragkumar Natvarlal Patel

Parent Organization

IPO Objectives

Chamunda Electricals IPO objectives include utilising the funding received from the fresh issue into various objectives, including to meet capital expenditure for purchase of New Testing Kit and Equipments, funding in to the working capital requirements of the company, repayment of term loans and cash credit, to meet general corporate purposes and further to meet general corporate purposes.

Company Promoters

Mr. Chiragkumar Natvarlal Patel

Mr. Natvarbhai K Rathod

Mrs. Purnikaben C Patel

Subscription Details

Investor Category Subscription (times)
Qualified Institutions 0
Non-Institutional Buyers 0
bNII (bids above ₹10L) 0
sNII (bids below ₹10L) 0
Retail Investors 0
Employees 0
Others 0
Total 0

How to Apply for IPO

img img

Login

Login to your Bigul Account

Select Lots & Price

Choose the number of lots and price

UPI ID

Enter your UPI ID

UPI Mandate Request

A UPI Mandate Request Triggered

Approve Mandate

Approve the UPI Mandate Request

IPO Allotment

YES Share will be credited. and the amount will be debited

Close

Let's Open Free Demat Account