Chamunda Electricals Limited IPO

Chamunda Electrical Ltd

₹1,41,000 /3000 sharesMinimum Investment

Chamunda Electricals Limited IPO Listing Details

Listed OnIssue PriceListing PriceListing Gains
--₹50.00₹70.00₹20.00 (40.00%)

Chamunda Electricals Limited IPO Details

Bidding DatesMin. InvestmentLot SizePrice Range
4 Feb ‘25 - 6 Feb ‘25₹1,41,0003,000₹47 - ₹50
Issue SizeIPO Doc
14.60Cr
RHP PDF

Subscription rate

As of 06 Feb'25, 05:00 PM
Qualified Institutional Buyers148.48x
Non-Institutional Investor1,631.46x
Retail Individual Investor439.25x
Total563.52x

About Chamunda Electricals Limited

Chamunda Electricals provides services related to the operation and maintenance of substations up to 66 KV. The company also handles testing and commissioning of electrical substations up to 220 KV, along with managing a 1.5 MW solar power generation park. The company’s services include the installation of EHV-class equipment, structural components, earthing systems, control cable works, and other related tasks for substations up to 220 KV (D Class).;
Founded in
2013
Managing director
Mr. Chiragkumar Natvarlal Patel
Parent organisation
Chamunda Electrical Ltd

Strengths & Financials of Chamunda Electricals Limited

Strengths
Risks
Chamunda Electricals claims to have established a strong reputation over the years for delivering high-quality solutions in the power sector. With expertise in Extra High Voltage (EHV) equipment, the company has successfully executed complex erection, testing, and commissioning projects for substations.
The company claims to utilise advanced equipment designed for testing and commissioning substations and other power-related projects. This technology ensures thorough verification and commissioning, maintaining high standards for reliable and efficient power delivery.
Chamunda Electricals claims to have developed a scalable business model by leveraging its expertise in the operation, maintenance, and testing of 77 substations.
The company has seen a consistent increase in revenue from operations. Revenue from operations increased from Rs 11.23 crore in FY22 to Rs 13.94 crore in FY23 to Rs 19.95 crore in FY24.

Chamunda Electricals Limited Financials

*All values are in Rs. Cr
No Graph Data To Display

Application Details of Chamunda Electricals Limited IPO

Apply asPrice bandApply upto
Regular47 - 50₹2 Lakh
High Networth Individual47 - 50₹2 - 5 Lakh
For Chamunda Electricals Limited IPO, eligible investors can apply as Regular.
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