Chamunda Electrical is launching its IPO in February 2025, offering investors an opportunity to participate in its growth. The company specializes in operating and maintaining substations up to 66 kV and testing and commissioning substations up to 220 kV. It also operates a solar power generation park with a capacity of 1.5 MW in Banaskantha, Gujarat.
In this article, we provide a complete overview of Chamunda Electrical IPO, including issue details, financial performance, valuation, GMP updates, and allotment status.
Chamunda Electrical IPO Details
| IPO Details | Information |
|---|---|
| Issue Dates | 4 – 6 February 2025 |
| Issue Price | INR 47 – 50 per share |
| Fresh Issue | 29,19,000 shares (INR 13.72 – 14.60 crore) |
| Offer for Sale | NIL |
| Total IPO Size | 29,19,000 shares (INR 13.72 – 14.60 crore) |
| Minimum Bid (Lot Size) | 3,000 shares (INR 1,50,000) |
| Face Value | INR 10 per share |
| Retail Allocation | 35% |
| Listing On | NSE EMERGE |
Chamunda Electrical Financial Performance
| Year | FY 2022 | FY 2023 | FY 2024 | 9M FY 2025 |
| Revenue (INR Cr) | 11.23 | 13.94 | 19.95 | 18.29 |
| Expenses (INR Cr) | 12.02 | 13.59 | 16.60 | 14.45 |
| Net Income (INR Cr) | (0.51) | 0.31 | 2.44 | 2.81 |
Chamunda Electrical Valuations & Margins
| Metric | FY 2022 | FY 2023 | FY 2024 |
| EPS (INR) | (0.78) | 0.47 | 3.69 |
| PE Ratio | – | – | 12.74 – 13.55 |
| RONW (%) | (16.46) | 9.10 | 41.54 |
| NAV (INR) | 4.72 | 5.19 | 8.89 |
| ROCE (%) | (5.49) | 12.04 | 36.82 |
| EBITDA (%) | 4.11 | 12.73 | 23.50 |
| Debt/Equity | 1.49 | 1.08 | 0.79 |
Chamunda Electrical IPO GMP Today
| Date | GMP | Kostak | Subject to Sauda |
| Coming Soon | – | – | – |
Chamunda Electrical IPO Subscription – Live Updates
Live subscription status will be updated once available.
Chamunda Electrical IPO Allotment Status
Chamunda Electrical IPO allotment status will be available on the KFin Tech website. Investors can check their allotment status by clicking here.
Chamunda Electrical IPO Dates & Listing Performance
| Event | Date |
| IPO Opening Date | 4 February 2025 |
| IPO Closing Date | 6 February 2025 |
| Finalization of Basis of Allotment | 7 February 2025 |
| Initiation of Refunds | 10 February 2025 |
| Transfer of Shares to Demat Accounts | 10 February 2025 |
| IPO Listing Date | 11 February 2025 |
Chamunda Electrical IPO Promoters
- Mr. Chiragkumar Natvarlal Patel
- Mr. Natvarbhai K Rathod
- Mrs. Purnikaben C Patel
Chamunda Electrical Offer Lead Manager
GYR CAPITAL ADVISORS PRIVATE LIMITED
- Address: 428, Gala Empire, Near JB Tower, Drive in Road, Thaltej, Ahmedabad-380 054
- Phone: +91 8777564648
- Email: info@gyrcapitaladvisors.com
- Website: www.gyrcapitaladvisors.com
Chamunda Electrical Offer Registrar
KFIN TECHNOLOGIES LIMITED
- Address: Selenium Tower – B, Plot 31 & 32, Gachibowli, Hyderabad – 500 032, Telangana
- Phone: +91 40 6716 2222
- Email: chamunda.ipo@kfintech.com
- Website: www.kfintech.com
Chamunda Electrical Contact Details
- Address: Shop No.113,114, Sakar Building Opp. Petrol Pump, Near Railway Fatak, Palanpur, Gujarat, India, 385001
- Phone: +91 99789 12471
- Email: info@chamundaconst.com
- Website: www.chamundaconst.com
Frequently Asked Questions (FAQs)
1. What is Chamunda Electrical IPO size?
Chamunda Electrical’s IPO size is INR 13.72 – 14.60 crores.
2. What is the price band for Chamunda Electrical IPO?
The price band for Chamunda Electrical IPO is INR 47 – 50 per share.
3. What is the minimum lot size for Chamunda Electrical IPO?
The minimum lot size is 3,000 shares.
4. When will Chamunda Electrical IPO be listed?
The IPO is expected to be listed on 11 February 2025 on NSE EMERGE.
5. How to check Chamunda Electrical IPO allotment status?
Investors can check their IPO allotment status on the KFin Tech website.
6. What is the GMP for Chamunda Electrical IPO today?
The latest GMP (Grey Market Premium) for Chamunda Electrical IPO will be updated soon.
Stay tuned for more updates on Chamunda Electrical IPO, including live subscription status, GMP, and listing performance!