Chamunda Electrical Ltd
Price Range
₹47 - ₹50
Min. Quantity
3,000
Closes on
6 February 2025
Min. investment
₹1,50,000/3,000 Shares
Chamunda Electrical Ltd IPO Timeline
Chamunda Electrical Limited was incorporated on June 25, 2013 as 'Chamunda Electrical Private Limited', a Private Limited Company pursuant to a Certificate of Incorporation issued by the Registrar of Companies, Gujarat, Dadra and Nagar Havelli. Subsequently, the status of the Company was converted into a Public Limited Company and the name was changed to 'Chamunda Electrical Limited' dated August 21, 2024 issued by the Registrar of Companies, Central Processing Centre.
| Event | Date |
|---|---|
| Chamunda Electrical Ltd IPO Opening Date | 4 February 2025 |
| Chamunda Electrical Ltd IPO Closing Date | 6 February 2025 |
| Basis of Allotment | 7 February 2025 |
| Initiation of Refunds | 10 February 2025 |
| Credit of Shares to Demat | 10 February 2025 |
| Chamunda Electrical Ltd IPO Listing Date | 11 February 2025 |
Chamunda Electrical Ltd IPO Details
| Chamunda Electrical Ltd IPO Date | 4 February 2025 to 6 February 2025 |
| Chamunda Electrical Ltd IPO Face Value | ₹10 per share |
| Chamunda Electrical Ltd IPO Price | ₹47 to ₹50 per share |
| Chamunda Electrical Ltd IPO Lot Size | 3,000 |
| Issue Size | Shares of ₹10 (aggregating up to ₹13.72 Cr) |
| Fresh Issue | Shares of ₹10 (aggregating up to ₹14.6 Cr) |
| Offer for Sale | - |
| Issue Type | Book Building - SME |
| Listing At | NSE - SME |
| QIB Shares Offered | - |
| Retail Shares Offered | - |
| NII (HNI) Shares Offered | - |
| Company Promoters | Chiragkumar Natvarlal Patel, Natvarbhai K Rathod, Purnikaben C Patel |
Chamunda Electrical Ltd IPO Lot Size
The Chamunda Electrical Ltd IPO lot size is 3,000 shares. A retail-individual investor can apply for up to 1 lots (3,000 shares or ₹1,50,000).
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Minimum | 1 | 3,000 | ₹1,50,000 |
| Maximum | 1 | 3,000 | ₹1,50,000 |
- Strengths
- Risks
- Opportunities
- Good relationship with the contract farmers and other vendors ensuring availability of raw materials during off-season period.
- Support of efficient supply-chain enable us to have long standing and deep customer relationships.
- Quality assurance and quality control of our products and as a result we received various awards and accreditations.
- Advanced in-house processing facilities with focus on cost competitiveness.
- Comprehensive product portfolio enables us to serve our customers spread across the globe.
- Demonstrated history of financial performance and a scalable business model.
- Experienced promoter and management team.
Company Financials
Chamunda Electrical Ltd Financial Information (Restated)
| Period Ended | Total Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| 03-2024 | 12.13 | 20.07 | 2.46 |
| 03-2023 | 8.71 | 14.01 | 0.31 |
| 03-2022 | 8.74 | 11.32 | -0.51 |
| Amount in ₹ Crore | |||
Objects of the Issue
The company proposes to utilise the Net Proceeds from the Fresh Issue towards funding the following objects:
- Capital expenditure (Purchase of New Testing Kit and Equipment's)
- Working Capital
- Repayment of term loans and cash credit
- General corporate purposes
Chamunda Electrical Ltd IPO Promoter Holding
| Pre Issue Share Holding | 53.04% |
| Post Issue Share Holding | 38.97% |
Chamunda Electrical Ltd IPO Subscription Status (Bidding Detail)
The Chamunda Electrical Ltd IPO is subscribed 0 times on 6 February 2025 05:00:00 PM. The public issue subscribed 0 times in the retail category, 0 times in the QIB category, and 0 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | QIB | NII | Retail | Employee | Total |
| Subscription (times) | - | - | - | - | - |
Chamunda Electrical Ltd IPO Prospectus
Chamunda Electrical Ltd IPO Listing Date
| Listing Date | 11 February 2025 |
| BSE Script | - |
| NSE Symbol | - |
| Listing In | NSE - SME |
| ISIN | INE11HG01018 |
| IPO Price | ₹0 |
| Face Value | ₹10 |
Company Contact Information
No. 113,114 Sakar BuildingOp.Petrol Pump, Nr.R.Way Fatak,Palanpur-385001
Phone: +91 99789 12471
Email: info@chamundaconst.com
Website: https://www.chamundaconst.com/
Chamunda Electrical Ltd IPO Registrar
Chamunda Electrical Ltd IPO Lead Manager(s)
- GYR Capital Advisors Pvt Ltd
FAQ
What is the issue size of Chamunda Electrical Ltd IPO?
I have pre-applied for Chamunda Electrical Ltd IPO. When will my order get placed?
In case of pre-apply, your IPO order will be placed on the Exchange as soon as the official bidding for TBI Corn Ltd IPO begins. You will receive a UPI request within 24 hours after the bidding period opens.
