Chamunda Electricals SME: Check IPO Date, Live Subscription and Key Details
Chamunda Electricals Limited, established in June 2013, specializes in operating and maintaining 66 KV substations and handling testing and commissioning of up to 220 KV substations, along with 1.5 MW solar power generation. Its services include setting up EHV class equipment, structures, earthing, control cable works, and other substation activities up to 220 KV D Class. With a team of over 600 engineers, supervisors, and support staff, the company efficiently manages complex projects with high precision.
Price Range
₹47.0 - ₹50.0
Issue Size
₹14.6 Cr
Lot Size
3,000 shares
IPO Type
NSE SME
GMP
₹20(+40.00%)
Est. Listing Price
₹70
Estimate Profit
₹1,20,000
Retail Portion
-
Key Metrics
Check Live GMPGMPFace Value
₹10
EPS
3.41
P/E Ratio
14.66
RoNW
41.54%
ROE
36.82%
Debt to Equity
0.78
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Timeline
IPO Opens
4 Feb
IPO Closes
6 Feb
Allotment
7 Feb
Listing
11 Feb
IPO Timeline & Listing Details
| Event | Date | Details |
|---|---|---|
| IPO Open Date | 4 February 2025 | Subscription starts |
| IPO Close Date | 6 February 2025 | Subscription ends |
| Allotment Date | 7 February 2025 | Allotment |
| Listing Date | 11 February 2025 | Listing |
Investment Categories
| Category | Lots | Amount |
|---|---|---|
Individual | 2 | ₹3,00,000 |
SHNI (Min) | 3 | ₹4,50,000 |
SHNI (Max) | 6 | ₹9,00,000 |
BHNIAbove ₹10,00,000 | 7 | ₹10,50,000 |
IPO Objectives
- To meet the Capital Expenditure for Purchase of New Testing Kit and Equipments
- Funding the working capital requirements of the company
- Repayment of Term Loans and Cash Credit
- To meet General Corporate Purposes
- To meet out the Issue Expenses.
Strengths
- Over a decade of experience providing expertise in electrical substation services.
- A skilled team of 600+ employees ensures smooth project execution.
- Proven ability to complete complex projects with precision.
- Scalable business model backed by a strong order book.
- Uses advanced equipment and the latest technology for high-quality services.
Weaknesses
- Limited presence outside key regions may reduce market reach.
- Dependence on specific industries increases exposure to sector risks.
- High operational costs due to advanced technology and skilled workforce.
- Revenue relies heavily on a few large projects.
- Limited diversification beyond electrical substations and solar power generation.
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Financial Performance
| Period Ended | 31 Dec 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|---|
| Assets (₹ Cr.) | 18.06 | 12.13 | 8.71 | 8.74 |
| Revenue (₹ Cr.) | 18.43 | 20.07 | 14.01 | 11.32 |
| PAT (₹ Cr.) | 2.81 | 2.44 | 0.31 | -0.51 |
| Net Worth (₹ Cr.) | 10.93 | 5.86 | 3.43 | 3.12 |
Peer Comparison
| Company | P/B Ratio | P/E Ratio | RONW (%) | Net Worth (₹ Cr.) |
|---|
Subscription Details
Daily Bids Status
| Category | Day 1 | Day 2 | Day 3 |
|---|---|---|---|
| QIB | 6.02x | 8.58x | 155.85x |
| NII | 7.91x | 40.63x | 1,943.07x |
| RII | 26.57x | 69.88x | 554.09x |
| Total | 16.7x | 46.09x | 737.95x |
Overall Subscription Statistics
| Category | Shares Offered | Shares Bid | Bid Amount (₹ Cr) |
|---|---|---|---|
| QIB | 5,52,000 | 8,60,28,000 | 430.14 |
| NII | 4,14,000 | 80,44,32,000 | 4,022.16 |
| RII | 9,66,000 | 53,52,54,000 | 2,676.27 |
| Total | 19,32,000 | 1,42,57,14,000 | 7,128.57 |
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Company Details
- Chamunda Electricals Limited
- Shop No.113,114, Sakar Building Opp. Petrol Pump Near Railway Fatak, Palanpur-385001
- +91 99789 12471
- info@chamundaconst.com
- https://www.chamundaconst.com/
Registrar Details
- Kfin Technologies Limited
- 04067162222, 04079611000
- cel.ipo@kfintech.com
- https://kosmic.kfintech.com/ipostatus/
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