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Chamunda Electricals IPO
312.43xsubscribed

Chamunda Electricals IPO

Electric Equipment
listed
₹1.41LMin. investment

Chamunda Electricals Limited IPO Details

SectorElectric Equipment
Price range₹47.00 – ₹50.00
IPO type
SME
Lot size3000 shares
Issue size₹14Cr
Red Herring Prospectus
Read
Market cap
₹55.02CrLower than sector avg
RevenueApr 2023 - Mar 2024
₹19.94CrLower than sector avg
Growth rate3Y CAGR
21.10%

Chamunda Electricals IPO Subscription Status

Date
QIB
NII
Retail
Total
04-Feb-25
6.02 times (X)
0.0 times (X)
25.53 times (X)
14.48 times (X)
05-Feb-25
8.58X
0.0X
69.25X
37.07X
06-Feb-25
155.85X
0.0X
535.81X
312.43X

As on 04-Feb-25, 5:30 PM

Chamunda Electricals IPO Timeline

  1. Pre-apply
    3 Feb 2025
  2. Bid start
    4 Feb 2025
  3. Bid end
    6 Feb 2025
  4. Allotment
    7 Feb 2025
  5. Release of funds
    10 Feb 2025
  6. Demat transfer
    10 Feb 2025
  7. Listing
    11 Feb 2025

About Chamunda Electricals Limited

Chamunda Electricals Limited specializes in the operation, maintenance, testing, and commissioning of electrical substations and solar power parks. They focus on substations up to 66kV and offer services for those up to 220kV. The company also operates a 1.5 MW solar power park in Gujarat, contributing to India’s renewable energy goals. They emphasize safety, quality, and customer-centric solutions, fostering long-term relationships and innovation across the energy sector, ensuring reliable, efficient power transmission and distribution.

Checklist

Quality analysis
Revenue growth
Company valuation
Earnings expansion
Risk analysis
Debt to Equity ratio
Promoter holdings
Shares pledged
The investment checklist helps you understand a company's financial health at a glance and identify quality investment opportunities easily

Objectives of Chamunda Electricals Limited IPO

Working capital requirements
37.67%
The company will allocate ₹5.50 Cr for its own working capital needs.
Repayment of term loans and cash credit
19.52%
The company will use ₹2.85 Cr for the repayment of term loans and cash credit.
Capital expenditure
8.21%
The company will spend ₹1.20 Cr on new testing kits and equipment.
General corporate purposes
Not assigned
The company will use part of its net IPO proceeds for general corporate purposes.

Compare

CompanyRevenue*3Y growthPATMarket capP/E ratioD/E ratio
This IPO₹19.94Cr21.10%₹2.43Cr₹55.02Cr13.550.79
This sector (avg.)₹1,165.91Cr0%₹116.9Cr₹10,304.95Cr99.840.59
₹12,188.31Cr---₹1,874.61Cr₹1,18,213.1Cr66.900.01
₹17,364.2Cr---₹1,688.8Cr₹1,10,443.7Cr65.400.01
₹9,908.66Cr---₹972.98Cr₹91,981.6Cr81.420.01

*Revenue for financial year 2023-24. Lower P/E and D/E ratios are generally preferred.

Chamunda Electricals IPO Contact Details

Company NameChamunda Electricals Limited

How to apply for Chamunda Electricals IPO?

  1. Step 1

    Log in to your Upstox account to access IPO investments. Next, select the current IPO section.

  2. Step 2

    Specify IPO details. Enter the number of lots and the price you wish to apply for.

  3. Step 3

    Enter UPI ID. After entering your UPI ID, click submit. This will place your bid with the exchange.

  4. Step 4

    Mandate Notification. Your UPI app will receive a mandate notification to block funds.

  5. Step 5

    Approve Request. Your funds will be blocked once you approve the mandate request on your UPI.

Chamunda Electricals Limited IPO FAQs