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Chamunda Electricals Limited SME IPO
Issue Size (Net)
up to Rs.14.60 Cr
Price Band
Rs.47 to Rs.50 per share
Issue Opens
February 4, 2025
Issue Closes
February 6, 2025

Company Highlights

1.Company Information

Chamunda Electrical Limited, formerly known as Chamunda Electrical Private Limited, is engaged in providing specialised services in the power sector. The company's operations include:
1) Operation and maintenance of substations up to 66 KV
2) Testing and commissioning of electrical substations up to 220 KV
3) Erection of EHV class equipment, structures, and earthing, control cable works and associated works for substations up to 220 KV
4) Solar power generation park of 1.5 MW capacity.
Key Clients
The company has built expertise in developing solutions and service offerings across these business areas. Chamunda Electrical's client base includes state government utilities and power utility companies, such as Gujarat Energy Transmission Corporation Limited (GETCO). The company aims to secure additional engagements from existing customers while seeking new clients.
Key Presence:
- The company's registered office is located in Palanpur, Gujarat, India.
- A branch office is located in Deesa, Gujarat.
- The company primarily operates in the state of Gujarat.
Manufacturing Capacity:
- Chamunda Electrical is primarily a service-based company and does not have manufacturing facilities.
- The company owns a fleet of testing equipment and machinery.

2. Strenghts

1) Industry Experience & Execution Capabilities
2) Experienced Leadership
3) Skilled Workforce
4) Scalable Business Model
5) Strong Financial Performance:

3. Objects of the Issue

The objects of the Issue are: -
- 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.

4.Chamunda Electricals Limited IPO Registrar
Kfin Technologies Limited

Phone: 04067162222, 04079611000
Email: cel.ipo@kfintech.com
Website: https://kosmic.kfintech.com/ipostatus/

Chamunda Electricals Limited IPO Financials

Period Ended
Total Assets
Total Revenue
Profit After Tax
Net Worth
Reserves and Surplus
Total Borrowing
31-Mar-24
12.13
20.07
2.46
5.89
3.89
4.61
31-Mar-23
8.71
14.01
0.31
3.43
1.43
3.69
31-Mar-22
8.74
11.32
-0.51
3.12
1.12
4.65
Amount in Rs. Lakhs

Chamunda Electricals Limited IPO Details

Issue Opening Date
February 4, 2025
Issue Closing Date
February 6, 2025
Face Value
Rs.10 per share
Price
Rs.47 to Rs.50 per share
Lot Size
3000 Shares
Issue Size
29,19,000 shares (aggregating up to Rs.14.60 Cr)
Fresh Issue
29,19,000 shares (aggregating up to Rs.14.60 Cr)
Issue Type
Book Built Issue IPO
Listing At
NSE SME

Chamunda Electricals Limited IPO Timeline

Event
Tentative Date
Opening Date
Tuesday, February 4, 2025
Closing Date
Thursday, February 6, 2025
Basis of Allotment
Friday, February 7, 2025
Initiation of Refunds
Monday, February 10, 2025
Credit of Shares to Demat
Monday, February 10, 2025
Listing Date
Tuesday, February 11, 2025
Cut-off time for UPI mandate confirmation
5 PM on February 6, 2025

Prospectus

Prospectus File

RR Investors Capital Services Pvt. Ltd AMFI-registered Mutual Fund Distributor

ARN-0032 Validity 14-Mar-2027

Head Office - 4th floor, Indraprakash Building 21, Barakhamba Road, New Delhi – 110001

callLandline Number
+91 11-4444-1111

Customer Care
+91 9350316010

Security
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