Chamunda Electrical Ltd. IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| QIB | — | 1,374,000 (47%) | — | ₹687 Cr |
| NII (HNI) | — | 414,000 (14%) | — | ₹207 Cr |
| Retail | — | 966,000 (33%) | — | ₹483 Cr |
| Market Maker | — | 165,000 (6%) | — | ₹8 Cr |
| Σ Total | — | 2,919,000 (100%) | — | ₹14,595 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 3,000 | ₹150,000 |
| Retail (Max) | 13 | 39,000 | ₹1,950,000 |
| S-HNI (Min) | 14 | 42,000 | ₹2,100,000 |
| B-HNI (Min) | 67 | 201,000 | ₹10,050,000 |
Financial Statements Amount in ₹ Crores
| Metric | 31 Dec 2024 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Revenue | 18 | 20 | 14 |
| Profit After Tax | 3 | 2 | 0 |
| Net Worth | 11 | 6 | 3 |
| Total Assets | 18 | 12 | 9 |
| Reserves & Surplus | 3 | 4 | 1 |
| Total Borrowing | 3 | 5 | 4 |
Valuation & Key Ratios
Grey Market Premium (GMP)
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects of the Issue
- 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. –
Company Overview
Founded in June 2013, Chamunda Electricals Limited specializes in operating and maintaining up to 66 KV substations, testing and commissioning for up to 220 KV substations, and 1.5 MW solar power generation. The company's services include erecting EHV class equipment, structures, earthing, control cable works, and other associated tasks for up to 220 KV (D Class) substations.
The company has a team of more than 600 engineers, supervisors and other supporting staff well-equipped to handle complex projects with a high degree of accuracy.
The company's business can be divided into the following categories
- Operation, Maintenance, Testing & Commissioning of Electrical Sub-stations
- Set up a solar power generation park
- Installation and commissioning of electrical equipment designed to operate at voltages typically up to 220 kV
As on December 31, 2024, the company had 637 full-time employees.
Competitive Strength
- Decade long years of industry experience with strong execution capabilities
- Strong Promoters and Board of Directors supported by an experienced senior management team
- Advanced Equipment & Skilled Workforce for Precision
- Scalable Business Model with a strong work order book