Chamunda Electrical Ltd. IPO — GMP, Details & Subscription

IPO Details

Open Date

04 Feb 2025

Close Date

06 Feb 2025

Allotment

07 Feb 2025

Listing Date

11 Feb 2025

Exchange

NSE SME

Price Band

₹50

Listing Price

See chart

Allotment Status

Check Now →

Price Band

₹50

Per share

Face Value

₹10 per share

Lot Size

3,000 Shares

per lot

Issue Size

29,19,000 shares (aggregating up to ₹14.60 Cr)

Total offering

Issue Type

Bookbuilding IPO

Min Investment

₹150,000

1 lot

Pre-IPO Holding

80,85,594 shares

Promoters

Post-IPO Holding

1,10,04,594 shares

Promoters

P/E (Pre)

16.59x

P/E (Post)

14.66x

EPS (Pre)

₹3.01

EPS (Post)

₹3.41

UPI Deadline

2025-02-06

Mandate

Anchor AllotmentMon, 03 Feb 2025

Basis of AllotmentFri, 07 Feb 2025

Refund InitiationMon, 10 Feb 2025

Demat CreditMon, 10 Feb 2025

Listing DayTue, 11 Feb 2025

UPI Mandate Deadline2025-02-06

Sale TypeFresh Capital

Net Offer to Public27,54,000 shares (aggregating up to ₹13.77 Cr)

Market Maker Quota1,65,000 shares (aggregating up to ₹0.8250 Cr)

QIB Quota50% of Net Issue

HNI / NII Quota15% of Net Issue

Retail Quota35% of Net Issue

Check AllotmentClick here →

Subscription Rate Final

Chamunda Electrical Ltd. IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 06 Feb 2025.

QIB

1.00x

Over

NII/HNI

1.00x

Over

Retail

1.00x

Over

Total

1.00x

Over

Category	Subscription	Shares Offered	% of Total	Amount (₹Cr)
Market Maker	Awaited	165,000	—	₹0.83
QIB	Over 1.00x	—	—	—
NII / HNI	Over 1.00x	—	—	—
Retail	Over 1.00x	—	—	—
Total	1.00x	2,919,000	100%	₹14.60

IPO Shares Offered

Chamunda Electrical Ltd. IPO total issue size: ₹14.60 Cr.

Category	Shares Offered	Amount (₹Cr)	Size (%)
Market Maker	165,000	₹0.83	5.65%
Total	2,919,000	₹14.60	100.00%

* Based on upper price band ₹50 per share

Lot Size & Investment

Lot Size

3,000

Shares per Lot

Issue Price

₹50.00

Upper Band

Min Investment

₹150,000

1 Lot

Application	Lots	Shares	Amount
Retail (Min — 2 Lots)	2	6,000	₹300,000
Retail (Max — 13 Lots)	13	39,000	₹1,950,000
S-HNI (Min — 14 Lots)	14	42,000	₹2,100,000
B-HNI (Min — 68 Lots)	68	204,000	₹10,200,000

* Issue Price ₹50 × Lot Size 3,000 shares

IPO Schedule

Anchor

03 Feb 2025

✓ Done

IPO Open

04 Feb 2025

✓ Done

IPO Close

06 Feb 2025

✓ Done

Allotment

07 Feb 2025

✓ Done

Refunds

10 Feb 2025

✓ Done

Demat Credit

10 Feb 2025

✓ Done

Listing Day

11 Feb 2025

✓ Done

₹50.00

INR · NSE

Fetching…

vs Issue Price

—

OPEN

—

HIGH

—

LOW

—

MKT CAP

—

P/E

—

52W HIGH

—

52W LOW

—

VOLUME

—

DIVIDEND

—

DIV YIELD

—

Loading…

Chart Not Available

Try again 2–3 days after listing.

Issue ₹50.00 Live Price

About Chamunda Electrical Ltd.

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 categoriesOperation, Maintenance, Testing & Commissioning of Electrical Sub-stationsSet up a solar power generation parkInstallation and commissioning of electrical equipment designed to operate at voltages typically up to 220 kVAs on December 31, 2024, the company had 637 full-time employees.Competitive StrengthDecade long years of industry experience with strong execution capabilitiesStrong Promoters and Board of Directors supported by an experienced senior management teamAdvanced Equipment & Skilled Workforce for PrecisionScalable Business Model with a strong work order book

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.

Chamunda Electrical Ltd. Financials (Amount in ₹ Crores)

Revenue from Operations

₹14.0

31 Mar 2023

₹20.1

31 Mar 2024

₹18.4

31 Dec 2024

Profit After Tax (PAT)

₹0.3

31 Mar 2023

₹2.4

31 Mar 2024

₹2.8

31 Dec 2024

Particulars	31 Dec 2024	31 Mar 2024	31 Mar 2023
Revenue from Operations	18.43	20.07	14.01
EBITDA	N/A	N/A	N/A
Profit After Tax (PAT)	2.81	2.44	0.31
Net Worth	10.93	5.86	3.43
Total Assets	18.06	12.13	8.71
Reserves & Surplus	2.84	3.86	1.43
Borrowings	2.92	4.61	3.69
EBITDA Margin (%)	N/A	—	—
PAT Margin (%)	12.21%	—	—

P/BV Ratio

10.59

RoE

52.43%

RoCE

36.82%

RoNW

41.54%

PAT Margin

12.21%

Debt/Equity

0.78

Issue Structure & Shareholding

Total Shares Offered29,19,000 (100.00%)

Net Offer to Public27,54,000 shares (aggregating up to ₹13.77 Cr)

Reserved for Market Maker1,65,000 shares (aggregating up to ₹0.8250 Cr)

Pre-Issue Promoter Holding80,85,594 shares

Post-Issue Promoter Holding1,10,04,594 shares

P/BV Ratio10.59

RoE52.43%

RoCE36.82%

Debt / Equity0.78

Script CodeN/A

Registrar & Lead Managers

IPO Registrar

Kfin Technologies Ltd.

04067162222, 04079611000

cel.ipo@kfintech.com

https://ipostatus.kfintech.com/

Check Allotment

Book Running Lead Managers

GYR Capital Advisors Pvt.Ltd

GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.

IPO Subscription FAQs

How much Chamunda Electrical Ltd. IPO subscribed? ▲

Chamunda Electrical Ltd. IPO is subscribed 1.00 times by Feb 06, 2025. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor Category	Subscription
Qualified Institutional (QIB)	1.00x
Non Institutional (NII/HNI)	1.00x
Retail Individual	1.00x
Total Subscription	1.00x

What is Chamunda Electrical Ltd. IPO retail subscription status? ▼

The Chamunda Electrical Ltd. IPO retail category is subscribed 1.00 times as of 06 Feb 2025. The retail portion is oversubscribed.

How to subscribe Chamunda Electrical Ltd. IPO? ▼

Subscribe via your broker app using ASBA or UPI. Opens 04 Feb 2025 and closes 06 Feb 2025. Min investment: ₹150,000 (1 lot = 3,000 shares). UPI mandate: 2025-02-06.

How many times Chamunda Electrical Ltd. IPO subscribed? ▼

The Chamunda Electrical Ltd. IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check Chamunda Electrical Ltd. IPO allotment? ▼

Check allotment on the registrar website (Kfin Technologies Ltd.) at https://ipostatus.kfintech.com/. Enter your PAN, application number or DP/Client ID. Allotment date: 07 Feb 2025. Refunds: on 10 Feb 2025.

When Chamunda Electrical Ltd. IPO will be listed? ▼

The Chamunda Electrical Ltd. IPO listing date is 11 Feb 2025, Tuesday. Listed on: NSE SME. Issue price: ₹50. Estimated listing: ₹50. GMP: NIL.

When Chamunda Electrical Ltd. IPO close? ▼

The Chamunda Electrical Ltd. IPO closes on 06 Feb 2025, Thursday. UPI mandate: 2025-02-06. Allotment: 07 Feb 2025. Listing: 11 Feb 2025.

Quick Actions

Check Allotment

Live Price LIVE

Last Price₹50.00

Change—

Issue Price₹50.00

vs Issue—

Quick Summary

StatusListed

Issue Price₹50

Face Value₹10

Lot Size3,000 Sh

Min. Amount₹150,000

GMPNIL

Est. Listing₹50

Subscribed1.00x

Open Date04 Feb 2025

Close Date06 Feb 2025

Allotment07 Feb 2025

Listing Date11 Feb 2025

ExchangeNSE SME

UPI Deadline2025-02-06