Chamunda Electricals IPO
Live Updates, GMP, Subscription Data, and Financial Details
IPO Overview
Listed
Dates
Feb 04 to Feb 06 2025
Price Band
₹47 - 50
Current GMP
₹70(40.00%)
Subscription
737.95 times
IPO Details
| IPO Date | February 4, 2025 to February 6, 2025 |
| Listing Date | Tuesday, February 11, 2025 |
| Face Value | ₹10 per share |
| Price Band | ₹47 to ₹50 per share |
| Lot Size | 3,000 Shares |
| Total Issue Size | 29,19,000 shares (aggregating up to ₹14.60 Cr) |
| Fresh Issue | 29,19,000 shares (aggregating up to ₹ 14.60 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | NSE SME |
| Share Holding Pre Issue | 80,85,594 shares |
| Share Holding Post Issue | 1,10,04,594 shares |
| Market Maker Portion | 1,65,000 sharesWiinance Financial Services Private Limited |
IPO Date
February 4, 2025 to February 6, 2025
Listing Date
Tuesday, February 11, 2025
Face Value
₹10 per share
Price Band
₹47 to ₹50 per share
Lot Size
3,000 Shares
Total Issue Size
29,19,000 shares (aggregating up to ₹14.60 Cr)
Fresh Issue
29,19,000 shares (aggregating up to ₹ 14.60 Cr)
Issue Type
Book Built Issue IPO
Listing At
NSE SME
Share Holding Pre Issue
80,85,594 shares
Share Holding Post Issue
1,10,04,594 shares
Market Maker Portion
1,65,000 sharesWiinance Financial Services Private Limited
IPO Subscription Details
| Anchor Investors | 1 |
| Market Maker | 1 |
| Qualified Institutions | 155.85 |
| Non-Institutional Buyers*** | 1,943.07 |
| Retail Investors | 554.09 |
| Total ** | 737.95 |
Anchor Investors
1
Market Maker
1
Qualified Institutions
155.85
Non-Institutional Buyers***
1,943.07
Retail Investors
554.09
Total **
737.95
Day Wise Sub
| Day | QIB | NII* | Retail | Total |
|---|---|---|---|---|
| Day 1 Feb 4, 2025 | 6.02 | 7.91 | 26.57 | 16.7 |
| Day 2 Feb 5, 2025 | 8.58 | 40.63 | 69.88 | 46.09 |
| Day 3 Feb 6, 2025 | 155.85 | 1,943.07 | 554.09 | 737.95 |
DayDay 1
Feb 4, 2025
QIB6.02
NII*7.91
Retail26.57
Total16.7
DayDay 2
Feb 5, 2025
QIB8.58
NII*40.63
Retail69.88
Total46.09
DayDay 3
Feb 6, 2025
QIB155.85
NII*1,943.07
Retail554.09
Total737.95
Day Wise GMP
| Date | Price | GMP | Estimate List Price |
|---|---|---|---|
| 11-02-2025 | 50.00 | 20(40.00%) | 70 |
| 10-02-2025 | 50.00 | 20(40.00%) | 70 |
| 09-02-2025 | 50.00 | 20(40.00%) | 70 |
| 08-02-2025 | 50.00 | 20(40.00%) | 70 |
| 07-02-2025 | 50.00 | 15(30.00%) | 65 |
| 06-02-2025 | 50.00 | 27(54.00%) | 77 |
| 05-02-2025 | 50.00 | 15(30.00%) | 65 |
| 04-02-2025 | 50.00 | 13(26.00%) | 63 |
| 03-02-2025 | 50.00 | 11(22.00%) | 61 |
| 02-02-2025 | 50.00 | 11(22.00%) | 61 |
| 01-02-2025 | 50.00 | 11(22.00%) | 61 |
| 31-01-2025 | 50.00 | 11(22.00%) | 61 |
| 30-01-2025 | 50.00 | 11(22.00%) | 61 |
| 29-01-2025 | 50.00 | 0(0.00%) | (0.00%) |
Date11-02-2025
Price50.00
GMP20(40.00%)
Estimate List Price70
Date10-02-2025
Price50.00
GMP20(40.00%)
Estimate List Price70
Date09-02-2025
Price50.00
GMP20(40.00%)
Estimate List Price70
Date08-02-2025
Price50.00
GMP20(40.00%)
Estimate List Price70
Date07-02-2025
Price50.00
GMP15(30.00%)
Estimate List Price65
Date06-02-2025
Price50.00
GMP27(54.00%)
Estimate List Price77
Date05-02-2025
Price50.00
GMP15(30.00%)
Estimate List Price65
Date04-02-2025
Price50.00
GMP13(26.00%)
Estimate List Price63
Date03-02-2025
Price50.00
GMP11(22.00%)
Estimate List Price61
Date02-02-2025
Price50.00
GMP11(22.00%)
Estimate List Price61
Date01-02-2025
Price50.00
GMP11(22.00%)
Estimate List Price61
Date31-01-2025
Price50.00
GMP11(22.00%)
Estimate List Price61
Date30-01-2025
Price50.00
GMP11(22.00%)
Estimate List Price61
Date29-01-2025
Price50.00
GMP0(0.00%)
Estimate List Price(0.00%)
IPO Important Dates
| IPO Open Date | Tuesday, February 4, 2025 |
| IPO Close 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 |
IPO Open Date
Tuesday, February 4, 2025
IPO Close 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
IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 3000 | ₹1,50,000 |
| Retail (Max) | 1 | 3000 | ₹1,50,000 |
| HNI (Min) | 2 | 6,000 | ₹3,00,000 |
ApplicationRetail (Min)
Lots1
Shares3000
Amount₹1,50,000
ApplicationRetail (Max)
Lots1
Shares3000
Amount₹1,50,000
ApplicationHNI (Min)
Lots2
Shares6,000
Amount₹3,00,000
Financial Information
| Period Ended | 31 Dec 2024 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Period Ended | 31 Dec 2024 | 31 Mar 2024 | 31 Mar 2023 |
| Assets | 18.06 | 12.13 | 8.71 |
| Revenue | 18.43 | 20.07 | 14.01 |
| Profit After Tax | 2.81 | 2.44 | 0.31 |
| Net Worth | 10.93 | 5.86 | 3.43 |
| Reserves and Surplus | 2.84 | 3.86 | 1.43 |
| Total Borrowing | 2.92 | 4.61 | 3.69 |
Period EndedPeriod Ended
31 Dec 202431 Dec 2024
31 Mar 202431 Mar 2024
31 Mar 202331 Mar 2023
Period EndedAssets
31 Dec 202418.06
31 Mar 202412.13
31 Mar 20238.71
Period EndedRevenue
31 Dec 202418.43
31 Mar 202420.07
31 Mar 202314.01
Period EndedProfit After Tax
31 Dec 20242.81
31 Mar 20242.44
31 Mar 20230.31
Period EndedNet Worth
31 Dec 202410.93
31 Mar 20245.86
31 Mar 20233.43
Period EndedReserves and Surplus
31 Dec 20242.84
31 Mar 20243.86
31 Mar 20231.43
Period EndedTotal Borrowing
31 Dec 20242.92
31 Mar 20244.61
31 Mar 20233.69
IPO Reservation
| Anchor Investor Shares Offered | 8,22,000 (28.16%) |
| Market Maker Shares Offered | 1,65,000 (5.65%) |
| QIB Shares Offered | 5,52,000 (18.91%) |
| NII (HNI) Shares Offered | 4,14,000 (14.18%) |
| Retail Shares Offered | 9,66,000 (33.09%) |
| Total Shares Offered | 29,19,000 (100%) |
Anchor Investor Shares Offered
8,22,000 (28.16%)
Market Maker Shares Offered
1,65,000 (5.65%)
QIB Shares Offered
5,52,000 (18.91%)
NII (HNI) Shares Offered
4,14,000 (14.18%)
Retail Shares Offered
9,66,000 (33.09%)
Total Shares Offered
29,19,000 (100%)
Information about company
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
Objectives of IPO
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.
Disclaimer
All matter published here is purely for educational and information purposes only and under no circumstances should be used for making investment decisions.
We are not a SEBI Registered analyst. Readers must consult a qualified financial advisor prior to making any actual investment decisions, based on Information published on this application.
No financial information whatsoever published anywhere, within this application, should be considered as advice to buy or sell securities or invest in IPOs, or as a guide to doing so in any way whatsoever
Please read all Tearms and conditions , and agree to use the App