Chamunda Electrical IPO opens on February 4, 2025, and closes on February 6, 2025. Chamunda Electrical IPO is a Book Built Issue. The company aims to raise ₹14.60 crores through the IPO, which includes a fresh issue of ₹14.60 crores and an offer for sale of equity shares with a face value of ₹10 each. Chamunda Electrical IPO price band is ₹47 to ₹50 per share. The retail quota is 35%, QIB is 50%, and HNI is 15%. Chamunda Electrical IPO will list on NSE on February 11, 2025. The allotment date for Chamunda Electrical IPO is February 7, 2025. The company reported a revenue of ₹20.07 crores in 2024 compared to ₹14.01 crores in 2023. The company reported a profit of ₹2.46 crores in 2024 compared to ₹0.31 crores in 2023. Based on the financial performance, investors are advised to apply for the IPO for the long term.
Chamunda Electrical IPO Details
Field
Value
ipo title
Chamunda Electricals NSE SME
status
Listed
gain percentage
40%
subscription
737.97x
price
50
gmp
20
est listing
70 (40%)
ipo size
₹14.60 Cr
Chamunda Electrical IPO Dates
Field
Value
lot
3,000
open
04-Feb
close
06-Feb
boa dt
07-Feb
listing
11-Feb
Chamunda Electrical IPO Financial Report
The company reported a revenue of ₹20.07 crores in 2024 compared to ₹14.01 crores in 2023. The company reported a profit of ₹2.46 crores in 2024 compared to ₹0.31 crores in 2023.
No Data Available
About Chamunda Electrical IPO
Chamunda Electrical Limited, established in June 2013, is a growing company offering specialized services in the operation and maintenance of substations up to 66 KV, testing and commissioning of electrical substations up to 220 KV, and solar power generation parks with 1.5 MW capacity. The company’s services include erecting EHV class equipment, structures, and earthing, control cable works, and other related tasks for substations. Chamunda Electrical has built strong client relationships through its innovative solutions and high-quality services. With a staff of 600 engineers, supervisors, and other support personnel, the company continues to provide excellent services in electrical projects. The company also operates in the solar power generation sector, offering services like installation and commissioning of electrical equipment. As of March 31, 2024, Chamunda Electrical generated ₹20.07 crores in revenue.
Chamunda Electrical IPO FAQs
What is Chamunda Electrical IPO?
Chamunda Electrical IPO is a Mainboard IPO. The company is raising ₹14.60 crores through the IPO, which is priced at ₹47 to ₹50 per equity share. The IPO will be listed on NSE.
When will Chamunda Electrical IPO open for subscription?
Chamunda Electrical IPO opens for subscription on February 4, 2025, and closes on February 6, 2025.
What is the investor portion for Chamunda Electrical IPO?
The portion for QIB investors is 50%, for NII is 15%, and for Retail is 35%.
How to apply for the Chamunda Electrical IPO?
You can apply for Chamunda Electrical IPO via ASBA online through your bank account or via UPI through your stock broker. Offline forms are also available through stock brokers.
What is the issue size of Chamunda Electrical IPO?
The issue size of Chamunda Electrical IPO is ₹14.60 crores.
What is the Chamunda Electrical IPO price band?
The price band for Chamunda Electrical IPO is ₹47 to ₹50 per equity share.
What is the Chamunda Electrical IPO lot size?
The minimum lot size for Chamunda Electrical IPO is 1600 shares, amounting to ₹1,20,000.
What is the Chamunda Electrical IPO allotment date?
The allotment date for Chamunda Electrical IPO is February 7, 2025.
What is the Chamunda Electrical IPO listing date?
Chamunda Electrical IPO will list on NSE on February 11, 2025.
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