Chamunda Electricals Limited

Company Profile
Company Name Chamunda Electricals Limited
Open Date 04-02-2025
Close Date 06-02-2025
Exchange NSE SME
Lot Size 3,000 Shares
Issue Price ₹47 to ₹50 per share
Issue Size 29,19,000 shares
Application Amount ₹1,50,000
Recommendation Avoid
Chamunda Electricals Limited was originally incorporated on Jun 25, 2013. The registered office is located at Gujarat, India. The company engaged in the business of providing specialized services of operation and maintenance, testing and commissioning of electrical substation and solar power generation park. The company derives majority of its revenue from O&M services. The company has 637 full-time employees as on Dec 31, 2024.
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Financial Summary in Lakhs

For the Period Ended Mar-22 Mar-23 Mar-24 Nov-24
Revenue 1,123.31 1,394.24 1,994.93 1,829.02
EBITDA 46.51 176.63 465.17 487.62
Net Profit -51.28 31.21 243.63 281.48
RoCE -6.64% 12.78% 45.40% 20.06%*
ROE -16.46% 9.10% 41.54% 14.16%*
P/E - 106.38 13.55 14.69*

Tentative Timeline

Opening Date 04-02-2025
Closing Date 06-02-2025
Basis of Allotment 07-02-2025
Initiation of Refunds 10-02-2025
Credit of Shares to Demat 10-02-2025
Listing Date 11-02-2025

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

Contact Information

Registered Office Chamunda Electricals Limited Shop No.113,114, Sakar Building Opp. Petrol Pump Near Railway Fatak, Palanpur-385001
Phone +91 99789 12471
Email info@chamundaconst.com
Website https://www.chamundaconst.com/

Registrar Details

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

IPO Reservation

QIB Shares Offered Not more than 50% of the Net Issue
Retail Shares Offered Not less than 35% of the Net Issue
NII (HNI) Shares Offered Not less than 15% of the Net Issue

Shareholding Pattern

Shareholding Pre Issue (Promoters) 97.46%
Shareholding Post Issue (Promoters) 71.61%

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