Issue Price
₹50
Per Share
GMP
NIL
Grey Market
Est. Listing
₹50
Expected Price
Min. Application
₹300,000
2 lots × 3000 shares
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
Chamunda Electrical Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
| Category | Shares Offered | % Issue | Amount (₹ Cr)* | Subscription |
|---|---|---|---|---|
| Market Maker | 165,000 | — | ₹0.83 Cr | — |
| TOTAL | 2,919,000 | 100.00% | ₹14.60 Cr | — |
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 3,000 | ₹150,000 |
| Retail (Max) | 13 | 39,000 | ₹1,950,000 |
| sNII (Min) | 14 | 42,000 | ₹2,100,000 |
| bNII (Min) | 68 | 204,000 | ₹10,200,000 |
| 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 |
| Total Borrowings | 2.92 | 4.61 | 3.69 |