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Open
4 Feb 2025
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Close
6 Feb 2025
3
Allotment
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Listing
Tue, Feb 11, 2025
Price Band
₹47 to ₹50
Issue Size
29,19,000 shares (agg. up to ₹15 Cr)
Lot Size
3,000 Shares
Listing Date
Tue, Feb 11, 2025
Latest GMP
₹20
Est. Gain
40%
✦ AI Insight
GMP Trend
11-02-2025₹20Est. ₹70+40%
10-02-2025₹20Est. ₹70+40%
09-02-2025₹20Est. ₹70+40%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 512.83x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Dec 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|---|
| Assets | 18.06 | 12.13 | 8.71 | 8.74 |
| Total Income | 18.43 | 20.07 | 14.01 | 11.32 |
| Profit After Tax | 2.81 | 2.44 | 0.31 | -0.51 |
| NET Worth | 10.93 | 5.86 | 3.43 | 3.12 |
| Reserves and Surplus | 2.84 | 3.86 | 1.43 | 1.12 |
| Total Borrowing | 2.92 | 4.61 | 3.69 | 4.65 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| EMA Partners India Ltd. | SME | ₹76.01 Cr | ₹124 | 15.56 | ₹148.70 | +19.92% | ₹83.00 (-0.48%) |
| Supreme Facility Management Ltd. | SME | ₹50.00 Cr | ₹76 | 18.7 | ₹71.25 | -6.25% | ₹23.50 (+0.00%) |
| Mangal Compusolution Ltd. | SME | ₹16.23 Cr | ₹45 | 11.66 | ₹42.75 | -5.00% | ₹45.03 (-2.11%) |
| Vision Infra Equipment Solutions Ltd. | SME | ₹106.21 Cr | ₹163 | 30.69 | ₹215.25 | +32.06% | ₹315.85 (+2.38%) |
| Positron Energy Ltd. | SME | ₹51.21 Cr | ₹250 | 15.79 | ₹498.75 | +99.50% | ₹187.95 (+1.70%) |
| Diensten Tech Ltd. | SME | ₹22.08 Cr | ₹100 | 344.83 | ₹252.00 | +152.00% | ₹127.00 (+3.76%) |
| Falcon Technoprojects India Ltd. | SME | ₹13.69 Cr | ₹92 | 34.25 | ₹88.20 | -4.13% | ₹11.05 (-6.36%) |
| Rulka Electricals Ltd. | SME | ₹26.40 Cr | ₹235 | 28.62 | ₹498.75 | +112.23% | ₹113.00 (+4.24%) |
| Blue Pebble Ltd. | SME | ₹18.14 Cr | ₹168 | 25.16 | ₹208.95 | +24.37% | ₹71.00 (-1.39%) |
| International Gemmological Institute (India) Ltd. | Mainboard | ₹4,225.00 Cr | ₹417 | 50.98 | ₹471.15 | +12.99% | ₹350.45 (-0.79%) |
| Awfis Space Solutions Ltd. | Mainboard | ₹598.93 Cr | ₹383 | null | ₹421.75 | +10.12% | ₹291.25 (-0.60%) |
| Krystal Integrated Services Ltd. | Mainboard | ₹300.12 Cr | ₹715 | 21.45 | ₹712.85 | -0.30% | ₹600.25 (+0.00%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Capital Expenditure (Purchase of New Testing Kit and Equipments) | 1.21 |
| 2 | Working Capital | 5.50 |
| 3 | Repayment of Term Loans and Cash Credit | 2.85 |
| 4 | General Corporate Purposes | 3.58 |
| 5 | Issue Expenses | 1.46 |
| Total | 14.60 |
About Chamunda Electrical IPO
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 + Read
Contact Details
Chamunda Electrical Ltd. AddressShop No.113, 114Sakar Building Opp.Petrol PumpNear Railway FatakPalanpur, Gujarat, 385001+91 99789 12471info@chamundaconst.comVisit Website