| IPO Listing At | NSE SME |
| SME IPO Issue Type | Book Build Issue |
| Total Issue Size | ₹14.60 Cr |
| Reserved for Market Maker | ₹0.00 Cr |
| Net Issue Size | ₹14.60 Cr |
| Fresh Issue | ₹13.77 Cr |
| Face Value | โน10 Per Equity Share |
| Price Band | โน47.00-50.00 per share |
| Discount | Retail: 0.00 |
| NSE Code | CHAMUNDA |
| Registrar | Kfin Technologies Ltd. |
| Lead Managers | GYR Capital Advisors Pvt.Ltd. |
Disclaimer: GMP is sourced from grey market dealers and is indicative only. Always conduct your own due diligence.
Minimum bid: 3,000 shares and in multiples thereof
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
As on December 31, 2024, the company had 637 full-time employees.
Competitive Strength
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (โน 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 |
| 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 | ||||
| KPI | Mar 31, 2024 |
|---|---|
| ROE | 52.43% |
| ROCE | 36.82% |
| Debt / Equity | 0.78% |
| RoNW | 41.54% |
| PAT Margin | 12.21% |
| Price to Book Value | 10.59 |
| Metric | Pre IPO | Post IPO |
|---|---|---|
| EPS (โน) | 3.01 | 3.41 |
| P/E (x) | 16.59 | 14.66 |
| Promoter Holding | 97.46% | 71.61% |
| Market Cap | โน55.02 Cr. | |