Chamunda Electricals Limited IPO Full Details With GMP
Chamunda Electricals IPO is a book-built issue of Rs 14.60 crores. The issue is entirely a fresh issue of 29.19 lakh shares.
Chamunda Electricals IPO opens for subscription on February 4, 2025, and closes on February 6, 2025. The allotment for the Chamunda Electricals IPO is expected to be finalized on Friday, February 7, 2025. Chamunda Electricals IPO will list on NSE SME with tentative listing date fixed as Tuesday, February 11, 2025.
Chamunda Electricals IPO price band is set at ₹47 to ₹50 per share. issue of Rs 14.60 crores.
GYR Capital Advisors Private Limited is the book running lead manager of the Chamunda Electricals IPO, while Kin Technologies Limited is the registrar for the issue. The market maker for Chamunda Electricals IPO is Winanses Financial Services Private Limited.
Chamunda Electricals IPO Lot Size
Investors can bid for a minimum of 3000 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.
Application Lots Shares Amount
Retail (Min) 1 3000 ₹1,50,000
Retail (Max) 1 3000 ₹1,50,000
HNI (Min) 2 6,000 ₹3,00,000
Lot Size Calculator
Chamunda Electricals IPO Promoter Holding
The Promoters of the company are Mr. Chirag Kumar Natvarlal Patel, Mr. Natvar Bhai K Rathod and Mrs. Purni Kaben C Patel.
Share Holding Pre-Issue 97.46%
Share Holding Post Issue
Key Performance Indicator
The market capitalization of Chamunda Electricals IPO is Rs 55.02 Cr.
KPI Values
ROE 52.43%
ROCE 36.82%
Debt/Equity 0.78
Ro NW 41.54%
PAT Margin 12.21
Price to Book Value 10.59
Refer to Chamunda Electricals IPO RHP for detailed information.
Chamunda Electricals IPO Details
IPO Date February 4, 2025, to February 6, 2025
Listing Date [11 feb]
Face Value ₹10 per share
Price Band ₹47 to ₹50 per share
Lot Size 3,000 Shares
Total Issue Size 29,19,000 shares
(aggregating up to ₹14.60 Cr)
Fresh Issue 29,19,000 shares
(aggregating up to ₹ 14.60 Cr)
Issue Type Book Built Issue IPO
Listing At NSE SME
Share Holding Pre-Issue 80,85,594 shares
Share Holding Post Issue 1,10,04,594 shares
Market Maker Portion 1,65,000 shares
Winanses Financial Services Private Limited Chamunda Electricals IPO Timeline (Tentative Schedule)
Chamunda Electricals IPO opens on February 4, 2025, and closes on February 6, 2025.
IPO Open Date Tuesday, February 4, 2025
IPO Close Date Thursday, February 6, 2025
Basis of Allotment Friday, February 7, 2025
Initiation of Refunds Monday, February 10, 2025
Credit of Shares to Demat Monday, February 10, 2025
Listing Date Tuesday, February 11, 2025
Cut-off time for UPI mandate confirmation 5 PM on February 6, 2025
Chamunda Electricals IPO Reservation
Investor Category Shares Offered
QIB Shares Offered Not more than 50% of the Offer
Retail Shares Offered Not less than 35.00% of the Net Issue
NII (HNI) Shares Offered Not Less than 15% of the Net Issue
The Pre IPO EPS is calculated based on Pre issue shareholding as on date of RHP and the latest FY earnings as of March 31, 2024, that is available in RHP.
The Post Issue EPS is calculated based on the Post issue shareholding and annualized FY earnings of December 31, 2024, that is available in RHP.
Latest IPO GMP
Investor Gain is an affiliate of Chittorgarh.com. Check the live GMP status of all upcoming and closed IPOs (issue closed but not yet listed) on the IPO GMP Dashboard. We at InvestorGain.com regularly update IPO GMP performance. You can track and compare IPO GMP and its listing price.
Chamunda Electricals SME IPO last GMP is ₹11, last updated Feb 1st, 2025, 12:27 PM. With the price band of 50.00, Chamunda Electricals SME IPO’s estimated listing price is ₹61 (cap price + today’s GMP).The expected percentage gain/loss per share is 22.00%.
Read also https://newipo.info/why-i-never-get-ipo-allotment/
Objects of the Issue (Chamunda Electricals IPO Objectives)
The objects of the Issue are: –
To meet the Capital Expenditure for Purchase of New Testing Kit and Equipment’s.
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.
Read Also https://newipo.info/ipo-spotlight-market-trends-new-listing-information-by-ipo-watch/
