Chamunda Electricals IPO

Chamunda Electricals IPO aims to raise Rs 14.60 Crores through this offering, with a fresh issue of 29,19,000 Equity Shares (Entirely Fresh Issue). The face value of the equity shares Rs 10 each, with a price band ranging from Rs 47 to Rs 50 per share. The minimum order quantity is 3000 shares, translating to a minimum investment of Rs 150000. Retail quota is not less then 35%, QIB is not more then 50% and HNI is not less then 15%.Chamunda Electricals IPO List on NSE on 11 January 2025

The book running lead manager for this IPO is GYR Capital Private Limited  ensuring a smooth and efficient process for all investors. Axis Bank Limited have been appointed as the sponsor bank, providing support for the IPO’s financial transactions. Additionally, the official registrar for the IPO is KFin Technologies Limited, offering reliable services for all share-related processes.

Chamunda Electricals IPO Key Dates

Chamunda Electricals IPO Open on 4 Feb 2025 and Close on 6 Feb 2025

IPO Open Date 4-Feb-2025
IPO Close Date 6-Feb-2025
Allotment 7-Feb-2025
Credit of Shares 10-Feb-2025
Listing Date 11-Feb-2025

Chamunda Electricals IPO Financial Informaiton

All the figures below are in Crores.

  31-Dec-2024 31-Mar-2024 31-Mar-2023 31-Mar-2022
Assets 18.06 12.13 8.70 8.74
Borrowing 2.92 4.60 3.68 4.64
Reserve & S. 2.84 3.86 1.42 1.11
Income 18.42 20.06 14.01 11.32
Expenses 14.45 16.62 13.59 12.01
PBT 3.97 3.44 4.21 (6.92)
PAT 2.81 2.43 3.12 (5.12)

Chamunda Electricals IPO Key Indicator

All the figures provided below are based on the financial statement as of march 31 2024.

(D) – Diluted

(Y) – Year on Year

EPS (D) 3.69
RoNW 41.54%
NAV 8.89
PAT Margin 12.21%
P/E (D) 16.59
ROE 52.43%
ROCE 36.82%
Debt/Equity 0.79
Revenue Growth (Y) 43.18%

Chamunda Electricals IPO Peer Comparison

Name Role
Mr. Chiragkumar Natvarlal Patel Chairman and Managing Director
Mr. Natvarbhai K Rathod Whole Time Director
Mrs. Purnikaben C Patel Non-Executive Director
Mr. Rameshkumar Devilal Chauhan Non-Executive Independent Director
Mr. Mansurkhan Ayazkhan Pathan Non-Executive Independent Director

Object of The issue

The Company proposes to utilize the funds which are being raised towards funding the following objects and
achieve the benefits of listing on the Emerge Platform of NSE.
The objects of the Issue are: –
1. To meet out the Capital Expenditure for Purchase of New Testing Kit and Equipment’s;
2. Funding the working capital requirements of the company;
3. Repayment of Term Loans and Cash Credit;
4. To meet out the General Corporate Purposes; and
5. To meet out the Issue Expenses.

Red Herring Prospectus Click.

Ratios / Basis of Issue Price Click.

BOOK RUNNING LEAD MANAGER

GYR Capital Advisors Private Limited
(Formerly known as Alpha Numero Services Private Limited)
428, Gala Empire, Near JB Tower,
Drive in Road, Thaltej,
Ahemdabad-380 054,
Gujarat, India.
Telephone: +91 +91 877 756 4648
Facsimile: N.A.
Email ID: info@gyrcapitaladvisors.com
Website: www.gyrcapitaladvisors.com
Investor Grievance ID: investors@gyrcapitaladvisors.com
Contact Person: Mr. Kaushik Khambhadiya
SEBI Registration Number: INM000012810

REGISTRAR TO THE ISSUE

KFIN TECHNOLOGIES LIMITED
(Formerly known as KFin Technologies Private Limited)
Selenium Tower-B, Plot 31 & 32, Gachibowli, Financial District, Nanakramguda, Serilingampally,
Hyderabad – 500 032, Telangana, India
Contact Person: Mr. M. Murali Krishna
Tel: +91 40 6716 2222
Fax: +91 40 2343 1551
Email: chamunda.ipo@kfintech.com
Investor grievance e-mail: einward.ris@kfintech.com
Website: www.kfintech.com
SEBI Registration No.: INR000000221

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