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.
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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