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Chamunda Electricals IPO is a book-built issue worth ₹14.60 crores, consisting entirely of a fresh issue of 29.19 lakh shares.
The IPO opens for subscription on February 4, 2025, and closes on February 6, 2025. Allotment finalization is expected on February 7, 2025 (Friday), with a tentative listing date set for February 11, 2025 (Tuesday) on NSE SME.
The IPO price band is ₹47 to ₹50 per share. The minimum lot size is 3,000 shares, requiring retail investors to invest at least ₹1,50,000. HNI investors must apply for at least 2 lots (6,000 shares), totalling ₹3,00,000.
For detailed insights, real-time updates on IPO GMP, and information on IPO subscription status and allotment, investors can refer to reliable sources like IPO Watch, IPO Allotment BSE, or the Chamunda Electricals IPO Red Herring Prospectus (RHP). Staying updated on these aspects is crucial for maximizing investment potential in this IPO.
| IPO Date | February 4, 2025 to February 6, 2025 |
| Listing Date | February 11, 2025 |
| 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 | Share Holding Pre-Issue |
| 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 |
| 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 |
| 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 |
| Period Ended | 31 Dec 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
| Assets | 18.06 | 12.13 | 8.71 | 8.74 |
| Revenue | 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 |
Maximizing Opportunities with Chamunda Electricals IPO
The Chamunda Electricals IPO offers investors a chance to participate in a ₹14.60 crore fresh issue, with a price band of ₹47 to ₹50 per share. With the IPO opening on February 4, 2025, and listing on February 11, 2025, staying informed about subscription status, allotment, and GMP trends is crucial. Investors should refer to trusted sources like IPO Watch, IPO Allotment BSE, and the RHP to make well-informed investment decisions.
