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Chamunda Electrical IPO is a book build IPO listing on NSE EMERGE exchange. The company is based in Ahmedabad and caters to Power And Energy sector. GYR Capital Advisors Private is the merchant banker of Chamunda Electrical IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 26th September 2024.
Chamunda Electrical IPO open date is 4th February 2025 and close date is 6th February 2025. IPO Allotment Date is 7th February 2025 and Listing date is 11th February 2025.Chamunda Electrical IPO size is Rs 14.60 Cr. crores with IPO price of Rs 50.00 Cr.. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.
GYR Capital Advisors Private Limited is the book-running lead manager of the Chamunda Electrical IPO. Kfin Technologies Limited is the Registrar and Market Maker is Wiinance Financial Services for Chamunda Electrical IPO.
Chamunda Electrical IPO anchor investors are the below investors. The number of anchor investors in this IPO is 3.
| Anchor Investor Name | No. of shares Allotted | Offer Price (in Rs.) | Amount Invested (in Rs.) |
|---|---|---|---|
| Paradise Moon Investment | 201,000.00 | ₹50.00 | ₹10,050,000.00 |
| SMC India Opportunities | 219,000.00 | ₹50.00 | ₹10,950,000.00 |
| Vikasa India EIF | 402,000.00 | ₹50.00 | ₹20,100,000.00 |
Chamunda Electrical IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
Chamunda Electrical IPO, based in Ahmedabad, operates in the Power And Energy sector with a focus on specialized services of O & M and testing of sub-stations and solar power generation park.. The company is launching its SME IPO on the NSE EMERGE exchange, using the Book Building Issue method. Chamunda Electrical IPO size is ₹ 14.60 Cr. Crores with fresh issue size of Rs 14.60 Cr. Crores and Offer for sale being Nil.
The IPO allotment date for Chamunda Electrical IPO is expected to be 7th February 2025, after the finalization of basis of allotment. Investors can check Chamunda Electrical IPO allotment status on the registrars website, Kfin Technologies Limited. Chamunda Electrical IPO refund dates are 10th February 2025.
Chamunda Electrical IPO is expected to be listed on 11th February 2025.
The upper price band for the Chamunda Electrical IPO is set at ₹ 50.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.
For IPO analysis on Chamunda Electrical IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.
To apply for the Chamunda Electrical IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 6th February 2025. After submission, funds are blocked until the basis of allotment of Chamunda Electrical IPO is finalised.
The merchant banker for Chamunda Electrical IPO is GYR Capital Advisors Private Limited . GYR Capital Advisors Private Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Chamunda Electrical IPO RHP for further details.
The registrar for Chamunda Electrical IPO is Kfin Technologies Limited. Investors can go to Kfin Technologies Limited registrar website for IPO allotment status, refund processing, and other queries related to Chamunda Electrical IPO through their official website or helpline.
Chamunda Electrical IPO was subscribed 737.97 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
IPO
Size:
₹ 14.60 Cr.
Avg IPO Size (Sector Based)
:
₹ 33.61 Cr.
Sector: Power And Energy
SME IPO so far:
8
Merchant Banker:
GYR Capital
SME IPO by BRLM so far:
47
City:
Ahmedabad
SME IPO so far:
174
Revenue (annualised):
₹ 24.39 cr.
PE
Ratio:
14.66x
Average Sector PE Ratio: 17.25x
Chamunda Electrical IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Chamunda Electrical Financial Review Page
Merchant Banker(s) of Chamunda Electrical IPO: GYR Capital Advisors Private Limited
Chamunda Electrical IPO subscription was 737.97 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.
Chamunda Electrical IPO listed at a listing price of 70.00 against the offer price of 50.00.
The current market price of Chamunda Electrical is 44.60.
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