Chamunda Electricals IPO
smelistedAbout the company
Chamunda Electricals Limited specializes in the operation, maintenance, testing, and commissioning of electrical substations and solar power parks. They focus on substations up to 66kV and offer services for those up to 220kV. The company also operates a 1.5 MW solar power park in Gujarat, contributing to India’s renewable energy goals. They emphasize safety, quality, and customer-centric solutions, fostering long-term relationships and innovation across the energy sector, ensuring reliable, efficient power transmission and distribution.
Strengths
Risks
Financial performance (₹ Cr)
Subscription breakup (final, times)
IPO Roadmap / Timeline
IPO Opens
Completed04 Feb 2025Bidding starts for all investor categories
IPO Closes
Completed06 Feb 2025Last day to place your bid
Basis of Allotment
Completed07 Feb 2025Share allotment finalised
Refund Initiation
Completed10 Feb 2025Refunds credited for non-allottees
Credit to Demat
Completed10 Feb 2025Allotted shares credited to demat account
Listing on Exchange
Completed11 Feb 2025Shares list on NSE / BSE
Post-close dates are indicative as per SEBI T+3 listing framework and may change per registrar updates.
Lot size & minimum investment
| Investor Type | Min Lots | Min Shares | Min Amount | Max Lots | Max Amount | Notes |
|---|---|---|---|---|---|---|
| Retail / Individual | 1 | 3000 | ₹150,000 | 1 | ₹150,000 | 1 lot only |
| HNI | 2 | 6000 | ₹300,000 | 2 | ₹300,000 | Min 2 lots |
Shares reserved per category & allotment probability
| Category | Reservation | Shares Offered | Amount (₹ Cr) | Shares Bid | Subscribed | Allotment % |
|---|---|---|---|---|---|---|
| QIB | 50% | 1,443,299 | 7 | 0 | 0.00x | 100% |
| NII | 15% | 432,990 | 2.1 | 0 | 0.00x | 100% |
| Retail | 35% | 1,010,309 | 4.9 | 0 | 0.00x | 100% |
Retail is a lottery-based allotment when oversubscribed; QIB/NII get pro-rata. Probability ≈ 1 / subscription times (100% if under-subscribed).
