Chamunda Electricals offers specialized services for operations & maintenance of substations upto 66 Kilovolt, and testing & commissionin of substations upto 220 Kilovolt. It also has a solar power generation park of 1.5 MW capacity.
Business Verticals
- Operation, maintenance, testing & commissioning of electrical substations
- Solar power generation park in Gujarat with 1.5 MW capacity, it has signed a 25 year purchase power agreement with Uttar Gujarat Vij Company Ltd.
- EHV Class equipment’s erection: Erection in the context of Extra high voltage class equipment
Revenue bifurcation;
For Fiscal 2024, it garnered 96.38% revenue from operation, maintenance, testing & commissioning, 3.04% from solar power generation, and 0.58% from EHV class. The company undertakes most projects with government bodies. In fiscal 24, it generated 99.89% of revenue from the government.
Chamunda Electricals SME IPO Details
| IPO Opening Date | 4 Feb 2025 |
| IPO Closing Date | 6 Feb 2025 |
| Issue Price | ₹ 47 to 50 Per Share |
| Market Lot | 3000 Shares |
| 1 Lot Amount | ₹ 150000 |
| Small HNI Lot | ₹ 2 to10 Lakhs |
| Big HNI Lot | ₹ 10 + Lakhs |
| Issue Size | ₹ 14.60 Cr |
| Offer for sale | ₹ 14.60 Cr |
| Fresh Issue | ₹ 14.60 Cr |
| IPO Listing at | BSE/SME |
| Allotment Date | 7 Feb 2025 |
| Refund Initiation | 10 Feb 2025 |
| Credit Of Shares to Demat Account | 10 Feb 2025 |
| Listing Dates | 11 Feb 2025 |
| Allotment Status check at BSE | Click here |
| Allotment Status check at NSE | Click here |