Submit

Chamunda Electricals Limited IPO

Chamunda Electricals Limited

Issue Open

Feb 04, 2025

Price Band

₹ 47 to ₹ 50 per share

Issue Size

14.60 Cr

Credit of Shares to Demat

Feb 08, 2025

Issue Close

Feb 06, 2025

Bid Lot

Listing Exchange

NSE SME

Cut off time for UPI Mandate Confirmation

Feb 06, 2025 05:00 PM

Issue Type

Book build offer

Minimum Order Quantity

Allotment Details

Feb 07, 2025

Face Value

Rs 10/- per share

Listing On

Feb 11, 2025

Refunds

Feb 08, 2025

About the company:

Chamunda Electricals Limited offers specialized services for the operation, maintenance, testing, and commissioning of electrical substations up to 220 kV, as well as solar power generation. The company has significant experience with Extra High Voltage (EHV) class equipment erection, ensuring safe and efficient power transmission and distribution.

The company's main service offerings are:

          1. Substation operation and maintenance include managing substations up to 66 kV as well as testing and commissioning substations up to 220 kV to ensure reliability.

          2. Solar Power Generation - Running a 1.5 MW solar power generation park in Gujarat under a 25-year Power Purchase Agreement with Uttar Gujarat Vij Company Limited (UGVCL).

          3. EHV Equipment Erection entails installing and commissioning critical electrical infrastructure for power transmission networks.

      Chamunda Electricals Limited, which focuses on customer satisfaction and innovation, is well-positioned to capitalize on India's growing renewable energy market.

      FAQ’s

      Can I trade an IPO through a Discount Broker?

      What are the benefit of buying & selling IPOs through a discount broker?

      How is it possible to trade an IPO through a discount broker when SEBI has made mandatory to buy an IPO through ASBA?

      How can I buy and sell IPO through a discount broker?

      What documents are required to open an account with Samco?