IPO Details

Chamunda Electrical Ltd
Registered Office: No. 113,114 Sakar Building, Op.Petrol Pump, Nr.R.Way Fatak, Palanpur - 385001, Gujarat
Phone: +91 99789 12471
Email: info@chamundaconst.com
Website: https://www.chamundaconst.com/
Initial public offer of upto 29,19,000 equity shares of face value of Rs.10/- each ("equity shares") of Chamunda Electrical Limited (the "Company" or "cel" or "issuer") at an issue price of Rs. 50 per equity share (including a share premium of Rs. 40 per equity share) for cash, aggregating up to Rs. 14.60 crores ("public issue") out of which 1,65,000 equity shares of face value of Rs. 10/- each, at an issue price of Rs. 50 per equity share for cash, aggregating Rs. 0.83 crores will be reserved for subscription by the market maker to the issue (the "market maker reservation portion"). the public issue less market maker reservation portion i.e. issue of 27,54,000 equity shares of face value of Rs. 10/- each, at an issue price of Rs. 50 per equity share for cash, aggregating up to Rs. 13.77 crores is hereinafter referred to as the "net issue". The public issue and net issue will constitute 26.53% and 25.03% respectively of the post-issue paid-up equity share capital of the company. Price Band: Rs. 50 per equity share of face value of Rs. 10 each. The Floor price is 5 times the face value of the equity shares respectively. Bids can be made for a minimum of 3000 equity shares and in multiple of 3000 equity shares thereafter.

Issue		Money Payable On
Opens On	Closes On	Application	Allotment
04-Feb-2025	06-Feb-2025	₹ 50.00	₹ 0.00

Projects
Capital expenditure (Purchase of New Testing Kit and Equipment's)
Working Capital
Repayment of term loans and cash credit
General corporate purposes

Promoted By
Chiragkumar Natvarlal Patel
Natvarbhai K Rathod
Purnikaben C Patel

Listing At
NSE - SME

Registrar to the Issue