Shop No.113,114, Sakar Building Opp. Petrol Pump
Near Railway Fatak,
Palanpur-385001
Phone: +91 99789 12471
Email: info@chamundaconst.com
Website: https://www.chamundaconst.com/
Last updated on 06-Feb-2025 18:07:02
| Category | Offered | Applied | Times |
|---|---|---|---|
| QIB | 552000 | 86028000 | 155.85 |
| NIB | 414000 | 804606000 | 1943.49 |
| RETAIL | 966000 | 535293000 | 554.13 |
| Total | 1932000 | 1425927000 | 738.06 |
| Application Wise Breakup | |
|---|---|
| Category | App. Received |
| QIB | 97 |
| NIB | 18389 |
| RETAIL | 178431 |
| Total | 196917 |
| Subscription Demand (in ₹ crore) | |||
|---|---|---|---|
| Category | Offered | Demand | Times |
| QIB | 2.76 | 430.14 | 155.85 |
| NIB | 2.07 | 4023.03 | 1943.49 |
| RETAIL | 4.83 | 2676.47 | 554.13 |
| Total | 9.66 | 7129.64 | 738.06 |
| QIB Interest Cost Per Share (7 Days) | |||||
|---|---|---|---|---|---|
| @7% ₹10.5 | @8% ₹12 | @9% ₹13.5 | @10% ₹14.9 | @11% ₹16.4 | @12% ₹17.9 |
| HNI Interest Cost Per Share (7 Days) | |||||
|---|---|---|---|---|---|
| @7% ₹130.5 | @8% ₹149.1 | @9% ₹167.7 | @10% ₹186.4 | @11% ₹205 | @12% ₹223.6 |
| Category | Lot(s) | Qty | Amount | Reserved |
|---|---|---|---|---|
| Retail | 1 | 3000 | 150000 | 322 |
| HNI | 2 | 6000 | 300000 | 138 |
IPO Reservation
| Investor Category | Shares Offered | No. of Shares |
|---|---|---|
| Retail | 33.09% | 966000 |
| NII (HNI) | 14.18% | 414000 |
| Anchor | 28.16% | 822000 |
| QIB | 18.91% | 552000 |
| Market Maker | 5.65% | 165000 |
| Total | 100.00% | 2919000 |
Chamunda Electricals IPO Details
| Issue Size | 29,19,000 shares (aggregating up to ₹14.60 Cr) |
| Fresh Issue | 29,19,000 shares (aggregating up to ₹ 14.60 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | NSE SME |
| Share Holding Pre Issue | 80,85,594 shares |
| Share Holding Post Issue | 1,10,04,594 shares |
| Market Maker Portion | 1,65,000 shares |
| Market Maker | Wiinance Financial |
Key Performance Indicator
| KPI | Dec-24 | Mar-24 | Mar-23 |
|---|---|---|---|
| ROE | 33.52% | 52.43% | 9.54% |
| ROCE | 30.62% | 36.82% | 12.04% |
| RONW | 25.75% | 41.54% | 9.10% |
| EPS (basic) | 3.55 | 3.69 | 0.47 |
| P/E Pre IPO | 16.59 | ||
| P/E Post IPO | 14.66 |
Company Financials In Crores
| Period Ended | Dec-24 | Mar-24 | Mar-23 | Mar-22 |
|---|---|---|---|---|
| Assets | 18 | 12 | 9 | 9 |
| Revenue | 18 | 20 | 14 | 11 |
| Profit After Tax | 3 | 2 | 0 | -1 |
| Net Worth | 11 | 6 | 3 | 3 |
| Reserves and Surplus | 3 | 4 | 1 | 1 |
| Total Borrowing | 3 | 5 | 4 | 5 |
About Company
Strength
Proven Industry Experience & Execution Capabilities: Over a decade of expertise in electrical substation projects and solar power generation, ensuring efficient and reliable execution.
Strong Leadership & Management: Led by experienced promoters and a skilled board, supported by a competent senior management team.
Advanced Equipment & Skilled Workforce: Well-equipped with modern tools and a team of 600+ engineers and supervisors for precision-driven project execution.
Weakness
Revenue Concentration Risk : A significant portion of revenue (over 90%) comes from the operation, maintenance, testing, and commissioning of electrical substations, making the company vulnerable to demand fluctuations in this segment.
Dependence on Government Bids: Business growth relies heavily on the acceptance of bids by government and other agencies; failure to secure contracts could impact revenue and profitability.
Working Capital Intensity: The Company’s operations require high working capital, and any delays in payments or project execution could strain liquidity and cash flows.