IPO Synopsis

Chamunda Electrical Ltd
Registered Office: No. 113,114 Sakar Building,Op.Petrol Pump, Nr.R.Way Fatak,Palanpur-385001, Gujarat
Tel. No: +91 99789 12471
Fax No:
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. [*] per equity share (including a share premium of Rs. [*] per equity share) for cash, aggregating up to Rs. [*] crores ("public issue") out of which 1,65,000 equity shares of face value of Rs. 10/- each, at an issue price of Rs. [*] per equity share for cash, aggregating Rs. [*] 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. [*] per equity share for cash, aggregating up to Rs. [*] crores is hereinafter referred to as the "net issue". the public issue and net issue will constitute [*]% and [*]% respectively of the post-issue paid-up equity share capital of the company. Price Band: Rs. 47 to Rs. 50 per equity share of face value of Rs. 10 each. The Floor price and Cap price are 4.7 times and 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 ₹47.00 - 50.00 ₹0.00 - 0.00
Minimum Application for shares in Nos : 3000 Further Multiples of :3000
(₹ Cr) Lead Managers to the Issue
Project Cost 0.00 GYR Capital Advisors Pvt Ltd
Project Financed through Current Offer 13.72
Post Issue Equity Share Capital 11.00
Issue Price 47.00
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