Chamunda Electricals Limited IPO has no Grey Market Premium as of January 29, 2025, with a price range of ₹47 to ₹50 per share. Offering lots of 3000 shares, the subscription window is open from February 4 to February 6, 2025.
Chamunda Electricals Limited IPO GMP Today
The Grey Market Premium (GMP) for Chamunda Electricals Limited is ₹0 as of January 29, 2025. This assessment coincides with a price of ₹47 to ₹50 per share for the IPO.
Chamunda Electricals Limited IPO Review
Chamunda Electricals Limited reported strong financial growth for the year ending March 31, 2024, with total assets reaching ₹12.13 crore. Revenue surged to ₹20.07 crore, reflecting business expansion. Profit after tax significantly improved to ₹2.46 crore, demonstrating enhanced profitability and efficient financial management.
The company’s net worth increased to ₹5.89 crore, supported by a rise in reserves and surplus to ₹3.89 crore. Total borrowing stood at ₹4.61 crore, indicating a well-managed capital structure. These financial gains highlight Chamunda Electricals’ strong operational performance and strategic growth in the electrical infrastructure and solar power sectors.
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Chamunda Electricals Limited IPO Date
Chamunda Electricals Limited will start accepting subscriptions from February 4, 2025 to February 6, 2025.
Chamunda Electricals Limited IPO Price
Chamunda Electricals Limited’s price range is at ₹47 to ₹50 per share with a face value of ₹10 each.
Chamunda Electricals Limited
Chamunda Electricals Limited, established in June 2013, specializes in operating, maintaining, testing, and commissioning electrical substations up to 220 KV, along with 1.5 MW solar power generation. With over 600 skilled professionals, it provides EHV equipment installation, control cable works, and substation infrastructure services, ensuring high-precision execution.
How To Apply For Chamunda Electricals Limited IPO?
To apply for the Chamunda Electricals Limited IPO through Alice Blue, follow these steps:
1. Open a Demat and Trading Account with Alice Blue if you don’t have one.
2. Access IPO details for Chamunda Electricals Limited on the Alice Blue platform.
3. Place your bid for the desired number of shares within the IPO’s price range.
4. Confirm your information and submit your application quickly.
You can apply for the Chamunda Electricals Limited IPO at Alice Blue in just a few clicks!
Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time The securities quoted are exemplary and are not recommendatory.