Chamunda Electricals IPO GMP 2025: All You Need to Know
06 February 2025 · Sachin Gadekar
The Chamunda Electricals IPO is one of the most talked-about Small and Medium Enterprises (SME) Initial Public Offerings (IPOs) of February 2025. With a price band ranging from ₹47 to ₹50 per share, investors are keen to know more about the Chamunda Electricals IPO GMP (Grey Market Premium), allotment status, and the company's financials. In this article, we’ll delve into everything you need to know about this IPO, its GMP, allotment process, and more.
Chamunda Electricals IPO Overview
Chamunda Electricals Limited, founded in June 2013, specializes in maintaining and operating electrical substations and solar power generation parks. The company is now raising ₹14.60 crores through its book-built IPO, offering a total of 29.19 lakh fresh shares. The IPO went live from February 4, 2025, and closed on February 6, 2025.
IPO Size: ₹14.60 Crore
Issue Type: Book Built Issue
Price Band: ₹47 to ₹50 per share
Lot Size: 3,000 shares
Listing: NSE SME
Allotment Date: February 7, 2025
Listing Date: February 11, 2025 (Tentative)
Chamunda Electricals IPO GMP Today
As of today, Chamunda Electricals IPO GMP stands at a notable ₹10-₹12 per share in the grey market. This suggests that the IPO is likely to list at a slight premium, which has garnered the interest of investors.
Chamunda Electricals IPO GMP Price: ₹10-₹12
Grey Market Premium (GMP) Status: Positive outlook
Investors eyeing Chamunda Electricals IPO GMP can look forward to a promising listing, with the current grey market trend signaling strong demand.
Chamunda Electricals IPO Allotment Status
The allotment status for the Chamunda Electricals IPO is expected to be finalized on February 7, 2025. Once the allotment process is complete, investors can check whether they have been allotted shares or not. The Chamunda Electricals IPO GMP allotment is crucial as it will determine the number of shares each investor receives.
To check the allotment status, investors can visit the registrar's website or use other third-party platforms that provide IPO allotment details.
Chamunda Electricals IPO Review
Financials and Business Outlook
Chamunda Electricals has demonstrated steady growth in its financials, with a profit of ₹2.81 crore for the period ending December 31, 2024. The company has been working on significant contracts related to electrical substation maintenance and solar power generation parks. With a strong management team and decades of experience, Chamunda Electricals Limited has shown resilience in the market.
Valuation and Pricing:
The Chamunda Electricals IPO GMP suggests a premium, indicating investor confidence in the company. Based on its Price-to-Earnings (P/E) ratio and Return on Equity (ROE), the IPO appears fully priced but could offer good potential for medium to long-term investors.
Risks and Considerations
While the company’s growth outlook looks promising, the sudden surge in its earnings in FY24 should be evaluated carefully by potential investors. Market conditions and future project execution could affect the company’s performance.
Chamunda Electricals IPO GMP Price Trend
The Chamunda Electricals IPO GMP has been fluctuating between ₹10 to ₹12 per share. The price trend indicates that investors are optimistic about the IPO’s listing.
Factors Affecting GMP:
Strong subscription rates: The IPO has been oversubscribed by over 700 times in the retail category.
Investor interest: The price band of ₹47-₹50 per share is seen as reasonable compared to the company's financial growth.
FAQs About Chamunda Electricals IPO
Q1: What is Chamunda Electricals IPO GMP? A1: Chamunda Electricals IPO GMP refers to the grey market premium of the IPO, which is the difference between the expected listing price and the issue price. As of today, it stands at ₹10-₹12 per share.
Q2: How can I check Chamunda Electricals IPO allotment status? A2: You can check the allotment status on the registrar's website or other platforms offering IPO allotment tracking services.
Q3: What is the price band for Chamunda Electricals IPO? A3: The price band for Chamunda Electricals IPO is ₹47 to ₹50 per share.
Q4: When will the listing for Chamunda Electricals IPO happen? A4: The tentative listing date for Chamunda Electricals IPO is February 11, 2025.
Q5: How many shares can I apply for in the Chamunda Electricals IPO? A5: The minimum lot size is 3,000 shares, and the minimum investment for retail investors is ₹1,50,000.
Conclusion
Chamunda Electricals IPO is shaping up to be an interesting investment opportunity, with its GMP indicating a potential premium listing. With its solid financials, growing order book, and robust management, the company could offer long-term value to investors. If you’re planning to invest, make sure to monitor the Chamunda Electricals IPO allotment status and stay updated on the latest developments.
For more information about upcoming IPOs, visit our TapBonds Knowledge Center, where we regularly post detailed articles on investment opportunities in the bonds market.