Chamunda Electrical IPO

Chamunda Electricals Limited specializes in providing operation and maintenance services for substations up to 66 KV, along with testing and commissioning of substations up to 220 KV. The company also operates a 1.5 MW solar power generation park. Its expertise extends to erecting EHV class equipment and associated works. With a strong client base across industries, Chamunda Electricals Limited continues to expand its offerings. Led by experienced promoters, the company has demonstrated consistent financial growth and maintains a workforce of 633 permanent employees as of August 31, 2024.

IPO Strengths

• Possesses over a decade of industry experience, showcasing strong execution capabilities across diverse projects.

• Specializes in EHV-class equipment, excelling in substation erection, testing, and commissioning.

• Maintains a strong leadership team, supported by experienced promoters and directors providing strategic guidance.

• Equipped with advanced testing and commissioning equipment, ensuring precision and reliability.

• Employs a highly skilled workforce of engineers and supervisors with expertise in power sector projects.

• Operates a scalable business model, managing multiple substations with a strong work order book.

Chamunda Electricals IPO Key Financials (in ₹ lakhs)

Chamunda Electricals Limited Upcoming IPO Details

Chamunda Electricals IPO Important Dates

Chamunda Electricals IPO Lots

Chamunda Electricals IPO Lead Managers

Chamunda Electricals Limited IPO Valuation Overview

Chamunda Electricals IPO Peer Group Comparison

There is no listed company that is directly comparable in terms of business model, size, and financials.

Objectives of the Proceeds

• Capital expenditure for purchasing new testing kits and equipment is up to ₹120.51 lakhs.

• Working capital requirement is up to ₹550.00 lakhs.

• Repayment of term loans and cash credit is up to ₹306.73 lakhs.

• Meeting general corporate purposes