February, 05 2025 Wednesday 22:19 Hrs
Ifin-logo
  • SENSEX :   78,271.28

  • Top commodity trading and broking companies in India-312.53( -0.40%) 05-Feb-2025
Login for
FundBoss
Trade Online
Open Account

IPO Synopsis

Chamunda Electrical Ltd
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
Opens On Closes On
04-Feb-25 06-Feb-25
Money Payable On
Application Allotment
47.00 0.00
Minimum Application for shares in Nos : 3000 Further Multiples of : 3000
(.Cr) Lead Managers to the Issue
Project Cost (.Cr) 0.00 GYR Capital Advisors Pvt Ltd
Project Financed through Current Offer (.Cr) 13.72  
Post Issue Equity Share Capital (.Cr) 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
No Data Available
Top
Attention Investor:
Prevent unauthorised transactions in your account Update your mobile numbers/email IDs with your stock brokers/Depository Participant.     KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, ,Mutual ).    No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account.