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chamunda electrical ltd

Chamunda Electrical Ltd

Issue
Opens On	Closes On
04-Feb-25	06-Feb-25

Money Payable On
Application	Allotment
50.00	0.00

Minimum Application for shares in Nos : 3000 Further Multiples of : 3000

Lead Managers to the Issue
Project Cost (₹.Cr)	13.14	GYR Capital Advisors Pvt Ltd
Project Financed through Current Offer (₹.Cr)	14.60
Post Issue Equity Share Capital (₹.Cr)	11.00
Issue Price (₹)	50.00

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

Registered Office: No. 113,114 Sakar Building,Op.Petrol Pump, Nr.R.Way Fatak, Palanpur - 385001, Gujarat, India. Phone : +91 99789 12471 Fax:
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. 50 per equity share (including a share premium of Rs. 40 per equity share) for cash, aggregating up to Rs. 14.60 crores ("public issue") out of which 1,65,000 equity shares of face value of Rs. 10/- each, at an issue price of Rs. 50 per equity share for cash, aggregating Rs. 0.83 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. 50 per equity share for cash, aggregating up to Rs. 13.77 crores is hereinafter referred to as the "net issue". The public issue and net issue will constitute 26.53% and 25.03% respectively of the post-issue paid-up equity share capital of the company. Price Band: Rs. 50 per equity share of face value of Rs. 10 each. The Floor price is 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.