Price Band
₹47 - ₹50
Lot Size
3000
Issue Size
₹14.6 Cr
GMP
N/A
Subscription
737.97x
Analyzing...
IPO Schedule
1
Open
4 Feb 2025
2
Close
6 Feb 2025
3
Allotment
-
4
Listing
11 Feb 2025
About Chamunda Electrical
Chamunda Electrical is an SME operating in the electrical components and solutions sector. They likely manufacture or trade in electrical goods, catering to industrial or consumer markets. The IPO aims to raise capital for business expansion and working capital requirements.
Key Strengths
- High Return on Equity (ROE) of 52.43% indicates efficient utilization of shareholder funds and strong profitability.
- Relatively low P/E ratio of 16.59 suggests the IPO is reasonably priced compared to its earnings, potentially offering value to investors.
- SME segment focus may allow for rapid growth and agility in adapting to market changes.
- The IPO provides an opportunity to participate in the growth of the electrical components sector.
- The company's specific niche within the electrical industry could provide a competitive advantage.
Risk Factors
- •SME IPOs are inherently riskier due to limited operating history and smaller scale compared to mainboard IPOs.
- •The relatively small issue size of ₹14.6 Cr may lead to higher price volatility post-listing.
- •The electrical components sector is subject to cyclical demand and economic fluctuations, which could impact the company's performance.
Valuation Analysis
Considering the high ROE and moderate P/E ratio, the IPO appears reasonably valued; however, investors should carefully consider the risks associated with SME IPOs before investing.
IPO Details
ExchangeNSE
SegmentSME
ISININE11HG01018
NSE SymbolCHAMUNDA
Face Value₹10
Lot Size3000
Issue Size₹14.6 Cr
Key Metrics
ROE52.43%
ROCE36.82%
P/E Ratio16.59
Industry P/E20
EPS3.01
PAT Margin12.21%
Debt/Equity0.78
Growth & Quality
ProfitableYes ✓
Subscription
Total16.70x
Imbalance Ratio13.4x
Documents
RHP not available
Key Dates
Open Date4 Feb 2025
Close Date6 Feb 2025
Listing11 Feb 2025