About Chamunda Electricals
IPO date
04th – 06th Feb 2025
Listing date
07 Feb 2025
Price range
₹47 – ₹50
Lot size 3000 — ₹150000
Issue size
15cr
Chamunda Electricals is a specialized provider of operation & maintenance (O&M) services for electrical substations up to 66kV and testing & commissioning of substations up to 220kV. With a strong track record of growth, their substation O&M portfolio has expanded from 62 in FY22 to 130 in FY25, driven by competitive bidding. They also operate a 1.5 MW solar power park in Gujarat under a 25-year PPA with UGVCL. Their expertise in EHV equipment erection and customized service offerings has helped them secure long-term relationships with key industry players.