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.