Chamunda Electricals IPO Day 1: Chamunda Electricals’s shares get subscribed 14.62x times on day 1Chamunda Electricals IPO Day 1: Chamunda Electricals’s shares get subscribed 14.62x times on day 1

Chamunda Electricals Limited IPO witnessed impressive demand on its debut, reaching a 14.62x subscription. This strong response underscores investor confidence in the company’s potential and growth prospects, signaling a positive market sentiment and reinforcing expectations for its future expansion and success in the industry.

How to check Chamunda Electricals Ltd IPO Subscription Status?

Steps to check Chamunda Electricals Ltd IPO subscription status on NSE

Following are the steps to check it through the NSE website

• Visit NSE‘s official website.
• Navigate to the ‘Market Data’ tab.
• Choose ‘IPO’.
• Select the ‘Chamunda Electricals Ltd IPO’ to check its subscription status.
• Opt for either NSE Bid details or Consolidated Bid details.
• Explore the total number of bids received from various investors. 

Chamunda Electricals Ltd IPO Allotment Status

The allotment date for the Chamunda Electricals Ltd IPO is set for February 7, 2025, with shares priced at ₹47 to ₹50 per share and a face value of ₹10. The offering consists of lots of 3000 shares, with bids accepted for these lots or their multiples.

Chamunda Electricals Ltd IPO Listing Date 

Chamunda Electricals Ltd IPO is expected to be listed on the NSE SME on February 11, 2025.

Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time The securities quoted are exemplary and are not recommendatory.