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Chamunda Electricals IPO Day 2: Chamunda Electricals’s shares get subscribed 41.86x times on day 2

Chamunda Electricals Limited IPO saw strong demand on its second day, with a 41.86x subscription, demonstrating investor confidence and a positive outlook for the company's growth prospects.
Chamunda Electricals Limited IPO saw 41.86x subscription on day 2, reflecting strong investor confidence and growth potential.
Chamunda Electricals Limited IPO saw 41.86x subscription on day 2, reflecting strong investor confidence and growth potential.

Chamunda Electricals Limited IPO received strong investor interest, with the subscription reaching 41.86x on its second day. This significant demand highlights the market’s confidence in the company’s potential and future growth, suggesting a positive outlook for its upcoming ventures and solidifying its position in the industry.

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Chamunda Electricals Limited IPO Subscription Status

Chamunda Electricals Limited’s IPO saw strong demand on its first day, with a 14.62x subscription, showcasing investor trust and highlighting the company’s promising growth potential in the market.

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.

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