IPO Schedule
1
Open
4 Feb
2
Close
6 Feb
3
Allotment
-
4
Listing
11 Feb
Chamunda Electrical IPO
Issue:₹50
List:₹70
CMP:₹45.3
NSELot: 3000SME
LISTEDSME
Issue Price₹50
Listing₹70
Current₹45.3
Content
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.
Subscription Status
QIB
6.02x
NII
7.91x
Retail
26.57x
| Category | Day 3 | Day 2 | Day 1 |
|---|---|---|---|
| QIB | 155.85x | 8.58x | 6.02x |
| NII | 1943.09x | 40.63x | 7.91x |
| Retail | 554.13x | 69.88x | 26.57x |
| Total | 737.97x | 46.09x | 16.70x |
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.