Chamunda Electrical Limited IPO
Chamunda Electrical Limited was a SME IPO in the Diversified Commercial Services sector, offered at ₹47–₹50 per share to raise ₹15 crore. It listed on 11 Feb 2025 at ₹70 and closed its first day at ₹66, a listing gain of +33.0% versus the ₹50 issue price. It now trades around ₹41 (-18.0% versus the issue price).
Frequently asked questions
- What were the Chamunda Electrical Limited IPO listing gains?
- Chamunda Electrical Limited listed on 11 Feb 2025 at ₹70, closing its first day at ₹66 — a listing gain of +33.0% versus the ₹50 issue price.
- What was the price band and lot size of the Chamunda Electrical Limited IPO?
- The price band was ₹47–₹50 per share, with a minimum lot of 3,000 shares (₹1,50,000 at the upper band).
- Who were the registrar and lead manager for the Chamunda Electrical Limited IPO?
- KFin Technologies Limited was the registrar, and GYR Capital Advisors was the book-running lead manager.