Markets / IPO / Chamunda Electrical

Chamunda Electrical IPO

Updated 17:55

SME IPO on NSE Emerge · Diversified Commercial Services

Status
Listed
Price band
₹47–50
Lot size
3000 shares · ₹1,50,000
Subscribed
–

How it listed

Issue price
₹50
Listing price (open)
₹70.00 +40.00%
First-day close
₹66.50 +33.00%
Price now
₹41.40 -17.20%
Listing day11 Feb 2025
Open / high / low / close₹70.00 / ₹71.00 / ₹66.50 / ₹66.50
Shares traded on NSE11,79,000
Market value at the listing-day close₹73 cr

Closing prices since listing: 26 Oct ₹36.00, 27 Oct ₹38.10, 28 Oct ₹42.00, 29 Oct ₹43.55, 30 Oct ₹41.00, 2 Nov ₹43.50, 3 Nov ₹44.80, 4 Nov ₹43.95, 5 Nov ₹42.25, 6 Nov ₹40.10.

Chamunda Electrical share price, live chart and technicals →

Key dates

Bidding opens4 Feb 2025
Bidding closes6 Feb 2025
Allotment7 Feb 2025
Refunds and shares in demat10 Feb 2025
Listing11 Feb 2025

Lot size by investor type

ApplicationLotsSharesAmount
Individual investor (minimum)13,000₹1,50,000
HNI (minimum)26,000₹3,00,000

At ₹50 a share. In SME IPOs individuals must bid for at least 1 lots.

Subscription

Investor categoryShares bid for
Institutions (QIB)8,60,28,000
HNI / NII80,46,06,000
Retail53,52,93,000
Total1,42,59,27,000

NSE does not publish the shares offered to each category for this issue, so times subscribed cannot be shown. NSE and BSE bids together, as of 6 Feb 2025 19:00.

Applications from individual investors

1,78,431 applications in the individual investors' category.

NSE does not publish the shares set aside for this category for SME issues, so the chance of allotment cannot be worked out exactly. Winners are picked by lottery.

Demand at each price

Top price ₹5011,080.38 lakh shares77.7%
Cut-off final price, whatever it is; mostly retail3,169.98 lakh shares22.2%
Lower prices ₹47–498.91 lakh shares0.1%

Shares bid on NSE and BSE at each price in the band. Most bids at the top price, and little at lower prices, means buyers were keen.

Anchor investors

Anchor bid date3 Feb 2025
Anchor shares8,22,000
Raised from anchors₹4.11 cr
Lock-in ends for the first 50% (30 days)8 Mar 2025
Lock-in ends for the remaining 50% (90 days)7 May 2025

Anchor investors are large funds that buy the day before the IPO opens. SEBI locks in half their shares for 30 days from the allotment and the rest for 90 days; they can sell from the next trading day. Traders watch these dates because extra selling can come in.

Financials and valuation

At issue priceNow
Market value₹55 cr₹46 cr
P/E (last 12 months' profit)15.612.9
Revenue, last 12 months₹32 cr
Profit, last 12 months₹4 cr
Return on equity–
Debt to equity–

From results the company filed with NSE (latest period to 31 Mar 2026). Twelve-month figures need four quarters of results, so they fill in over the first year after listing.

Other recent IPOs: Diversified Commercial Services

CompanyListedSubscribedOn listingSince IPO
Elevate Campuses 30 Sept1.79×-1.91%-22.86%
Coreintegra Consulting Services SME30 Sept–+0.13%+36.35%
Rentomojo 17 Sept72.88×+19.42%+43.40%
Propshop Events and Exhibitions SME3 Aug–-20.00%-0.36%
Armour Security (India). SME22 Jan–-20.00%-54.39%
Dhara Rail Projects SME31 Dec–+19.05%+6.31%
Clear Secured Services SME8 Dec–-9.85%-47.16%
WeWork India Management 10 Oct1.15×+0.31%+5.19%

IPO details

Price band₹47–50
Final issue price₹50
Lot size3000 shares
Minimum investment₹1,50,000 (1 lot)
MarketNSE Emerge (SME)
Issue type100 % Book Building
Face value₹10
IndustryDiversified Commercial Services
Issue sizeInitial Public Issue of upto 29,19,000 Equity Shares (including Reserved for Market Maker upto 1,65,000 Equity Shares and anchor allocation of 8,22,000 Equity Shares)
ISININE11HG01018
RegistrarKFin Technologies Limited
Helpline: +91 40 6716 2222, chamunda.ipo@kfintech.com
Lead managersGYR Capital Advisors Private Limited
ProspectusRed herring prospectus (NSE)

Check allotment status

Allotment was finalised on 7 Feb 2025. Check it on the registrar's page (KFin Technologies Limited), NSE or BSE with your PAN or application number.

← All IPOs: open, upcoming and recently listed

From NSE's official IPO data. Expected dates follow SEBI's T+3 timetable; the exchange confirms them. Information only, not investment advice.

What is the Chamunda Electrical IPO price band and lot size?

The price band is ₹47–50 per share, and one lot is 3000 shares (₹1,50,000 at the upper price).

When is the Chamunda Electrical IPO allotment date?

Allotment was finalised on 7 Feb 2025, the next working day after bidding closed on 6 Feb 2025.

How many times was the Chamunda Electrical IPO subscribed?

Subscription figures are not available yet.

What is the Chamunda Electrical IPO listing date?

It listed on 11 Feb 2025 on NSE Emerge (SME).

When does the Chamunda Electrical anchor lock-in end?

The 30-day lock-in on half of the anchor investors' shares ends on 8 Mar 2025 and the 90-day lock-in on the rest ends on 7 May 2025; they can sell from the next trading day.

What was the Chamunda Electrical listing gain?

It opened at ₹70.00 against an issue price of ₹50, a gain of 40.00%. It is now down 17.20% from the issue price.