Chamunda Electricals IPO Allotment Status Today; Shares To Be Credited by Feb 10

Chamunda Electricals IPO, one of the upcoming IPOs, allotment status is set for today, Friday, February 7, 2025. You can check the allotment status on the registrar’s website, Kfin Technologies Limited, as well as on the NSE website.

Successful bidders can expect the shares to be credited to their demat accounts on Monday, February 10, 2025. Those who did not receive an allotment will likely receive refunds on the same day.

Subscription Status

Chamunda Electricals IPO was opened on February 4, 2025 and closed on February 6, 2025. As of February 6, 2025, 6:19 PM, the IPO achieved an overall subscription of 737.97 times. The qualified institutional buyers (QIB) category was subscribed 155.85 times, while the non-institutional investor (NII) and retail investor portions saw subscriptions of 1,943.09 times and 155.85 times, respectively.

Details of the Chamunda Electricals IPO

Chamunda Electricals IPO was a book-built issue totalling ₹14.60 crore. The issue was a fresh issue of 29.19 lakh shares.

The price band for the IPO was set between ₹47 to ₹50 per share. The minimum lot size for an application is 3,000. The minimum amount of investment required by retail investors is ₹1,50,000.

Chamunda Electricals shares are scheduled to be listed on the NSE SME on Tuesday, February 11, 2025.

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