ListedSMEElectric EquipmentCHAMUNDA

Chamunda Electricals IPO

Chamunda Electricals IPO is an SME IPO raising ₹14 Cr at ₹47 – ₹50 a share. It listed on 11 Feb 2025 at ₹70, +40.0% against its issue price of ₹50, and trades at ₹38 today (−23.2% since issue). It was subscribed 312× in total.

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₹50

Issue price

₹38

Price now

−23.2%

Since issue price

11 Feb 2025

Listed on

312×Subscribed (final) · all exchanges

312.4 times more demand than shares on offer

populated partly populated we hold nothing here — the tab says why

Terms of the issue

The mechanics of what is being sold. Held for every issue we track.

Price band₹47 – ₹50

Cut-off price₹50

Issue size₹14 Cr

Shares per lot3000

Minimum application₹1,50,000

Minimum quantity3000

Face value₹10

Listing exchangesNSE

ISININE11HG01018

Bidding hours10:00 – 17:00 IST

Bidding window4 Feb 2025 – 6 Feb 2025

SME

What being an SME issue means here. SME issues list on NSE Emerge or BSE SME. They disclose less than mainboard issues, trade far more thinly, and — by regulation — the minimum application is a full lot worth roughly ₹1–1.5 lakh rather than about ₹15,000. That is why the minimum above is so much larger than for a mainboard issue.

Not here yet

Valuation against the issuer's named peers, what the fresh money funds, and the anchor-investor allocation come from reading the prospectus, which we do for current and upcoming issues — historical issues will not gain them.