The Chamunda Electrical IPO minimum market lot is 3,000 shares with ₹1,50,000 application amount. The Chamunda Electrical IPO is a SME IPO, and it is to be listed on NSE.
Chamunda Electrical Limited was established in June 2013 and is one of the growing companies involved in the business of offering specialized services of operation and maintenance of substations up to 66 KV (kilovolt), testing and commissioning of electrical substations up to 220 KV (kilovolt) and solar power generation park of 1.5 MW (Megawatts) capacity. Their services include erecting EHV class equipment, structures and equipment, earthing, control cable works, and other related work to the substations.
Throughout the years, the company has reached the point where they have developed solutions and services through these verticals, which are as follows: Operation, maintenance, testing, and commissioning of electrical substations, Set-up a solar power generation park, and installation and commissioning of electrical equipment. Chamunda Electrical is renowned for having a strong relationship with their clients all due to the ability to develop solutions, provide services and complete the needs of the clients. As of now, the company has a total staff of 600 engineers, supervisors, and other supporting staff.
IPOWatch View
We recommend investors may apply for an IPO with Long-term Views. Investors should also look at the QIB, NII, and Retail numbers before investing.
Chamunda Electrical IPO Subscription Status – Day 3
Category | Day 1 | Day 2 | Day 3 |
QIB | 6.02 | 8.58 | 155.85 |
NII | 7.91 | 40.53 | 1,943.07 |
RII | 26.57 | 69.29 | 554.09 |
Total | 16.7 | 45.78 | 737.95 |
Chamunda Electrical IPO Investor Categories
- Qualified Institutional Buyers (QIB): Financial Institutions, Banks, FIIs, and Mutual Funds
- Non-Institutional Investors(NII): Individual Investors, NRIs, Companies, Trusts, etc
- Retail Individual Investors (RII): Retail Individual Investors or NRIs
- Employee (EMP): Eligible Employees
- Others: Eligible Shareholders
Chamunda Electrical IPO Review and Rating
- May Apply For Long-term View
Chamunda Electrical IPO Form
How to apply for the Chamunda Electrical IPO? You can apply for Chamunda Electrical IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Chamunda Electrical IPO in the Invest section. The other option is you can apply for Chamunda Electrical IPO via IPO forms downloaded online. Check out the Chamunda Electrical forms – Click IPO Forms blank IPO forms download, fill, and submit in your bank or with your broker.