
Capital Goods / Electrical Equipment · NSE
Chamunda Electricals Limited, incorporated in June 2013, specializes in the operation, maintenance, testing, and commissioning of electrical substations up to 220 KV and operates 1.5 MW solar power generation projects. The company provides expertise in erecting EHV class equipment, structures, earthing, and control cable works for D Class substations and is also engaged in developing solar power generation parks. With a workforce of over 600 engineers, supervisors, and supporting staff, Chamunda Electricals efficiently executes complex electrical projects, covering substation operations, solar infrastructure development, and installation and commissioning of electrical equipment up to 220 KV.
Price Band
₹47 – ₹50
Issue Size
₹14.60 Cr
Lot Size
3000 shares
GMP
+40.0%
Est. Listing
₹70
at current GMP
Subscribed
738.06x
overall
Open
4 Feb 2025
Close
6 Feb 2025
Allotment
7 Feb 2025
Refund
8 Feb 2025
Demat Credit
9 Feb 2025
Listing
11 Feb 2025
Last updated: 19 Oct 2026
Current Premium
Issue Price (Upper)
₹50
Band: ₹47 – ₹50
Estimated Listing Price
₹70
Upper price + GMP
Lot Size
3000 shares
Min investment ₹1,50,000
Estimated Profit / Lot
₹60,000
3000 × ₹20
Grey Market Premium trend
+₹20
▲ 0 today
Updated less than a minute ago
| Date | GMP (₹) | GMP % | Est. Listing |
|---|---|---|---|
| 31 Oct 2026 | +₹20 | 40.0% | ₹70 |
| 30 Oct 2026 | +₹20 | 40.0% | ₹70 |
| 29 Oct 2026 | +₹18 | 36.0% | ₹68 |
GMP is unofficial market data. Not a guarantee of listing performance.
Chamunda Electrical Limited is bringing an initial public offering (IPO) in the Capital Goods / Electrical Equipment sector with an aggregate issue size of ₹14.6 Crores. The shares are offered at a price band of ₹47 to ₹50 per equity share on NSE. Currently, grey market participants and retail investors are watching the bidding trend, premium movement, and anchor book demand with keen interest.
Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 3000 shares (approx. ₹1,50,000 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.
Allotment reconciliation will be managed by Kfin Technologies Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2025-02-09, while un-allotted funds or UPI block mandates will be released on 2025-02-08.
The latest grey market premium for Chamunda Electrical Limited IPO is ₹20, which indicates an expected listing price of ₹70.
Kostak rate is the profit amount an investor earns by selling their entire IPO application in the grey market before allotment is finalized.
No. GMP is an unofficial indicator discovered between dealers outside of SEBI-regulated exchanges. Actual listing price is determined by demand-supply discovery on NSE/BSE during the pre-open auction.