Chamunda Electricals IPO Allotment Status Feb 7th

Chamunda Electricals IPO Allotment Status Feb 7th

Chamunda Electricals IPO is a book built issue of Rs 14.60 crores. The issue is entirely a fresh issue of 29.19 lakh shares.

Chamunda Electricals IPO bidding started from February 4, 2025 and ended on February 6, 2025. The allotment for the Chamunda Electricals IPO is expected to be finalized on Friday, February 7, 2025. Chamunda Electricals IPO will list on NSE SME with tentative listing date fixed as Tuesday, February 11, 2025.

 

 

Chamunda Electricals IPO price band is set at ₹47 to ₹50 per share. The minimum lot size for an application is 3000. The minimum amount of investment required by retail investors is ₹1,50,000. The minimum lot size investment for HNI is 2 lots (6,000 shares) amounting to ₹3,00,000.

1. Check Allotment on Link Intime

The IPO allotment can be checked through the registrar, Link Intime. Follow these steps:

visit this link 

Go to the Link Intime IPO allotment website.

Select the IPO

Click on the dropdown menu.
Choose “Chamunda Electricals” from the list of IPOs.
Enter Required Details

PAN Number: Your Permanent Account Number.
Application Number: As provided during the IPO application.
DP ID: Demat account details.
Click on Search
Your allotment status will be displayed on your screen.

2. Check Allotment Through BSE/NSE

You may also check the allotment status at the stock exchange websites:

Visit BSE/NSE IPO Allotment Page,

Go to the BSE India website’s IPO page.
Select IPO
Choose the IPO from the dropdown list.
Select “Chamunda Electricals”
Application Details
Insert your PAN, Application Number or Demat ID.
Search for Allotment
Click the “Search” icon to view your allotment status.

3. Check Allotment via Demat Account

Log in to your broker’s trading or Demat account.
Navigate to the “Holdings” section.
Search for “Chamunda Electricals”
If the shares are credited to your account, congratulations on your allotment!

4. Check Allotment via Bank Account

Log in to your bank account used for the IPO application.
Check for any debit entries or refund status in the transaction history.
Look for SMS notifications confirming the allotment or fund unblocking.

What to Do After Allotment?

If Shares Are Allotted:
Hold onto your shares for listing day to potentially benefit from price gains.
Keep track of market movements and set targets.

If Shares Are Not Allotted:

Don’t worry! Your application amount will be refunded.
Stay updated for upcoming IPO opportunities. Conclusion
The Chamunda Electricals offers an exciting opportunity for investors. Whether you’re a retail investor or part of the institutional category, checking your allotment status is now easier than ever with platforms like Link Intime, BSE/NSE websites, and Demat accounts. Follow the outlined steps to confirm your allotment, and get ready for the listing day to make the most of your investment.

Don’t forget, for all such promised prospects from IPOs, don’t forget to merge your investment goals with the fiscal goals and then risk appetite accordingly.

Chamunda Electricals IPO Timeline

Chamunda Electricals IPO Timeline (Tentative Schedule)

Chamunda Electricals IPO opens on February 4, 2025, and closes on February 6, 2025.

EventDate
IPO Open DateTuesday, February 4, 2025
IPO Close DateThursday, February 6, 2025
Basis of AllotmentFriday, February 7, 2025
Initiation of RefundsMonday, February 10, 2025
Credit of Shares to DematMonday, February 10, 2025
Listing DateTuesday, February 11, 2025
Cut-off time for UPI mandate confirmation5 PM on February 6, 2025