Chamunda Electricals IPO opens today. Check subscription, GMP and other details about ₹15 crore SME issue
Chamunda Electricals IPO: The initial public offer portion subscribed 3 times. Chamunda Electricals IPO Size: The issue is entirely a fresh issue of 29.19 lakh shares, aiming to raise ₹14.60 crore. Chamunda Electricals IPO Objective: The company plans to use the funds raised via the IPO to meet capex for the purchase of new testing kits and equipments, fund working capital requirements, repay debt, fund general corporate purposes and meet issue expenses. Chamunda Electricals IPO Listing Date: Chamunda Electricals IPO will list on NSE SME with the likely listing date fixed as February 11, 2025. Chamunda Electricals IPO BLRM: The book-running lead manager of the issue is GYR Capital Advisors while Kfin Technologies is the registrar to the issue.
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