Chamunda Electrical Ltd Secures ₹12.4 Million Order, Boosting Post-IPO Momentum

Chamunda Electrical Ltd, which recently concluded its successful IPO, has announced a significant new order worth ₹12.4 million. This development comes just over a month after the company's shares were listed on the NSE SME platform on February 11, 2025. The order is expected to strengthen Chamunda's position in the electrical substation and solar power sectors, aligning with its core business of providing specialized services for testing and commissioning of electrical substations up to 220 KV and solar power generation.

The company's IPO, which closed on February 6, 2025, was oversubscribed 738 times, reflecting strong investor confidence. This new order underscores Chamunda's growth trajectory and its ability to capitalize on India's expanding power and renewable energy markets.

Sources: NSE SME, Company Website (www.chamundaconst.com)