New Delhi, Feb. 6 -- Chamunda Electricals Ltd IPO has opened for subscription on Tuesday, February 4, and will close on Thursday, February 6. Chamunda Electricals IPO price band has been fixed in the range of Rs.47 to Rs.50 per equity share of face value of Rs.10 each. Bids can be made for a minimum of 3,000 equity shares and in multiples of 3,000 equity shares thereafter.

Founded in June 2013, Chamunda Electricals Limited specializes in the operation and maintenance of substations rated up to 66 KV, alongside testing and commissioning for those rated up to 220 KV, as well as generating solar power with a capacity of 1.5 MW. The company provides services that include the installation of EHV class equipment, the construction of structures...