Upcoming IPO, Feb. 3 -- Chamunda Electricals Ltd IPO will open for subscription on Tuesday, February 4, and 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.

Established in June 2013, Chamunda Electricals Limited focuses on the operation and maintenance of substations up to 66 KV, as well as testing and commissioning for those up to 220 KV, in addition to solar power generation capacities of 1.5 MW. The company's offerings encompass the installation of EHV class equipment, construction of structures, earthing solutions, contro...