The Electro Force India IPO has begun on 19-December-2023. It will close on 21-December-2023. The Total IPO Size is 80.68 Crores. The company set its IPO price is 93 Rs Per Share. Basically, There are two basic categories in Electro Force India IPO Subscription 1) Other 2) Retail Individual Investors (RIIs)
Electro Force India is established in 2010.
Electro Force India is designs and manufactures electrical components and metal/plastic contact parts for India’s electronics, lighting, switchgear, and allied industries.
They designs and manufactures stamping components and plastic components by metal stamping, injection molding and insert molding for electrical MCBs (Miniature Circuit Breakers), 63A electrical manual transfer switches, electrical MCCBs & RCBs, brushless DC motors for medical devices/aerospace/defense and automation, electrical motor starters, Electrical Control Gears, and electrical switches.
The company also provides quality testing, packaging, assembly, secondary operations and logistics services.
The company has a leased manufacturing facility in Vasai, Maharashtra, with an area of over 10,000 square feet.
Check :- Upcoming SME IPO 2023
Electro Force India IPO Promotor Holding
Ayesspea Holdings and Investments Private Limited, Garuda Television Private Limited, and Pravin Kumar Brijendra Kumar Agarwal are the promoters of the company.
Electro Force India IPO Date, Details & Price Band
| IPO Opening Dates | 19-December-2023 |
| IPO Closing Dates | 21-December-2023 |
| Price Band | 93 Rs |
| Fresh issue | 55.80 Crore |
| OFS size | 24.88 Crore |
| Total IPO size | 80.68 Crore |
| Minimum bid (lot size) | 1200 Shares |
| Face Value | 10 INR Per Share |
| Listing On | NSE SME |
Electro Force India IPO Market Lot
The Electro Force India IPO minimum market lot is 1200 shares With 111,600 ₹ Amount per application.
| Lot | No of Shares | Amount | |
| Minimum | 1 | 1200 | 111,600 Rs |
| Maximum | 1 | 1200 | 111,600 Rs |
| S-HNI (Min) | 2 | 2400 | 223,200 Rs |
Electro Force India IPO GMP Grey Market Premium
Electro Force India IPO GMP Grey market premium has been started today. Check Latest Electro Force India IPO GMP Grey market premium, Kostak Rates and Subject to Sauda Price here.
Electro Force India IPO Prospectus
| DRHP | Download |
| RHP | Download |
Electro Force India IPO Reviews
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Electro Force India IPO Form Download
Electro Force India IPO is available on NSE Website as well as on our Portal. Please click here Electro Force India IPO form Download.
Electro Force India IPO Allotment Date & Details
| Allotment Date | 22-December-2023 |
| Initiation of refunds | 26-December-2023 |
| Transfer of shares to Demat accounts | 26-December-2023 |
| Listing Date | 27-December-2023 |
| Check Allotment Status | Click here </td> |
Registrar of Electro Force India IPO
SKYLINE FINANCIAL SERVICES PRIVATE LIMITED
D-153 A, 1st Floor, Okhla Industrial Area, Phase – I, New
Delhi-110020, India
Tel. No.: +91-11-40450193/197
Email: [email protected]
Investor Grievance Email:[email protected]
Website: www.skylinerta.com
Contact Person: Anuj Rana
SEBI Registration No.: INR000003241
Electro Force India Contact Details
Electro Force (India) Limited
39/5, Village – Waliv,
Taluka – Vasai East,
Palghar – 401 208
Phone: +91 22 35722456
Email: [email protected]
Website: https://electroforceindia.com/
Electro Force India IPO Lead Managers
FIRST OVERSEAS CAPITAL LIMITED
1-2 Bhupen Chambers, Dalal Street, Fountain,
Mumbai – 400 001, Maharashtra, India
Tel No.: +91 22 4050 9999
Email: [email protected]
Investor Grievance Email:
[email protected]
Website: www.focl.in
Contact Person: Mala Soneji/ Rushabh Shroff
SEBI Registration No: INM000003671