Electro Force (India) Limited

Electro Force (India) Limited

SMEClosed

₹1,11,600(1,200 Shares)

Minimum Investment

IPO Dates

Dec 19, 2023 – Dec 21, 2023

Price Band

₹93–93 per equity share

Lot Size

1200

Listing

Dec 27, 2023

Listing At

NSE SME

Dec 19, 2023Open DateCompleted
Dec 21, 2023Close DateCompleted
TBAAllotment DateUpcoming
Dec 27, 2023Listing DateCompleted

Electro Force (India) Limited Live Subscription Details

All IPOs
QIB / NII2.22x
Retail6.44x

Overall Subscription

Total Bids Received

4.33x

Electro Force (India) Limited IPO Issue Details

Issue Price
₹93 Per Equity Share
Face Value
₹10 Per Equity Share
Listing At
NSE SME
Listing Date
Dec 27, 2023

Market Lot Details

CategoryLotsSharesAmount
Retail (Min)11,200₹1,11,600
Retail (Max)11,200₹1,11,600
sHNI (Min)22,400₹2,23,200

Company Information

Electro Force (India) Limited designs and manufactures electrical components and metal/plastic contact parts for India's electronics, lighting, switchgear, and allied industries.Electro Force designs ...

Valuations

RoNW

43.57%

Objectives of the Issue

  1. 1Funding additional working capital requirements of the company
  2. 2Pursuing Inorganic Growth
  3. 3General corporate purposes

Electro Force (India) Limited – Promoter(s)

Ayesspea Holdings
Investments Private Limited
Garuda Television Private Limited
Pravin Kumar Brijendra Kumar Agarwal

Contact Details

Electro Force (India) Limited IPO Documents

Frequently Asked Questions — Electro Force (India) Limited IPO

The Electro Force (India) Limited IPO price band is set at ₹93.00 to ₹93.00 per equity share.

The lot size for Electro Force (India) Limited IPO is 1200 shares per lot. The minimum investment amount is approximately ₹1,11,600.

The Electro Force (India) Limited IPO opens on Dec 19, 2023 and closes on Dec 21, 2023.

Electro Force (India) Limited IPO is expected to be listed on Dec 27, 2023 on NSE SME.

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