Electro Force (India) Limited
listed
₹1.12LMin. investment
Electro Force (India) Limited IPO Details
Issue size
₹80.68Cr
IPO type
SME
Price range
₹93.00 – ₹93.00
Listing date
27 Dec 2023
Lot size
1200 shares
RHP/DRHP
Read
Price range₹93.00 – ₹93.00
IPO type
SME
Lot size1200 shares
Issue size₹80.68Cr
RHP/DRHP
Read
Electro Force (India) Limited Timeline
- Bid start19 Dec 2023
- Bid end21 Dec 2023
- Allotment21 Dec 2023
- Release of funds26 Dec 2023
- Demat transfer22 Dec 2023
- Listing27 Dec 2023
About Electro Force (India) Limited
Incorporated in 2010, Electro Force (India) private limited is a certified company that designs and manufactures electrical components, metal / plastic contact parts, and supplies these products to the industry players via a business-to-business (B2B) model. Since inception, Their Company has been a supplier of high grade precision metal electrical contact parts and components, connectors and assemblies for applications in electronics, lighting, switchgear and allied industries in India.
Their manufacturing unit is located at Vasai in Maharashtra. The company offers end-to-end product solutions to their customers under the B2B model wherein they provide services ranging from designing, manufacturing, quality testing and packaging to logistics. Their main focus has been on offering integrated services, mostly to Indian manufacturers of electrical components & have the ability to perform precision metal stamping, assembly, and moulding.
They specialize in designing and manufacturing of precision sheet metal components, high speed metal stamping components, plastic injection mouldings, insert and over moulding, sub-assemblies and value added services for diverse industries like electronics, lighting and other engineering industries in India.They are capable of producing the majority of above items from the initial stages of concept and design all the way through to final delivery to the customer. Over the past 13 years, they believe that they have accumulated invaluable experience in helping their customers create new designs, incorporating cutting-edge technologies, and effectively utilizing our manufacturing facilities, equipment, and materials. As a result, they are constantly improving our product offerings to better serve our customer’s needs.
Electro Force (India) Limited is set to debut its initial public offering (IPO). The proceeds generated from the Fresh Issue will be allocated towards the following objectives.
- Funding additional working capital requirements of our Company;
- Pursuing Inorganic Growth
- General corporate purposes.
Here are key details about the Electro Force (India) Limited IPO:
| Company Name | Electro Force (India) Limited | Electro Force (India) Limited IPO Opening Date | December 19, 2023 | |
|---|---|---|---|---|
| Company Incorporated On | 2010Electro Force (India) Limited IPO Price band | ₹93 per share |
Checklist
Risk analysis
Debt to Equity ratio
Promoter holdings
Shares pledged
The investment checklist helps you understand a company's financial
health at a glance and identify quality investment opportunities easily
Electro Force (India) Limited Contact Details
Company NameElectro Force (India) Limited
How to apply for Electro Force (India) Limited?
- Step 1
Log in to your Upstox account to access IPO investments. Next, select the current IPO section.
- Step 2
Specify IPO details. Enter the number of lots and the price you wish to apply for.
- Step 3
Enter UPI ID. After entering your UPI ID, click submit. This will place your bid with the exchange.
- Step 4
Mandate Notification. Your UPI app will receive a mandate notification to block funds.
- Step 5
Approve Request. Your funds will be blocked once you approve the mandate request on your UPI.