Electro Force India IPO Date, Review, Price, Allotment Details

Electro Force India is an ISO 9001:2015-certified company that designs and manufactures electrical components, and metal / plastic contact parts, and supplies these products to the industry players via a business-to-business (B2B) model. The company started in the year 2010 as Electro Force (India) Pvt Ltd. Since its inception, the 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. They offer 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. They also offer products in the intermediate stages to many of their customers. Their main focus has been on offering integrated services, mostly to Indian manufacturers of electrical components. They can perform precision metal stamping, assembly, and molding. They believe that a team of committed qualified and trained experts has led to the success of their Company and while their products conform to high quality standards, what has distinguished them more from their competitors has been their ability to respond quickly, reliably, and accurately to customer’s needs.

Over the past 13 years, Electro Force India believes that they have accumulated invaluable experience in helping their customers create new designs, incorporating cutting-edge technologies, and effectively utilizing their manufacturing facilities, equipment, and materials. As a result, they are constantly improving their product offerings to better serve their customer’s needs.

Objects of the Issue:

• Funding additional working capital requirements of the company.
• Pursuing Inorganic Growth.
• General corporate purposes.

Electro Force India IPO Review

• Avoid

Electro Force India IPO Date & Price Band Details

Electro Force India IPO Market Lot

The Electro Force India IPO minimum market lot is 1200 shares with a ₹111,600 application amount.

Electro Force India IPO Dates

The Electro Force India IPO date is December 19 and the IPO close date is December 21. The IPO allotment date is December 22 and the IPO might list on December 27.

You can check IPO subscription status and IPO allotment status on their respective pages.

Electro Force India IPO Form

How to apply Electro Force India IPO? You can apply Electro Force India IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Electro Force India IPO in the Invest section. The other option you can apply Electro Force India IPO via IPO forms download via the NSE website. Check out the Electro Force India forms – click NSE IPO Forms download, fill and submit in your bank or with your broker.

Electro Force India Company Financial Report

Electro Force India IPO Valuation – FY2023

Check Electro Force India IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.

Peer Group

• Centum Electronics Limited
• RIR Power Electronics Limited

Company Promoters

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

Electro Force India IPO Registrar

Skyline Financial Services Private Ltd
Phone: 02228511022
Email: [email protected]
Website: https://www.skylinerta.com/

Electro Force India IPO Allotment Status

Check Electro Force India IPO allotment status on Skyline Financial website URL. Click Here

Electro Force India IPO Lead Managers aka Merchant Bankers

• First Overseas Capital Limited

Company Address

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 FAQs