The Electro Force India IPO minimum market lot is 1200 with ₹111,600 application amount. The IPO is a NSE SME IPO, and it will list on NSE.
Electro Force India’s 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.
IPOWatch View
We recommend investors may apply an IPO with Caution (Avoid) Investors should also look at the QIB, NII, and Retail numbers before investing.
Electro Force India IPO Subscription Status – Day 3
| IPO Category | IPO Subscription Numbers |
| NII | 2.12 |
| RII | 6.44 |
| Total | 4.28 |
Electro Force India IPO Investor Categories
- Qualified Institutional Buyers (QIB): Financial Institutions, Banks, FIIs, and Mutual Funds
- Non-Institutional Investors(NII): Individual Investors, NRIs, Companies, Trusts, etc
- Retail Individual Investors (RII): Retail Individual Investors or NRIs
- Employee (EMP): Eligible Employees
- Others: Eligible Shareholders
Electro Force India IPO Review
- Avoid
Electro Force India IPO Form
How to apply for the Electro Force India IPO? You can apply for 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 is you can apply for Electro Force India IPO via IPO forms downloaded via NSE. Check out the Electro Force India forms – Click NSE Forms blank IPO forms download, fill, and submit in your bank or with your broker.
