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Home All IPOs Electro Force (India) Ltd IPO
NSE SME Fixed Price IPO Fresh Capital-cum-Offer for Sale Closed

Electro Force (India) Ltd IPO 2026

Face Value: ₹10  ·  Lot Size: 1,200 shares  ·  Min Investment: ₹111,600
₹93
Issue Price
+₹0
GMP Today
86,74,800 (100.00%)
Total Shares Offered
₹93
Est. Listing
Allotment Status
📅
Open Date
2023-12-19
📅
Close Date
2023-12-21
🎟️
Allotment
2023-12-22
UPI Mandate
2023-12-21
📱
Listing Date
2023-12-27
🔗
Script Code
TBA
Grey Market Premium (GMP)
LIVE
Current GMP
+₹0
+0% vs Issue Price
Estimated Listing: ₹93
Issue Price: ₹93  ·  Lot: 1,200 shares
Expected P&L (1 lot): +₹0 on ₹111,600
GMP is unofficial grey market data. It does not guarantee listing price or returns.
Financial Overview
Amount in ₹ Lakhs
Metric 30 Sep 2023 31 Mar 2023 31 Mar 2022
Revenue 2314.19 3028.81 3028.81
Profit After Tax 711.08 799.60 864.26
EBITDA
Net Worth 2546.41 1835.33 1035.73
Total Assets 7827.00 7231.51 4783.37
Reserves & Surplus 806.41 95.33 535.73
Total Borrowings
Key Financial Ratios
43.57%
ROE
Return on Equity
58.23%
ROCE
Return on Capital Employed
43.57%
RONW
Return on Net Worth
Issue Details
Total Shares Offered
86,74,800 (100.00%)
Net Offer to Public
82,39,200 shares (aggregating up to ₹76.62 Cr)
Market Maker Reservation
4,35,600 shares (aggregating up to ₹4.05 Cr)
Pre-Issue Shareholding
1,74,00,001 shares%
Post-Issue Shareholding
2,34,00,001 shares%
Issue Price
₹93
Face Value
₹10
Lot Size
1,200 shares
Listing Exchange
NSE SME
Issue Type
Fixed Price IPO
Objects of Issue
Funding additional working capital requirements of the company
Pursuing Inorganic Growth
General corporate purposes
Lead Managers
First Overseas Capital Ltd.
IPO Timeline
Open
2023-12-19
Close
2023-12-21
Allotment
2023-12-22
Listing
2023-12-27
Registrar Details
Skyline Financial Services Pvt.Ltd.
02228511022
ipo@skylinerta.com
Check Allotment Status
Company Information
Email
compliance@electroforceindia.com
Phone
+91 22 35722456
Address
39/5, Village - Waliv, Taluka - Vasai East, Palghar, Maharashtra, 401208
About Electro Force (India) Ltd

Incorporated in 2010, 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 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.

Quick Facts
GMP Signal
Bullish 🚀
Status
Closed
Issue Price
₹93
Lot Size
1,200 sh
Est. Listing
₹93
Pre-Issue Hold.
1,74,00,001 shares%
Post-Issue Hold.
2,34,00,001 shares%
Registrar
Skyline Financial Services Pvt.Ltd.
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GMP %
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