Electro Force IPO

Electro Force India Limited

₹1,11,600 /1200 sharesMinimum Investment

Electro Force IPO Listing Details

Listed OnIssue PriceListing PriceListing Gains
NSE₹93.00₹100.00₹7.00 (7.53%)

Electro Force IPO Details

Bidding DatesMin. InvestmentLot SizePrice Range
19 Dec ‘23 - 21 Dec ‘23₹1,11,6001,200₹93 - ₹93
Issue SizeIPO Doc
80.68Cr
RHP PDF

About the company

Electro Force focuses on designing and producing electrical components and metal/plastic contact parts. Operating on a business-to-business (B2B) model, the company serves various industries with its products. Commencing operations in 2010 as Electro Force (India) Pvt Ltd., the company has been a supplier of precision metal electrical contact parts, connectors, and assemblies for electronics, lighting, switchgear, and allied industries in India. Situated in Vasai, Maharashtra, its manufacturing unit delivers end-to-end solutions under the B2B model. From design and manufacturing to quality testing, packaging, and logistics, Electro Force offers comprehensive services. The company also provides intermediate-stage products to its customers, with a primary focus on serving Indian manufacturers of electrical components. Specializing in precision sheet metal components, high-speed metal stamping, plastic injection moldings, insert and over-molding, sub-assemblies, and value-added services, Electro Force caters to diverse industries such as electronics and lighting.;
Founded in
2010
Managing director
Mr. Arvind Sharma
Parent organisation
Electro Force India Limited

Strength and risks

Strengths
Risks
The company has long-standing relationships with leading industry brands.
An in-house R&D setup enables the company to swiftly develop products and adapt to customer needs.
The company claims that its multi-technological capabilities and integrated offerings have allowed it to grow its business with existing customers.
The company aims to strengthen its position as the preferred contract manufacturer for top-tier brands by capitalizing on integrated processes and prompt delivery of high-quality products.

Financials

*All values are in Rs. Cr
No Graph Data To Display

Application details

Apply asPrice bandApply upto
Regular93 - 93₹2 Lakh
High Networth Individual93 - 93₹2 - 5 Lakh
For Electro Force IPO, eligible investors can apply as Regular.
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