Open Date
19 Dec 23
21 Dec 23
1200 shares
₹80.68 Cr
Lot Size
IPO Size
Listing At
NSE SME
Listing Date
Price Range
₹93 per share
Close Date
Allotment Date
22 Dec 23
27 Dec 23
Incorporated in 2010, Electro Force Limited is involved in the business-to-business (B2B) of designing and producing electrical components, and metal/plastic contact parts. The company has an ISO 9001:2015 certification. Its manufacturing facility is based in Vasai, Maharashtra. Electro Force has specialization in designing and manufacturing precision sheet metal components, high-speed metal stamping components, plastic injection mouldings, insert and over moulding, sub-assemblies and value-added services. Its offerings are used in electronics, lighting, switchgear and allied industries in India.
Electro Force Limited plans to utilize the raised capital from the IPO to: ● To fund inorganic growth. ● To fund working capital requirements. ● General corporate purposes.
The book-running lead managers to the offer are: First Overseas Capital Limited
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