Electro Force (India) Limited

About the company

## ## About  Electro Force (India) Limited Incorporated in 2010, Electro Force (India) private limited is a certified company that designs and manufactures electrical components, metal / plastic contact parts, and supplies these products to the industry players via a business-to-business (B2B) model. Since inception, Their 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. The company offers 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. Their main focus has been on offering integrated services, mostly to Indian manufacturers of electrical components &  have the ability to perform precision metal stamping, assembly, and moulding. They  specialize in designing and manufacturing of precision sheet metal components, high speed metal stamping components, plastic injection mouldings, insert and over moulding, sub-assemblies and value added services for diverse industries like electronics, lighting and other engineering industries in India.They  are capable of producing the majority of above items from the initial stages of concept and design all the way through to final delivery to the customer. Over the past 13 years, they  believe that they have accumulated invaluable experience in helping their customers create new designs, incorporating cutting-edge technologies, and effectively utilizing our manufacturing facilities, equipment, and materials. As a result, they  are constantly improving our product offerings to better serve our customer’s needs. Electro Force (India) Limited  is set to debut its initial public offering (IPO). The proceeds generated from the Fresh Issue will be allocated towards the following objectives. 1. Funding additional working capital requirements of our Company; 1. Pursuing Inorganic Growth 1. General corporate purposes. Here are key details about the Electro Force (India) Limited IPO: Company Name| **Electro Force (India) Limited**|  | Electro Force (India) Limited IPO Opening Date| **December 19, 2023** ---|---|---|---|--- Company Incorporated On|**2010**Electro Force (India) Limited IPO Price band|**₹93 per share**

Financial performance (₹ Cr)

IPO Roadmap / Timeline

1. IPO Opens

   Completed
   19 Dec 2023

   Bidding starts for all investor categories

2. IPO Closes

   Completed
   21 Dec 2023

   Last day to place your bid

3. Basis of Allotment

   Completed
   21 Dec 2023

   Share allotment finalised

4. Refund Initiation

   Completed
   26 Dec 2023

   Refunds credited for non-allottees

5. Credit to Demat

   Completed
   22 Dec 2023

   Allotted shares credited to demat account

6. Listing on Exchange

   Completed
   27 Dec 2023

   Shares list on NSE / BSE

Post-close dates are indicative as per SEBI T+3 listing framework and may change per registrar updates.