Electro Force IPO GMP Today ( Grey Market Premium )

Electro Force IPO GMP Today ( Grey Market Premium )

The Electro Force IPO commenced on December 19, 2023, and concluded on December 21, 2023. The allotment of shares took place on December 22, 2023, and the initiation of refunds began on December 26, 2023. The shares were credited to the demat accounts of investors on December 26, 2023. Finally, the listing of Electro Force on the stock exchange occurred on December 27, 2023.

The Electro Force IPO was priced at ₹93 per share, with a lot size of 1200 shares. The total issue size was ₹80.68 crores, comprising a fresh issue of 55.80 crores and an offer for sale of ₹24.88 crores. The IPO was listed on the NSE SME.

In terms of quota reservations, the other quota was reserved for 50% of the shares and the retail quota was reserved for 50% of the shares.

Electro Force India IPO Basic Details

Company NameElectro Force India Limited
Domain of CompanyManufacturing Electrical Parts & Components
Electro Force IPO GMP Today₹0.00
Electro Force IPO Listing Gain0.00%
Electro Force IPO Open DateDecember 19, 2023
Electro Force IPO Close DateDecember 21, 2023
Electro Force IPO Allotment DateDecember 22, 2023
Electro Force IPO Listing DateDecember 27, 2023
Face Value₹10 per share
Price₹93 per share
Lot Size1200 Shares
Issue Size8,674,800 shares of ₹10
(aggregating up to ₹80.68 Cr)
Fresh Issue6,000,000 shares of ₹10
(aggregating up to ₹55.80 Cr)
Offer for Sale2,674,800 shares of ₹10
(aggregating up to ₹24.88 Cr)
Issue TypeFixed Price Issue IPO
Listing AtNSE SME
Company PromotersAyesspea Holdings and Investments Private Limited,
Garuda Television Private Limited, and
Pravin Kumar Brijendra Kumar Agarwal

Electro Force IPO GMP Today:

DateGMPListing GainKostakSubject to
17 December 2023₹00.00%

Electro Force IPO Details:

Established in 2010, Electro Force (India) Limited creates and produces electrical components and metal/plastic contact parts for various industries in India, including electronics, lighting, switchgear, and related sectors.

At Electro Force, we specialize in designing and manufacturing stamping components and plastic parts through processes such as metal stamping, injection molding, and insert molding. Our products cater to a range of applications, including electrical Miniature Circuit Breakers (MCBs), 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.

In addition to our product offerings, we extend our services to encompass quality testing, packaging, assembly, secondary operations, and logistics.

Our manufacturing facility, located in Vasai, Maharashtra, spans over 10,000 square feet and operates under a leasing arrangement.

Electro Force IPO More Details Click Here

Electro Force IPO FAQs

When is Electro Force IPO open?

Electro Force IPO will open on 19 December 2023.

When is Electro Force IPO Close?

Electro Force IPO will be closed on 21 December 2023.

What is Electro Force IPO GMP Today?

The Electro Force IPO GMP aka Grey Market Premium is ₹0.

What is Electro Force IPO Kostak Rates Today?

The Electro Force IPO Kostak Rate is ₹000.

What is Electro Force IPO Subject to Sauda Price Today?

The Electro Force IPO subject to sauda rates is ₹000.

Electro Force IPO Expected Returns?

The Electro Force expected return is 0.00%.

How much will be the listing gain in Electro Force IPO?

Electro Force IPO will get listing gain of 0.00%. (Approx.)

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