Electro Force (India) Limited
ListedSMEEmerging SME Services · NSE
About Electro Force (India) Limited Founded in 2010, Electro Force (India) Limited specializes in designing and manufacturing electrical components and metal/plastic contact parts for electronics, lighting, switchgear, and related industries in India. What They Do The company produces stamping and plastic components using metal stamping, injection molding, and insert molding. Their products include: Miniature Circuit Breakers (MCBs) 63A Electrical Manual Transfer Switches MCCBs & RCBs Brushless DC Motors for medical devices, aerospace, defense, and automation Electrical Motor Starters Electrical Control Gears & Switches Additional Services Electro Force also offers quality testing, packaging, assembly, secondary operations, and logistics services to ensure high standards and efficiency. Manufacturing Facility The company operates from a leased manufacturing facility in Vasai, Maharashtra, covering over 10,000 square feet. With a strong focus on precision, quality, and innovation, Electro Force (India) Limited continues to serve key industries with high-performance electrical components.
Price Band
₹93
Issue Size
₹80.68 Cr
Lot Size
1200 shares
GMP
—
Est. Listing
₹93
at current GMP
Subscribed
4.33x
overall
Open
19 Dec 2023
Close
21 Dec 2023
Allotment
23 Dec 2023
Refund
24 Dec 2023
Demat Credit
25 Dec 2023
Listing
27 Dec 2023
Last updated 12 days ago
Live Grey Market Premium
Electro Force (India) Limited GMP Today
Last updated: 19 Oct 2026
Current Premium
₹00.0%
Issue Price (Upper)
₹93
Band: ₹93
Estimated Listing Price
₹93
Upper price + GMP
Lot Size
1200 shares
Min investment ₹1,11,600
Estimated Profit / Lot
₹0
1200 × ₹0
Electro Force (India) Limited GMP Historical Trend
GMP History
Grey Market Premium trend
—
▲ 0 today
Updated 1 minute ago
Estimated Listing Price
| Date | GMP (₹) | GMP % | Est. Listing |
|---|---|---|---|
| 31 Oct 2026 | — | 0.0% | ₹93 |
| 30 Oct 2026 | — | 0.0% | ₹93 |
| 29 Oct 2026 | — | 0.0% | ₹93 |
GMP is unofficial market data. Not a guarantee of listing performance.
About Electro Force (India) Limited Public Issue & Market Profile
Electro Force (India) Limited is bringing an initial public offering (IPO) in the Emerging SME Services sector with an aggregate issue size of ₹80.68 Crores. The shares are offered at a price band of ₹93 to ₹93 per equity share on NSE. Currently, grey market participants and retail investors are watching the bidding trend, premium movement, and anchor book demand with keen interest.
Public Issue & Pricing Context:
Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 1200 shares (approx. ₹1,11,600 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.
Basis of Allotment & Listing Timeline:
Allotment reconciliation will be managed by Skyline Financial Services Private Ltd. Eligible allottees will receive credit of equity shares into their Demat accounts by 2023-12-25, while un-allotted funds or UPI block mandates will be released on 2023-12-24.
Frequently Asked Questions
What is Electro Force (India) Limited IPO GMP today?
The latest grey market premium for Electro Force (India) Limited IPO is ₹0, which indicates an expected listing price of ₹93.
What does Kostak Rate and Sauda mean in IPO GMP?
Kostak rate is the profit amount an investor earns by selling their entire IPO application in the grey market before allotment is finalized.
Is Grey Market Premium officially recognized?
No. GMP is an unofficial indicator discovered between dealers outside of SEBI-regulated exchanges. Actual listing price is determined by demand-supply discovery on NSE/BSE during the pre-open auction.