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December 19, 2023 - December 21, 2023

Electro Force India IPO FAQ

Electro Force India IPO Date & Price

The Electro Force India IPO opens on December 19, 2023 and closes on December 21, 2023.

Electro Force India IPO timetable / schedule is as below:
  • Bid/Offer Opens On: December 19, 2023
  • Bid/Offer Closes On: December 21, 2023
  • Finalization of Basis of Allotment: December 22, 2023
  • Initiation of refunds: December 26, 2023
  • Credit of Equity Shares: December 26, 2023
  • Listing Date: December 27, 2023

Electro Force India IPO price is set at ₹93 per equity share.

Electro Force India IPO will close for subscription at 5 PM on December 21, 2023. But most brokers stop accepting application between 1 PM to 3 PM.

The Electro Force India IPO starts on December 19, 2023. The issue ends on December 21, 2023.

Electro Force India IPO Issue Size and Subscription Status

The Electro Force India IPO size is 8674800 Equity Shares of ₹10 aggregating up to ₹80.68 Cr.

Electro Force (India) Limited is selling its shares to the public through an Initial Public Offer (IPO). Retail investors can apply online for Electro Force India IPO shares through the banks (using ASBA) or through the broker (using UPI).

Electro Force India IPO Offer Size

Qualified Institutional Buyers (QIB)0 Shares
Non-Institutional Investors (NII)4,119,600 Shares
Retail Individual Investor (RII)4,119,600 Shares
Employee Reservations0 Shares
Other Reservations0 Shares
Total Issue Size8,239,200 Shares

Electro Force India IPO IPO Subscription Status

Qualified Institutional Buyers (QIB) times
Non-Institutional Investors (NII)2.12 times times
Retail Individual Investor (RII)6.44 times times
Employee Reservations times
Other Reservations times
Total Issue Size4.28 times times

Click here to check the Electro Force India IPO live subscription status.

If you have a demat account, most banks offer the online IPO application. You could also contact your broker to apply in Electro Force India IPO.

Zerodha, the largest stockbroker in India, offers an online IPO application. You can apply for an IPO online with Zerodha by visiting https://zerodha.com/ipo

You could check Electro Force India IPO Grey Market Premium (GMP Rate) by visiting our IPO Grey Market Price (Message Board). Note that there is no official source of GMP Rate as it's a black market.

Electro Force India IPO Allotment and Listing

The Electro Force India IPO allot status will be available online on December 22, 2023. Check the Electro Force India IPO Allotment Status here.

Click here to check Electro Force India IPO Allotment Status.

Electro Force India IPO listing Date is December 27, 2023. The regular trading starts at 10 AM on listing day.BSE and NSE allow a pre-open trading on listing day. This 45 minutes session starts at 9 AM and ends at 9:45 AM. This session allows buyers and sellers to place/ modify /cancel orders. The next 15 minutes are for price discovery and processing orders placed in the pre-open trading session. The Electro Force India IPO listing date and time is published by the exchange in a circular.

Click here to view the Electro Force India IPO Basis of Allotment.

It is hard to say at what price Electro Force India IPO Shares will list. The price varies by the demand and supply of IPO shares on the day of listing.

The Electro Force India IPO shares will list on December 27, 2023 at NSE SME.

Electro Force India IPO - Should I apply?

Visit our IPO Analysis and Recommendations page to view IPO Notes from experts.

Sorry, we do not provide IPO recommendations. But we share a lot of information about Electro Force India IPO which could help you with questions like Electro Force India IPO buy or not? You should also read Electro Force India IPO Analysis from experts and check the daily subscription status.

It actually depends on many factors. This includes company financials, segment outlook, market situation, issue pricing, the background of promoters, lead managers performance, company strengths, risks and oversubscription. You should read the prospectus document, IPO Analysis from experts and follow the subscriptions.

Electro Force India IPO listing day gains are highly unpredictable as depends on many factors on the day listing. It depends on factors like the demand (IPO oversubscription), the market situation on the day of listing, Issue size etc.

Visit our IPO Performance Tracker to check the Electro Force India IPO performance. The performance reports are available 1 day after listing.