Electro Force India Limited was originally incorporated as 'Electroforce (India) Private Limited' on June 14, 2010 with the Registrar of Companies, Mumbai. The status of Company was changed to Public Limited and name of the Company was changed to Electro Force (India) Limited on May 11, 2023.
The Company specialize in designing and manufacturing of precision sheet metal components, high speed metal stamping component, 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. Company operate the manufacturing unit from Vasai, Maharashtra. It provide services ranging from designing, manufacturing, quality testing and packaging to logistics.
The Company started in the year 2010 as Electro Force (India) Pvt Ltd. Since inception, the 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. Its core manufacturing capabilities include, High speed sheet metal stamping, Injection and insert molding, Progressive cold forging, High frequency welding and Automated and manual assembly and testing. In addition to these, the secondary operations include spot welding; specialty de-burring; passivation, cold forming, secondary stamping, riveting, tapping, finishing & tumbling, automated assembly, pad printi ...ng, stacking, grinding.
The Company launched the IPO by issuing 86,74,800 equity shares of face value Rs 10, and raised funds aggregating to Rs 80.68 crore, consisting a fresh issue of 60,00,000 equity shares amounting to Rs 55.80 crores and the offer for sale of 26,74,800 equity shares amounting to Rs 24.88 crore in December, 2023.
FAQs on Electro Force (India) Ltd
1. Can I buy Electro Force (India) Ltd from PL Capital? ›
Yes, you can invest in Electro Force (India) Ltd shares directly through PL Capital. Our platform provides a seamless and secure way to buy, hold, and track Electro Force (India) Ltd stock along with other leading companies listed on the NSE and BSE. Simply open a Demat and trading account with PL Capital, and you’ll be able to trade Electro Force (India) Ltd as well as diversify your portfolio across equities, mutual funds, IPOs, and more.
2. Does Electro Force (India) Ltd pay dividends? ›
Electro Force (India) Ltd does not currently pay dividends. Investors in this case primarily benefit from capital appreciation, where the value of the stock may rise over time depending on business growth and market conditions.
3. What is the current share price of Electro Force (India) Ltd ? ›
As of
01-Jan-1980 , 00:00:00 the share price for Electro Force (India) Ltd. is ₹ 27.6 on the NSE (Note: Prices are dynamic and update frequently during market hours).
4. What is the 52-week high and low of Electro Force (India) Ltd ? ›
The 52-week high and low of Electro Force (India) Ltd share price is ₹ - ₹ as of
01-Jan-1980 , 00:00:00 .