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15 Days Price Change

Electro Force(India) IPO

Closing In

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WEBSITE Inc. Year: 2010 Industry: Electronics - Components Listed Page

Profile
Issue Size --
Profile
Price Range 93  to  93 per share
Profile
Min Investment ₹93
Profile
Lot Size 1
Profile
Face Value ₹10
Profile
Draft Prospectus
Invest Before the IPO Goes Live

Buy unlisted shares early and participate in the growth before public listing.

Profile
  • Basic Info
  • IPO Tentative Timetable
  • IPO Lot Size
  • Subscription Status
  • Financials
  • Profit & Loss
  • Balance Sheet
  • Cash Flow
  • Ratios
  • Growth Rates
  • Other info

Overview

Electro Force India Ltd is a dynamic and innovative company specializing in the development and manufacturing of cutting-edge electrical solutions. With a focus on delivering high-quality products and services, the company has established itself as a leading player in the Indian electrical industry. Electro Force India Ltd is known for its commitment to technological advancements, offering a diverse range of products that cater to various sectors, including power distribution, automation, and energy management. The company's dedicated team of professionals ensures customer satisfaction by providing reliable and efficient solutions tailored to meet the evolving needs of the market. As a forward-thinking entity, Electro Force India Ltd continues to contribute to the growth of India's infrastructure and industrial landscape through its progressive approach to electrical engineering. Read More

Basic Info

Face Value 10 per share

Price 93  to  93 per share

P/E (x) 155

Sales( Cr.) 52

PAT( Cr.) 1

EPS 0.6

Draft Prospectus

Exchange NSE-SME

Promoter

Company Promoters

Ayesspea Holdings and Investments Private Limited Garuda Television Private Limited Pravin Kumar Brijendra Kumar Agarwal

Pre Issue Share Holding 64.06%

Post Issue Share Holding 35.44%

Listing Details:

Listing Price: 100

Listing Gain: 7%

Current Price: 23.5

Gain On Issue: 23.5 | 0%

GMP: --

GMP %: -- %

IPO Tentative Timetable

Opening Date Dec 19, 2023
Closing Date Dec 21, 2023
Allotment Dec 22, 2023
Refund Dec 25, 2023
Delivery of Shares Dec 25, 2023
Listing Date Dec 26, 2023

IPO Lot Size

Application Lots Shares Amount
Retail (Min) 1 1200 111,600
Retail (Max) 1 1200 111,600
S-HNI (Min) 2 2400 223,200
S-HNI (Max) 8 9600 892,800
B-HNI (Min) 9 10800 1,004,400

Objective of the Issue

1. Funding additional working capital requirements of the company 2. Pursuing Inorganic Growth 3. General corporate purposes

Issue

Category Nos Bid Bid (x)
QIB 0 0 0x
NII 4337400 9195288 2.1x
Retail 4337400 27932856 6.4x
EMP 0 0 0x
Total 8674800 37128144 4.3x

Net Sales (in cr.)

Total Income (in cr.)

Operating Profit (in cr.)

Net Profit (in cr.)

Shareholder Funds (in cr.)

Total Assets (in cr.)

Electro Force(India) Profit & Loss

#(Fig in Cr.) Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 TTM
Net Sales 16 34 30 36 52
Other Income 0 0 0 0 1
Total Income 16 34 30 37 53
Total Expenditure 17 23 19 28 51
Operating Profit -1 11 12 9 2
Interest 0 0 0 0 0
Depreciation 1 1 1 1 1
Exceptional Income / Expenses 0 0 0 0 0
Profit Before Tax -2 11 11 8 2
Provision for Tax -0 2 3 2 0
Profit After Tax -2 9 8 6 1
Adjustments 0 0 0 0 0
Profit After Adjustments -2 9 8 6 1
Adjusted Earnings Per Share -1.3 5 1.3 2.5 0.5

Electro Force(India) Balance Sheet

#(Fig in Cr.) Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Shareholder's Funds 2 10 18 70 71
Minority's Interest 0 0 0 0 0
Borrowings 6 9 0 0 0
Other Non-Current Liabilities 0 -0 -0 -0 -0
Total Current Liabilities 10 29 54 15 5
Total Liabilities 17 47 72 85 76
Fixed Assets 7 3 3 3 2
Other Non-Current Assets 0 0 0 1 18
Total Current Assets 10 44 69 81 55
Total Assets 17 47 72 85 76

Electro Force(India) Cash Flow

#(Fig in Cr.) Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Opening Cash & Cash Equivalents 1 1 10 1 1
Cash Flow from Operating Activities 3 4 -0 -45 17
Cash Flow from Investing Activities -4 3 -0 -1 -16
Cash Flow from Financing Activities 0 3 -9 46 -0
Net Cash Inflow / Outflow -0 10 -9 0 1
Closing Cash & Cash Equivalent 1 10 1 1 2

Electro Force(India) Ratios

# Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Earnings Per Share (Rs) -1.29 4.97 1.27 2.46 0.55
CEPS(Rs) -0.83 5.45 1.39 2.74 0.78
DPS(Rs) 0 0 0 0 0
Book NAV/Share(Rs) 0.99 5.95 3.03 30 30.55
Core EBITDA Margin(%) -9.82 33.16 38.68 24.4 2.98
EBIT Margin(%) -14.04 30.84 36.5 22.99 3.74
Pre Tax Margin(%) -14.43 30.8 35.32 21.64 3.32
PAT Margin (%) -14.21 25.13 25.51 15.79 2.44
Cash Profit Margin (%) -9.18 27.56 27.82 17.59 3.47
ROA(%) -13.03 26.77 12.94 7.33 1.59
ROE(%) -130.45 143.18 53.76 12.99 1.81
ROCE(%) -29.15 79.41 58.89 18.92 2.77
Receivable days 129.71 50.68 64.14 54.51 87
Inventory Days 48.32 21.89 88.95 112.82 80.51
Payable days 98.76 75.16 96.16 63.98 29.9
PER(x) 0 0 0 33.36 53.83
Price/Book(x) 0 0 0 2.73 0.96
Dividend Yield(%) 0 0 0 0 0
EV/Net Sales(x) 0.65 0.1 0.54 5.23 1.28
EV/Core EBITDA(x) -7.22 0.31 1.4 21.12 26.85
Net Sales Growth(%) 0 118.49 -12.05 20.45 43.78
EBIT Growth(%) 0 580.07 4.07 -24.13 -76.59
PAT Growth(%) 0 486.37 -10.7 -25.46 -77.74
EPS Growth(%) 0 486.37 -74.34 92.88 -77.74
Debt/Equity(x) 3.42 0.85 0 0 0
Current Ratio(x) 1.01 1.53 1.27 5.3 11.47
Quick Ratio(x) 0.82 1.46 1.04 4.66 8.72
Interest Cover(x) -35.7 757.76 31.07 17.04 8.84
Total Debt/Mcap(x) 0 0 0 0 0

Sihora Industries Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR 44% 15% 0% 0%
Operating Profit CAGR -78% -43% 0% 0%
PAT CAGR -83% -52% 0% 0%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR -48% NA% NA% NA%
ROE Average 2% 23% 16% 16%
ROCE Average 3% 27% 26% 26%

Company Contact Information

Electro Force (India) Ltd.

39/5, Village - Waliv Taluka - Vasai (East) Thane

IPO Lead Manager(s)

Electro Force (India) Ltd.

First Overseas Capital Limited

Registrar Info

Electro Force (India) Ltd.

Frequently Asked Questions

All You Need To Know About IPO

When you leave without vesting, generally unvested ESOPs are cancelled. Vested ESOPs usually can be exercised after you depart, often within 3 to 6 months, depending on the company's ESOP plan.

For companies listed on a stock exchange, you can sell the shares any time after you exercise the ESOP option and the shares are in your demat account. If the company is unlisted or otherwise a startup, you can only sell the shares if and when the company announces a buyback or has a process for secondary sales.

Whenever you exercised your options to hold shares, you entered into a market risk situation, and if the valuation of the company drops, so do the shares.

Yes. ESOPs are valuable to the employer in that the employer is able to retain the best talent, align employee interests with company goals, and preserve cash while rewarding performance.

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