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Electro Force: IPO, Share Price and Results Since Listing

Electro Force listed on NSE Emerge on 27 December 2023 after an IPO at INR 93 a share. On 11 November 2026 the shares closed at INR 18.75, 79.84% below the issue price. For H2 FY2026 it reported revenue of INR 9.65 crore (-73.78% on a year earlier) and a loss of INR 0.23 crore.

Key Facts

IPO dates
19 December 2023 to 21 December 2023
Issue price
INR 93
Issue size
INR 80.68 crore
Subscription
3.95 times
Lead manager
First Overseas Capital Limited
Listing day
opened at INR 100 (+7.53%), closed at INR 105 (+12.90%)
Listed on NSE Emerge
27 December 2023
Symbol
EFORCE
Latest close
INR 18.75 on 11 November 2026
Against issue price
-79.84%
Lot size now
1,200 shares (INR 22,500 at the latest close)

Results Filed With NSE

Standalone figures, INR crore. Change compares with the same period a year earlier.

PeriodRevenueChangeProfit after taxEPS (INR)Filed
H2 FY20269.65-73.78%-0.23-0.10after listing28 May 2026
FY202619.21-63.33%0.630.27after listing28 May 2026
H1 FY20269.56โ€“0.860.37after listing13 November 2025
H2 FY202536.81โ€“1.180.50after listing25 July 2025
FY202552.39โ€“1.280.55after listing25 July 2025

Promoter Holding

Promoter holding has moved from 62.93% on 22 December 2023 to 62.89% on 30 September 2026 (-0.04 percentage points).

As ofPromotersPublic
30 September 202662.89%37.11%
31 March 202662.89%37.11%
30 September 202562.89%37.11%
31 March 202562.93%37.07%
30 September 202462.93%37.07%
31 March 202462.93%37.07%
31 December 202362.93%37.07%
22 December 202362.93%37.07%

Next Board Meeting

13 November 2026: Financial results

Sources: NSE Emerge filings (results XBRL, shareholding pattern, board meetings), NSE daily price files, and IPO records. Prices are not adjusted for bonus issues or splits.