The subscription period for Electro Force (India) Limited IPO commenced on December 19 and is scheduled to conclude on December 21, offering shares at a price range of ₹93 per share. Electro Force (India) Limited engages in the development and manufacturing of metal/plastic contact parts and electrical components for diverse industries in India. The IPO lot size is 1,200 shares, and investors can bid for a minimum of 1,200 shares and in multiples thereof. Utilizing metal stamping, injection moulding, and insert moulding techniques, Electro Force creates stamping components and plastic components for various electrical applications. The company's peers in the industry include Centum Electronics Limited (with a P/E of 191.78) and RIR Power Electronics Limited (with a P/E of 100.74), according to the information provided in the Red Herring Prospectus (RHP), where Electro Force (India) Limited has a P/E of 20.22.