Foce India Limited IPO
NSE SMEListed On: Dec 28, 2021 at ₹ 225.00
₹ 270000 /1200 Shares
*Min Investment
13 Dec, 2021
Open Date17 Dec, 2021
Close Date22 Dec, 2021
Allotment Date28 Dec, 2021
Listing DateIPO Issue Details
- Issue Price ₹225 per equity share
- Face Value ₹10 Per Equity Share
- Issue Price 1,290,000 Eq Shares of ₹10(aggregating up to ₹29.03 Cr)
- Listing at NSE SME
- List Price 225.00
- Listing Date 2021-12-28
- Lead Manager Mark Corporate Advisors Private Limited
- Registrar Purva Sharegistry India Pvt Ltd
IPO Details
- Retail Portion N/A
IPO Details
Foce India Limited IPO is an SME IPO, priced at ₹225 per equity share. The equity shares have a face value of ₹10 Per Equity Share each and will be listed on the NSE SME platform.
The IPO bidding window is open from Dec 13, 2021 to Dec 17, 2021. The allotment is expected to be finalized on Dec 22, 2021, and the tentative listing date is Dec 28, 2021.
The registrar of the IPO is Purva Sharegistry India Pvt Ltd, and
IPO Subscription Analysis And Details
| As on | QIB / NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 612,600 | 612,600 | 1,225,200 |
Day 1 13-12-21 06:00 PM | 0.15 x | 0.60 x | 0.38 x |
Day 2 14-12-21 06:00 PM | 0.30 x | 0.91 x | 0.60 x |
Day 3 15-12-21 06:00 PM | 0.72 x | 1.12 x | 0.92 x |
Day 4 16-12-21 06:00 PM | 1.13 x | 1.41 x | 1.27 x |
Day 5 17-12-21 06:00 PM | 1.29 x | 1.84 x | 1.57 x |
Valuations
Company Financials
| 31-Mar-21 | 31-Mar-20 | 31-Mar-19 | |
|---|---|---|---|
| Assets | 37.48 | 11.18 | 14.04 |
| Revenue | 76.89 | 54.44 | 62.08 |
| Profit After Tax | 1.98 | 1.60 | 1.58 |
About Company
Incorporated in 2001, Foce India is mainly engaged in the business of supply, distribution, and retailing of various types of wristwatches such as Analog, Digital, Chronograph, Designer, etc. These watches are either custom-built or are general in nature. The company supplies wristwatches in bulk to their top 5 Institutional customers constituting approximately 95% of the company's total revenue. The company also distributes and retails wristwatches made under Brand Name FOCE which contributes to 2% of their revenues. Foce India is also involved in the business of corporate gifting (such as Time Piece, Wall Clocks, Belts, Ties, Wallets, Pens, Goggles, etc.) ornamental packaging boxes for watches, selling of watches and other products under royalty brands which constitute around 3% of their total revenue.On April 06, 2021, Foce India incorporated a wholly-owned subsidiary company namely FO Industries Private Limited in Mumbai with an object to carry on the business of manufacturing/ assembling watches and other products and the facilities is being located at Bhiwandi, Near Mumbai.
Read More- Promoter(s)
Mr. Manoj Sitaram Agarwal
Mrs. Anita agarwal
Mrs. Parmeshwari Agarwal
Pre Issue Share Holding : 99.99%
Post Issue Share Holding : 73.63%
IPO - Issue Objectives
To meet Working Capital Requirement
General Corporate Purpose
Meeting the Issue Expense
IPO - FAQs
Ans. Foce India Limited IPO is a SME IPO. The issue is priced at ₹225 per equity share. The minimum order quantity is 600 Shares. The IPO opens on Dec 13, 2021, and closes on Dec 17, 2021. Purva Sharegistry India Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
Ans. The Foce India Limited IPO opens on Dec 13, 2021 and closes on Dec 17, 2021.
Ans. You can track the real-time subscription numbers using the links below:
Ans. The size of Foce India Limited IPO is 1,290,000 Eq Shares of ₹10(aggregating up to ₹29.03 Cr).
Ans. The Foce India Limited IPO price band is set between ₹225 per equity share.
Ans. To apply for Foce India Limited IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find Foce India Limited IPO in the List of IPOs
- - Press Apply Button
- - Select Your Demat Account
- - Select Your Shares Quantity and Submit
- - Track Your IPO Status
Ans. The share allotment date of Foce India Limited IPO is Dec 22, 2021.
Ans. The Foce India Limited IPO will be listed on Dec 28, 2021.
Ans. Follow the steps to check the Foce India Limited IPO allotment status online.
