Focus Business Solution Limited IPO
BSE SMEListed On: Jul 15, 2021 at ₹ 29.4
₹ 228000 /12000 Shares
*Min Investment
30 Jun, 2021
Open Date05 Jul, 2021
Close Date12 Jul, 2021
Allotment Date15 Jul, 2021
Listing DateIPO Issue Details
- Issue Price ₹19 per equity share
- Face Value ₹10 Per Equity Share
- Issue Price 642,000 Eq Shares of ₹10 (aggregating up to ₹1.22 Cr)
- Listing at BSE SME
- List Price 29.4
- Listing Date 2021-07-15
- Lead Manager Navigant Corporate Advisors Ltd
- Registrar Purva Sharegistry India Pvt Ltd
IPO Details
- Retail Portion N/A
IPO Documents
IPO Details
Focus Business Solution Limited IPO is an SME IPO, priced at ₹19 per equity share. The equity shares have a face value of ₹10 Per Equity Share each and will be listed on the BSE SME platform.
The IPO bidding window is open from Jun 30, 2021 to Jul 5, 2021. The allotment is expected to be finalized on Jul 12, 2021, and the tentative listing date is Jul 15, 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 | 3,00,000 | 3,00,000 | 6,00,000 |
Day 1 30-06-21 05:00 PM | 0.78 x | 1.36 x | 1.07 x |
Day 2 01-07-21 05:00 PM | 1.08 x | 2.82 x | 1.95 x |
Day 3 02-07-21 05:00 PM | 1.08 x | 4.3 x | 2.69 x |
Day 4 05-07-21 05:00 PM | 3.22 x | 10.1 x | 6.66 x |
Valuations
Company Financials
| 31-Dec-20 | 31-Mar-20 | 31-Mar-19 | 31-Mar-18 | |
|---|---|---|---|---|
| Assets | 4.68 | 3.95 | 4.15 | 3.44 |
| Revenue | 7.99 | 10.90 | 10.73 | 10.23 |
| Profit After Tax | 0.19 | 0.15 | 0.11 | 0.10 |
About Company
Incorporated in 2006, Focus Business Solutions Limited is engaged in the business of debt collection and recovery services for banks, financial institutions, and NBFCs. It takes strategic actions on delinquent accounts to recover overdue payments of loans, credit cards, and other credit facilities from customers.
The company follows a smart retail collection administrative programme (RCAP) to recover overdue payment on personal loans, business loans, vehicle loans, loan against properties, 2-wheeler loan, SME loans, gold loans, and others. It further has a well-equipped call center with 64 workstations to take regular follow-ups from defaulters on the due payments.
- Promoter(s)
Mr. Mohamedyaseen Muhammadbhai Nathani
Mr. Mohamedamin Mohammad Nathani
Pre Issue Share Holding : N/A%
Post Issue Share Holding : N/A%
IPO - Issue Objectives
Meet working capital requirements.
To meet general corporate purposes.
Meet issue expenditures.
IPO - FAQs
Ans. Focus Business Solution Limited IPO is a SME IPO. The issue is priced at ₹19 per equity share. The minimum order quantity is 6000 Shares. The IPO opens on Jun 30, 2021, and closes on Jul 5, 2021. Purva Sharegistry India Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Ans. The Focus Business Solution Limited IPO opens on Jun 30, 2021 and closes on Jul 5, 2021.
Ans. You can track the real-time subscription numbers using the links below:
Ans. The size of Focus Business Solution Limited IPO is 642,000 Eq Shares of ₹10 (aggregating up to ₹1.22 Cr).
Ans. The Focus Business Solution Limited IPO price band is set between ₹19 per equity share.
Ans. To apply for Focus Business Solution Limited IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find Focus Business Solution 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 Focus Business Solution Limited IPO is Jul 12, 2021.
Ans. The Focus Business Solution Limited IPO will be listed on Jul 15, 2021.
Ans. Follow the steps to check the Focus Business Solution Limited IPO allotment status online.
