Focus Business Solution Limited IPO
BSE SMEListed On: Jul 15, 2021 at ₹ 29.4
₹ 114000 /6000 Shares
Check AllotmentIPO Details
30 Jun, 2021
Open Date05 Jul, 2021
Close Date12 Jul, 2021
Allotment Date15 Jul, 2021
Listing DateIssue Price
₹19 per equity shareFace Value
₹10 Per Equity ShareListing at Group
BSE SMERegistrar
Purva Sharegistry India Pvt LtdList Price
29.4Listing Date
2021-07-15Market Lot
6000 Shares (₹114,000/-)Lead Manager
Navigant Corporate Advisors LtdIssue Size
642,000 Eq Shares of ₹10 (aggregating up to ₹1.22 Cr)Retail Portion
N/ASubscription
6.66 timesIPO Docs
DRHPIPO Subscription 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
Earnings Per Share (EPS)
₹N/A/-P/E Ratio
N/ARoNW
N/A%Net Asset Value (NAV) - Post Issue
₹N/A/-Company Financials All values are in ₹ Cr.
| 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 The 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)
Pre Issue Share Holding: N/A%
Post Issue Share Holding: N/A%
Company Promoter(s)
- Mr. Mohamedyaseen Muhammadbhai Nathani
- Mr. Mohamedamin Mohammad Nathani
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. The size of Focus Business Solution Limited IPO is 642,000 Eq Shares of ₹10 (aggregating up to ₹1.22 Cr).
Ans. The IPO price band is set between ₹19 per equity share.
Ans. To apply for Focus Business Solution Limited IPO 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 allotment status for Focus Business Solution Limited IPO here.
