Foce India Limited IPO
NSE SME₹135,000 / 600 Shares
Foce India Limited IPO Details
The Foce India Limited IPO price band is set between ₹225 per equity share, with a face value of ₹10 per share. The issue is managed by Purva Sharegistry India Pvt Ltd, and the equity shares are proposed to be listed on the NSE SME.
The IPO date for subscription opens on 13 Dec, 2021 and closes on 17 Dec, 2021. Investors can check the allotment status on 22 Dec, 2021, while the listing date is tentatively scheduled for 28 Dec, 2021.
The total issue size is 1,290,000 Eq Shares of ₹10, aggregating up to ₹29.03 Cr. Stay tuned for the latest Foce India Limited IPO review and GMP updates.
Foce India Limited IPO Review, Rating & Analysis
Foce India Limited IPO Review
NO REVIEWFoce India Limited IPO Rating
Foce India Limited IPO Highlights
IPO Date
Dec 13, 2021 - Dec 17, 2021
Listing Date
28 Dec, 2021
Face Value
₹10 Per Equity Share
Price Band
₹225 per equity share
Lot Size
-
Fresh Issue
Shares
Offer for Sale
-
Listing At
NSE SME
Foce India Limited IPO Lot Size
The minimum market lot for Foce India Limited IPO is 600 shares with an application amount of ₹1,35,000. Retail investors can apply for up to 1 lots. The table below details the minimum and maximum investment limits for Retail and HNI investors.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 600 | ₹1,35,000 |
| Retail (Max) | 1 | 600 | ₹1,35,000 |
| S-HNI (Min) | 2 | 1200 | ₹2,70,000 |
| S-HNI (Max) | 7 | 4200 | ₹9,45,000 |
| B-HNI (Min) | 8 | 4800 | ₹10,80,000 |
Foce India Limited IPO Timeline
Issue Price
₹225 per equity shareFace Value
₹10 Per Equity ShareListing at Group
NSE SMERegistrar
Purva Sharegistry India Pvt LtdLead Manager
Mark Corporate Advisors Private LimitedIssue Size
1,290,000 Eq Shares of ₹10(aggregating up to ₹29.03 Cr)Foce India Limited IPO Financial Information
| Period Ended | Assets | Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing |
|---|---|---|---|---|---|---|
| 31 Mar 21 | 37.48 | 76.89 | 1.98 | - | - | - |
| 31 Mar 20 | 11.18 | 54.44 | 1.60 | - | - | - |
| 31 Mar 19 | 14.04 | 62.08 | 1.58 | - | - | - |
All values are in ₹ Cr.
Promoters & Share Holding
Promoter(s) Name
- Mr. Manoj Sitaram Agarwal
- Mrs. Anita agarwal
- Mrs. Parmeshwari Agarwal
| Share Holding Pre Issue | Share Holding Post Issue |
|---|---|
| 99.99% | 73.63% |
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.
Foce India Limited IPO Subscription 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 |
Frequently Asked Questions about Foce India Limited IPO IPO
When will Foce India Limited IPO open for subscription?
The Foce India Limited IPO opens on 13 Dec, 2021 and closes on 17 Dec, 2021.
What is the investors portion for Foce India Limited IPO?
The investors' portion for QIB is , NII is N/A, and Retail is 612600.
How to apply for Foce India Limited IPO?
You can apply for Foce India Limited IPO via ASBA online through your bank account. You can also apply via UPI through stock brokers like Zerodha, Upstox, or Paytm Money.
What is the issue size of Foce India Limited IPO?
The issue size of Foce India Limited IPO is approx ₹1,290,000 Eq Shares of ₹10(aggregating up to ₹29.03 Cr) crores.
What is the price band of Foce India Limited IPO?
The price band for Foce India Limited IPO is ₹225 per equity share to ₹undefined.
What is the lot size of Foce India Limited IPO?
The minimum bid (lot size) for Foce India Limited IPO is N/A shares with an investment of approx ₹135,000 .
What is the allotment date of Foce India Limited IPO?
The allotment date for Foce India Limited IPO is 22 Dec, 2021.
What is the listing date of Foce India Limited IPO?
The listing date for Foce India Limited IPO is expected to be 28 Dec, 2021.
What is the GMP of Foce India Limited IPO?
The latest Grey Market Premium (GMP) for Foce India Limited IPO is being updated regularly on IPOROCK.
Parth D.
Founder & Lead Analyst
Parth D. is a software engineer and financial analyst who brings a quantitative edge to IPO tracking. With deep expertise in algorithmic trading and financial tool development, he builds the technology that powers IPORock's real-time data engines. He has been tracking the Indian market since 2018.