Focus Business Solution Limited IPO
BSE SME₹114,000 / 6000 Shares
Focus Business Solution Limited IPO Details
The Focus Business Solution Limited IPO price band is set between ₹19 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 BSE SME.
The IPO date for subscription opens on 30 Jun, 2021 and closes on 5 Jul, 2021. Investors can check the allotment status on 12 Jul, 2021, while the listing date is tentatively scheduled for 15 Jul, 2021.
The total issue size is 642,000 Eq Shares of ₹10 , aggregating up to ₹1.22 Cr. Stay tuned for the latest Focus Business Solution Limited IPO review and GMP updates.
Focus Business Solution Limited IPO Review, Rating & Analysis
Focus Business Solution Limited IPO Review
NO REVIEWFocus Business Solution Limited IPO Rating
Focus Business Solution Limited IPO Highlights
IPO Date
Jun 30, 2021 - Jul 5, 2021
Listing Date
15 Jul, 2021
Face Value
₹10 Per Equity Share
Price Band
₹19 per equity share
Lot Size
-
Fresh Issue
Shares
Offer for Sale
-
Listing At
BSE SME
Focus Business Solution Limited IPO Lot Size
The minimum market lot for Focus Business Solution Limited IPO is 6000 shares with an application amount of ₹1,14,000. 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 | 6000 | ₹1,14,000 |
| Retail (Max) | 1 | 6000 | ₹1,14,000 |
| S-HNI (Min) | 2 | 12000 | ₹2,28,000 |
| S-HNI (Max) | 8 | 48000 | ₹9,12,000 |
| B-HNI (Min) | 9 | 54000 | ₹10,26,000 |
Focus Business Solution Limited IPO Timeline
Issue Price
₹19 per equity shareFace Value
₹10 Per Equity ShareListing at Group
BSE SMERegistrar
Purva Sharegistry India Pvt LtdLead Manager
Navigant Corporate Advisors LtdIssue Size
642,000 Eq Shares of ₹10 (aggregating up to ₹1.22 Cr)Focus Business Solution Limited IPO Financial Information
| Period Ended | Assets | Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing |
|---|---|---|---|---|---|---|
| 31 Dec 20 | 4.68 | 7.99 | 0.19 | - | - | - |
| 31 Mar 20 | 3.95 | 10.90 | 0.15 | - | - | - |
| 31 Mar 19 | 4.15 | 10.73 | 0.11 | - | - | - |
| 31 Mar 18 | 3.44 | 10.23 | 0.10 | - | - | - |
All values are in ₹ Cr.
Promoters & Share Holding
Promoter(s) Name
- Mr. Mohamedyaseen Muhammadbhai Nathani
- Mr. Mohamedamin Mohammad Nathani
| Share Holding Pre Issue | Share Holding Post Issue |
|---|---|
| N/A% | N/A% |
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.
Focus Business Solution Limited IPO 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 |
Frequently Asked Questions about Focus Business Solution Limited IPO IPO
When will Focus Business Solution Limited IPO open for subscription?
The Focus Business Solution Limited IPO opens on 30 Jun, 2021 and closes on 5 Jul, 2021.
What is the investors portion for Focus Business Solution Limited IPO?
The investors' portion for QIB is , NII is N/A, and Retail is 300000.
How to apply for Focus Business Solution Limited IPO?
You can apply for Focus Business Solution 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 Focus Business Solution Limited IPO?
The issue size of Focus Business Solution Limited IPO is approx ₹642,000 Eq Shares of ₹10 (aggregating up to ₹1.22 Cr) crores.
What is the price band of Focus Business Solution Limited IPO?
The price band for Focus Business Solution Limited IPO is ₹19 per equity share to ₹undefined.
What is the lot size of Focus Business Solution Limited IPO?
The minimum bid (lot size) for Focus Business Solution Limited IPO is N/A shares with an investment of approx ₹114,000 .
What is the allotment date of Focus Business Solution Limited IPO?
The allotment date for Focus Business Solution Limited IPO is 12 Jul, 2021.
What is the listing date of Focus Business Solution Limited IPO?
The listing date for Focus Business Solution Limited IPO is expected to be 15 Jul, 2021.
What is the GMP of Focus Business Solution Limited IPO?
The latest Grey Market Premium (GMP) for Focus Business Solution 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.