Foce India IPO Date, Price, GMP, Review, Allotment, Subscription, Analysis & Documents
- About Foce India
- Important Details – Foce India
- Objects of the Issue
- Foce India Limited Financials:
- Foce IPO Price – Details
- Foce India IPO DRHP & RHP
- Foce India IPO Lot Size
- Foce IPO Lead Managers
- Foce IPO Registrar
- Company Promoters
- Foce IPO Allotment Date, Listing Date and other Important Dates
- Company Peers – Comparison of Accounting Ratios
- Company Corporate Office
- Company Registered Office
- Foce India IPO – FAQS
About Foce India
The company is mainly engaged in the business of supply, distribution and retailing of various types of wrist watches such as Analog, Digital, Chronograph, Designer etc. which are either custom built or general in nature. The company revenue from wrist watches segments from Top 10 Customers aggregates to 94.88% (say around 95.00%). Further, the revenue for corporate gifting from top 10 customers aggregates to 4.41% (say around 4.00%).
Among these top customers, The company has a single largest customer constituting almost 91% of the total revenue. Apart from this, the company distribute and do retailing of wrist watches made under Brand Name “FOCE”
The company 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 constitutes around 4.41% of our total revenue
Important Details – Foce India
| Date | Details |
|---|---|
| January 10, 2001 | The company was originally incorporated as Heighten Trading Company Private Limited |
| December 30, 2020 | The company’s name was changed from Heighten Trading Company Private Limited to Foce India Private Limited |
| April 30, 2021 | The status of the Company was changed to public limited and the name of the company was changed to Foce India Limited |
Objects of the Issue
- To meet Working Capital Requirement
- General Corporate Purpose
- Meeting the Issue Expense
Foce India Limited Financials:
Summary of financial Information (Restated Consolidated Statement)
| Particulars | For the year ended (₹ in lakh) | ||
| 31-Mar-21 | 31-Mar-20 | 31-Mar-19 | |
| Total Assets | 3,748.54 | 1,118.18 | 1,404.88 |
| Total income | 7,689.83 | 5,444.44 | 6,208.18 |
| Total Expenses | 7,422.39 | 5,226.05 | 5,983.76 |
| Profit After Tax | 198.94 | 160.70 | 158.45 |
Foce IPO Price – Details
| Description | FOCE IPO Details |
|---|---|
| Public Issue | Initial Public Issue of upto 12,90,000 equity shares of ₹ 10 (aggregating up to ₹ 2,902.50 lakhs) comprising a fresh issue of upto 9,00,000 equity shares of ₹ 10 (aggregating up to ₹ 2025.00 lakhs) and an offer of sale upto 3,90,000 equity shares of ₹ 10 (aggregating up to ₹ 877.50 lakhs) |
| Issue Open Date | 13-Dec-21 |
| Issue Close Date | 17-Dec-21 |
| Issue Type | Fixed Price |
| IPO Price Band | ₹ 225 |
| Face Value | ₹ 10 |
| Market Lot | 600 Equity Shares and in multiples thereof |
| Minimum Order Quantity | 600 Equity Shares |
| Maximum Subscription Amount for Retail Investor | Rs. 2,00,000 |
| Listing | NSE SME |
| NSE Symbol | FOCE |
| IPO Market Timings | 10.00 a.m. to 5.00 p.m. |
Foce India IPO DRHP & RHP
Foce India IPO Lot Size
| Application | Lots | No of Shares | Amount (Rs) |
| Minimum | 1 | 600 | ₹ 1,35,000 |
| Maximum | 1 | 600 | ₹ 1,35,000 |
Foce IPO Lead Managers
- Mark Corporate Advisors Private Limited
Foce IPO Registrar
- Purva Sharegistry (India) Private Limited
Company Promoters
- Mr. Manoj Sitaram Agarwal
- Mrs. Anita Manoj Agarwal
- Mrs. Parmeshwari Sitaram Agarwal
Foce IPO Allotment Date, Listing Date and other Important Dates
| Details | Date |
|---|---|
| Bid / Offer Opens on | 13-Dec-21 |
| Bid / Offer Closes on | 17-Dec-21 |
| Finalisation of Basis of Allotment | 21-Dec-21 |
| Initiation of refunds | 22-Dec-21 |
| Credit of the Equity Shares | 23-Dec-21 |
| Listing Date | 27-Dec-21 |
Company Peers – Comparison of Accounting Ratios
| Name of Company | Face Value | EPS (Basic) (₹) | P/E Ratio | NAV (₹ per share) |
| Foce India Limited | 10 | 3.81 | 59.05 | 30.51 |
| KDDL Limited | 10 | 6.86 | 97.96 | 19.35 |
| Timex Group India Limited | 1 | 0.25 | 54.00 | 18.4 |
Company Corporate Office
1006, 10th Floor, Srikrishna,
New Link Road, Andheri West,
Mumbai- 400 053
Website: www.foceindia.com
Company Registered Office
4 Kingston, Shastri Nagar,
Lokhandwala Complex,
Andheri West, Mumbai-400 053,
Maharashtra
Foce India IPO – FAQS
What is the Foce India IPO Price?
The Foce India IPO price band is 225 per share
When Foce India IPO will open?
The Foce India IPO opens on Dec 13, 2021 and closes on Dec 17, 2021
What is the lot size of Foce India IPO?
The Foce India IPO lot size is 600 Equity Shares and the minimum order quantity is 600 Equity Shares
Who is the Registrar for Foce India IPO?
The Registrar for Foce India IPO is Purva Sharegistry (India) Private Limited
How to apply in Foce India IPO through UPI?
Check the step by step process here – Click here
How to apply in Foce India IPO through Zerodha?
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