HomeIPO SMEFocus Business Solution Limited IPO Details

Focus Business Solution Limited IPO Details

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Focus Business Solution IPO Date, Price, GMP, Review, Allotment, Subscription, Analysis & Documents

About Focus Business Solution

Focus Business Solution Limited evolved as a financial services company and are engaged in the business of debt collection services for Banks, NBFC and financial institutions. The company enter the agreement with India’s leading banks, financial institutions and non-banking financial companies to act as authorised recovery/collection agents on behalf of them.

The company deploy the manpower to visit and collect overdue payments of loans / credit cards / credit facilities advanced to borrowers by the clients, who engage with us in service agreements.

Important Details – Focus Business Solution

DateDetails
November 10, 2006The Company was originally incorporated as “Focus Business Solution Private Limited” at Surat, Gujarat as a private limited company
March 24, 2020Consequent upon the conversion of the Company to public limited company, the name of the Company has been changed to “Focus Business Solution Limited”

Focus Business Solution IPO Price – Details

DetailsFOCUS IPO Details
Public IssuePublic issue 6,42,000 Equity Shares of ₹10  (aggregating up to ₹1.22 Cr)
Issue Open  Date30-Jun-21
Issue Close Date05-Jul-21
Issue TypeFixed Price
IPO Price Band₹ 19 per equity share
Face Value ₹ 10
Market Lot 6000 Equity Shares and in multiples thereof
Minimum Order Quantity 6000 Equity Shares
Maximum Subscription Amount for Retail InvestorRs. 2,00,000
Listing BSE SME
NSE SymbolFOCUS
IPO Market Timings 10.00 a.m. to 5.00 p.m.

Focus Business Solution IPO Lot Size

ApplicationLotsNo of SharesAmount (Rs)
Minimum160001,14,000
Maximum160001,14,000

Objects of the Issue

  1. To part finance working capital requirements of the Company;
  2. To meet General corporate purposes;
  3. To meet the expenses of the Issue.

Focus Business Solution IPO Lead Managers

  • Navigant Corporate Advisors Ltd

Focus Business Solution Registrar

  • Purva Sharegistry India Pvt Ltd

Focus Business Solution IPO Allotment Date, Listing Date and other Important Dates

DetailsDate
Bid / Offer Opens on30-Jun-21
Bid / Offer Closes on05-Jul-21
Finalisation of Basis of Allotment08-Jul-21
Initiation of refunds 09-Jul-21
Credit of the Equity Shares12-Jul-21
Commencement of trading – Listing13-Jul-21

Focus Business Solution IPO DRHP & RHP

Focus Business Solution IPO DRHP
Focus Business Solution IPO RHP

Focus Business Solution IPO – FAQS

When Focus Business Solution IPO will open ?

The Focus Business Solution IPO opens on June 30, 2021 and closes on July 05, 2021

What is the lot size of Focus Business Solution IPO ?

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Focus Business Solution IPO lot size is 6000 Shares and the minimum order quantity is 6000 Shares.

What is the price band for Focus Business Solution IPO ?

The Focus Business Solution IPO price band at Rs.19 per share

Who is the Registrar for Focus Business Solution IPO ?

The Registrar is Purva Sharegistry India Pvt Ltd

How to apply in Focus Business Solution IPO through UPI?

Check the step by step process here – Click here

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