Focus Business Solution IPO is opens on 30 June and closes on 05 July 2021. Focus Business Solution incorporated in 2006 based in Gujarat. Focus Business Solution is engaged in debt collection and recovery services. Focus Business Solution is providing their services to banks, financial institutions, and NBFCs. They plan strategic action to recover overdue payments of loans, credit cards, and other credit facilities from customers. They have their call centers and 64 work stations for follow-ups for the recovery of debt from defaulters on the due payments. They have branches in Vapi, Anand, Ahmedabad, Rajkot, Palampur, etc. The IPO price band is set at ₹19 with market lot of 6000 shares. Focus Business Solution is a BSE SME IPO and they are going to raise ₹1.22 crores via SME IPO. Check out Focus Business Solution IPO date, price band and market lot details.
Focus Business Solution IPO Details
| IPO Opening Date | Jun 30, 2021 |
| IPO Closing Date | Jul 05, 2021 |
| Issue Type | Fixed Price Issue IPO |
| Face Value | ₹10 per equity share |
| IPO Price | ₹19 per equity share |
| Market Lot | 6000 Shares |
| Min Order Quantity | 6000 Shares |
| Listing At | BSE SME |
| IPO Issue Size | 6,42,000 Eq Shares of ₹10 (aggregating up to ₹1.22 Cr) |
Focus Business Solution IPO Lot Size
The Focus Business Solution IPO market lot size is 6000 shares. A retail-individual investor can apply for up to 1 lots (6000 shares or ₹114,000).
| Application | Lots | Shares | Amount (Cut-off) |
|---|---|---|---|
| Minimum | 1 | 6000 | ₹114,000 |
| Maximum | 1 | 6000 | ₹114,000 |
Focus Business Solution Company Financials:
| Particulars | For the year/period ended (₹ in lakhs) | |||
|---|---|---|---|---|
| 31-Dec-20 | 31-Mar-20 | 31-Mar-19 | 31-Mar-18 | |
| Total Assets | 468.19 | 395.66 | 415.64 | 344.76 |
| Total Revenue | 799.19 | 1,090.73 | 1,073.97 | 1,023.76 |
| Profit After Tax | 19.74 | 15.25 | 11.77 | 10.99 |
Objects of the Issue:
- Meet working capital requirements.
- To meet general corporate purposes.
- Meet issue expenditures.
Focus Business Solution IPO Form
How to apply the Focus Business Solution IPO? You can apply Focus Business Solution IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Focus Business Solution IPO in the Invest section. The other option you can apply Focus Business Solution IPO via IPO forms download via BSE. Check out the Focus Business Solution forms - click BSE Forms blank IPO forms download, fill and submit in your bank or with your broker.
Focus Business Solution IPO Promoter Holding
| Pre Issue Share Holding | 0% |
| Post Issue Share Holding | 0% |
About Focus Business Solution
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 IPO Prospectus
Focus Business Solution Limited
703, Rajhans Complex, Nr. Kadiwala School
Ring Road, Surat, Gujarat-395,002, India
Phone: +91 261 4002823
Email: focusbsl2006@gmail.com
Website: http://www.focusbsl.com/
Focus Business Solution IPO Registrar
Purva Sharegistry India Pvt Ltd
9, Shiv Shakti Industrial Estate,
JR Borica Marg,
Lower Parel (East), Mumbai - 400 011
Phone: +91-022-23018261/ 23016761
Email: support@purvashare.com
Website: http://www.purvashare.com
Focus Business Solution IPO Lead Manager(s)
- Navigant Corporate Advisors Ltd
Focus Business Solution IPO FAQs
When Focus Business Solution IPO will open for NII and Retail?
The IPO is to open on 30 June 2021 for NII, and Retail Investors.
What is Focus Business Solution IPO Investors Portion?
The investors' portion for QIB-0%, NII-50%, and Retail 50%.
How to Apply the Focus Business Solution IPO?
You can apply Focus Business Solution IPO via ASBA online via your bank account. You can apply ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.
How to Apply the Focus Business Solution IPO through Zerodha?
Log in to Console in Zerodha Website. Go to Portfolio and Click on IPO. You will see the IPO Name "Focus Business Solution". Click on Bid Button. Enter your UPI ID, Quantity and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
What is Focus Business Solution IPO Size?
Focus Business Solution IPO size is ₹1.22 crore.
What is Focus Business Solution IPO Price Band?
Focus Business Solution IPO Price Band is ₹19.
What is Focus Business Solution IPO Minimum and Maximum Lot Size?
The minimum bid is 6000 Shares with ₹1,14,000 amount while maximum bid is 6000 shares with ₹1,14,000.
What is Focus Business Solution IPO Allotment Date?
Focus Business Solution IPO allotment date is 2021.
What is Focus Business Solution IPO Listing Date?
Focus Business Solution IPO listing date is 2021. The IPO to list on NSE SME platform.
