Focus Business Solution Limited IPO (Focus Business Solution IPO)

Focus Business Solution IPO
Focus Business Solution IPO | Focus Business Solution IPO 2021

Established in 2006, Focus Business Solutions Limited is involved in debt collection business and recovery services for banks, financial institutions and NBFCs. It takes strategic steps in criminal accounts to obtain unpaid mortgage payments, credit cards, and other credit facilities to customers.

The company adheres to the RCAP management system to obtain overdue payments on personal loans, business loans, car loans, real estate loans, two-wheeled loans, SME loans, gold loans, and more. It also has a well-equipped call center with 64 workplaces to take standard follow-up of payers.

Focus Business Solution IPO

Competitive Strengths

  • Smart electronic debt recovery system.
  • Scalable and robust technological infrastructure.
  • Branches all over the country i.e. Vapi, Anand, Ahemdabad, Rajkot, Palanpur, etc.
  • Experienced team of promoters and employees.

Company Promoters

Mr. Mohamedyaseen Muhammadbhai Nathani and Mr. Mohamedamin Mohammad Nathani are the promoters of the company.

Company Financials

ParticularsFor the year/period ended (₹ in lakhs)
31-Dec-2031-Mar-2031-Mar-1931-Mar-18
Total Assets468.19395.66415.64344.76
Total Revenue799.191,090.731,073.971,023.76
Profit After Tax19.7415.2511.7710.99

Objects of the Issue

  • Meet working capital requirements.
  • To meet general corporate purposes.
  • Meet issue expenditures.
Focus Business Solution IPO 
Object Of The Issue

Focus Business Solution IPO Details

IPO Opening DateJun 30, 2021
IPO Closing DateJul 05, 2021
Issue TypeFixed Price Issue IPO
Face Value₹10 per equity share
IPO Price₹19 per equity share
Market Lot6000 Shares
Min Order Quantity6000 Shares
Listing AtBSE SME
Issue Size642,000 Eq Shares of ₹10
(aggregating up to ₹1.22 Cr)

Focus Business Solution IPO – Timetable

IPO Open DateJun 30, 2021
IPO Close DateJul 05, 2021
Basis of Allotment DateJul 12, 2021
Initiation of RefundsJul 13, 2021
Credit of Shares to Demat AccountJul 14, 2021
IPO Listing DateJul 15, 2021

Focus Business Solution IPO Lot Size

ApplicationLotsSharesAmount (Cut-off)
Minimum16000₹114,000
Maximum16000₹114,000

Focus Business Solution IPO Promoter Holding

Pre Issue Share Holding100%
Post Issue Share Holding

Company Contact Information

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
Websitehttp://www.focusbsl.com/

Focus Business Solution IPO FAQs

What is Focus Business Solution IPO?

Focus Business Solution IPO is a SME IPO of 642,000 equity shares of the face value of ₹10 aggregating up to ₹1.22 Crores. The issue is priced at ₹19 per equity share. The minimum order quantity is 6000 Shares.
The IPO opens on Jun 30, 2021, and closes on Jul 5, 2021.
Purva Sharegistry India Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
When Focus Business Solution IPO will open?

The Focus Business Solution IPO opens on Jun 30, 2021 and closes on Jul 5, 2021.
What is the lot size of Focus Business Solution IPO?

Focus Business Solution IPO lot size is 6000 Shares and the minimum order quantity is 6000 Shares.
How to apply for Focus Business Solution IPO?

You can apply in Focus Business Solution IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don’t offer banking services.
When Focus Business Solution IPO allotment?

The finalization of Basis of Allotment for Focus Business Solution IPO will be done on Jul 12, 2021, and the allotted shares will be credited to your demat account by Jul 14, 2021.
When is Focus Business Solution IPO listing date?

The Focus Business Solution IPO listing date is not yet announced. The date of Focus Business Solution IPO listing is Jul 15, 2021.