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.
- 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.
Mr. Mohamedyaseen Muhammadbhai Nathani and Mr. Mohamedamin Mohammad Nathani are the promoters of the company.
|Particulars||For the year/period ended (₹ in lakhs)|
|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 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|
|Issue Size||642,000 Eq Shares of ₹10|
(aggregating up to ₹1.22 Cr)
Focus Business Solution IPO – Timetable
|IPO Open Date||Jun 30, 2021|
|IPO Close Date||Jul 05, 2021|
|Basis of Allotment Date||Jul 12, 2021|
|Initiation of Refunds||Jul 13, 2021|
|Credit of Shares to Demat Account||Jul 14, 2021|
|IPO Listing Date||Jul 15, 2021|
Focus Business Solution IPO Lot Size
Focus Business Solution IPO Promoter Holding
|Pre Issue Share Holding||100%|
|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
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.