Foce IPO Details:
- 1 When Is Foce India Limited IPO Launching?
- 2 Foce India Limited IPO Tentative Timetable
- 3 Foce India Limited IPO Lot Size
- 4 Foce India Limited IPO Share Price
- 5 Foce India Limited IPO Promoter Holding
- 6 Foce India Limited IPO Board of Directors
- 7 Foce India Limited IPO Company Financials
- 8 About Foce India Limited IPO
- 9 Company Contact Information
- 10 Foce India Limited IPO GMP
- 11 How to Apply for Foce India Limited IPO?
- 12 Final Review
When Is Foce India Limited IPO Launching?
The Foce India Limited IPO opens on Dec 13, 2021, and closes on Dec 17, 2021.
Foce India Limited IPO Tentative Timetable
The Foce India IPO open date is Dec 13, 2021, and the close date is Dec 17, 2021. The issue may list on Dec 27, 2021.
|IPO Open Date||Dec 13, 2021|
|IPO Close Date||Dec 17, 2021|
|Basis of Allotment Date||Dec 21, 2021|
|Initiation of Refunds||Dec 22, 2021|
|Credit of Shares to Demat Account||Dec 23, 2021|
|IPO Listing Date||Dec 27, 2021|
Foce India Limited IPO Lot Size
The Foce India IPO market lot size is 600 shares. A retail-individual investor can apply for up to 1 lot (600 shares or ₹135,000).
Foce India IPO is an SME IPO of 1,290,000 equity shares of the face value of ₹10 aggregating up to ₹29.03 Crores. The issue is priced at ₹225 per equity share. The minimum order quantity is 600 Shares.
Foce India Limited IPO Promoter Holding
Mr. Manoj Sitaram Agarwal, Mrs. Anita Agarwal, Mrs. Parmeshwari Agarwal are the company promoters.
|Pre Issue Share Holding||99.99%|
|Post Issue Share Holding||73.63%|
Foce India Limited IPO Board of Directors
|Abhilasha Chaudhari||Independent Director|
|Kuntal Sharma||Co. Secretary & Compl. Officer|
|Lalit Kumar Tapadia||Independent Director|
|Manoj Sitaram Agarwal||Managing Director|
|Rekha Agarwal||Independent Director|
|Seliya Umar Abdul Aziz||Chief Financial Officer|
|Utkarsh Agarwal||Executive Director|
Foce India Limited IPO Company Financials
|Summary of financial Information (Restated Consolidated)|
|Particulars||For the year/period ended (₹ in Millions)|
|Profit After Tax||15.22||19.89||16.07||15.84|
About Foce India Limited IPO
Established in 2001, Foce India is fundamentally engaged in the business of supply, distribution, and retailing of different sorts of wristwatches like Analog, Digital, Chronograph, Designer, and so forth These watches are either custom-built or are general in nature. The organization supplies wristwatches in mass to their main 5 Institutional customers establishing roughly 95% of the organization’s absolute revenue. The organization additionally disperses and retails wristwatches made under Brand Name “FOCE” which adds to 2% of their revenues. Foce India is likewise engaged with the business of corporate giving (like Time Piece, Wall Clocks, Belts, Ties, Wallets, Pens, Goggles, and so forth) ornamental packaging boxes for watches, selling of watches and different items under royalty brands which establish around 3% of their complete revenue.
On April 06, 2021, Foce India consolidated an entirely claimed subsidiary organization namely “FO Industries Private Limited” in Mumbai with an item to carry on the business of manufacturing/assembling watches and different items and the facilities are being situated at Bhiwandi, Near Mumbai.
Company Contact Information
Foce India Limited
4 Kingston, Shastri Nagar, Lokhandwala Complex,
Andheri West, Mumbai-400 053,
Phone: 022 26349544
Foce India Limited IPO GMP
Foce India IPO GMP today is NA per share.
How to Apply for Foce India Limited IPO?
You can apply in Foce India IPO online utilizing either UPI or ASBA as a payment technique. ASBA IPO application is accessible in the net banking of your bank account. UPI IPO application is presented by dealers who don’t offer banking services. Peruse more insight concerning applying IPO online through Zerodha, Upstox, 5Paisa, Edelweiss, ICICI Bank, HDFC Bank, and SBI Bank.
Super benefits for the primary quarter of FY22 cause a commotion, in the event that we track the last three fiscal’s information. Such margin manageability raises concern. In light of Q1-FY22 execution, the estimating of the IPO seems worthwhile yet in any case, it’s a forcefully evaluated issue. Maybe the organization is attempting to encase the elation of the essential market’s present mindset. There is no mischief in giving this expensive issue a miss.
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