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The firm is primarily engaged in the production, distribution, and retailing of various types of wrist watches such as Analog, Digital, Chronograph, Designer, and etc, which are either custom produced or generic in nature. The firm is primarily engaged in the supply, marketing, and retailing of various types of wrist watches including such Analog, Digital, Timer, Designer, and so on, which are either custom produced or generic in nature. Furthermore, it is active in the corporate giving market (such as Time Piece, Wall Clocks, Belts, Ties, Wallets, Pens, Goggles etc.) decorative packing boxes for watches, sales of watches and other items under royalty brands, which account for around 3% of total revenue At the moment, it gets all of its watches and other items from a group company called M/s Foce Industries, a partnership corporation based in Guwahati, Assam that manufactures and assembles wrist watches. On April 6, 2021, the firm established a completely owned subsidiary titled FO Industries Private Limited in Mumbai with the goal of manufacturing/assembling watches and other items, with facilities in Bhiwandi, near Mumbai.
Subscription Dates | 13 – 17 December 2021 |
Price Band | INR225 per share |
Fresh issue | 900,000 shares (INR20.25 crore) |
Offer For Sale | 390,000 shares (INR8.78 crore) |
Total IPO size | 1,290,000 shares (INR29.03 crore) |
Minimum bid (lot size) | 600 shares |
Face Value | INR10 per share |
Retail Allocation | 50% |
Listing On | NSE EMERGE |
| FY2019 | FY2020 | FY2021 | Q1 FY2022 |
Revenue | 62.1 | 54.4 | 76.9 | 36.2 |
Expenses | 59.8 | 52.3 | 74.2 | 34.1 |
Net income | 1.6 | 1.6 | 2.0 | 1.5 |
Earnings Per Share (EPS): INR4.98
Price/Earnings (PE ratio): 45.2
Return on Net Worth (RONW): 18.66%
Net Asset Value (NAV): INR26.7 per share
Listed On : Dec 28, 202
Issue Price : 1 225
Listing Day Close : 225.7
Listing Day Gain : 0.31%
NSE : N/A
ISIN CODE : INE0I7D01019
BSE : FOCESM
Dilip Davda – Avoid
IPO Opening Date | 13 December 2021 |
IPO Closing Date | 17 December 2021 |
Finalisation of Basis of Allotment | 28 December 2021 |
Initiation of refunds | Coming soon |
Transfer of shares to demat accounts | Coming soon |
Listing Date | 24 December 2021 |
Opening Price on NSE | INR225 per share (no change from IPO price) |
Closing Price on NSE | INR225.7 per share (up 0.31% from IPO price) |
Foce India Limited
1006, 10th Floor, Srikrishna,
New Link Road, Andheri West,
Mumbai- 400 053
Phone: 022 26349544
Email: office@foceindia.com
Website: www.foceindia.com
Purva Sharegistry India Private Limited
Unit no. 9, Shiv Shakti Industrial Estate,
JR Boricha Marg, Lower Parel (E)
Mumbai – 400 011
Phone: +91 22 2301 2518
Email: support@purvashare.com
Website: www.purvashare.com
| Category | Non-retail | Retail | Total |
| Shares Offered | 6,45,000 | 6,45,000 | 12,90,000 |
| Day 1 | 0.13 | 0.60 | 0.36 |
| Day 2 | 0.29 | 0.86 | 0.57 |
| Day 3 | 0.68 | 1.07 | 0.87 |
| Day 4 | 1.07 | 1.34 | 1.21 |
| Day 5 | 1.22 | 1.75 | 1.49 |
Foce India Limited IPO is a SME IPO of ₹225 per equity share with a face value of ₹10 per equity share
The issue size is priced at1,290,000 Eq Shares of ₹10 (aggregating up to ₹29.03 Cr).
The fresh issue size is priced at 900,000 Eq Shares of ₹10 (aggregating up to ₹20.25 Cr).
The initial public offering (IPO) begins on Dec 13, 2021 and ends on Dec 17, 2021.
The minimum order quantity is 600 Shares and Market Lot size is 600 shares.
The registrar for the IPO is Link Intime India Private Ltd. The shares are proposed for listing on the NSE, SME.
The Foce India Limited IPO opening date is 13 Dec, 2021 and closing date is 17 Dec, 2021.
The Foce India Limited IPO listing date is Dec 27, 2021.
Foce India Limited IPO can be submitted online using either UPI or ASBA as a payment method. The ASBA IPO application is available in your bank’s net banking. Brokers who do not provide banking services provide UPI IPO applications. Learn more about online IPO applications from Zerodha, Upstox, 5Paisa, Edelweiss, ICICI Bank, HDFC Bank, and SBI Bank.
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