Focus Business Solution Limited

Focus Business Solutions Limited IPO Review

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.

Subscription Dates

30 June – 5 July 2021

Price Band

INR19 per share

Fresh issue

642,000 shares (INR1.22 crore)

Offer For Sale

Nil

Total IPO size

642,000 shares (INR1.22 crore)

Minimum bid (lot size)

6,000 shares

Face Value 

INR10 per share

Retail Allocation

50%

Listing On

BSE SME platform

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FY2018

FY2019

FY2020

9M FY2021

Revenue

1,023.76

1,073.97

1,090.73

799.19

Expenses

1,008.35

1,056.69

1,069.57

774.43

Net income

10.99

11.77

15.25

19.74

Net margin (%)

1.1

1.1

1.4

2.5

Earnings Per Share (EPS): INR2.88

Price/Earnings (PE ratio): 6.60

Return on Net Worth (RONW): 7.09%

Net Asset Value (NAV): INR27.22 per share

Listing Performance of Focus Business Solutions Limited

Company Name

Listed On

Issue Price

Listing Day Close

Listing Day Gain

Focus Business Solution Limited

Jul 13, 2021

19

27.9

46.84%

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BSE :543312

ISIN CODE : INE0DXR01010

NSE :- NA

IPO Opening Date: 30 June 2021

IPO Closing Date: 5 July 2021

Finalisation of Basis of Allotment: 8 July 2021

Initiation of refunds: 9 July 2021 

Transfer of shares to demat accounts: 12 July 2021 

Listing Date: 13 July 2021 

Opening Price on BSE SME: INR29.35 per share (up 54.47% from IPO price)

Closing Price on BSE SME: INR27.90 per share (up 46.84% from IPO price)

Focus Business Solution Limited

703, Rajhans Complex,

Nr. Kadiwala School, Ring Road,

Surat, Gujarat-395002

Phone: +91 261 4002823

Email: focusbsl2006@gmail.com 

Website: www.focusbsl.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

Day

Subscription (no. of times)

Day 1

1.82

Day 2

2.51

Day 3

4.21

Day 4

6.66

 

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Focus Business Solutions Limited IPO FAQ's

The Focus Business Solutions Limited IPO is a SME IPO of ₹19 per equity share with a face value of ₹10 per equity share. 

The issue size is priced at 642,000 equity shares of ₹10 (aggregating up to ₹1.22 Crore).

The initial public offering (IPO) begins on July 30, 2021 and ends on July 5, 2021.

The registrar for the IPO is Link Intime India Private Ltd. The shares are proposed for listing on the BSE and SME.

The Focus Business Solutions Limited IPO opens on July 30, 2021 and closes on July 5, 2021. The IPO Issue date may list on July 13, 2021.

The Focus Business Solutions Limited IPO Market lot size is 6000 Shares and the minimum order quantity is 6000 Shares.

The finalization of Basis of Allotment for Focus Business Solutions Limited IPO will be done on July 8, 2021, and the allotted shares will be credited to your demat account by July 12, 2021. Check the Focus Business Solutions Limited IPO status.

 The Focus Business Solutions Limited IPO listing date is on July 13, 2021.

Focus Business Solutions Limited IPO applications 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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Focus Business Solutions Limited IPO Comments