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Foce India Ltd.

NSE SME · SME IPO
Listed NSE SME SME Live Chart
Issue Price
₹225
₹225
GMP (Grey Market)
NIL
Unofficial data only
Est. Listing Price
₹225
Based on GMP
Min. Investment
₹135,000
1 lot × 600 shares
Subscribed
1.00x
Over-subscribed
IPO Details
Open Date
13 Dec 2021
Close Date
17 Dec 2021
Allotment
21 Dec 2021
Listing Date
28 Dec 2021
Exchange
NSE SME
Price Band
₹225
Listing Price
See chart
Allotment Status
Price Band
₹225
Per share
Face Value
₹10 per share
 
Lot Size
600 Shares
per lot
Issue Size
12,90,000 shares (aggregating up to ₹29.03 Cr)
Total offering
Issue Type
Fixed Price IPO
 
Min Investment
₹135,000
1 lot
Pre-IPO Holding
39,92,925 shares
Promoters
Post-IPO Holding
48,92,925 shares
Promoters
UPI Deadline
2021-12-17
Mandate
Anchor AllotmentSun, 12 Dec 2021
Basis of AllotmentTue, 21 Dec 2021
Refund InitiationWed, 22 Dec 2021
Demat CreditThu, 23 Dec 2021
Listing DayTue, 28 Dec 2021
UPI Mandate Deadline2021-12-17
Sale TypeFresh Capital-cum-Offer for Sale
Net Offer to Public12,25,200 shares (aggregating up to ₹27.57 Cr)
Market Maker Quota64,800 shares (aggregating up to ₹1.46 Cr)
Fresh Issue Shares8,35,200 shares (aggregating up to ₹18.79 Cr)
Offer for Sale3,90,000 shares of ₹10 (aggregating up to ₹8.78 Cr)
QIB Quota50% of Net Issue
HNI / NII Quota15% of Net Issue
Retail Quota35% of Net Issue
Check AllotmentClick here →
Subscription Rate Final
Foce India Ltd. IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 17 Dec 2021.
QIB
1.00x
Over
NII/HNI
1.00x
Over
Retail
1.00x
Over
Total
1.00x
Over
Category Subscription Shares Offered % of Total Amount (₹Cr)
Market Maker
Awaited
64,800
₹1.46
QIB
Over 1.00x
NII / HNI
Over 1.00x
Retail
Over 1.00x
Total 1.00x
1,290,000
100% ₹29.03
IPO Shares Offered
Foce India Ltd. IPO total issue size: ₹29.03 Cr.
CategoryShares OfferedAmount (₹Cr)Size (%)
Market Maker 64,800 ₹1.46
5.02%
Total 1,290,000 ₹29.03
100.00%
* Based on upper price band ₹225 per share
Lot Size & Investment
Lot Size
600
Shares per Lot
Issue Price
₹225.00
Upper Band
Min Investment
₹135,000
1 Lot
ApplicationLotsSharesAmount
Retail (Min — 2 Lots)21,200₹270,000
Retail (Max — 13 Lots)137,800₹1,755,000
S-HNI (Min — 14 Lots)148,400₹1,890,000
B-HNI (Min — 68 Lots)6840,800₹9,180,000
* Issue Price ₹225 × Lot Size 600 shares
IPO Schedule
Anchor
12 Dec 2021
✓ Done
IPO Open
13 Dec 2021
✓ Done
IPO Close
17 Dec 2021
✓ Done
Allotment
21 Dec 2021
✓ Done
Refunds
22 Dec 2021
✓ Done
Demat Credit
23 Dec 2021
✓ Done
Listing Day
28 Dec 2021
✓ Done
Foce India Ltd. — Live Price LIVE
₹225.00
INR · NSE
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Issue ₹225.00 Live Price
About Foce India Ltd.
Incorporated in 2001, Foce India is mainly engaged in the business of supply, distribution, and retailing of various types of wristwatches such as Analog, Digital, Chronograph, Designer, etc. These watches are either custom-built or are general in nature. The company supplies wristwatches in bulk to their top 5 Institutional customers constituting approximately 95% of the company's total revenue. The company also distributes and retails wristwatches made under Brand Name "FOCE" which contributes to 2% of their revenues. Foce India is also involved in the business of corporate gifting (such as Time Piece, Wall Clocks, Belts, Ties, Wallets, Pens, Goggles, etc.) ornamental packaging boxes for watches, selling of watches and other products under royalty brands which constitute around 3% of their total revenue.On April 06, 2021, Foce India incorporated a wholly-owned subsidiary company namely "FO Industries Private Limited" in Mumbai with an object to carry on the business of manufacturing/ assembling watches and other products and the facilities is being located at Bhiwandi, Near Mumbai.Competitive Strengths:Experience of over two decades in the watch industryPan India presence through a network of strategically located retail watch storesExperienced promoters and a strong management team and employees
Objects of the Issue
1
1 To meet Working Capital Requirement
2
2 General Corporate Purpose
Foce India Ltd. Financials (Amount In Crore)
Revenue from Operations
₹54.4
31-Mar-20
₹76.9
31-Mar-21
₹36.2
30-Jun-21
Profit After Tax (PAT)
₹1.6
31-Mar-20
₹2.0
31-Mar-21
₹1.5
30-Jun-21
Particulars30-Jun-2131-Mar-2131-Mar-20
Revenue from Operations 36.17 76.90 54.44
EBITDA N/A N/A N/A
Profit After Tax (PAT) 1.52 1.99 1.61
Net Worth N/A N/A N/A
Total Assets 38.71 37.49 11.18
Reserves & Surplus N/A N/A N/A
Borrowings N/A N/A N/A
EBITDA Margin (%) N/A
PAT Margin (%) N/A
Issue Structure & Shareholding
Total Shares Offered12,90,000 (100.00%)
Net Offer to Public12,25,200 shares (aggregating up to ₹27.57 Cr)
Reserved for Market Maker64,800 shares (aggregating up to ₹1.46 Cr)
Pre-Issue Promoter Holding39,92,925 shares
Post-Issue Promoter Holding48,92,925 shares
P/BV RatioN/A
RoEN/A
RoCEN/A
Debt / EquityN/A
Script CodeN/A
Registrar & Lead Managers
Book Running Lead Managers
Mark Corporate Advisors Pvt.Ltd.
GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.
IPO Subscription FAQs
How much Foce India Ltd. IPO subscribed?

Foce India Ltd. IPO is subscribed 1.00 times by Dec 17, 2021. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor CategorySubscription
Qualified Institutional (QIB)1.00x
Non Institutional (NII/HNI)1.00x
Retail Individual1.00x
Total Subscription1.00x
What is Foce India Ltd. IPO retail subscription status?

The Foce India Ltd. IPO retail category is subscribed 1.00 times as of 17 Dec 2021. The retail portion is oversubscribed.

How to subscribe Foce India Ltd. IPO?

Subscribe via your broker app using ASBA or UPI. Opens 13 Dec 2021 and closes 17 Dec 2021. Min investment: ₹135,000 (1 lot = 600 shares). UPI mandate: 2021-12-17.

How many times Foce India Ltd. IPO subscribed?

The Foce India Ltd. IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check Foce India Ltd. IPO allotment?

Check allotment on the registrar website (Purva Sharegistry (India) Pvt.Ltd.) at https://www.purvashare.com/investor-service/ipo-query. Enter your PAN, application number or DP/Client ID. Allotment date: 21 Dec 2021. Refunds: on 22 Dec 2021.

When Foce India Ltd. IPO will be listed?

The Foce India Ltd. IPO listing date is 28 Dec 2021, Tuesday. Listed on: NSE SME. Issue price: ₹225. Estimated listing: ₹225. GMP: NIL.

When Foce India Ltd. IPO close?

The Foce India Ltd. IPO closes on 17 Dec 2021, Friday. UPI mandate: 2021-12-17. Allotment: 21 Dec 2021. Listing: 28 Dec 2021.