Foce India Limited
Fixed Price IPO · NSE
- Price band
- ₹225 - ₹225
- Lot size
- 600 shares
- Issue amount
- ₹29.03 cr
- Total subscription
- 0×
- Opens
- 13 Dec 2021
- Closes
- 17 Dec 2021
- Allotment
- 21 Dec 2021
- Listing
- 28 Dec 2021
Offer at a glance
Issue overview
- Issue size
- 12,90,000 shares
- Face value
- ₹10 per share
- Minimum investment
- ₹1,35,000
- Fresh issue
- ₹18.79 cr
- Offer for sale
- ₹8.78 cr
- Registrar
- Purva Sharegistry India Private Limited
- Listing exchange
- NSE
- Maximum investment
- ₹1,35,000
- Issue type
- Fixed Price IPO
- Shares before issue
- 39,92,925
- Shares after issue
- 48,92,925
Lot sizes
| Category | Lots | Shares | Amount |
|---|---|---|---|
| RETAIL | 1 | 600 | ₹1,35,000 |
| HNI | 2 | 1,200 | ₹2,70,000 |
Share reservation
Subscription & GMP
Subscription by category
Subscription figures are awaiting publication.
GMP history
Financial performance
Company financials
in Lakhs · Reported periods may include interim results.
Company information
Company profile
Foce India, incorporated in 2001, is engaged in the supply, distribution, and retailing of various types of wristwatches, including Analog, Digital, Chronograph, and Designer models. The company primarily generates revenue from bulk supply to institutional customers, accounting for approximately 95% of its total earnings. Additionally, it sells watches under its own brand, "FOCE," contributing 2% of revenue, while sales from royalty-branded watches and corporate gifting products, such as timepieces, wall clocks, belts, ties, wallets, pens, and goggles, make up around 3%. To expand its operations, the company established a wholly-owned subsidiary, FO Industries Private Limited, in Mumbai in 2021, with a manufacturing and assembly facility located in Bhiwandi, near Mumbai.
Strengths
- Industry Experience: Over 20 years of expertise in the watch sector.
- Pan-India Presence: Operates a network of strategically located retail stores across the country.
- Experienced Leadership: Led by seasoned promoters and supported by a strong management team and workforce.
Promoters
Mr. Manoj Sitaram Agarwal
Mrs. Anita agarwal
Mrs. Parmeshwari Agarwal
Registrar & documents
Lead manager
Mark Corporate Advisors Private Limited
Registrar & contacts
Purva Sharegistry India Private Limited
[email protected]Official registrar portal ↗IPO allotment status guide →Registered office
4 Kingston, Shastri Nagar, Lokhandwala Complex, Andheri West, Mumbai-400 053, Maharashtra
022 26349544
[email protected]Company website ↗Understanding FOCE IPO data
Compare the price band and required investment with the company profile, financial results and offer documents. Subscription figures show reported demand by category; they do not establish the value of the business. GMP is an unofficial indication and can change before listing.