Foce India IPO GMP, Review, Price, Allotment

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Last updated on December 29, 2021

Foce India IPO GMP

Foce India IPO description – The company is mainly engaged in the business of supply, distribution and retailing of various types of wrist watches such as Analog, Digital, Chronograph, Designer etc. which are either custom built or general in nature.

It supplies wrist watches in bulk to its top 5 institutional customers and such watches are made in their own brand name constituting approximately 95% of the company’s total revenue. Apart from this, it distributes and retails wrist watches made under Brand Name “FOCE” across India which constitutes around 2% of its total revenue.

Further, it 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 constitutes around 3% of its total revenue.

Presently, it procures its entire requirement of watches and other products from a group concern namely M/s Foce Industries, a partnership firm, which is engaged in the business of manufacturing /assembling of wrist watches at Guwahati, Assam. On 6 April 2021, the company incorporated a wholly owned subsidiary named FO Industries Private Limited in Mumbai with an object to carry on the business of manufacturing/ assembling of watches and other products and the facilities is being located at Bhiwandi, Near Mumbai.

Promoters of Foce India Limited – Mr Manoj Sitaram Agarwal, Mrs Anita Agarwal, Mrs Parmeshwari Agarwal


Foce India IPO Details

Subscription Dates13 – 17 December 2021
Price BandINR225 per share
Fresh issue900,000 shares (INR20.25 crore)
Offer For Sale390,000 shares (INR8.78 crore)
Total IPO size1,290,000 shares (INR29.03 crore)
Minimum bid (lot size)600 shares
Face Value INR10 per share
Retail Allocation50%
Listing OnNSE EMERGE

Foce India’s Financial Performance

 FY2019FY2020FY2021Q1 FY2022
Revenue62.154.476.936.2
Expenses59.852.374.234.1
Net income1.61.62.01.5
Figures in INR crore unless specified otherwise

Foce India Offer News

Foce India Draft Prospectus

Foce India RHP


Foce India Offer Valuation (as of FY2021)

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


Foce India IPO GMP Daily Trend

Date Foce India IPO GMPKostakSubject to Sauda

Foce India IPO Subscription – Live Updates

CategoryNon-retailRetailTotal
Shares Offered6,45,0006,45,00012,90,000
Day 10.130.600.36
Day 20.290.860.57
Day 30.681.070.87
Day 41.071.341.21
Day 51.221.751.49
Subscription figures in number of times, at 5 PM

Foce India Public Offer Registrar

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[email protected]
Website: www.purvashare.com


Foce India Contact Details

Foce India Limited
1006, 10th Floor, Srikrishna,
New Link Road, Andheri West,
Mumbai- 400 053
Phone:  022 26349544
Email: [email protected]
Website:  www.foceindia.com


Foce India Offer Allotment Status

Foce India IPO allotment is now available on Purva Sharegistry’s website. Click on this link to get allotment status.


Foce India IPO Timetable

IPO Opening Date13 December 2021
IPO Closing Date17 December 2021
Listing Date28 December 2021
Opening Price on NSEINR225 per share (no change from IPO price)
Closing Price on NSE INR225.7 per share (up 0.31% from IPO price)

Foce India IPO FAQs

What are investors portions in Foce India public offer?

Retail investors are entitled to get 50% of the shares while the other 50% shares are reserved for individual applicants other than retail investors and corporate bodies or institutions.

How to Apply in Foce India IPO?

The best way to apply in Foce India IPO is through Internet banking ASBA. You can also apply online through your stock broker using UPI. If you prefer to make paper applications, fill up an offline IPO form and deposit the same to your broker.

What is Foce India IPO size?

Foce India offer size is INR29.03 crore.

What is Foce India IPO Price Band?

Foce India IPO Price is INR225 per share.

What is the lot size of Foce India IPO?

Foce India offer lot size and the minimum order is 600 shares.

What is Foce India IPO GMP today?

Foce India IPO GMP today is NA per share.

What is Foce India IPO kostak rate today?

Foce India IPO kostak rate today is NA per application.

What is Foce India Subject to Sauda rate rate today?

Foce India Subject to Sauda rate today is NA per application.

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