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Focus Lighting and Fixtures IPO
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Focus Lighting and Fixtures currently provides vide range of products which includes recessed adjustable spotlights, recessed downlights, surface mounted spotlights, surface-mounted / suspended downlights, system based spotlights / wallwasher, track-mounted spotlights, etc. each with different working capabilities. The new range of luminaires have been designed and developed by the finest product designers from Germany, proficient in the field of lighting design; supported by a proficient team of Indian Professionals.
The products of Focus Lighting and Fixtures are designed from Germany, these designs are provided to its supplier in China and the moulds prepared as per the specified designs. The products are imported from China under the brand name of TRIX. Its products under brand name of PLUS are manufactured by M/s. Shantilal & Bros (Mfg Dept). Appox. 70-80% of its total purchases are from Shantilal & Bros (Mfg Dept). Even for exports, appx. 90% of the products are manufactured by Shantilal & Bros (Mfg Dept).
Focus Lighting and Fixtures has initiated the process of establishing its own manufacturing unit at Bhiwandi, Mumbai due to growing demand of its products. Over the last decade, the company has successfully worked for some of the leading brands like And Designs, Global Designs, Croma, Raymond, Shoppers’ Stop, Park Avenue, Timberland, Globus and many more.
Promoters of Focus Lighting and Fixtures – Amit Vinod Sheth and Deepali Amit Sheth
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Focus Lighting and Fixtures IPO details |
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| Subscription Dates | 30 Mar – 5 Apr 2017 |
| IPO Price band | INR45 per share |
| Fresh issue | 900,000 shares (INR4.05 crore) |
| Offer for sale | Nil |
| Total IPO size | 900,000 shares (INR4.05 crore) |
| Minimum bid (lot size) | 3,000 shares |
| Face Value | INR10 per share |
| Retail Allocation | 50% |
| Listing On | NSE Emerge platform |
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Focus Lighting and Fixtures’ financial performance (in INR crore) |
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| FY2012 | FY2013 | FY2014 | FY2015 | FY2016 | 6M FY2017 | |
| Total revenue | 15.2 | 18.3 | 34.2 | 42.2 | 61.1 | 36.7 |
| Total expenses | 14.7 | 17.7 | 33.1 | 40.6 | 56.3 | 34.1 |
| Profit after tax | 0.3 | 0.4 | 0.8 | 1.1 | 3.3 | 1.5 |
Focus Lighting and Fixtures Limited
1007-1010, Corporate Avenue Wing A, Sonawala Road, Near Udyog Bhavan
Goregaon (East), Mumbai – 400 063
Phone:Â +91 22 2686 5676
Email:Â [email protected]
Website:Â www.pluslighttech.com
| Day | Subscription (no. of times) |
| Day 1 | Â 0.11 |
| Day 2 | Â 0.52 |
| Day 3 | Â 4.11 |
| Day 4 | Â 88.99 |
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Focus Lighting and Fixtures IPO allotment status is now available on Bigshare Services Private Limited website. Click on this link to get allotment status.
Bigshare Services Private LimitedÂ
E2, Ansa Industrial Estate, Sakivihar Road,
Sakinaka, Andheri (E),
Mumbai – 400 072
Phone: +91 22Â 4043 0200Â
Fax: +91 22Â 2847Â 5201
Email: [email protected]
Website: www.bigshareonline.com
IPO Opening Date: 30Â March 2017
IPO Closing Date: 5 April 2017
Listing Date:Â 13 April 2017
Listing Price on NSE SME: INR54 per share (up 20% from IPO price)
Closing Price on NSE SME: INR54 per share (up 20% from IPO price)
is this good ipo and what is open price
looks decent with profits…
Approx primum…in grey market
Approx primum in grey market
Missed applying in this. Superb listing, just not coming down
It is up 20% today also