Business description – Focus Suits Solutions is a qualitative fieldwork agency, having presence across 18 major countries in Asia, Middle East and Latin America. The company has team of project managers who handled the project execution of different fieldwork across various industries like healthcare, automobiles, IT and telecommunications, FMCG, Retail etc. The company provides insights to its clients and assists them in making strategic decisions in their respective lines of business. The company is professionally managed, with a Board of Directors comprising two independent directors and three executive directors who are experienced in the business of the company.
The team of project managers has, over the years, built considerable expertise in project execution of different fieldwork across various industries like healthcare, automobiles, IT and telecommunications, FMCG, Retail etc. Majestic Market Research Support Services Limited is the promoter of Focus Suits Solutions. Sandip Bhatia and Naina Krishna Murthy were the initial subscribers to the Memorandum of Association of the company. Subsequently the shares of Sandip Bhatia and Naina Krishna Murthy were transferred to Majestic Market Research Support Services Limited on August 11, 2016.
Promoters of Focus Suits Solutions & Services – Majestic Market Research Support Services Limited
| Focus Suits Solutions IPO details | |
| Subscription Dates | 30 Jan – 1 Feb 2018 |
| IPO Price band | INR18 per share |
| Fresh issue | 3,608,000 shares (INR6.49 crore) |
| Offer for sale | Nil |
| Total IPO size | 3,608,000 shares (INR6.49 crore) |
| Minimum bid (lot size) | 8,000 shares |
| Face Value | INR10 per share |
| Retail Allocation | 50% |
| Listing On | BSE SME platform |
Use of funds
- Repayment of loans – INR4.68 crore
- General Corporate ExpensesÂ
| Focus Suits Solutions’ financial performance (in INR lakh) | ||||||
| Â | FY2013 | FY2014 | FY2015 | FY2016 | FY2017* | 4M FY2018* |
| Total revenue | 510.6 | 529.4 | 601.8 | 750.7 | 1,541.6 | 577.8 |
| Total expenses | 498.5 | 512.1 | 581.5 | 652.4 | 1,349.5 | 497.0 |
| Profit after tax | 8.4 | 11.8 | 13.8 | 65.3 | 128.9 | 55.8 |
*Consolidated results
Focus Suits Solutions Contact Details
Focus Suits Solutions & Services Limited
C-108, Kanakia Zillion, LBS Marg
Gateway to BKC, Kurla West
Mumbai – 400070
Phone: +91 22 2654 0725
Email: [email protected]
Website: www.focus-suites.com
Focus Suits Solutions IPO Subscription Details
| Day | Subscription (no. of times) |
| Day 1 | 1.67 |
| Day 2 | 6.75 |
| Day 3 | 174.88 |
| Â | Â |
| Â | Â |
Focus Suits Solutions Valuation (Latest FY)
Earnings Per Share (EPS): INR5.00
Price/Earnings (P/E) ratio: 3.6
Return on Net Worth (RONW): 28.37%
Net Asset Value (NAV): INR17.51 per share
Registrar of Focus Suits Solutions IPO
Bigshare Services Private LimitedÂ
E2, Ansa Industrial Estate, Sakivihar Road,
Sakinaka, Andheri (E)
Mumbai – 400 072
Phone:Â +91 22Â 4043 0200Â
Fax:Â +91 22Â 2847Â 5201
Email:Â [email protected]
Website:Â www.bigshareonline.com
Focus Suits Solutions IPO Allotment Status
Focus Suits Solutions IPO allotment status is now available on Bigshare Services’ website. Click on this link to get allotment status.
Listing performance of Focus Suits Solutions
IPO Opening Date: 30 January 2018
IPO Closing Date: 1 February 2018
Listing Date: 9 February 2018
Listing Price on BSE SME: INR 21.6 per share (up 20% from IPO price)
Closing Price on BSE SME: INR 21.6 per share (up 20% from IPO price)
This one is interesting. Good profit margins and Majestic as the promoter.
Invest with full force!
Parent company had made money earlier; trying luck second time !
MRSS GROUP COMPANY.
THOSE WHO INVESTED IN MRSS IPO IN JUNE 2015 WILL REMEMBER THIS MULTIBAGGER. OFFERED AT 13 RS. NOW 300 RS. FOCUS COMES UNDER MRSS GROUP.
IT IS GOOD FOR LISTING GAIN AS WELL AS LONG TERM INVESTMENT
Yes, it is good because of MRSS. What an IPO that was. Did not have confidence in the company at IPO but I picked up after listing and it has performed much better than A graders for me.
something fishy
Allotment kab hogi iski???
When is allotment?
WHAT IS THE CURRENT GMP