Focus Business Solution IPO Details

Focus Business Solution IPOFocus Business Solution IPO description – Focus Business Solution is engaged in the business of debt collection services for Banks, NBFC and financial institutions. The company enters into agreements with banks, financial institutions and non-banking financial companies to act as authorised recovery/collection agents on behalf of them. The company also repossesses vehicles or other hypothecated assets on the request of its clients, in case defaulting borrowers unable to repay of its loan overdues.

The company focuses strategically timed action based on aging of delinquent account with emphasis of traditional methods such as tele-calling and field visits. In occasional cases, it needs to trace the new address and contact details of borrowers as delinquent borrowers may relocate their address.

The company has fully equipped call centre with 64 work stations along with call recording, dialler and CRM facility. It has staff strength of 551 which includes 58 staff on its payroll and 493 staff hired on contractual basis.

Promoters of Focus Business Solution – Mr Mohamedyaseen Muhammadbhai Nathani and Mr Mohamedamin Mohammad Nathani
Focus Business Solution IPO details
Subscription Dates 30 June – 5 July 2021
Price Band INR19 per share
Fresh issue 642,000 shares (INR1.22 crore)
Offer For Sale Nil
Total IPO size 642,000 shares (INR1.22 crore)
Minimum bid (lot size) 6,000 shares
Face Value  INR10 per share
Retail Allocation 50%
Listing On BSE SME platform
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Focus Business Solution financial performance (in INR lakhs)

  FY2018 FY2019 FY2020 9M FY2021
Revenue 1,023.76 1,073.97 1,090.73 799.19
Expenses 1,008.35 1,056.69 1,069.57 774.43
Net income 10.99 11.77 15.25 19.74
Net margin (%) 1.1 1.1 1.4 2.5

Registrar of Focus Business Solution IPO

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

Valuation of Focus Business Solution IPO (FY2020)

Earnings Per Share (EPS): INR2.88
Price/Earnings (PE ratio): 6.60
Return on Net Worth (RONW): 7.09%
Net Asset Value (NAV): INR27.22 per share

Focus Business Solution IPO Subscription Details

Day

Subscription (no. of times)

Day 1

1.82

Day 2

2.51

Day 3

4.21

Day 4

6.66

   

Focus Business Solution Contact Details

Focus Business Solution Limited
703, Rajhans Complex,
Nr. Kadiwala School, Ring Road,
Surat, Gujarat-395002
Phone: +91 261 4002823
Email: [email protected] Website: www.focusbsl.com

Focus Business Solution IPO Allotment Status

Focus Business Solution IPO allotment status is now available on Purva Sharegistry’s website. Click on this link to get allotment status. 

Listing Performance of Focus Business Solution

IPO Opening Date: 30 June 2021
IPO Closing Date: 5 July 2021
Finalisation of Basis of Allotment: 8 July 2021
Initiation of refunds:
9 July 2021 
Transfer of shares to demat accounts:
12 July 2021 
Listing Date
: 13 July 2021 
Opening Price on BSE SME: INR29.35 per share (up 54.47% from IPO price)
Closing Price on BSE SME: INR27.90 per share (up 46.84% from IPO price)

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