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Focus Business Solution IPO is a Fixed Price IPO listing on BSE SME exchange. The company is based in Surat and caters to Banking And Finance - FinTech sector. Navigant Corporate Advisors is the merchant banker of Focus Business Solution IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 22nd June 2021.
Focus Business Solution IPO open date is 30th June 2021 and close date is 5th July 2021. IPO Allotment Date is 8th July 2021 and Listing date is 13th July 2021.
IPO
Size:
₹ 1.22 Cr.
Avg IPO Size (Sector Based)
: ₹
36.74 cr.
Sector: Banking And Finance - FinTech
SME
IPO so far:
10
Merchant Banker:
Navigant Corporate
SME
IPO by BRLM so far:
23
City:
Surat
SME
IPO so far:
40
Revenue (annualised):
₹
10.67
cr. 
PE
Ratio:
7.67x
Average Sector PE Ratio: 28.33x
Focus Business Solution IPO size is ₹ 1.22 Cr. with IPO price of ₹ 19.00. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.
Navigant Corporate Advisors Limited is the book-running lead manager of the Focus Business Solution IPO. Purva Sharegistry India Private Limited is the Registrar and Market Maker is Nikunj Stock Brokers Limited for Focus Business Solution IPO.
Focus Business Solution IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
Focus Business Solution IPO, based in Surat, operates in the Banking And Finance - FinTech sector with a focus on Business of debt collection services. The company is launching its SME IPO on the BSE SME exchange, using the Fixed Price Issue method. Focus Business Solution IPO size is ₹ 1.22 Cr. with fresh issue size of ₹ 1.22 Cr. and Offer for sale being ₹ Nil
The IPO allotment date for Focus Business Solution IPO is expected to be 8th July 2021, after the finalization of basis of allotment. Investors can check Focus Business Solution IPO allotment status on the registrars website, Purva Sharegistry India Private Limited. Focus Business Solution IPO refund dates are 9th July 2021.
Focus Business Solution IPO is expected to be listed on 13th July 2021.
The upper price band for the Focus Business Solution IPO is set at ₹ 19.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.
For IPO analysis on Focus Business Solution IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.
To apply for the Focus Business Solution IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 5th July 2021. After submission, funds are blocked until the basis of allotment of Focus Business Solution IPO is finalised.
The merchant banker for Focus Business Solution IPO is Navigant Corporate Advisors Limited . Navigant Corporate Advisors Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Focus Business Solution IPO RHP for further details.
The registrar for Focus Business Solution IPO is Purva Sharegistry India Private Limited. Investors can go to Purva Sharegistry India Private Limited registrar website for IPO allotment status, refund processing, and other queries related to Focus Business Solution IPO through their official website or helpline.
Focus Business Solution IPO was subscribed 6.66 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
IPO
Size:
₹ 1.22 Cr.
Avg IPO Size (Sector Based)
:
₹ 36.74 Cr.
Sector: Banking And Finance - FinTech
SME
IPO so far:
10
Merchant Banker:
Navigant Corporate
SME
IPO by BRLM so far:
23
City:
Surat
SME
IPO so far:
40
Revenue (annualised):
₹ 10.61 cr.
PE
Ratio:
7.67x
Average Sector PE Ratio: 28.33x
Focus Business Solution IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Focus Business Solution Financial Review Page
Merchant Banker(s) of Focus Business Solution IPO: Navigant Corporate Advisors Limited
Focus Business Solution IPO subscription was 6.66 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.
Focus Business Solution IPO listed at a listing price of 29.35 against the offer price of 19.00.
The current market price of Focus Business Solution is 95.00.
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