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Foce India Limited IPO

Foce India Limited IPO

IPO Date :
Issue Price :
Allotment Date :
Listing Date :
List Price :
Lot Size:
Subscription:
Listed Price: ₹ 225.00 (+0.00%)

Following its successful public offering, Foce India Limited's made its market debut on 28-12-2021 and is now actively traded on the NSEplatform. The IPO mobilized 12,90,000 Shares in total capital, including 8,35,200 Shares in primary equity infusion and ₹8.78 Cr in secondary share sales.

The offering was structured with a price band of ₹225 to ₹225 and minimum investment lots of 600 shares. Investor participation during the subscription window from 13-12-2021 to 17-12-2021 demonstrated market confidence in the company's prospects.

The allotment process concluded on 21-12-2021, allocating shares to successful bidders. The listing represents the culmination of the IPO process, transitioning the company to publicly traded status with enhanced transparency and governance standards.

Foce India IPO Details
Lot(s) Distribution

Investors can bid starting from the minimum lot size specified for this IPO, and only in multiples of that lot size. The table below shows the minimum and maximum investment for retail investors and HNIs in terms of lots, quantity, and amount.

IPO Reservation
Foce India IPO Key Performance Indicator
Company Financials ( in Lakhs )

Foce India IPO About Company

Foce India, incorporated in 2001, is engaged in the supply, distribution, and retailing of various types of wristwatches, including Analog, Digital, Chronograph, and Designer models. The company primarily generates revenue from bulk supply to institutional customers, accounting for approximately 95% of its total earnings. Additionally, it sells watches under its own brand, "FOCE," contributing 2% of revenue, while sales from royalty-branded watches and corporate gifting products, such as timepieces, wall clocks, belts, ties, wallets, pens, and goggles, make up around 3%. To expand its operations, the company established a wholly-owned subsidiary, FO Industries Private Limited, in Mumbai in 2021, with a manufacturing and assembly facility located in Bhiwandi, near Mumbai.


Note : "Calculations for ‘Shares Offered’ and ‘Total Amount’ are based on the highest price in the issue price band."


Foce India IPO Strength Factors

  1. Industry Experience: Over 20 years of expertise in the watch sector.
  2. Pan-India Presence: Operates a network of strategically located retail stores across the country.
  3. Experienced Leadership: Led by seasoned promoters and supported by a strong management team and workforce.

Foce India IPO Risk Factors

NA


Foce India IPO Lead Manager(s)

  • Mark Corporate Advisors Private Limited

Foce India IPO Promoter(s)

  1. Mr. Manoj Sitaram Agarwal
  2. Mrs. Anita agarwal
  3. Mrs. Parmeshwari Agarwal

Foce India IPO Company Details

Foce India Limited
Phone:
address:

Foce India IPO Registrar

Purva Sharegistry India Private Limited
Name:
Phone:

Foce India IPO FAQs