Focus Business Solution Limited
IPO Details
Subscription
Lot Distribution
Reservation
Company Fin.
₹0(0.00%)
Premium (ELP)
Focus Business Solution Limited's successfully completed its Initial Public Offering and commenced trading on Jul 13, 2021 at the BSE exchange. The company raised 6,42,000 Shares through this public offering, comprising TBD in fresh capital.
The IPO was priced within the band of ₹19 to ₹19, with minimum application lots of 6000 shares. The offering attracted significant investor interest during its subscription period from Jun 30, 2021 to Jul 05, 2021.
Share allotment was finalized on Jul 08, 2021, distributing equity to successful applicants. The stock's subsequent listing marked a significant milestone in the company's corporate history, providing public market liquidity to shareholders.
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.
Focus Business Solutions Limited, established in 2006, provides debt collection and recovery services to banks, NBFCs, and financial institutions, helping recover overdue amounts on loans, credit cards, and other credit facilities. The company uses its structured Retail Collection Administrative Programme (RCAP) to manage collections across personal, business, vehicle, two-wheeler, property-backed, gold, and SME loans. Its operations are supported by a dedicated call center with 64 workstations, enabling efficient follow-ups and consistent communication with customers to improve recovery outcomes.
Note : "Calculations for ‘Shares Offered’ and ‘Total Amount’ are based on the highest price in the issue price band."
- Smart Recovery System: Uses an advanced electronic debt recovery platform.
- Scalable Technology: Robust infrastructure designed to grow with demand.
- Pan-India Presence: Branches across multiple locations including Vapi, Anand, Ahmedabad, Rajkot, and Palanpur.
- Experienced Team: Promoters and employees with strong industry experience.
NA
- Mr. Mohamedyaseen Muhammadbhai Nathani
- Mr. Mohamedamin Mohammad Nathani
Focus Business Solution Limited
Purva Sharegistry India Private Limited