Focus Lighting and Fixtures IPO

Focus Lighting and Fixtures IPO

 

Focus Lighting and Fixtures IPO

Focus Lighting and Fixtures currently provides vide range of products which includes recessed adjustable spotlights, recessed downlights, surface mounted spotlights, surface-mounted / suspended downlights, system based spotlights / wallwasher, track-mounted spotlights, etc. each with different working capabilities. The new range of luminaires have been designed and developed by the finest product designers from Germany, proficient in the field of lighting design; supported by a proficient team of Indian Professionals.

The products of Focus Lighting and Fixtures are designed from Germany, these designs are provided to its supplier in China and the moulds prepared as per the specified designs. The products are imported from China under the brand name of TRIX. Its products under brand name of PLUS are manufactured by M/s. Shantilal & Bros (Mfg Dept). Appox. 70-80% of its total purchases are from Shantilal & Bros (Mfg Dept). Even for exports, appx. 90% of the products are manufactured by Shantilal & Bros (Mfg Dept).

Focus Lighting and Fixtures has initiated the process of establishing its own manufacturing unit at Bhiwandi, Mumbai due to growing demand of its products. Over the last decade, the company has successfully worked for some of the leading brands like And Designs, Global Designs, Croma, Raymond, Shoppers’ Stop, Park Avenue, Timberland, Globus and many more.

Promoters of Focus Lighting and Fixtures – Amit Vinod Sheth and Deepali Amit Sheth

Focus Lighting and Fixtures IPO details

Subscription Dates 30 Mar - 5 Apr 2017
IPO Price band INR45 per share
Fresh issue 900,000 shares (INR4.05 crore)
Offer for sale Nil
Total IPO size 900,000 shares (INR4.05 crore)
Minimum bid (lot size) 3,000 shares
Face Value  INR10 per share
Retail Allocation 50%
Listing On NSE Emerge platform

 

Focus Lighting and Fixtures' financial performance (in INR crore)

FY2012 FY2013 FY2014 FY2015 FY2016 6M FY2017
Total revenue 15.2 18.3 34.2 42.2 61.1 36.7
Total expenses 14.7 17.7 33.1 40.6 56.3 34.1
Profit after tax 0.3 0.4 0.8 1.1 3.3 1.5

Focus Lighting and Fixtures Limited
1007-1010, Corporate Avenue Wing A, Sonawala Road, Near Udyog Bhavan
Goregaon (East), Mumbai – 400 063

Phone: +91 22 2686 5676
Email: info@pluslighttech.com
Website: www.pluslighttech.com

Day Subscription (no. of times)
Day 1  0.11
Day 2  0.52
Day 3  4.11
Day 4  88.99

 

Focus Lighting and Fixtures IPO allotment status is now available on Bigshare Services Private Limited website. Click on this link to get allotment status.

Bigshare Services Private Limited 
E2, Ansa Industrial Estate, Sakivihar Road,
Sakinaka, Andheri (E),
Mumbai – 400 072

Phone: +91 22 4043 0200 
Fax:
+91 22 2847 5201
Email:
ipo@bigshareonline.com
Website: www.bigshareonline.com

IPO Opening Date: 30 March 2017

IPO Closing Date: 5 April 2017

Listing Date: 13 April 2017

Listing Price on NSE SME: INR54 per share (up 20% from IPO price)

Closing Price on NSE SME: INR54 per share (up 20% from IPO price)

Focus Lighting and Fixtures IPO
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6 thoughts on “Focus Lighting and Fixtures IPO

  • April 17, 2017 at 9:58 AM
    Permalink

    It is up 20% today also

    Reply
  • April 13, 2017 at 2:14 PM
    Permalink

    Missed applying in this. Superb listing, just not coming down

    Reply
  • April 5, 2017 at 11:10 AM
    Permalink

    Approx primum in grey market

    Reply
  • April 5, 2017 at 11:09 AM
    Permalink

    Approx primum…in grey market

    Reply
  • March 30, 2017 at 1:34 PM
    Permalink

    looks decent with profits…

    Reply
  • March 29, 2017 at 9:29 PM
    Permalink

    is this good ipo and what is open price

    Reply

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