Focus Suits Solutions IPO

Focus Suits Solutions IPOBusiness description - Focus Suits Solutions is a qualitative fieldwork agency, having presence across 18 major countries in Asia, Middle East and Latin America. The company has team of project managers who handled the project execution of different fieldwork across various industries like healthcare, automobiles, IT and telecommunications, FMCG, Retail etc. The company provides insights to its clients and assists them in making strategic decisions in their respective lines of business. The company is professionally managed, with a Board of Directors comprising two independent directors and three executive directors who are experienced in the business of the company.

The team of project managers has, over the years, built considerable expertise in project execution of different fieldwork across various industries like healthcare, automobiles, IT and telecommunications, FMCG, Retail etc. Majestic Market Research Support Services Limited is the promoter of Focus Suits Solutions. Sandip Bhatia and Naina Krishna Murthy were the initial subscribers to the Memorandum of Association of the company. Subsequently the shares of Sandip Bhatia and Naina Krishna Murthy were transferred to Majestic Market Research Support Services Limited on August 11, 2016.

Promoters of Focus Suits Solutions & Services – Majestic Market Research Support Services Limited
Focus Suits Solutions IPO details
Subscription Dates 30 Jan - 1 Feb 2018
IPO Price band INR18 per share
Fresh issue 3,608,000 shares (INR6.49 crore)
Offer for sale Nil
Total IPO size 3,608,000 shares (INR6.49 crore)
Minimum bid (lot size) 8,000 shares
Face Value  INR10 per share
Retail Allocation 50%
Listing On BSE SME platform
Use of funds
  • Repayment of loans - INR4.68 crore
  • General Corporate Expenses 
Focus Suits Solutions' financial performance (in INR lakh)
  FY2013 FY2014 FY2015 FY2016 FY2017* 4M FY2018*
Total revenue 510.6 529.4 601.8 750.7 1,541.6 577.8
Total expenses 498.5 512.1 581.5 652.4 1,349.5 497.0
Profit after tax 8.4 11.8 13.8 65.3 128.9 55.8

*Consolidated results

Focus Suits Solutions Contact Details

Focus Suits Solutions & Services Limited
C-108, Kanakia Zillion, LBS Marg
Gateway to BKC, Kurla West
Mumbai - 400070

Phone: +91 22 2654 0725
Email: investor@focus-suites.com
Website: www.focus-suites.com

Focus Suits Solutions IPO Subscription Details
Day Subscription (no. of times)
Day 1 1.67
Day 2 6.75
Day 3 174.88
   
   
Focus Suits Solutions Valuation (Latest FY)

Earnings Per Share (EPS): INR5.00

Price/Earnings (P/E) ratio: 3.6

Return on Net Worth (RONW): 28.37%

Net Asset Value (NAV): INR17.51 per share

Registrar of Focus Suits Solutions IPO

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

Focus Suits Solutions IPO Allotment Status

Focus Suits Solutions IPO allotment status is now available on Bigshare Services' website. Click on this link to get allotment status.

Listing performance of Focus Suits Solutions

IPO Opening Date: 30 January 2018

IPO Closing Date: 1 February 2018

Listing Date: 9 February 2018

Listing Price on BSE SME: INR 21.6 per share (up 20% from IPO price)

Closing Price on BSE SME: INR 21.6 per share (up 20% from IPO price)

Focus Suits Solutions IPO
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8 thoughts on “Focus Suits Solutions IPO

  • February 7, 2018 at 12:00 PM
    Permalink

    WHAT IS THE CURRENT GMP

    Reply
  • February 6, 2018 at 8:19 PM
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    Allotment kab hogi iski???

    Reply
  • January 30, 2018 at 6:50 PM
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    something fishy

    Reply
  • January 30, 2018 at 11:20 AM
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    Yes, it is good because of MRSS. What an IPO that was. Did not have confidence in the company at IPO but I picked up after listing and it has performed much better than A graders for me.

    Reply
  • January 30, 2018 at 10:06 AM
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    MRSS GROUP COMPANY.
    THOSE WHO INVESTED IN MRSS IPO IN JUNE 2015 WILL REMEMBER THIS MULTIBAGGER. OFFERED AT 13 RS. NOW 300 RS. FOCUS COMES UNDER MRSS GROUP.

    IT IS GOOD FOR LISTING GAIN AS WELL AS LONG TERM INVESTMENT

    Reply
  • January 28, 2018 at 11:18 AM
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    Parent company had made money earlier; trying luck second time !

    Reply
  • January 24, 2018 at 4:45 PM
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    This one is interesting. Good profit margins and Majestic as the promoter.

    Invest with full force!

    Reply

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