Foce India Limited SME IPO to open on December 13 and will close on December 17, 2021. Foce India was incorporated in 2001, doing supply, distribution, and retailing of wristwatches. The company is formally known as Heighten Trading Company Private Limited. The journey started way back in the 1980s when the company started its retail shop in Mumbai. Today company manufacturer and imports wristwatches under various brands and become a front runner in the midrange segment. They have a distribution network of 1700 retail stores in India with clientele incorporate segment as well. Their 2% revenue comes from their own brand “FOCE”. Their product portfolio includes watches like Analog, Digital, Chronograph, Designer, etc., and they are also involved in corporate gisting such as Time Piece, Wall Clocks, Belts, Ties, Wallets, Pens, Goggles, etc. The company recently incorporated wholly-owned subsidiary company FO Industries Private Limited in Mumbai. The company will be taking care of business of manufacturing and assembling watches and other products at their facilities located at Bhiwandi.
The IPO price band is fixed at ₹225 with a market lot of 600 shares. DMR is an NSE SME IPO and they are going to raise ₹29.03 crores via SME IPO. Check out Foce India IPO date, price band, and market lot details.
Foce India IPO Review
- May Apply
Foce India IPO Date & Price Band
| IPO Open: | 13 December 2021 |
| IPO Close: | 17 December 2021 |
| IPO Size: | Approx ₹29.03 Crores |
| Face Value: | ₹10 Per Equity Share |
| Price Band: | ₹225 Per Equity Share |
| Listing on: | NSE SME |
| Retail Quota: | 50% |
| NII Quota: | 50% |
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
Foce India IPO Market Lot
The Foce India IPO minimum market lot is 6000 shares with ₹135,000 application amount.
| Minimum Lot Size: | Minimum 600 Shares for 1 lot |
| Minimum Amount: | ₹135,000 for 1 lot |
| Maximum Lot Size: | Minimum 600 Shares for 1 lot |
| Maximum Amount: | ₹135,000 for 1 lot |
Foce India IPO Time Table, Allotment & Listing
The Foce India IPO date is 13 December 2021 and the IPO close date is 17 December 2021. The allotment date is December 2021 and the IPO may list on December 2021.
| IPO Open Date: | 13 December 2021 |
| IPO Close Date: | 17 December 2021 |
| Basis of Allotment: | December 2021 |
| Refunds: | December 2021 |
| Credit to Demat Account: | December 2021 |
| IPO Listing Date: | December 2021 |
Foce India IPO Form
How to apply the Foce India IPO? You can apply Foce India IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Foce India IPO in the Invest section. The other option you can apply Foce India IPO via IPO forms download via NSE and BSE. Check out the Foce India forms – click NSE IPO Forms download, fill and submit in your bank or with your broker.
Foce India Company Financial Report
| ₹ in Crores | |||||
| Assets | Revenue | Expense | PAT | ||
| 2019 | ₹14.05 | ₹62.08 | ₹- | ₹1.58 | |
| 2020 | ₹11.18 | ₹54.44 | ₹- | ₹1.61 | |
| 2021 | ₹37.49 | ₹76.90 | ₹- | ₹1.99 | |
Company Promoters
- Mr. Manoj Sitaram Agarwal
- Mrs. Anita Agarwal
- Mrs. Parmeshwari Agarwal
Foce India IPO Registrar
Purva Sharegistry India Pvt Ltd
9, Shiv Shakti Industrial Estate,
JR Borica Marg, Lower Parel (East),
Mumbai – 400 011
Phone: +91-022-23018261/ 23016761
Email: [email protected]
Website: http://www.purvashare.com
Note: Check Foce India IPO allotment status on PurvaShare website allotment URL. Click Here
Foce India IPO Lead Managers
- Mark Corporate Advisors Private Limited
Company Address
Foce India Limited
4 Kingston, Shastri Nagar, Lokhandwala Complex,
Andheri West, Mumbai-400 053,
Maharashtra
Phone: 022 26349544
Email: [email protected]
Website: http://www.foceindia.com/
Foce India IPO FAQs
What is Foce India IPO?
Foce India IPO is a NSE SME IPO. They are going to raise ₹29.03 Crores via IPO. The issue is priced at ₹225 per equity share. The IPO is to be listed on NSE.
When Foce India IPO will open?
The IPO is to open on 13 December 2021 for NII, and Retail Investors.
What is Foce India IPO Investors Portion?
The investors’ portion for NII 50%, and Retail 50%.
How to Apply the Foce India IPO?
You can apply Foce India IPO via ASBA online via your bank account. You can also apply ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.
How to Apply the Foce India IPO through Zerodha?
Log in to Console in Zerodha Website or in Application. Go to Portfolio and Click on IPO. You will see the IPO Name “Foce India Finance”. Click on Bid Button. Enter your UPI ID, Quantity and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Zerodha.
How to Apply the Foce India IPO through Upstox?
Log in to Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Foce India Finance”. Click on Bid Button. Confirm your application. Now go to your UPI App on Net Banking or BHIM App to Approve – mandate. Open Demat Account with Upstox.
What is Foce India IPO Size?
Foce India IPO size is ₹29.03 crores.
What is Foce India IPO Price Band?
Foce India IPO Price Band is ₹225 per equity share.
What is Foce India IPO Minimum and Maximum Lot Size?
The minimum bid is 600 shares with ₹135,000 amount while the maximum bid is 600 shares with ₹135,000.
What is Foce India IPO Allotment Date?
Foce India IPO allotment date is December 2021.
What is Foce India IPO Listing Date?
Foce India IPO listing date is December 2021. The IPO to list on BSE SME.
Note: The Foce India IPO details are announced officially. The IPO grey market premium (Foce India IPO Premium) is updated on the respective page. You can check our IPO grey market page for daily updates.)
