The Focus Lighting and Fixtures Initial Public Offering (IPO) has a set price of Rs 4.05 crore. The IPO auction for Focus Lighting and Fixtures began on March 30, 2017 and closed on April 5, 2017. On April 13, 2017, the shares were listed on the NSE SME. The IPO price for Focus Lighting and Fixtures is $45 per share. A lot size of 3000 shares is required for an application. Retail investors must make a minimum commitment of $135,000.
Focus Lighting & Fixtures Ltd (Focus) was founded in 2005 and offers a diverse range of products such as recessed adjustable spotlights, recessed down lights, surface mounted spotlights, surface-mounted / suspended down lights, system based spotlights / wall washer, track-mounted spotlights, and so on. Focus Lighting & Fixtures has worked with well-known brands such as And Designs, Global Designs, Croma, Raymond, Shoppers’ Stop, Park Avenue, Timberland, Globus, and many others.
The Company’s products are designed in Germany, and the designs are sent to their supplier in China, who prepares the moulds according to the specifications. The items are imported from China under the TRIX brand. M/s. Shantilal & Bros (Mfg Dept) manufactures the company’s PLUS brand items. Shantilal & Bros (Mfg Dept) accounts for around 70-80% of their overall purchasing. Even for exports, Shantilal & Bros (Mfg Dept) manufactures around 90% of the products. Due to increased demand for its products, the company has begun the process of creating its own production centre in Bhiwandi, Mumbai.
Focus Lighting And Fixtures IPO Details
| IPO Date | March 30, 2017 to April 5, 2017 |
| Listing Date | April 13, 2017 |
| Face Value | ₹10 per share |
| Price | ₹45 per share |
| Lot Size | 3000 Shares |
| Total Issue Size | 900,000 shares (aggregating up to ₹4.05 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | NSE SME |
Focus Lighting And Fixtures IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 3000 | ₹135,000 |
| Retail (Max) | 1 | 3000 | ₹135,000 |
Objects of the Issue (Focus Lighting And Fixtures IPO Objectives)
The objects of the Issue are:
- To meet the working capital requirements of the Company;
- Issue Expenses.
Focus Lighting And Fixtures IPO Listing Details
| Listing Date | April 13, 2017 |
| BSE Script Code | |
| NSE Symbol | FOCUS |
| ISIN | INE593W01010 |
| Final Issue Price | ₹45 per share |
Focus Lighting And Fixtures Listing Day Trading Information
| Price Details | NSE SME |
|---|---|
| Final Issue Price | ₹45.00 |
| Open | ₹54.00 |
| Low | ₹54.00 |
| High | ₹54.00 |
| Last Trade | ₹54.00 |
Focus Lighting And Fixtures Ltd Contact Details
Focus Lighting And Fixtures Ltd
1007-1010, Corporate Avenue Wing A,
Sonawala Road, Near Udyog Bhavan,
Goregaon (East), Mumbai – 400063
Phone: + 91 22 26865676/72-76
Email: [email protected]
Website: http://www.pluslighttech.com
Focus Lighting And Fixtures IPO Registrar
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: [email protected]
Website: https://ipo.bigshareonline.com
Focus Lighting And Fixtures IPO FAQs
Q1. What is Focus Lighting And Fixtures IPO?
Ans. Focus Lighting And Fixtures IPO is a SME IPO of 900,000 equity shares of the face value of ₹10 aggregating up to ₹4.05 Crores. The issue is priced at ₹45 per share. The minimum order quantity is 3000 Shares. The IPO opens on March 30, 2017, and closes on April 5, 2017.
Q2. When Focus Lighting And Fixtures IPO will open?
Ans. The Focus Lighting And Fixtures IPO opens on March 30, 2017 and closes on April 5, 2017.
Q3. What is the lot size of Focus Lighting And Fixtures IPO?
Ans. Focus Lighting And Fixtures IPO lot size is 3000 Shares, and the minimum amount required is ₹135,000.
Q4. When is Focus Lighting And Fixtures IPO listing date?
Ans. The Focus Lighting And Fixtures IPO listing date is on April 13, 2017.
