The Focus Suits Solutions IPO date has been confirmed from January 30, 2018 and ended on February 1, 2018.
Using an IPO, Focus Suits Solutions is seeking to raise Rs 6.49 crores. Its price is ₹18 per share. The minimum lot size for an application is 8000 Shares. The minimum amount of investment required by retail investors is ₹144,000.
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Bidding Dates
Jan 30-Feb 1
Price Range
₹18 per share
Face Value
₹10 per share
GMP
₹1.44
Focus Suits Solutions IPO GMP
The Focus Suits Solutions Limited IPO GMP is ₹1.44.
IPO Overview
The Focus Suits Solutions initial public offering (IPO) has a set price of Rs 6.49 crores. The IPO bidding for Focus Suits Solutions began on January 30, 2018 and finished on February 1, 2018. On February 9, 2018, the shares were listed on the BSE SME. The IPO price for Focus Suits Solutions is 18 per share. An application requires a minimum lot size of 8000 Shares. Retail investors must make a minimum investment of ₹144,000.
The primary services they offer:
- Qualitative Fieldwork
- Sensorial Fieldwork
- Usability Fieldwork
- Data Acquisition and Data Analysis
Focus Suits Solutions IPO Details
| IPO Date | January 30, 2018 to February 1, 2018 |
| Listing Date | February 9, 2018 |
| Face Value | ₹10 per share |
| Price | ₹18 per share |
| Lot Size | 8000 Shares |
| Total Issue Size | 3,608,000 shares (aggregating up to ₹6.49 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | BSE SME |
Focus Suits Solutions IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 8000 | ₹144,000 |
| Retail (Max) | 1 | 8000 | ₹144,000 |
Focus Suits Solutions IPO Listing Details
| Listing Date | February 9, 2018 |
| BSE Script Code | 540945 |
| NSE Symbol | |
| ISIN | INE180Z01019 |
| Final Issue Price | ₹18 per share |
Company Profile
Focus Suits Solutions & Services Ltd, founded in 2017, is a market research firm based in Bangalore with a presence in 18 key Asian, Middle Eastern, and Latin American nations. Other Market Research Companies can use their services for Fieldwork, Panel Research, and primary data collection. They belong to ESOMAR and CASRO. They have a team of project managers who handle the project execution of numerous fieldwork across diverse industries such as healthcare, automotive, information technology and telecommunications, FMCG, retail, and so on.
They assist their clients in making strategic decisions in their different sectors of business. Over the years, the company’s project management staff has developed great competence in project execution of diverse disciplines across several industries such as healthcare, cars, IT and telecommunications, FMCG, Retail, and so on. Foreign markets account for a sizable amount of their revenue.
Registrar Info
| Name | Bigshare Services Pvt Ltd |
| Phone number | +91-22-6263 8200 |
| Email ID | ipo@bigshareonline.com |
| Website | ipo.bigshareonline.com |
Contact Details
| Name | Focus Suits Solutions & Services Ltd |
| Phone number | +91-80-41757500 |
| Email ID | investor@focus-suites.com |
| Website | focus-suites.com |
IPO Strenghts
- Experienced promoters and a competent management team.
- Well-established relationships with a loyal customer base.
- Access to markets worldwide, enabling global reach.
IPO Weakness
- Heavy reliance on customers based in the United States.
- Need to adhere to multiple laws and regulations in these countries to ensure compliance.
- Competition from other players in the market.
