Focus Suites Solutions & Services Ltd IPO

Closed

Subscription Details

  • Open Date 30 Jan
  • Close Date 01 Feb
  • Lot Size 8000
  • IPO Size ₹ 6.49 Cr
  • IPO Price Range ₹ 18
  • Min Investment ₹ 144000

Focus Suites Solutions & Services Ltd IPO Timeline

Open Date
30 Jan
Close Date
01 Feb
Basis of Allotment
-
Refunds
-
Credit to Demat Account
-
Listing Date
-

IPO Synopsis

Initial public issue of 36,08,000 equity shares of face value Rs. 10 each fully paid for cash at a price of Rs. 18 per equity share (including a share premium of Rs. 8 per equity share) (the issue price) aggregating up to Rs. 6.49 crores (the issue) of which upto 1,84,000 equity shares of face value Rs. 10 each for cash at a price of Rs. 18 per equity share, aggregating Rs. 0.33 crores will be reserved for subscription by the market maker to the issue (the market maker reservation portion). The issue less market maker reservation portion i.e. Issue of 34,24,000 equity shares of face value of Rs. 10 each for cash at a price of Rs. 18 per equity share, aggregating Rs. 6.16 crores is hereinafter refered to as the net issue. The issue and the net issue will constitute 27.03% and 25.65%, respectively of the post issue paid up equity share capital of the company. The Face value of the equity share is Rs. 10/- each and the issue price of Rs. 18 is 1.8 times of the face value of the equity shares.

How to apply for an IPO?

  • Login to your 5paisa account and select the issue in the current IPO section

  • Enter the number of lots and price at which you wish to apply for

  • Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange

  • You will receive a mandate notification to block funds in your UPI app

  • Approve the mandate request on your UPI and funds will be blocked

Contact Details of Focus Suites Solutions & Services Ltd IPO

Contact Information

Address

2nd Flr Kalpak Arcade No.46/17,
Church Street,
Bangalore, Karnataka 560001

Focus Suites Solutions & Services Ltd IPO Lead Manager

Pantomath Capital Advisors Pvt Ltd
Open Demat Account