Foce India IPO will be Open on 13 December 2021 and closes on 17 December 2021. The company has fixed the price of this IPO at ₹225 according to the face value of ₹10. The company will raise ₹29.03 Crores through this IPO under the 12,90,000 Equity Shares public issue. And the offer is 100% Fixed Price Issue.
Our company is mainly engaged in the business of supply, distribution and retailing of various types of wrist watches such as Analog, Digital, Chronograph, Designer etc. which are either custom built or general in nature. Foce is an italian word for the delta formed at the entrance to the sea from the river. Like the delta that encompasses everything from the river, to the land, to the sea, to the natural and dynamic power of water; FOCE is a fashionable watch with a sensual design which embraces the immortality of love, youth and joy that you would want to keep forever.
Foce India Limited, formerly known as Heighten Trading Company Private Limited has been at the forefront of Indian Horology Industry for the last three decades. Started as a small retail shop in 1980’s in Mumbai, the company today manufactures and imports wrist watches under various brand names and has become one of the front runners in the mid-range segment with distribution across 1700 retail stores across the country with an imposing list clientele in corporate segment.
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Foce India IPO Review :
■ Apply Long Term Or AVOID
Foce India IPO GMP Live:
Foce India IPO GMP Or Grey Market Premium Available Here. The SME IPO GMP Premium updated Day By Day IPOs Running Period and the GMP Rates are Fluctuate and Stable Some times later. (GMP rates are Not 100% Guaranteed)
| Date | GMP | Subject Rate |
| 16 Dec 2021 | ₹0-₹0 | ₹0 |
| 15 Dec 2021 | ₹0-₹0 | ₹0 |
| 14 Dec 2021 | ₹0-₹0 | ₹0 |
| 13 Dec 2021 | ₹0-₹0 | ₹0 |
Foce India IPO Date & Price Band & Details :
| Issue Offer : | Fixed Price Issue |
| IPO Open : | 13 December 2021 |
| IPO Close : | 15 December 2021 |
| IPO Size : | ₹29.03. Cr |
| Face Value : | ₹10 Rs. Equity Share |
| Price Band : | ₹225 Per Share |
| Listing On : | NSE, SME |
| Issue Size : | ₹29.03. Cr |
| Fresh Issue : | ₹20.25. Cr |
| Offer For Sale : | ₹8.78. Cr |
Foce India IPO Market Lot :
Foce India IPO Minimum Market lot is 1 Lot with 600 shares with ₹135,000 Application amount. The retail investors can apply up to 1 lots with 600 Shares or ₹135,000 amounts.
| Minimum Lot Size : | 1 Lot |
| Minimum Share : | 600 Shares |
| Minimum Amount : | ₹135,000 |
| Minimum Lot Size : | 1 Lot |
| Maximum Shares : | 600 shares |
| Maximum Amount : | ₹135,000 |
Foce India IPO Shares Offer :
A Total of 12,90,000 shares are to be bid for the public issue by Foce India IPO with 900,000 for Fresh issue and 390,000 for offer for sale – Shares.
| Category | Shares Offers | Amount |
|---|---|---|
| Fresh issue : | 900,000 | ₹20.25 Cr |
| Offer For Sale : | 390,000 | ₹8.78 Cr |
| Total : | 12,90,000 Eq Shares | ₹29.03 Cr |
Foce India IPO Reservation :
Foce India IPO Total Reservation of 12,90,000 shares are to be bid for the public issue by Foce India IPO with – for QIB and 6,45,000 for NII 6,45,000 For RII & – Shares EMP.
| Category | Reservation | Shares | Amount |
|---|---|---|---|
| QIB : | % | – | ₹ |
| NII : | 50% | 6,45,000 | ₹14.51 Cr |
| RII : | 50% | 6,45,000 | ₹14.51 Cr |
| MMRP : | – % | – | ₹ |
| Total : | 100% | 12,90,000 | ₹29.03 Cr |
Foce India IPO Dates :
Foce India IPO Date is 13 December 2021 and closes on 17 December 2021. The allotment will be finalized on 21 Dec 2021 and the IPO may list on 27 Dec 2021.
| Issue Open Date : | 13 December 2021 |
| Issue Close Date : | 17 December 2021 |
| Allotment Date : | 21 December 2021 |
| Refund Date : | 22 December 2021 |
| Share Credit Date : | 23 December 2021 |
| Listing Date : | 27 December 2021 |
Foce India IPO Form :
There are two ways to apply in Foce India IPO. You can apply for Foce India IPO through ASBA available in your bank account. You have to go to your online bank login and select Foce India IPO in the Invest section and apply through your bank account. Another option is you can apply Foce India IPO through IPO form download through NSE and BSE. See the Foce India IPO Form – Download the NSE Form and BSE Form IPO Form, fill it, and submit it to your bank or your broker.
Foce India Company Financial Report (Lakh) :
| Year | Revenue | Expense | PAT |
| 2021 | ₹3,616.68 | ₹3,413.18 | ₹152.25 |
| 2020 | ₹7,689.83 | ₹7,422.39 | ₹198.94 |
| 2019 | ₹5,444.44 | ₹5,226.05 | ₹160.7 |
| 2018 | ₹6,208.18 | ₹5,983.76 | ₹158.45 |
About Foce India Company
Our company is mainly engaged in the business of supply, distribution and retailing of various types of wrist watches such as Analog, Digital, Chronograph, Designer etc. which are either custom built or general in nature. we are procuring our entire requirement of watches and other products from our group concern namely M/s Foce Industries, a partnership firm, which is engaged in the business of manufacturing /assembling of wrist watches at Guwahati, Assam.
Foce India Limited, formerly known as Heighten Trading Company Private Limited has been at the forefront of Indian Horology Industry for the last three decades. Started as a small retail shop in 1980’s in Mumbai, the company today manufactures and imports wrist watches under various brand names and has become one of the front runners in the mid-range segment with distribution across 1700 retail stores across the country with an imposing list clientele in corporate segment.
| Read also: All SME IPO List 2021 |
We have incorporated On April 06, 2021, a wholly owned subsidiary company namely FO Industries Private Limited in Mumbai with an object to carry on the business of manufacturing/ assembling of watches and other products and the facilities is being located at Bhiwandi, Near Mumbai. This subsidiary was incorporated to increase supply of finished products and minimize our dependency on our group concern. This subsidiary is likely to commence its business in the month of December, 2021 and the funds required for investment in subsidiary is met out of the internal accrual of our company.
Our core strength lies in Customer’s Loyalty, Dedicated Team, Excellent Quality Products, Strong Resources, and Marketing Network & Prompt Delivery. We value our customers and aim to exceed customer expectations by fulfilling valuable commitments. Our customer-oriented approach and cordial relations with them are the key strengths of our company. We aim to provide cost effective solutions while adhering to the quality standards of the services.
We strive to establish relationships with clients and collaborate with them to drill down on the best solutions. For the First Quarter Ended on June 30, 2021 and financial year ended on March 31, 2021, March 31, 2020 and March 31, 2019, our total revenue stood at ₹3,616.47 Lakhs, ₹7,689.50 Lakhs, ₹ 5,444.41 Lakhs and ₹ 6,208.18 Lakhs respectively. Further, Our Profit after Tax for the First Quarter Ended on June 30, 2021 and financial year ended on March 31, 2021, March 31, 2020 and March 31, 2019 stood at ₹152.25 Lakhs, ₹198.94 Lakhs, ₹160.70 Lakhs and ₹ 158.45 Lakhs respectively.
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Company Strenghts
- Our experience of over two decades in watch industry.
- Pan India presence through network of strategically located retail watch stores.
- Experience of our Promoters and a strong management team and employees.
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Company Promoters :
■ Mr. Manoj Sitaram Agarwal
Foce India Board of Directors
| Name | Designation |
| Mr. Manoj Sitaram Agarwal | Managing Director |
| Mr. Utkarsh Agarwal | Executive Director |
| Mr. Lalit Kumar Tapadia | Independent Director |
| Ms. Rekha Agarwal | Independent Director |
| Ms. Abhilasha Chaudhary | Independent Director |
Quick Link :
■ DRHP Draft Prospectus
■ RHP Draft Prospectus
Foce India IPO Lead Managers :
■ Mark Corporate Advisors Private Limited
Foce India IPO Registrar :
Purva Shareregistry (India) Pvt Ltd
Unit no. 9, Shiv Shakti Ind. Estt.,
J.R. Borichamarg, Opp. Kasturba,
Hospital Lane, Lower Parel (E),
Mumbai – 400011, Maharashtra, India
Tel.No: +91 22-2301 6761/ 8261
Fax No: +91 22 2301 2517
E-mail : [email protected]/ [email protected]
Website: www.purvashare.com
Note: Check Foce India IPO allotment status Visit IPOBAZAR Allotment Page And Search Your Registrar IPO Allotment Link. Click Here
Company Address :
Foce India Limited
4 Kingston Shastri Nagar,
Lokhandwala Complex,
Andheri West,
Mumbai-400 053,
Maharashtra
Tel. No. 022 26349544
E-mail: [email protected]
Website: https://foceindia.com/
Foce India IPO FAQs :
What is Foce India IPO?
Foce India IPO is SME IPO. They are going to raise ₹29.03. Crores via IPO. The issue is priced at ₹225 per equity share. The IPO to be listed on NSE, SME.
When Foce India IPO will open?
The IPO is to open on 13 December 2021 and closes on 17 December 2021 for QIB, NII & RII.
What is Foce India IPO Size?
Foce India IPO size is ₹29.03 Crores.
What is the Fresh issue size of Foce India IPO?
The Fresh issue size of Foce India IPO ₹20.25 Cr.
What is the Offer For Sale size of Foce India IPO?
The Offer For Sale size of Foce India IPO ₹8.78 Cr.
What is Foce India IPO Price Band?
Foce India IPO Price Band is ₹225 Per 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 Investors Portion?
The investors’ portion for QIB 0%, NII 50%, RII 50%.
What is Foce India IPO Allotment Date?
Foce India IPO allotment date is 21 December 2021.
What is Foce India IPO Listing Date?
Foce India IPO listing date is 27 December 2021. The IPO to list on NSE, SME.
How to Apply the Foce India IPO through Zerodha?
“NSE SME IPO is Not Apply in Zerodha”.Log in to Console in Zerodha Website. Go to Portfolio and Click on IPO. You will see the IPO Name “Foce India IPO”. 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.
How to Apply the Foce India IPO through Upstox?
“NSE SME IPO is Not Apply in Upstox”.Log in to Upstox Website or app. Go to Portfolio and Click on IPO. You will see the IPO Name “Foce India IPO”. 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.
How to Apply the Foce India IPO through Groww?
“NSE SME IPO is Not Apply in Groww”.Log in to Groww Website or app. Now you can see IPOs and Click on IPO. You will see the IPO Name “Foce India IPO”. 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.
How to Apply the Foce India IPO through Paytm Money?
“NSE SME IPO is Not Apply in Paytm Money”.Log in to the Paytm Money Website or app. Now you can see Invest is IPOs Section and Click on IPO. You will see the IPO Name “Foce India IPO”. 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.
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