Issue Price
₹19
Per Share
GMP
NIL
Grey Market
Est. Listing
₹19
Expected Price
Min. Application
₹228,000
2 lots × 6000 shares
Incorporated in 2006, Focus Business Solutions Limited is engaged in the business of debt collection and recovery services for banks, financial institutions, and NBFCs. It takes strategic actions on delinquent accounts to recover overdue payments of loans, credit cards, and other credit facilities from customers.The company follows a smart retail collection administrative programme (RCAP) to recover overdue payment on personal loans, business loans, vehicle loans, loan against properties, 2-wheeler loan, SME loans, gold loans, and others. It further has a well-equipped call center with 64 workstations to take regular follow-ups from defaulters on the due payments.Competitive StrengthsSmart electronic debt recovery system.Scalable and robust technological infrastructure.Branches all over the country i.e. Vapi, Anand, Ahemdabad, Rajkot, Palanpur, etc.Experienced team of promoters and employees.
Focus Business Solution Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
| Category | Shares Offered | % Issue | Amount (₹ Cr)* | Subscription |
|---|---|---|---|---|
| Market Maker | 42,000 | — | ₹0.08 Cr | — |
| TOTAL | 642,000 | 100.00% | ₹1.22 Cr | — |
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 6,000 | ₹114,000 |
| Retail (Max) | 13 | 78,000 | ₹1,482,000 |
| sNII (Min) | 14 | 84,000 | ₹1,596,000 |
| bNII (Min) | 68 | 408,000 | ₹7,752,000 |
| Particulars | 31-Dec-20 | 31-Mar-20 | 31-Mar-19 |
|---|---|---|---|
| Revenue from Operations | 799.19 | 1090.73 | 1073.97 |
| EBITDA | N/A | N/A | N/A |
| Profit After Tax (PAT) | 19.74 | 15.25 | 11.77 |
| Net Worth | N/A | N/A | N/A |
| Total Assets | 468.19 | 395.66 | 415.64 |
| Reserves & Surplus | N/A | N/A | N/A |
| Total Borrowings | N/A | N/A | N/A |