IPO Issue Details
Issue Price / Price Band₹45 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size3,000 Shares per Lot
Total Issue Size9,00,000 shares (aggregating up to ₹4.05 Cr)
Issue TypeFixed Price IPO
Sale Type / CategoryFresh Capital
Exchange / PlatformNSE SME
IPO TypeSME
Subscription OpenThu, 30 Mar 2017
Subscription CloseWed, 05 Apr 2017
Anchor AllotmentWed, 29 Mar 2017
Basis of AllotmentTue, 11 Apr 2017
Initiation of RefundsWed, 12 Apr 2017
Credit of Shares to DematWed, 12 Apr 2017
Listing DateThu, 13 Apr 2017
UPI Mandate Deadline2017-04-05
Application & Investment Details
Retail — Min (1 Lots)₹1,35,000 — 3,000 shares
Retail — Max (13 Lots)₹1,755,000 (13 Lots)
HNI — Min (2 Lots)₹2,70,000 — 6,000 shares
Net Offer to Public8,52,000 shares (aggregating up to ₹3.83 Cr)
Reserved for Market Maker48,000 shares (aggregating up to ₹0.2160 Cr)
Pre-IPO Promoter Holding24,78,600 shares
Post-IPO Promoter Holding33,78,600 shares
About Focus Lighting & Fixtures Ltd
Incorporated in 2005, Focus Lighting & Fixtures Ltd (Focus) is engaged in providing wide range of products which includes recessed adjustable spotlights, recessed down lights, surface mounted spotlights, surface-mounted / suspended down lights, system based spotlights / wall washer, track-mounted spotlights, etc. each with different working capabilities.Focus Lighting & Fixtures worked for some of the leading brands like And Designs, Global Designs, Croma, Raymond, Shoppers’ Stop, Park Avenue, Timberland, Globus and many more.The products of the Company are designed from Germany, these designs are provided to their supplier in China and the moulds prepared as per the specified designs. The products are imported from China under the brand name of TRIX. Company's products under brand name of PLUS are manufactured by M/s. Shantilal & Bros (Mfg Dept). Appox. 70-80% of their total purchases are from Shantilal & Bros (Mfg Dept). Even for exports, appx. 90% of the products are manufactured by Shantilal & Bros (Mfg Dept). Now the Company has initiated the process of establishing its own manufacturing unit at Bhiwandi, Mumbai due to growing demand of its products.
Objects of the Issue
Focus Lighting & Fixtures Ltd proposes to utilise the net proceeds from the Issue for the following objects:
1
Working Capital Requirements
3.65
Shareholding & Lock-in
Pre-IPO Promoter Holding
24,78,600 shares
Post-IPO Promoter Holding
33,78,600 shares