Read Focus Business Solution IPO Date Price Band Issue Size Listing Allotment Market Lot & Details and company data and Grey market price in Comments, Article Published in Initial public offering section on e akhabaar
Focus Business Solution is ready to raise huge capital through its first-ever Initial Public Offer. The IPO will be open from June 30, 2023, and on the basis of details, it will be closed on July 05, 2023. The issue size has been revealed in the filing and it is approx Rs 1.12 crore IPO. The company will offer nearly 642000 Shares. The DRHP has been filed earlier with the Securities and Exchange Board of India (SEBI). The firm Focus Business Solution provides services to banks, financial institutions and NBFCs.
Focus Business Solution IPO Date
As per the info, the company was incorporated in the year 2006 in Gujarat. SO far the firm grew very well and achieved an impressive number of active clients. The revenue and profit are also stable. Now it is the biggest opportunity that a company going to list on stock exchanges.
| IPO Open: | 30 June 2023 |
| IPO Close: | 05 July 2023 |
| IPO Size: | Approx ₹1.12 Crore |
| Face Value: | ₹10 Per Equity Share |
| Price Band: | ₹19 Per Share |
| Listing on: | BSE SME |
| Retail Portion: | 50% |
| Equity: | 642,000 Shares |
The price band has been disclosed by the company and the shares are available at Rs 19 per equity share. You can invest in this share at this initial issue price. While the face value is Rs 10 per share.
Focus Business Solution IPO Review
IPO Listing will take place in July 2023 and as per the details given in filing. The share will be list on the Bombay Stock Exchange (BSE) and Small and Medium Enterprises (SME).
Retail investors have a chance to get successfully subscribed to the IPO because the 50% ratio is reserved for retail investors. If we talk about the minimum lot size and price then we want to give you details that an investor has to buy a minimum of 6000 shares that will cost around Rs 1,14,000. The maximum lot size and price is also the same as the minimum.
Focus Business Solution IPO Listing Date
Allotment will take place in July 2023 and if you want to know the exact date. So, there is no enough info is available regarding this. Possibly the Focus Business Solutions IPO allotment will be done in the first week of July 2023. You can apply for this Initial Public offer through any SEBI registered sharebroker. There are many share brokers are available in the market like Groww, 5paisa, Zerodha and Upstox. These are the top discount brokers today in India.
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