Focus Business Solution Ltd - IPO

Focus Business Solution Ltd IPO Details

Initial Public Issue of 6,42,000 equity shares of a face value of Rs. 10/- each (the equity shares) of Focus Business Solution Limited (the company or focus or fbsl or the issuer) for cash at a price of Rs. 19/- per equity share (including a share premium of Rs. 9/- per equity share) (issue price) aggregating to Rs. 1.22 Crores (the issue) of which upto 42,000 equity shares at an issue price of Rs. 19 per equity share aggregating to Rs. 0.08 Crores will be reserved for subscription by market maker (market maker reservation portion). The issue less the market maker reservation portion i.e. Issue of upto 6,00,000 equity shares of face value of Rs. 10.00 each at an issue price of Rs. 19 per equity share aggregating to Rs. 1.14.Crores is hereinafter referred to as the net issue. The issue and the net issue will constitute 28.89% and 27.00%, respectively of the post issue paid up equity share capital of the company.The face value of the equity shares is Rs. 10 each and the issue price is Rs. 19. The issue price is 1.90 times of the face value.

Objective of issue

To Part Finance Working Capital requirements of the Company. General Corporate Purposes.

Focus Business Solution Ltd Contact Details

Focus Business Solution Ltd, 9 ShivShakti Indl Es, J R Boricha Marg, Lower Parel, Mumbai - 400 011

Phone - 91-22-23010771/23018261

Fax - 91-22-23012517

Email - focusbsl2006@gmail.com

Website - www.focusbsl.com