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, Shoppersâ€™ 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.
The promoters of the company are:
1. Mr. Amit Vinod Sheth and
2. Ms. Deepali Amit Sheth
The objects of the Issue are:
1. To meet the working capital requirements of the Company;
2. Issue Expenses.
»» Issue Open: Mar 30, 2017 - Apr 5, 2017
»» Issue Type: Fixed Price Issue IPO
»» Issue Size: 900,000 Equity Shares of Rs 10 aggregating up to Rs 4.05 Cr
»» Face Value: Rs 10 Per Equity Share
»» Issue Price: Rs 45 Per Equity Share
»» Market Lot: 3000 Shares
»» Minimum Order Quantity: 3000 Shares
»» Listing At: NSE SME
|Number of Bids Received|
|As on Date & Time||QIB||NII||RII||Total|
|Shares Offered / Reserved|
|Day 1 - Mar 30, 2017 17:00 IST||0||45,000||51,000||96,000|
|Day 2 - Mar 31, 2017 17:00 IST||0||318,000||153,000||471,000|
|Day 3 - Apr 3, 2017 17:00 IST||60,000||867,000||2,769,000||3,696,000|
|Day 4 - Apr 5, 2017 17:00 IST||1,029,000||33,600,000||45,465,000||80,094,000|
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