Focus Lighting And Fixtures Ltd IPO Message Board (Page 4)

Any Time Table for Focus Lighting And Fixtures Ltd IPO

A company with networth 959 lakhs having 408 lakhs pending taxes
Page No 22 "As on September 30, 2016 our Company has contingent liabilities of Rs. 408.44 Lakhs towards
Corporate Guarantees not provided for, demand in respect of TDS, Income Tax and VAT. The said
contingent liabilities if materialises may adversely affect the financial position of our Company."

A point missed by all. A company with networth 959 lakhs having 408 lakhs pending taxes.
Page No 22 "As on September 30, 2016 our Company has contingent liabilities of Rs. 408.44 Lakhs towards
Corporate Guarantees not provided for, demand in respect of TDS, Income Tax and VAT. The said
contingent liabilities if materialises may adversely affect the financial position of our Company."

Apart from that targeted end customer are rich class only, High competition from chinese companies(LED companies).

Plus point reasonable PE.

hello sir, Thanks for the reply. sir what is RHP & where it is to be found ? can you suggest any website plz?

RHP is Red Herring Prospectus . It is available above

This very small size ipo. Only 300 allotees will get shares. Rest will be refunded.

50% Retails so need 150 forms only

Seems to be a good IPO after a long time in SME category

@ Know Basic - Can you let me know how to apply for IPOs through Indian Overseas Bank online?

Opan a bank account, take netbanking, login, remittance, apply for ASBA, fill-in first page on DP ID, client ID, PAN, name etc., go to next page, select bank account, select IPO, bid and submit.

Any GMP or kostak?

M K PROTEINS LIMITED

Issue Open on 31 to 07 April 2017

Issue Price 70

LM - SARTHI CAPITAL ADVISORS PRIVATE
LIMITED

ASL Industries Limited

LM Guiness Corporate Advisors Private Limited.

issue price 35 Lot Size 4000

31 March to 07 April 2017

Dev Information Technology Limited

LM Sarthi Capital Advisors Private Limited.

Issue Price 42 Lot Size 3000

31 March to 06 April.

SME IPO Update :-

Sikko industries ltd.

Issue Open 5/04/2017
Issue Close 7/04/2017

Price :- 32 RS.

Share Lot :- 4000

Amount :- 128000/-

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which sme ipo are you talking about sir with sound financials

Yes, after chemcrux, this looks very good also. hopefully allotment will be easier :)

This could be in for another high subscription.
Low PE.
Trying to create a brand of its own.
Augurs well for a growth company.
Haven''t checked the financials but on the face of it looks reasonably priced.

analyse the listing price and issue price of Sme ipo for past two years . some are still trading below its face value. they are POORy performing companies . Amsons Apparels and funny software are such companies.