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| Issue Open | Jun 30, 2021 |
| Issue Close | Jul 5, 2021 |
| IPO Price | ₹19 |
| Face Value | ₹10 |
| IPO Size | ₹1.22 Cr |
| Listing At | BSE SME |
| IPO Lot Size | 6000 |
Focus Business Solution IPO subscribed 6.66 times. The public issue subscribed 10.10 times in the retail category, [.] times in QIB, and 3.22 times in the NII category by Jul 5, 2021.
| Investor Category | Subscription (times) |
|---|---|
| Qualified Institutions | [.] |
| Non-Institutional Buyers | 3.22 |
| Retail Investors | 10.10 |
| Employees | [.] |
| Others | [.] |
| Total | 6.66 |
| Date | NII | Retail | Total |
|---|---|---|---|
Day 1 | 3.22 | 10.10 | 6.66 |
Focus Business Solution IPO is a public issue of 600,000 equity shares. The issue offers 300,000 shares to retail investors, 0 shares to qualified institutional buyers, and 300,000 shares to non-institutional investors.
| Category | Shares Offered | % |
|---|---|---|
| NII | 300,000 | 50.00% |
| Retail | 300,000 | 50.00% |
| Total | 600,000 | 100% |
Financial Institutions, Banks, FIIs, and Mutual Funds registered with SEBI are called QIBs. In most cases, QIBs represent small investors who invest through mutual funds, ULIP schemes of insurance companies, and pension schemes.
Individual investors, NRIs, companies, trusts, etc who bid for more than Rs 2 lakhs are known as Non-institutional bidders or NII. They need not register with SEBI like QIIs.
The retail individual investor or NRIs who apply up to Rs 2,00,000 in an IPO are considered as RII reserved category.
A category of eligible employees who have a reserved quota in the IPO.
A category of eligible shareholders or other investors who have a reserved quota in the IPO.
The Focus Business Solution IPO is subscribed 6.66 by Jul 5, 2021.
| Investor Category | Subscription (times) |
|---|---|
| Qualified Institutional | [.] |
| Non Institutional | 3.22 |
| Retail Individual | 10.10 |
| Employee Reservations | [.] |
| Others | [.] |
| Total Subscription | 6.66 |
An investor can apply in Focus Business Solution IPO online via bank (using ASBA) or the broker (using UPI). The Focus Business Solution IPO shares are offered online only.
The Focus Business Solution IPO is subscribed 6.66 by Jul 5, 2021.
The Focus Business Solution IPO allotment status is expected on or around Jul 8, 2021. Visit Focus Business Solution IPO allotment status to check.
Visit Focus Business Solution IPO subscription status page for real-time bidding information about Focus Business Solution IPO.
| IPO Opens On | Jun 30, 2021 |
| IPO Closes On | Jul 5, 2021 |
| Finalisation of Basis of Allotment | Jul 8, 2021 |
| Initiation of Refunds | Jul 9, 2021 |
| Credit of Shares to Demat Account | Jul 12, 2021 |
| IPO Listing Date | Jul 13, 2021 |
Useful Articles
Rs 0 Eq Delivery Brokerage
Flat ₹10 Per Trade in F&O
Rs 0 Demat AMC
