Focus Business Solution IPO
(i) The Company was originally incorporated in Gujarat as “Focus Business Solution Private Limited” in 2006. In 2020, after the conversion of the Company into a public limited company, the name was changed to “Focus Business Solution Limited”.
(ii) It has been evolved as a financial services company and is engaged in the business of debt collection services for Banks, NBFC, and financial institutions. It entered the agreement with India’s leading banks, financial institutions, and non-banking financial companies to act as authorized recovery/collection agents on their behalf.
(iii) It deploys its manpower to visit and collect overdue payments of loans/credit cards/credit facilities advanced to borrowers by the clients, who engage with in service agreements.
(iv) The organization follows a shrewd retail assortment authoritative program (RCAP) to recuperate past due installment on close to home credits, business advances, vehicle advances, advances against properties, 2-wheeler advances, SME advances, gold advances, and others. It’s anything but an exceptional call community with 64 workstations to take standard subsequent meet-ups from defaulters on the due installments.
(i) Experienced Promoters
(ii) Robust Technological Infrastructure
(iii) Diversified and Quality Services
Objects of the Focus Business Solution IPO:
Focus Business Solution IPO Details:
|Open Date:||Jun 30 2021|
|Close Date:||Jul 05 2021|
|Face Value:||₹ 10 Per Equity Share|
|Issue Size:||1.22 Cr.|
|Lot Size:||6000 Shares|
|Issue Price:||₹ 19 Per Equity Share|
|Listing At:||BSE SME|
|Listing Date:||Jul 13 2021|
Promoters And Management:
Financials of Focus Business Solution IPO:
|Particulars (in Lakhs)||9MFY21||Mar-20||Mar-19||Mar-18|
|Employee Benefit Expense||232||387||395||386|
|Depreciation and Amortization||16||15||16||10|
|Profit before tax||24||21||17||15|
|Total Tax Exp.||5||6||7||5|