Focus Lighting And Fixtures Limited IPO
Focus Lighting & Fixtures Ltd (Focus) is engaged in providing a wide range of products which includes recessed adjustable spotlights, recessed downlights, surface mounted spotlights, surface-mounted / suspended downlights, 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, Shoppers 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 molds prepared as per the specified designs. The products are imported from China under the brand name of TRIX. Company’s products under the brand name of PLUS are manufactured by M/s. Shantilal & Bros (Mfg Dept). Approx. 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 for its products.
Objects of the Focus Lighting And Fixtures Limited IPO:
Focus Lighting And Fixtures Limited IPO Details:
|Open Date:||Mar 30 2017|
|Close Date:||Apr 05 2017|
|Face Value:||₹ 10 Per Equity Share|
|Issue Type:||Fixed Price Issue IPO|
|Issue Size:||4.05 Cr.|
|Lot Size:||3000 Shares|
|Issue Price:||₹ 45 Per Equity Share|
|Listing At:||NSE Emerge|
|Listing Date:||Apr 13 2017|