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Focus Lighting & Fixtures Ltd - IPO

Issue Type

Fixed Price - SME

Issue Size (₹ Cr.)

₹ 4.05

Price Range (₹)

₹ 45

Lot Size

3000

Min Investment (₹)

₹ 1,35,000.00

Listing Exchange

NSE - SME

Open Date

30-Mar-2017

Close Date

05-Apr-2017

Listing Date

13-Apr-2017

Focus Lighting & Fixtures Ltd News

Price Performance

Focus Lighting & Fixtures Ltd IPO Details

Public issue of 9,00,000 equity shares of face value of Rs. 10/- each fully paid up of Focus Lighting and Fixtures Limited (FLFL or the company or the issuer) for cash at a price of Rs. 45/- per equity Share (the issue price) (including a share premium of Rs. 35/- per equity share aggregating Rs. 4.05 crores (the issue) by the company, of which 48,000 equity shares of Rs. 10/- each fully paid up will be Reserved for subscription by market maker to the issue (market maker reservation portion). The Issue less the market maker reservation portion i.e. Issue of 8,52,000 equity shares of Rs. 10/- each Fully paid up is hereinafter referred to as the net issue. The issue and the net issue will Constitute 26.64% and 25.22% respectively of the post issue paid up equity share capital of the Company.The face value of the equity shares is Rs. 10/- each. The issue price is Rs. 45/-. The issue price is 4.5 times the face value.

Objective of issue

To meet the working capital requirements.

Focus Lighting & Fixtures Ltd Contact Details

Focus Lighting & Fixtures Ltd, E-2/3 Ansa Indl Est, Saki Vihar Road, Sakinaka Andheri(E), Mumbai - 400072

Phone - 91-22-40430200/28470652

Fax - 91-22-28475207

Email - info@pluslighttech.com

Website - www.pluslighttech.com