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Issue Open Jan 30, 2018
Issue Close Feb 01, 2018
Price Band ₹ 18
Face Value Rs 10 Per Equity Share
Issue Size ₹ 6.49 Cr
Listing Exchange BSE SME
Issue Type Fixed Price Issue IPO
Cut off time for UPI Mandate Confirmation -
Allotment Details -
Refunds -
Credit of Shares to Demat -
Listing On Feb 09, 2018
About the company:

Introduction:  Focus Suites solutions and services private limited(FSPL)  is a specialized  market research agency having presence in Asia, Middle east and LATAM. FSPL is equipped with the most recent technologies including one-way mirror facilities, usability-testing services across all its facilities and conducting online survey through panels.

Date of Establishment:   Focus Suites Solutions & Services Private Limited" (FSPL) was established in Bangalore on July 18, 2006. On Company November 16, 2017 company was changed to "Focus Suites Solutions & Services Limited"

Product & Service Offering : The primary services offered by the company are mentioned below:

     1. Qualitative Fieldwork
     2. Sensorial Fieldwork 
     3. Usability Fieldwork
     4. Data Acquisition and Data Analysis


Promoters of Focus Suits Solutions & Services
: Company is promoted by Majestic Market Research Support Services Limited which holds 43.41% stake in focus suites solutions limited

Customer Segment: Company facilitate clients in making strategic decisions.  Company provides market research services for the following sectors/industries

     - Healthcare
     - Pharmaceutical
     - Automobiles
     - IT and telecommunications
     - FMCG
     - Retail
     - Eduation
     - Agriculture
     - Aviation
     - Media

Objects of the Issue: The aim of the issue is to fund the two subsidiaries POPRSPL(Pure online panel research services private limited) and GENPOP(GENPOP consumer research private limited)  to meet their day to day cash requirements. Apart from this the proceeds from this issue will be also used to fund general corporate funding requirements.

Company Financials:

Summary of financial Information (Restated Consolidated)

Particulars

For the year/period ended (in Rs. million)

 

31-Mar-17

31-Mar-16

31-Mar-15

31-Mar-14

31-Mar-13

 

Total Assets

99.9

47.1

62.0

34.6

49.0

 

Total Revenue

95.1

75.0

60.1

52.9

51.0

 

Profit After Tax

9.7

6.5

1.37

1.17

0.84

 

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