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FOCESME / NSEListed

Foce India Limited

Foce India, incorporated in 2001, is engaged in the supply, distribution, and retailing of various types of wristwatches, including Analog, Digital, Chronograph, and Designer models. The company primarily generates revenue from bulk supply to institutional customers, accounting for approximately 95% of its total earnings. Additionally, it sells watches under its own brand, "FOCE," contributing 2% of revenue, while sales from royalty-branded watches and corporate gifting products, such as timepieces, wall clocks, belts, ties, wallets, pens, and goggles, make up around 3%. To expand its operations, the company established a wholly-owned subsidiary, FO Industries Private Limited, in Mumbai in 2021, with a manufacturing and assembly facility located in Bhiwandi, near Mumbai.

₹225 - ₹225Open
Listed Price225.00
Listing Gain+0.00%
TimelineFixed Price IPO
Open13 Dec 2021
Close17 Dec 2021
Allotment21 Dec 2021
Listing28 Dec 2021

Quota Reservation Portions

Market MakerPortion: 64,800 shares
5.02%
Nii (hni)Portion: 6,12,600 shares
47.49%
RetailPortion: 6,12,600 shares
47.49%

Minimum Application Bracket Matrix

Retail1 lots / 600 shares
₹1,35,000
HNI2 lots / 1,200 shares
₹2,70,000

About the Company

Foce India, incorporated in 2001, is engaged in the supply, distribution, and retailing of various types of wristwatches, including Analog, Digital, Chronograph, and Designer models. The company primarily generates revenue from bulk supply to institutional customers, accounting for approximately 95% of its total earnings. Additionally, it sells watches under its own brand, "FOCE," contributing 2% of revenue, while sales from royalty-branded watches and corporate gifting products, such as timepieces, wall clocks, belts, ties, wallets, pens, and goggles, make up around 3%. To expand its operations, the company established a wholly-owned subsidiary, FO Industries Private Limited, in Mumbai in 2021, with a manufacturing and assembly facility located in Bhiwandi, near Mumbai.

Company Promoters

Mr. Manoj Sitaram AgarwalMrs. Anita agarwalMrs. Parmeshwari Agarwal