On Day 4, Focus Lighting & Fixtures was over-subscribed almost 89 times.
| Day | Subscription (no. of times) |
| Day 1 | 0.11 |
| Day 2 | 0.52 |
| Day 3 | 4.11 |
| Day 4 | 88.99 |
Focus Lighting & Fixtures products (started in 2005) provide vide range of products which includes recessed adjustable spotlights, recessed downlights, surface mounted spotlights, surface-mounted / suspended downlights, system based spotlights / wallwasher, track-mounted spotlights, etc. each with different working capabilities
Issue Details of Focus Lighting & Fixtures SME IPO
- Issue Open : 30th March to 5th April 2017
- Issue Price / Floor Price : Rs 45 per share
- Issue Size: Rs 4.05 crores (900,000 Equity Shares)
- Application per share : Rs 45
- Minimum No of shares bid: 3000 shares / Rs 135,000
- Maximum Retail investment – 3000 shares
- Book Running Lead Managers : Sarthi Capital Advisors Pvt Ltd
- Registrar –Bigshare Services Pvt
- Listing: NSE SME
Ongoing SME IPO – Read reviews
| SME IPOs | Opening Date | Last Date | Price |
| ASL Industries | 31-Mar-2017 | 7th April 2017 | 35 |
| Dev Information Technology | 31-Mar-2017 | 6th April 2017 | 42 |
| MK Proteins | 31-Mar-2017 | 7th April 2017 | 70 |
| Escorp Asset Management | 31-Mar-2017 | 6th April 2017 | 15 |
| Focus Lighting | 30-Mar-2017 | 5th April 2017 | 45 |
| Creative Peripherals | 29-Mar-2017 | 3rd April 2017 | 21-75 |
About the Company
Over the last decade the company has 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 our Company are designed from Germany, these designs are provided to our supplier in China and the moulds prepared as per the specified designs. The products are imported from China under the brand name of TRIX. Our products under brand name of PLUS are manufactured by M/s. Shantilal & Bros (Mfg Dept). Appox. 70- 80% of our total purchases are from Shantilal & Bros (Mfg Dept). Even for exports, appx. 90% of the products are manufactured by Shantilal & Bros (Mfg Dept).
Some of our major competitors are Retail Light Techniques India Limited, IKIO Lighting Pvt. Ltd., CENZER Industries Ltd., etc.
Financials
| FY 12 (in crores | FY 13 (in crores) | FY 14 (in crores) | FY 15 (in crores) | FY 16 (in crores) | FY 17 (6 months) | |
| Domestic | 15.14 | 18.16 | 33.71 | 36.61 | 51.78 | 36.37 |
| Export | .05 | 0.09 | 0.48 | 4.65 | 9.04 | |
| Profit | 0.34 | 0.44 | 0.76 | 1.10 | 3.26 | 1.52 |
| EPS | 1.40 | 1.78 | 3.06 | 4.45 | 13.14 | 6.13 |
Summary – The turnover is increasing, the profits are also increasing. The IPO price also looks reasonable . May be considered for investment.