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Foce India Ltd IPO Synopsis

An Initial Public Offering is an opportunity for investors to take part in the growth of a company. It is always better to be in the first batch of investors. The shares offered by the company get listed on the stock exchanges and can be bought and sold by investors.

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Foce India Ltd IPO

Registered Office: 4 Kingston Shastri Nagar,Lokhandwala Complex Andheri(W) , Mumbai - 400053 , Maharashtra , India.
Phone : 91-022-26349544   Fax:
Email :  office@foceindia.com  
Website :  www.foceindia.com
Initial Public Offering of up to 12,90,000 equity shares of (Rs)10.00 each ("Equity Shares") of Foce India Limited ("Foce" or "The Company") for cash at a price of (Rs)225 per equity share (including a share premium of (Rs)215 per equity share (The "Issue Price"), aggregating to (Rs)29.03 Crores ("The Issue"), consisting of fresh issue of upto 9,00,000 equity shares aggregating to (Rs)20.25 Croress and an offer for sale of upto 3,90,000 equity shares by the promoter selling shareholder ("Selling Shareholder") aggregating to (Rs)8.78 Crores ("Offer for Sale"), out of which up to 64,800 equity shares of (Rs)10 each for a cash at a price of (Rs)225 per equity share aggregating to (Rs)1.46 crores will be reserved for subscription by market maker to the issue (The "Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e. issue of up to 12,25,200 equity shares of (Rs)10 each for a cash price at a price of (Rs)225 per equity shares aggregating to (Rs)27.57 crores hereinafter referred to as the "Net Issue". The issue and the net issue will constitute 26.36% and 25.04 %, respectively of the post issue paid up equity share capital of the company. The face value of the equity shares is (Rs)10/- each and the issue price is 22.50 times of the face value. Bids cans be made for a minimum of 600 equity and in multiple of 600 shares thereafter.

Issue Money Payable On
Opens On Closes On Application Allotment
13-Dec-21 17-Dec-21 (Rs)225.00-0.00 (Rs)0.00-0.00
Minimum Application for shares in Nos :600  Further Multiples of :600

  (Rs Cr) Lead Managers to the Issue
Project Cost 29.03
Mark Corporate Advisors Private Ltd
Project Financed through Current Offer 29.03  
Post Issue Equity Share Capital 4.89  
Issue Price (Rs)225.00  
 
Projects
To Meet Working Capital RequirementsGeneral Corporate Purpose
Promoted By
Manoj Sitaraman Agarwal  
Anita Agarwal  
Parmeshwari Agarwal  
Listing At
NSE - SME 
Registrar to the Issue
Purva Sharegistry (I) Pvt Ltd