
Capital Goods · NSE
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.
Price Band
₹225
Issue Size
₹29.03 Cr
Lot Size
600 shares
GMP
Est. Listing
₹225
at current GMP
Subscribed
—
Open
13 Dec 2021
Close
17 Dec 2021
Allotment
21 Dec 2021
Refund
22 Dec 2021
Demat Credit
23 Dec 2021
Listing
28 Dec 2021