
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
Last updated: 19 Oct 2026
Current Premium
Issue Price (Upper)
₹225
Band: ₹225
Estimated Listing Price
₹225
Upper price + GMP
Lot Size
600 shares
Min investment ₹1,35,000
Estimated Profit / Lot
₹0
600 × ₹0
Grey Market Premium trend
—
▲ 0 today
Updated less than a minute ago
| Date | GMP (₹) | GMP % | Est. Listing |
|---|---|---|---|
| 31 Oct 2026 | — | 0.0% | ₹225 |
| 30 Oct 2026 | — | 0.0% | ₹225 |
| 29 Oct 2026 | — | 0.0% | ₹225 |
GMP is unofficial market data. Not a guarantee of listing performance.
Foce India Limited is bringing an initial public offering (IPO) in the Capital Goods sector with an aggregate issue size of ₹29.03 Crores. The shares are offered at a price band of ₹225 to ₹225 per equity share on NSE. Currently, market analysts recommend evaluating the company's financial valuation, price-to-earnings (P/E) multiple, and peer comparison prior to submitting bids.
The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.
Following the close of bidding on 2021-12-17, the basis of allotment is scheduled to be finalized on 2021-12-21. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Purva Sharegistry India Private Limited) or the BSE allotment checking window.
The latest grey market premium for Foce India Limited IPO is ₹0, which indicates an expected listing price of ₹225.
Kostak rate is the profit amount an investor earns by selling their entire IPO application in the grey market before allotment is finalized.
No. GMP is an unofficial indicator discovered between dealers outside of SEBI-regulated exchanges. Actual listing price is determined by demand-supply discovery on NSE/BSE during the pre-open auction.