About the Company:
Focus-Suites Solutions & Services Ltd is a qualitative fieldwork agency, having presence across 18 major countries in Asia, Middle East and Latin America.
Majestic Market Research Support Services Limited is the promoter of the Company.They are a Market Research Company based in Bangalore having operations across 18 countries, focusing on Qualitative Market Research.
Company has a team of project managers who handled the project execution of different fieldwork across various industries like healthcare, automobiles, IT and telecommunications, FMCG, Retail etc
They provide insights to their clients and assist them in making strategic decisions in their respective lines of business.
They are a member of ESOMAR (European Society for Opinion and Marketing Research) and CASRO (Council of American Survey Research Organizations).
Company uses the following Methods to do Research:
- Focus Group.
- In depth Interviews.
- Shop Along.
- Mystery Shopping & Retail Audits.
Company also provides arrangements for the following types of facilities:
- One way mirror Facilities (with Focus Vision Capabilities)
- Conference Rooms.
Company provides its Services to the following Sectors:
- Health Care.
- FMCG.
- Pharmaceutical.
- IT & Communication.
- Media.
- Aviation.
- Automobile.
- Retail.
- Agriculture.
- Education.
Revenue Contribution across Various Regions:
Subsidiaries of the Company:
Pure Online Panel Research Services Private Limited (POPRSPL) (Holds 99.99% stake)
- POPRSPL is a Digital Data Collection Agency and Online Panel Provider for research agencies and clients spread across Asia Pacific and Middle East.
- The core strength of POPRSPL lies in Healthcare Market Research owing to its active and highly engaged pool of Healthcare Professionals i.e., Physicians, Nurses, and Hospital support and administrative staff and Patients from more than 20 countries.
GENPOP Consumer Research Private Limited (GENPOP). (Holds 99.99% stake)
- GENPOP is engaged in the business of providing online market research service to research agencies.
- It offers online fieldwork and Sampling Solutions for clients across Middle East and Asia Pacific. Other major services offered by GENPOP include Survey Programming, Survey Hosting, and Mobile Surveys where it provides Programming and Technology infrastructure to research agencies looking to conduct online research.
Promoter Group Company:
Majestic Market Research Support Services Limited. (Holds 43.41% Stake in Focus Suites Solutions Ltd)
- MRSS (Majestic Research Services & Solutions) (founded in 2012) offers customized solutions in market research to clients across various business sectors.
- MRSS is a Subsidiary of Majestic Market Research Support Services Ltd. was founded in 1992, is today Asia’s largest full service market research firm.
Note: We had recommended “Majestic Research Services & Solutions” to our Subscribers on 23/7/17. The Video & Link of the Article is given below for your reference)
[embedyt] https://www.youtube.com/watch?v=WUaX5OjQXbk[/embedyt]
Management Team:
- Ms.Soniya Singh (Designation: Managing Director)
- Ms.Jyotsana Puri (Designation: Whole time Director)
- Ms.Suvaiba Shurjil Khatri (Designation: Executive Director and COO)
Promoters Average Acquisition Cost:
| Name of the Promoter | No. of Shares held | Average Acquisition Cost (in Rs.) |
|---|---|---|
| Majestic Market Research Support Services Limited |
42,28,954 | 10.69 |
Promoters Stake Pre & Post Issue:
| Shareholder Name | Pre Issue Stake (%) | Post Issue Stake |
|---|---|---|
| Promoters | ||
| Majestic Market Research Support Services Limited |
43.41% | 27.02% |
| Promoter Group Entities | —- | —– |
| Total | 43.41% | 27.02% |
Objectives of the Issue:
- Investment in Company’s Subsidiaries “Pure Online Panel Research Services Private Limited” (POPRSPL) and “Genpop Consumer Research Private Limited” (GENPOP‖) to fund their working capital requirement.
- General Corporate Purpose.
Fund Utilization:
| Particulars | Amount (Rs. in Crores) |
|---|---|
| Investment in Subsidiaries | 4.68 |
| General Corporate Expenses | 1.81 |
| Net Proceeds | 6.49 crores |
Financials of the Company: (* Consolidated)
| (in Crores) | FY 13 | FY 14 | FY 15 | FY 16 | FY 17 | 31st July 17 |
|---|---|---|---|---|---|---|
| Revenue | 5.10 | 5.29 | 6.01 | 7.51 | 15.41* | 5.78* |
| Net Profit | 0.084 | 0.12 | 0.14 | 0.65 | 1.29 | 0.56 |
IPO Details:
| Details | Info |
|---|---|
| Issue Opens on | 30th January 2018 |
| Issue Closes on:. | 1st February 2018 |
| Issue Price | Rs.18 |
| Face Value | Rs.10 |
| Minimum Lot | 8000 |
| Minimum Investment | Rs.1,44,000 |
| Issue Constitutes | 27.02% |
| Issue Size | Rs.6.49 cr |
| Market Cap | Rs.24.02 cr |
| Listing at | BSE SME |
| Total Equity Shares Offered (Fresh) | 36,08,000 |
| Equity Shares Prior | 97,41,971 |
| Equity Shares after the issue | 1,33,49,971 |
Valuation of Peer Group Companies: (* Consolidated)
| Company Name | Face Value | EPS | PE Ratio | RoNW | NAV |
|---|---|---|---|---|---|
| Focus Suites Solutions & Services Limited |
10 | 3.79(5*) | 4.75(3.6*) | 28.37% | 17.51 |
| Majestic Research Services and Solutions Limited | 10 | 10.54 | 35.77 | 22.94 | 40.40 |
IPO Valuation Parameters: (* Consolidated)
| Earnings Per Share (EPS) | Price To Earnings ratio (PE) | Return on Net Worth (RoNW) | Net Asset Value (NAV) | Debt Equity Ratio |
|---|---|---|---|---|
| 3.79 (5*) | 4.75 (3.6*) | 28.37% | 17.51 | 0.84 |
Markets Guruji Opinion:
| IPO View | Apply For: | Expected listing Gain: |
|---|---|---|
| Subscribe | Long Term | 40% |
| Check IPO Allotment Status: |
|---|
Bigshare Website (Click on the below Link)http://www.bigshareonline.com/bssipoapplicationstatus.aspx |
| Company Contact Info: |
|---|
| Focus Suites Solutions & Services Limited 2nd Floor, Kalpak Arcade, No. 46/17, Church Street, Bangalore-560001, Karnataka Tel: +91 80 41757500 Fax: Not Available Email: investor@focus-suites.com Website: www.focus-suites.com |
| IPO Registrar Info: |
|---|
| BIGSHARE SERVICES PRIVATE LIMITED 1st Floor, Bharat Tin Works Building, Opp. Vasant Oasis, Makwana Road, Marol, Andheri East, Mumbai-400059 Tel: +91 22 6263 8200 Fax: +91 22 6263 8299 Email: ipo@bigshareonline.com Website: www.bigshareonline.com |
| Lead Manager to the Issue: |
|---|
| PANTOMATH CAPITAL ADVISORS PRIVATE LIMITED 406-408, Keshva Premises, Behind Family Court, Bandra Kurla Complex, Bandra (East), Mumbai – 400051, Maharashtra, India Tel: +91-22 6194 6700; Fax: +91-22 2659 8690 Email: ipo@pantomathgroup.com Website: www.pantomathgroup.com |
