About the Company:
Focus Business Solution Ltd is engaged in the business of debt collection services for Banks, NBFC and financial institutions.
company has entered into agreement with India’s leading banks, financial institutions and non-banking financial companies to act as authorised recovery/collection agents on behalf of them.
Company focusses on strategically timed action based on aging of delinquent account with emphasis of traditional methods such as tele-calling and field visits.
Company deploys the manpower to visit and collect overdue payments of loans / credit cards / credit facilities advanced to borrowers by our clients, who engage with us in service agreements.
In occasional cases, company need to trace the new address and contact details of borrowers as delinquent borrowers may relocate their address.
Company through its call centre also do follow up over tele-calls, to the defaulters for overdue payments.
Company has a fully equipped call centre with 64 (sixty four) work station along with call recording, dialler and CRM facility.
Company also do repossessions of vehicles or other hypothecated assets on the request of our clients, in case defaulting borrowers unable to repay of its loan overdues.
Company’s Branches.
Company is working from its head office based at Surat and branches at Baroda, Bharuch, Vapi, Anand, Ahmedabad, Rajkot, Palanpur and call centre from another branch at Surat.
Company’s Employees.
Company has a staff strength of around 551 which included 58 staff on our payroll and 493 staff hired on contractual basis and each of our staff is fully trained and all types of assignment like recovery, collection, field investigation and other allied services.
Vast Collection Experience:
Company has worked on over two lacs customer’s data base from pickup to recovery category of all kind of products such as Personal Loan, Business Loan, Vehicle Loan, Loan against properties, two wheeler loan, equipment loan, SME loans, Gold loan with different banks and NBFCs with pool size of more than Rs. 200 crores.
Established Operations and proven track record:
Company has established operations and, in the past, and have been successfully served varied range of clienteles.
Company’s clientele includes major Indian banks and financial institutions, where company acts as an authorized debt collection agency for them.
Company’s competitive edge through consistent quality-oriented service has enabled ourselves to retain the clients.
Company’s Appreciations:
- Certificate of appreciation from Axis Bank for March, 2017.
- Certificate of appreciation from Bajaj Finserv for Q1FY2018-19.
- Champion of the month from Capital First for February, 2018.
- Certificate of appreciation from Capital First for July, August, September, 2017.
- Champion of the month from IDFC First Bank for September, 2019.
Management Team:
- Mr. Mohamedyaseen Muhammadbhai Nathani (Designation: Managing Director)
- Mr. Mohamedamin Mohammad Nathani (Designation: Whole-Time Director)
Objectives of the Issue:
- To part finance working capital requirements of the Company.
- To meet General corporate purposes.
- To meet the expenses of the Issue.
Peer Group Comparison:
Company believes that none of the listed companies in India offer products or services across the various business segments in which Focus Business Solution Ltd operates.
Financials of the Company:
| (in Crores) | FY 18 | FY 19 | FY 20 | 31st Dec 20 |
|---|---|---|---|---|
| Revenue | 10.23 | 10.73 | 10.90 | 7.99 |
| Net Profit | 0.10 | 0.11 | 0.15 | 0.19 |
IPO Details:
| Details | Info |
|---|---|
| Issue Opens on | 30th June 2021 |
| Issue Closes on:. | 5th July 2021 |
| Issue Price | Rs.19 |
| Face Value | Rs.10 |
| Minimum Lot | 6000 |
| Minimum Investment | Rs.1,14,000 |
| Issue Constitutes | 28.89% |
| Issue Size | Rs.1.2 cr |
| Market Cap | Rs.4.2 cr |
| Listing at | NSE SME |
| Equity Shares Offered (Fresh) | 6,42,000 |
| Equity Shares Prior to the Issue | 15,80,000 |
| Equity Shares after the issue | 22,22,000 |
Also Read : List of Upcoming IPO’s in India.
IPO Valuation Parameters:
| Earnings Per Share (EPS) | Price To Earnings ratio (PE) | Return on Net Worth (RoNW) | Net Asset Value (NAV) |
|---|---|---|---|
| 2.88 | 6.60 | 7.09% | 27.22 |
| Company Contact Info: |
|---|
| Focus Business Solution Limited 703, Rajhans Complex, Nr. Kadiwala School, Ring Road, Surat – 395002, Gujarat, India Tel. No.: +91 -0261- 4002823/3823/4823 Email: focusbsl2006@gmail.com Website: www.focusbsl.com |
| IPO Registrar Info: |
|---|
| PURVA SHAREGISTRY (INDIA) PVT. LTD Unit No. 9, Shiv Shakti Industrial Estate, J.R. Boricha Marg, Opp. Kasturba Hospital Lane, Lower Parel (E),Mumbai,Maharashtra,400011 Tel No.: +91 22 2301 6761 / 2301 2518 E-mail ID: support@purvashare.com Website: www.purvashare.com |
| Lead Manager to the Issue: |
|---|
| NAVIGANT CORPORATE ADVISORS LIMITED 423, A Wing, Bonanza, Sahar Plaza Complex, J B Nagar, Andheri Kurla Road, Andheri East, Mumbai-400 059 Tel No. +91-22-4120 4837/4973 5078 Investor Grievance Email: info@navigantcorp.com Website: www.navigantcorp.com |
