Forcas Studio Limited IPO
NSE SMEListed On: Aug 26, 2024 at ₹ 152.0
₹ 128000 /1600 Shares
Check AllotmentForcas Studio IPO Details
19 Aug, 2024
Open Date21 Aug, 2024
Close Date22 Aug, 2024
Allotment Date26 Aug, 2024
Listing DateIssue Price
₹77-80 per equity shareFace Value
₹10 Per Equity ShareListing at Group
NSE SMERegistrar
Horizon Financial Pvt LtdList Price
152.0Listing Date
2024-08-26Market Lot
1600 Shares (₹128,000/-)Lead Manager
Mas Services LimitedIssue Size
4,680,000 shares(aggregating up to ₹37.44 Cr)Retail Portion
35%Subscription
417.05 timesIPO Docs
DRHPForcas Studio IPO Subscription Details
As on | QIB / NII | Retail | Total |
---|---|---|---|
Shares Offered / Reserved | 889,600 / 667,200 | 1,556,800 | 3,113,600 |
Day 1 - 19-08-24 06:00 PM | 0.00 / 28.42 x | 60.85 x | 36.51 x |
Day 2 - 20-08-24 06:00 PM | 5.62 / 93.47 x | 164.90 x | 104.08 x |
Day 3 - 21-08-24 06:00 PM | 205.39 / 702.18 x | 415.79 x | 417.05 x |
Forcas Studio Valuations
EPS Pre IPO
₹/-EPS Post IPO
₹/-P/E Pre IPO
P/E Post IPO
RoNW
%Forcas Studio Company Financials All values are in ₹ Lakh
29-Feb-24 | 31-Mar-23 | 31-Mar-22 | |
---|---|---|---|
Assets | 12,379.43 | 3,923.85 | 4,333.27 |
Revenue | 9,648.78 | 7,162.42 | 5,380.44 |
Profit After Tax | 553.31 | 114.55 | 78.44 |
About The Company
Forcas Studio Limited sells men's clothing, including shirts, jeans, t-shirts, trousers, cotton pants, sportswear, party wear, fashion wear, and boxers. The company provides these products online and in bulk to customers all over India. It also offers white-labelling services for other brands, such as Landmark Group, V-Mart Retail, V2 Retail, Highlander, Cobb, Kontail, and more.
The company offers a wide range of products, including shirts, denims, t-shirts, trousers, cotton pants, sportswear, party wear, fashion wear, and boxers for the Indian menswear segment.
The company sells its products through online platform under the brand name of ‘FTX’, ‘Tribe’ and ‘Conteno.The company has established a presence on all major online platforms, including Flipkart, Myntra, Meesho, Amazon, Ajio, Jio Mart, Glowroad, Limeroad, Solvd, and Shopsy. Additionally, the company has also sold products through various large-format stores, including V-Mart Retail, V2 Retail, City Kart, Metro Bazar, Kothari Retail, and Sarvana Retail.
The company has served more than 15000 pin codes in India.The company has a strong offline presence, with a presence on major online marketplaces and in over 500 large-format stores. They offer a wide range of products with a catalogue of over 1200 SKUs.The company has four warehouses in Kolkata for the purpose of supply chain management.
As of February 29, 2024, the company has 68 employees, including its directors. They are responsible for business operations, factory management, administration, secretarial work, marketing, and accounting functions as per their designated goals.
Forcas Studio - Promoter(s)
Pre Issue Share Holding: 82.17%
Post Issue Share Holding: 60.30%
Company Promoter(s)
- Sailesh Agarwal
- Sourav Agarwal
Forcas Studio IPO - Issue Objectives
- Funding for upgradation of the warehouse
- Prepayment or repayment of certain secured loans availed by the company
- Funding of working capital requirements of the company
- General Corporate Purposes.
Other Details
Forcas Studio
Tara Maa Tower, B3-71C/161 B B T Road, Vivekanandapur, South 24 Parganas, Thakurpukur Mahestola - 700141Mas Services Limited
Forcas Studio IPO - FAQs
Ans. Forcas Studio Limited IPO is a SME IPO. The issue is priced at ₹77-80 per equity share. The minimum order quantity is 1600 Shares. The IPO opens on Aug 19, 2024, and closes on Aug 21, 2024. Horizon Financial Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
Ans. The Forcas Studio Limited IPO opens on Aug 19, 2024 and closes on Aug 21, 2024.
Ans. The size of Forcas Studio Limited IPO is 4,680,000 shares(aggregating up to ₹37.44 Cr).
Ans. The IPO price band is set between ₹77-80 per equity share.
Ans. To apply for Forcas Studio Limited IPO IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find Forcas Studio Limited IPO in the List of IPOs
- - Press "Apply" Button
- - Select Your Demat Account
- - Select Your Shares Quantity and Submit
- - Track Your IPO Status
Ans. The share allotment date of Forcas Studio Limited IPO is Aug 22, 2024.
Ans. The Forcas Studio Limited IPO will be listed on Aug 26, 2024.
Ans. Follow the steps to check the allotment status for Forcas Studio Limited IPO here.