IPO

Forcas Studio Limited IPO

NSE SME

Listed On: Aug 26, 2024 at ₹ 152.0

₹ 128000 /1600 Shares

Check Allotment

Forcas Studio IPO Details

19 Aug, 2024

Open Date

21 Aug, 2024

Close Date

22 Aug, 2024

Allotment Date

26 Aug, 2024

Listing Date

Issue Price

₹77-80 per equity share

Face Value

₹10 Per Equity Share

Listing at Group

NSE SME

Registrar

Horizon Financial Pvt Ltd

List Price

152.0

Listing Date

2024-08-26

Market Lot

1600 Shares (₹128,000/-)

Lead Manager

Mas Services Limited

Issue Size

4,680,000 shares(aggregating up to ₹37.44 Cr)

Retail Portion

35%

Subscription

417.05 times

IPO Docs

DRHP

Forcas Studio IPO Subscription Details

As onQIB / NIIRetailTotal
Shares Offered / Reserved889,600 / 667,2001,556,8003,113,600
Day 1 - 19-08-24 06:00 PM0.00 / 28.42 x60.85 x36.51 x
Day 2 - 20-08-24 06:00 PM5.62 / 93.47 x164.90 x104.08 x
Day 3 - 21-08-24 06:00 PM205.39 / 702.18 x415.79 x417.05 x
Total No. of Applications: 4,04,567 (Approx)

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-2431-Mar-2331-Mar-22
Assets12,379.433,923.854,333.27
Revenue9,648.787,162.425,380.44
Profit After Tax553.31114.5578.44

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.

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Forcas Studio - Promoter(s)

Pre Issue Share Holding: 82.17%

Post Issue Share Holding: 60.30%


Company Promoter(s)

  1. Sailesh Agarwal
  2. Sourav Agarwal

Forcas Studio IPO - Issue Objectives

  1. Funding for upgradation of the warehouse
  2. Prepayment or repayment of certain secured loans availed by the company
  3. Funding of working capital requirements of the company
  4. General Corporate Purposes.

Other Details

Company Contact Details

Forcas Studio

Tara Maa Tower, B3-71C/161 B B T Road, Vivekanandapur, South 24 Parganas, Thakurpukur Mahestola - 700141

Phone: +91 3329501056

Email: info@focasstudio.in

Website: http://www.focasstudio.in/

Registrar Contact Details

Mas Services Limited

Phone: (011) 2610 4142)

Email: ipo@masserv.com

Website: https://www.masserv.com/opt.asp

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.