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 RHP


The IPO of Forcas Studio is priced at ₹77-80 per equity share, which has a face value of ₹10 Per Equity Share each. The company shall list its equity shares on NSE SME. Horizon Financial Pvt Ltd is the registrar of the issue.

Forcas Studio IPO bid opening date is from Aug 19, 2024 and the bid closing date was Aug 21, 2024.
Forcas Studio IPO allotment result will be available on Aug 22, 2024. The tentative listing date for Forcas Studio is Aug 26, 2024.


The total issue size is 4,680,000 shares(aggregating up to ₹37.44 Cr).

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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

₹0.89/-

EPS Post IPO

₹3.43/-

P/E Pre IPO

90.09

P/E Post IPO

23.3

ROE

27.06%

ROCE

18.54%

Debt/Equity

1.50

RoNW

27.06%

PAT Margin

5.36

Price to Book Value

5.43

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

Incorporated in April 2010, Forcas Studio Limited offers the products including shirt, jeans, t-shirts, trousers, cotton pants, sportswear, party wear, fashion wear, and boxers to all men in the market. They offer such items online as well as in bulk to their clients all over India. Moreover, the firm offers white labelling to various brands, for instance, Landmark Group, V-Mart Retail, V2 Retail, Highlander, Cobb, Kontail, etc.

The company has a large number of products for the Indian menswear market, including shirts, denims, t-shirts, trousers, cotton pants, sportswear, party wear, fashion wear, and boxers.

The product of the company is being sold through its e-commerce platform under the brand name of 'FTX', 'Tribe', and 'Conteno'.The company has operations on all large e-commerce portals, such as Flipkart, Myntra, Meesho, Amazon, Ajio, Jio Mart, Glowroad, Limeroad, Solvd, and Shopsy. The company also sold products across large format stores in the form of V-Mart Retail, V2 Retail, City Kart, Metro Bazar, Kothari Retail, and Sarvana Retail, among others.

The company catered to over 15000 pin codes across India.The company enjoys an offline existence. It operates its business at big online stores as well as in over 500 large-format stores across various locations. This organization offers many SKUs -over 1200 of them within their catalog. In terms of managing the supply chain, there are four warehouses within Kolkata.

As of February 29, 2024, the firm has 68 employees which comprise the directors of the firm. They handle business operations, factory management, administration, secretarial work, marketing, and accounting functions in line with the respective objectives set for them.

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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.