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Forcas Studio Limited IPO (Forcas Studio IPO) Details
Forcas Studio Limited
Forcas Studio IPO's overview
Forcas Studio IPO is a book built issue of ₹37.44 Cr (37,44,00,000). The issue includes a fresh issue of 46.80 Lakh (46,80,000) shares aggregating to ₹37.44 Cr (37,44,00,000).
Forcas Studio IPO bidding started from Aug 19, 2024 and ended on Aug 21, 2024. The allotment for Forcas Studio IPO was finalized on Aug 22, 2024. The shares got listed on NSE on Aug 26, 2024.
Forcas Studio IPO price band is set at ₹77 to ₹80 per share. The minimum lot size for an application is 1600 Shares. The minimum amount of investment required by retail investors is ₹1.23 Lakh (1,23,200).
Refer to Forcas Studio IPO RHP for detailed information.
IPO date
Aug 19,2024 - Aug 21,2024
Listing Date
Aug 26,2024
Face value
₹10
Price Band
₹77 to ₹80 per share
Lot
₹1600 Shares
Total Issue Size
46.80 Lakh (46,80,000)
aggregating up to ₹37.44 Cr (37,44,00,000)
Fresh Issue
46.80 Lakh (46,80,000)
aggregating up to ₹37.44 Cr (37,44,00,000)
Issue Type
Book Building
IPO Type
SMEListing At
NSE
Mon, Aug 19, 2024
IPO Open
Wed, Aug 21, 2024
IPO Close
Thu, Aug 22, 2024
Basis of Allotment
Fri, Aug 23, 2024
Initiation of Refunds
Fri, Aug 23, 2024
Credit of Shares to Demat
Mon, Aug 26, 2024
Listing
Forcas Studio IPO Day-wise IPO GMP Trend
Forcas Studio IPO last GMP is ₹82, last updated Aug 25,2024. With the price band of 80.00, Forcas Studio IPO's estimated listing price is ₹162 (cap price + today's GMP).The expected percentage gain/loss per share is 102.50%.
| Date | IPO Price | GMP | Estimated Listing Price | Last Updated |
|---|---|---|---|---|
| 25-Aug-24 | 80.00 | 82 | 162(102.50%) | 25-Aug-2024 15:31 |
| 24-Aug-24 | 80.00 | 82 | 162(102.50%) | 24-Aug-2024 23:26 |
| 23-Aug-24 | 80.00 | 82 | 162(102.50%) | 23-Aug-2024 23:24 |
| 22-Aug-24 | 80.00 | 86 | 166(107.50%) | 22-Aug-2024 23:29 |
| 21-Aug-24 | 80.00 | 85 | 165(106.25%) | 21-Aug-2024 23:25 |
| 20-Aug-24 | 80.00 | 83 | 163(103.75%) | 20-Aug-2024 23:26 |
| 19-Aug-24 | 80.00 | 82 | 162(102.50%) | 19-Aug-2024 23:31 |
| 18-Aug-24 | 80.00 | 80 | 160(100.00%) | 18-Aug-2024 23:25 |
| 17-Aug-24 | 80.00 | 80 | 160(100.00%) | 17-Aug-2024 23:31 |
| 16-Aug-24 | 80.00 | 80 | 160(100.00%) | 16-Aug-2024 23:30 |
| 15-Aug-24 | 80.00 | 70 | 150(87.50%) | 15-Aug-2024 23:32 |
| 14-Aug-24 | 80.00 | 70 | 150(87.50%) | 14-Aug-2024 23:29 |
| 13-Aug-24 | 80.00 | 60 | 140(75.00%) | 13-Aug-2024 23:27 |
| 12-Aug-24 | 80.00 | 50 | 130(62.50%) | 12-Aug-2024 23:30 |
Forcas Studio IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
Retail(Min) | 1 | 1,600 | ₹1.28 Lakh (1,28,000) |
Retail(Max) | 1 | 1,600 | ₹1.28 Lakh (1,28,000) |
HNI(Min) | 2 | 3,200 | ₹2.56 Lakh (2,56,000) |
Forcas Studio IPO Financial Information (Restated Consolidated)
| Label | Mar 31, 2021 | Mar 31, 2022 | Mar 31, 2023 | Mar 31, 2024 |
|---|---|---|---|---|
| Assets | 4,890.73 | 4,333.27 | 3,923.85 | 12,379.43 |
| Revenue | 5,113.14 | 5,380.44 | 7,162.42 | 9,648.78 |
| Profit After Tax | 55.55 | 78.44 | 114.55 | 553.31 |
| Net Worth | 711.94 | 830.84 | 860.26 | 1,901.97 |
| Reserves and Surplus | 611.97 | |||
| Total Borrowing | 2,437.92 | 2,419.99 | 2,325.26 | 2,861.04 |
About Forcas Studio Limited
Incorporated in April 2010, 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 IPO's documents
Forcas Studio Limited Contact Details
Forcas Studio Limited
Tara Maa Tower, B3-71C/161 B B T Road
Vivekanandapur, South 24 Parganas
Thakurpukur Mahestola - 700141,
Phone: +91 3329501056
Email: [email protected]
Website: http://www.focasstudio.in/
Forcas Studio IPO's Promoters
The Promoters of the company are Sailesh Agarwal and Sourav Agarwal.