Forcas Studio IPO is a 100% book-built offer IPO, The Company issues a fresh share of 46,80,000 Equity Shares Valued at 37.44 Crores. According to the company-submitted RHP file this issue opened on August 19, 2024, Monday, close on August 21, 2024, Wednesday and company share officially trade Indian stock exchange on Monday, August 26, 2024. If you apply for this IPO the most known company declared one share price range is ₹77 to ₹80 per share one lot size 1,600 equity shares and each share face value is ₹10.
Forcas Studio IPO Full Details Check Now
| Company Name | Forcas Studio Limited |
| Issue Type | 100% book-built issue |
| Fresh Issue Size | 46,80,000 Equity Shares Valued at 37.44 Crores |
| Offer For Sale ( OFS ) | NO |
| Total Issue Size | 46.8 Lakhs Equity shares value (37.44 Crores ) |
| Face Value | ₹10 |
| One Lot Size | 1,600 Shares |
| Price Range | ₹77/- to ₹80/- per share |
| Listing Platform | NSE SME |
| Book Running Lead Manager | Horizon Management Pvt. Ltd |
| Name of the Registrar | Mas Services Limited |
| Market Maker | Giriraj Stock Broking Pvt.Ltd |
| Sponsor Bank | Axis Bank Limited |
| Forcas Studio IPO RHP | Check Here |
| Forcas Studio IPO DRHP | Check Here |
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Forcas Studio IPO Investors Investment Required
| Investor Types | Minimum Investment | Maximum Investment |
| Retail Investors | 1 Lot 1600 Shares ₹128,000 | 1 Lot 1600 Shares ₹128,000 |
| Non-Institutional Investors ( NII ) | 2 Lots 3200 Shares ₹256,000 | – |
| QIB Investors | 2 Lots 3200 Shares ₹256,000 | – |
Forcas Studio IPO Time & Date Details
| EVENTS | DATE & TIME |
|---|---|
| Issue Period | 19/08/2024 to 21/08/2024 |
| IPO Open | August 19, 2024, Monday |
| IPO Close | August 21, 2024, Wednesday |
| Bidding Time | 10.00 A.M to 5.00 P.M |
| Share Allotment Status | August 22, 2024, Thursday |
| Initiation of Refunds | August 23, 2024, Friday |
| Share Credit of Demat Accounts | August 23, 2024, Friday |
| Share List on NSE, SME | August 26, 2024, Monday |
| Cut-off Time for UPI Mandate Confirmation | 21 August 2024 at 5.00 P.M |
| Mode of Bid | ASBA process only |
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Forcas Studio IPO Category Wise Reservation
| Category | Total Limit ( % ) | Shares Reservation |
| Retail Investors | Not Less than 35.03% of the net Issue. | Not less than 15,56,800 Equity Shares. |
| Non-Institutional Investors ( NII ) | Not Less than 15.01% of the net issue. | Not less than 6,67,200 Equity Shares. |
| QIB Investors | Not More than 49.96% of the net issue. | Not more than 22,20,800 Equity Shares. |
Forcas Studio IPO GMP ( Grey Market Premium ) Today
Forcas Studio IPO GMP today trades on the grey market at ₹70. This GMP rate changes time by time please check Forcas Studio IPO GMP Live Update Check Here
Forcas Studio Limited Business Overview
Forcas Studio Ltd was founded in 2010 by Sailesh Agarwal, The company, is known for its brands FTX, TRIBE, and Conteno. Forcas Studio Ltd offers a wide range of products, including shirts, T-shirts, denim, trousers, fashion wear, sportswear, party wear, cotton pants boxers etc. This company’s customer base across India, Forcas Studio operates its business both online and through a wholesale supply chain. The company supply its own branded products and provides white-label garments for retailers stores like V-Mart Retail, V2 Retail, Highlander, Cobb, Kontail etc.
Forcas Studio’s online business, products are now available on major e-commerce platforms like Flipkart, Amazon, Ajio, Meesho, Myntra, Jio Mart, Glowroad, Limeroad, Solvd, Shopsy etc. The company now covers over 15,000 plus pin codes across India. Forcas Studio Limited focuses on providing affordable, stylish menswear items targeting Tier 2, Tier 3, and Tier 4 cities in India. The company sell 95% of its products priced below ₹499/-, and Target delivers the latest fashion trends to budget-price to customers, The company collect fabrics from local markets in Kolkata, Mumbai and Surat with production outsourced to manufacturers in Kolkata. Forcas Studio operates four warehouses in Kolkata.
Forcas Studio Limited Financial Performance
| Particulars | 29 February, 2024 | 31 March, 2023 | 31 March 2022 |
| Sales/Revenue | 9,648.78 | 7,162.42 | 5,380.44 |
| Total Expenses | 9,095.45 | 7,047.87 | 5,302.00 |
| Net Profit | 514.75 | 117.19 | 80.71 |
| Cash & Cash Equivalents | 56.02 | 19.93 | 41.23 |
| Total Assets | 12,379.43 | 3,923.85 | 4,333.27 |
| Reserves and Surplus | 611.97 | – | – |
| Total Borrowing | 2,861.04 | 2,325.26 | 2,419.99 |
| Net Worth | 1,901.97 | 860.26 | 830.84 |
| Share Capital | 1,290.00 | 860.26 | 830.84 |
| EPS in Rupees | 3.99 | 1.36 | 0.97 |
| Net asset value ( NAV ) in Rupees | 14.74 | 10.00 | 10.00 |
Forcas Studio Limited Fundamental Key Details
| Particulars | 31 March, 2024 | 31 March, 2023 | 31 March 2022 |
| ROE% | 27.06% | 13.62% | 9.71% |
| ROCE% | 18.54% | 12.97% | 10.09% |
| Debt to Equity Ratio% | 1.50 | – | – |
| PAT Margin% | 5.36% | 1.68% | 1.52% |
| EBITDA Margin% | 9.66% | 6.47% | 6.66% |
| RONW | 27.06% | 13.62% | 9.71% |
Forcas Studio Limited Board of Directors & Promoters
| Name | Designation |
| Sailesh Agarwal | Managing Director & Promoter |
| Sourav Agarwal | Whole-time Director, Chief Financial Officer & Promoter |
| Altab Uddin Kazi | Independent Director |
| Hitu Gambhir Mahajan | Independent Director |
| Amit Rathi | Independent Director |
Forcas Studio Limited Share Holding Pattern Pre-Issue
| Promoters | Share Holding% | Number of Share Holding |
| Sailesh Agarwal | 73.95% | 95,40,000 |
| Sourav Agarwal | 8.22% | 10,60,000 |
| TOTAL Pre-issue | 82.17% | 1,06,00,000 |
Share Holding Pattern Post-Issue
| Promoters | Share Holding% |
| Sailesh Agarwal | 54.27% |
| Sourav Agarwal | 6.03% |
| Total Post Issue | 60.30% |
Forcas Studio IPO Object of the Issue
- Funding for the upgradation of the warehouse
- working capital requirements
- Prepayment or repayment of company loans
- General Corporate Purposes
Check IPO Allotment Status From Issue Registrar
| Registrar | Mas Services Limited |
| Address: | T-34, 2nd Floor, Okhla Industrial Area, Phase-II New Delhi- 110 020, Delhi, India. |
| Tel. Number: | +91 112 638 7281/83, 114 132 0335 |
| E-mail: | [email protected] |
| Website Check Allotment: | www.masserv.com/opt.asp |
Forcas Studio Limited Office Address & Contact Details
| Address: | Tara Maa Tower, B3-71C/161 B B T Road, Vivekanandapur, South 24 Parganas, Thakurpukur Mahestola – 700 141, West Bengal, India |
| Tel No: | +91 332 950 1056 |
| Email Id: | [email protected] |
| Website: | www.focasstudio.in |
FAQ
What is the Forcas Studio IPO Open Date?
Forcas Studio IPO is open for bidding on Monday, August 19, 2024.
What is the Forcas Studio IPO Price Range?
The company announced applying for this IPO price range is ₹77 to ₹80 per equity share.
What is the Lot Size of Forcas Studio IPO?
Forcas Studio IPO's one lot size is 1,600 equity shares.
What is the Forcas Studio IPO Close Date?
Forcas Studio IPO last day for bidding on Wednesday, August 21, 2024.
What is the Forcas Studio IPO Listing Date?
Forcas Studio IPO was officially listed on the Indian stock exchange NSE SME on Monday, August 26, 2024.
What is the Forcas Studio IPO?
Forcas Studio IPO is a 100% fresh share issue IPO. The Company issues 6.8 Lakhs fresh Equity shares. total issue size 37.44 crores. This issue opens on Monday, August 19, 2024, and closes on Wednesday, August 21, 2024. The company declared the share price range is ₹77 to ₹80, each share face value ₹10. One lot size 1,600 shares.
