Forcas Studio IPO
Forcas Studio is an NSE SME IPO listed on the NSE SME platform, priced at ₹77–₹80 per share. The stock debuted at ₹152, delivering a listing gain of 90.0%. The IPO had a lot size of ₹1600 shares and a minimum investment of ₹1,28,000.
Forcas Studio Limited IPO
- IPO Dates
- Aug 19, 2024 – Aug 21, 2024
- Price band
- ₹77-80 per equity share
- Minimum Investment
- ₹1,28,000
- Issue size
- ₹37.44 Cr
- Lot size
- 1600
- Allotment Date
- Aug 22, 2024
- Listing
- Aug 26, 2024
- Listing At
- NSE SME
IPO timeline
-
Aug 19, 2024
Open Date
Completed
-
Aug 21, 2024
Close Date
Completed
-
Aug 22, 2024
Allotment Date
Completed
-
Aug 26, 2024
Listing Date
Completed
Forcas Studio IPO Essentials
Forcas Studio IPO Details
Forcas Studio IPO is priced at ₹77-80 per share with a total issue size of 37.44 crore. The IPO has a lot size of 1600 shares and is listed on NSE SME.
- Issue price
- ₹77-80 per equity share
- Lot size
- 1600 shares
- Face value
- ₹10 Per Equity Share
- Issue size
- 4,680,000 shares(aggregating up to ₹37.44 Cr)
- Total issue size
- 46,80,000 shares
(aggregating up to ₹37.44 crore) - Fresh issue
- 46,80,000 shares
(aggregating up to ₹37.44 crore) - Listing at
- NSE SME
- List price
- 152.0
- Listing date
- Registrar
- Horizon Financial Pvt Ltd
- Lead manager
-
Mas Services Limited
Market Lot Size
Investors can bid for a minimum of 1600 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Retail Investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (min) | 1 | 1600 | ₹1,28,000 |
| Retail(max) | 1 | 1600 | ₹1,28,000 |
| NII (min) | 2 | 3,200 | ₹2,56,000 |
Forcas Studio IPO Reservation
Forcas Studio IPO reservation details show category-wise allocation of shares. Out of the total 4,680,000 shares, approximately 19.01% are reserved for QIB, 14.26% for NII, 33.26% for retail investors, 5.03% for market maker, and 28.44% for anchor investors.
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | 1,331,200 (28.44%) | |
| Market Maker Shares Offered | 235,200 (5.03%) | |
| QIB Shares Offered | 889,600 (19.01%) | |
| NII (HNI) Shares Offered | 667,200 (14.26%) | |
| Retail Shares Offered | 1,556,800 (33.26%) | |
| Total Shares Offered | 4,680,000 (100%) |
Forcas Studio IPO Analytics
Forcas Studio IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.
Forcas Studio IPO Subscription Status
Forcas Studio IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.
The IPO subscription status indicates investor demand across categories.
| 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
Earnings
- EPS Pre IPO
- ₹0.89/-
- EPS Post IPO
- ₹3.43/-
- P/E Pre IPO
- 90.09
- P/E Post IPO
- 23.3
Returns
- ROE
- 27.06%
- ROCE
- 18.54%
- RoNW
- 27.06%
- PAT Margin
- 5.36
Fundamentals
- Debt / Equity
- 1.50
- Price / Book
- 5.43
Forcas Studio Financials( In Lakhs)
| 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 |
Forcas Studio Company & Offer Insights
About Forcas Studio
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.
Forcas Studio Promoter(s)
Sailesh Agarwal, Sourav Agarwal are the company's promoters of Forcas Studio.
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.
Forcas Studio IPO - Peers Comparison
| Company Name | EPS (Basic) | EPS (Diluted) | NAV (per share) (Rs) | P/E (x) | RoNW (%) | P/BV Ratio | Financial statements |
|---|---|---|---|---|---|---|---|
| Forcas Studio Limited | 1.36 | 1.36 | 10 | N/A | 9.71 | N/A | Standalone |
| Aditya Birla Fashion And Retail Ltd | -0.38 | -0.38 | 35.2 | N/A | -1.7 | 6.77 | Standalone |
Notes:
- Return on Net Worth (%) = Profit for the year ended March 31, 2023 divided by Total Equity of the Company as on March 31, 2023.
- NAV is computed as the Total Equity of the Company as on March 31, 2023 divided by the outstanding number of equity shares as on March 31, 2023.
Contact Information
Contact Details
Forcas Studio
+91 3329501056
Tara Maa Tower, B3-71C/161 B B T Road, Vivekanandapur, South 24 Parganas, Thakurpukur Mahestola - 700141
Registrar Contact Details
Frequently Asked Questions
Click any question to reveal the answer
Forcas Studio IPO is a book-built IPO worth ₹37.44 crore. The price band is ₹77–₹80 per share. The IPO opens on Aug 19, 2024 and closes on Aug 21, 2024. It will be listed on NSE SME Platform. Horizon Financial Pvt Ltd is the registrar.
The price band of Forcas Studio IPO is ₹77 to ₹80 per share.
The lot size of Forcas Studio IPO is 1600 shares.
The minimum investment for Forcas Studio IPO is approximately ₹1,28,000 based on the upper price band .
Forcas Studio IPO opens on Aug 19, 2024 and closes on Aug 21, 2024.
The allotment date of Forcas Studio IPO is Aug 22, 2024.
Forcas Studio IPO is expected to be listed on Aug 26, 2024, on NSE SME Platform.
Forcas Studio IPO valuation snapshot: P/E 23.3, EPS ₹3.43/-, P/B 5.43, RoNW 27.06%, and market cap N/A.
To apply for Forcas Studio IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.
You can check the live subscription status of Forcas Studio IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.
Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.
If you pre-apply for Forcas Studio IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.
You can check Forcas Studio IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Forcas Studio IPO allotment status on IPO Ji for quick and easy access.