Last updated on September 7, 2024
Forcas Studio IPO description – Incorporated in 2010, Forcas Studio specializes in men’s fashion. It sells men’s clothing and accessories such as shirts, jeans, t-shirts, trousers, cotton trousers, sportswear, party wear, fashion wear, boxer shorts, etc. online across India. The company wholesales under brands like Landmark Group, V-Mart Retail, V2 Retail, Highlander, Cobb, Kontail, etc.
Forcas Studio manufactures, sells, and wholesale through e-commerce platforms under the name ‘FTX‘, ‘Tribe‘, and ‘Conteno‘. The company sells branded products through e-commerce platforms like Flipkart, Myntra, Meesho, Amazon, Ajio, Jio Mart, Glowroad, Limeroad, Solvd, and Shopsy.
In addition to being present on the top online marketplaces, it is also in over 500 large format stores, which helps to be visibly present in offline spaces. With more than 1200 SKUs, the company’s product catalog is broad and varied. As of 29 February 2024, the company had delivered the products in 15,000 plus pin codes in India for orders placed through online e-commerce marketplaces spread across Pan India.
Promoters of Forcas Studio – Sailesh Agarwal, and Sourav Agarwal
Table of Contents
Forcas Studio IPO Details
| Forcas Studio IPO Dates | 19 – 21 August 2024 |
| Forcas Studio Issue Price | INR 77 – 80 per share |
| Fresh issue | 46,80,000 shares (INR 36.04 – 37.44 crore) |
| Offer For Sale | NIL |
| Total IPO size | 46,80,000 shares (INR 36.04 – 37.44 crore) |
| Minimum bid (lot size) | 1,600 shares (INR 1,28,000) |
| Face Value | INR 10 per share |
| Retail Allocation | 35.03% |
| Listing On | NSE Emerge |
Forcas Studio Financial Performance
|  | FY 2021 | FY 2022 | FY 2023 | 1 Apr 2023 – 11 Jan 2024 | 12 Jan – 29 Feb 2024 |
| Revenue | 50.51 | 53.20 | 69.60 | 71.89 | 24.19 |
| Expenses | 50.58 | 53.02 | 70.48 | 68.29 | 22.66 |
| Net income | 0.58 | 0.81 | 1.17 | 3.98 | 1.17 |
Forcas Studio Offer News
- Forcas Studio RHP
- Forcas Studio Draft Prospectus
- ASBA IPO Forms
- Live IPO Subscription Status
- Highest SME IPO Subscription in 2024
Forcas Studio Valuations & Margins
| FY 2021 | FY 2022 | FY 2023 | |
| EPS | 0.45 | 0.63 | 0.91 |
| PE ratio | – | – | 84.76 – 88.06 |
| RONW (%) | 8.20 | 9.71 | 13.62 |
| NAV | 5.52 | 6.44 | 6.67 |
| ROCE (%) | 9.98 | 10.09 | 12.97 |
| EBITDA (%) | 6.77 | 6.66 | 6.47 |
| Debt/Equity | – | 1.50 | – |
Forcas Studio IPO GMP Today
| Date | Consolidated IPO GMP | Kostak | Subject to Sauda |
| 24 August 2024 | 82 | – | 94,000 |
| 23 August 2024 | 82 | – | 94,000 |
| 22 August 2024 | 82 | – | 94,000 |
| 21 August 2024 | 78 | – | 88,000 |
| 20 August 2024 | 75 | – | 84,000 |
| 19 August 2024 | 75 | – | 84,000 |
| 17 August 2024 | 72 | – | 81,000 |
| 16 August 2024 | 57 | – | 68,500 |
| 14 August 2024 | 50 | – | 61,000 |
| 13 August 2024 | 40 | – | 50,000 |
Forcas Studio IPO Dates & Listing Performance
| IPO Opening Date | 19 August 2024 |
| IPO Closing Date | 21 August 2024 |
| Finalization of Basis of Allotment | 22 August 2024 |
| Initiation of refunds | 23 August 2024 |
| Transfer of shares to demat accounts | 23 August 2024 |
| IPO Listing Date | 26 August 2024 |
| Opening Price on NSE SME | INR 152 per share (up 90%) |
| Closing Price on NSE SME | INR 152 per share (up 80.50%) |
Forcas Studio Offer Lead Manager
HORIZON MANAGEMENT PRIVATE LIMITED
19 R N Mukherjee Road, Main Building, 2nd Floor,
Kolkata- 700 001, West Bengal, India
Phone:Â +91 33 4600 0607
Email:Â [email protected]
Website:Â www.horizonmanagement.in
Forcas Studio Offer Registrar
MAS SERVICES LIMITED
T-34, 2nd Floor, Okhla Industrial Area,
Phase-II New Delhi- 110 020
Phone:Â +91 112 638 7281/83
Email:Â [email protected]
Website:Â www.masserv.com
Forcas Studio IPO Contact Details
FORCAS STUDIO LIMITED
Tara Maa Tower, B3-71C/161 BBT Road, Vivekanandapur,
South 24 Parganas, Thakurpukur Mahestola – 700 142,
West Bengal, India
Phone: +91 332 950 1056
E-mail: [email protected]
Website: www.focasstudio.in
IPO FAQs
What is the Forcas Studio offer size?
Forcas Studio offer size is INR 36.04 – 37.44 crores.
What is the Forcas Studio offer price band?
Forcas Studio public offer price is INR 77 – 80 per share.
What is the lot size of the Forcas Studio IPO?
Forcas Studio offer a lot size is 1,600 shares.
What is Forcas IPO GMP today?
Forcas Studio IPO GMP today is INR 82 per share.
What is the Forcas Studio kostak rate today?
Forcas Studio kostak rate today is INR NA per application.
What is Forcas Studio Subject to the Sauda rate today?
Forcas Studio is Subject to the Sauda rate today is INR 94,000 per application.
