Forcas Studio Ltd
Price Range
₹77 - ₹80
Min. Quantity
1,600
Closes on
21 August 2024
Min. investment
₹1,28,000/1,600 Shares
Forcas Studio Ltd IPO Timeline
Forcas Studio Limited was initially established as a Partnership Firm under the name M/s. Forcas Apparels' , founded by Sailesh Agarwal pursuant to a Deed of Partnership dated April 9, 2010. The Partnership Firm got converted into a Private Limited Company under the name and style of Forcas Studio Private Limited' and a Certificate dated January 12, 2024 was issued by the Registrar of Companies, Central Registration Centre. Later on, Company was converted into a Public Limited Company and the name was changed to Forcas Studio Limited' and a fresh Certificate of Incorporation dated April 5, 2024 was issued by Registrar of Companies, Central Processing Centre.
| Event | Date |
|---|---|
| Forcas Studio Ltd IPO Opening Date | 19 August 2024 |
| Forcas Studio Ltd IPO Closing Date | 21 August 2024 |
| Basis of Allotment | 22 August 2024 |
| Initiation of Refunds | 23 August 2024 |
| Credit of Shares to Demat | 23 August 2024 |
| Forcas Studio Ltd IPO Listing Date | 26 August 2024 |
Forcas Studio Ltd IPO Details
| Forcas Studio Ltd IPO Date | 19 August 2024 to 21 August 2024 |
| Forcas Studio Ltd IPO Face Value | ₹10 per share |
| Forcas Studio Ltd IPO Price | ₹77 to ₹80 per share |
| Forcas Studio Ltd IPO Lot Size | 1,600 |
| Issue Size | Shares of ₹10 (aggregating up to ₹37.44 Cr) |
| Fresh Issue | Shares of ₹10 (aggregating up to ₹37.44 Cr) |
| Offer for Sale | - |
| Issue Type | Book Building - SME |
| Listing At | NSE - SME |
| QIB Shares Offered | - |
| Retail Shares Offered | - |
| NII (HNI) Shares Offered | - |
| Company Promoters | Sailesh Agarwal, Sourav Agarwal |
Forcas Studio Ltd IPO Lot Size
The Forcas Studio Ltd IPO lot size is 1,600 shares. A retail-individual investor can apply for up to 1 lots (1,600 shares or ₹1,28,000).
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Minimum | 1 | 1,600 | ₹1,28,000 |
| Maximum | 1 | 1,600 | ₹1,28,000 |
- Strengths
- Risks
- Opportunities
- Product Design.
- Wide market Outreach.
- Offering fashion to youth of Urban Bharat.
- Strong Sales & Marketing team.
- Highly experienced management team.
- Strong customers' and suppliers' relationship.
- Wide range of Products.
Company Financials
Forcas Studio Ltd Financial Information (Restated)
| Period Ended | Total Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| 02-2024 | 58.85 | 24.24 | 1.17 |
| 03-2023 | 39.24 | 71.62 | 1.17 |
| 03-2022 | 43.33 | 53.8 | 0.81 |
| Amount in ₹ Crore | |||
Objects of the Issue
The company proposes to utilise the Net Proceeds from the Fresh Issue towards funding the following objects:
- Funding of upgrading of warehouse
- Prepayment or repayment of all or a portion of certain loans availed by the company
- Funding of working capital requirements of the company
- General corporate purposes
Forcas Studio Ltd IPO Promoter Holding
| Pre Issue Share Holding | 73.95% |
| Post Issue Share Holding | 54.27% |
Forcas Studio Ltd IPO Subscription Status (Bidding Detail)
The Forcas Studio Ltd IPO is subscribed 387.7711 times on 21 August 2024 05:00:00 PM. The public issue subscribed 0 times in the retail category, 0 times in the QIB category, and 0 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | QIB | NII | Retail | Employee | Total |
| Subscription (times) | - | - | - | - | 387.7711 |
Forcas Studio Ltd IPO Prospectus
Forcas Studio Ltd IPO Listing Date
| Listing Date | 26 August 2024 |
| BSE Script | 92990 |
| NSE Symbol | FORCAS |
| Listing In | NSE - SME |
| ISIN | INE0U2501017 |
| IPO Price | ₹80 |
| Face Value | ₹10 |
Company Contact Information
Tara Maa Twr B3-71C/161 BBT RdVivekanandpur South 24 Pargans,Maheshtala-700142
Phone: +91 332 950 1056
Email: info@forcasstudio.in
Website: www.focasstudio.in
Forcas Studio Ltd IPO Registrar
Forcas Studio Ltd IPO Lead Manager(s)
- Horizon Management Pvt Ltd
FAQ
What is the issue size of Forcas Studio Ltd IPO?
I have pre-applied for Forcas Studio Ltd IPO. When will my order get placed?
In case of pre-apply, your IPO order will be placed on the Exchange as soon as the official bidding for TBI Corn Ltd IPO begins. You will receive a UPI request within 24 hours after the bidding period opens.