The 46.8 lakh shares in the Forcas Studio IPO are a book-built issue, and the 46.8 lakh shares total offered constitute a fresh issue. August 19, 2024, will mark the start of the subscription period for the Forcas Studio IPO, which will end on August 21, 2024.
On Thursday, August 22, 2024, the share allocation is anticipated to be finalized. The tentative listing date for the initial public offering (IPO) on the NSE SME is Monday, August 26, 2024.
It is not yet known what the pricing bands for the Forcas Studio IPO will be.
Forcas Studio IPO Details (Date, GMP, Price)
| IPO Opening Date | 19th Aug 2024 |
| IPO Closing Date | 21st Aug 2024 |
| IPO Issue Price | ₹77.00-80.00 Per Share |
| IPO Listing At | NSE SME |
| IPO Issue Type | Book Build Issue |
| IPO Issue Size | ₹37.44 Cr |
| Fresh Issue | ₹37.44 Cr |
| Listing Date | Monday, August 26, 2024 |
Forcas Studio Financials
| Year | FY 2024 |
| Revenue | ₹96.49Cr |
| Assets | ₹1237.94Cr |
| PAT | ₹5.15 Cr |
| EPS | ₹1.36 Per Share |
| PE Ratio | N/A |
| RONW | 13.62% |
| NAV | ₹10 Per Share |
About – Forcas Studio
In October 2010, Forcas Studio Limited was established. The company sells menswear items such as boxers, party wear, athletics, jeans, t-shirts, pants, and cotton pants. With its own brand and white labeling for other brands like Landmark Group, V-Mart Retail, V2 Retail, Highlander, Cobb, Kontail, and many more, it serves the entirety of India through online and wholesale channels.
Through the most well-known retail e-commerce sites, including Flipkart, Myntra, Meesho, Amazon, Ajio, Jio Mart, Glowroad, Limeroad, Solved, and Shopsy, the corporation offers goods under its own brand. Selling to wholesalers that buy in bulk to resell to clothing stores in different states around the nation is the wholesale business. Major retail establishments including V-Mart Retail, V2 Retail, City Kart, Metro Bazar, Kothari Retail, and Sarvana Retails also sell the brands.
Forcas Studio IPO Review
This comprehensive analysis of Forcas Studio’s initial public offering (IPO) offers a close look at the possible investment opportunity. This report discusses the benefits and drawbacks of the IPO, contrasts Forcas Studio with competitors in the field, and focuses on the promoters’ backgrounds.
