Forcas Studio IPO Details
| IPO Size | 37.44 |
| Price Range | ₹77 - ₹80 |
| Retail Quota | 35% |
| QIB Quota | 50% |
| NII Quota | 15% |
| Employee Discount | -- |
| Listing at | NSE |
| Minimum Quantity | 1600 |
| Investment (cut-off price) | ₹128,000 |
| Pre IPO Promotor Holding | 82.17% |
| Post IPO Promotor Holding | 60.30% |
| DHRP Draft | Click Here |
| RHP Draft | Click Here |
| Anchor Investors List | Click Here |
Forcas Studio IPO Timelines
19/08/2024
Start Date21/08/2024
End Date23/08/2024
Refund Initiation23/08/2024
Credit of Shares to Demat Ac26/08/2024
Listing DateForcas Studio IPO Lot Size
| Application | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 1 | 1600 | ₹128,000 |
| Retail Maximum | 1 | 1600 | ₹128,000 |
| S-HNI Minimum | 2 | 3200 | ₹256,000 |
Forcas Studio IPO Subscription Status
| QIB | NII | Retail | EMP | Total |
|---|---|---|---|---|
| 205.39 x | 701.85 x | 415.82 x | -- | 416.99 x |
IPO Performance on Listing Day
| Opening Price | Closing Price | Day High | Day Low |
|---|---|---|---|
| ₹152 | ₹144.40 | ₹159.60 | ₹144.40 |
Forcas Studio IPO Company Financials
| Year | Total Income | Total Expense | PAT |
|---|---|---|---|
| FY 2021 | ₹51.13 | ₹50.58 | ₹0.58 |
| FY 2022 | ₹53.80 | ₹53.02 | ₹0.81 |
| FY 2023 | ₹71.62 | ₹70.48 | ₹1.17 |
| FY 2024 (10M) | ₹96.49 | ₹90.95 | ₹5.15 |
About Company
Incorporated in April 2010, Forcas Studio Limited is a prominent player in the Indian menswear market, offering a diverse range of products including shirts, jeans, t-shirts, trousers, cotton pants, sportswear, party wear, fashion wear, and boxers.
The company caters to a wide audience across India, providing its products online under the brand names ‘FTX,’ ‘Tribe,’ and ‘Conteno,’ as well as through bulk orders. Forcas Studio also offers white-label services to renowned brands like Landmark Group, V-Mart Retail, V2 Retail, Highlander, and Cobb.
The company has established a strong online presence on major platforms such as Flipkart, Myntra, Meesho, Amazon, Ajio, Jio Mart, Glowroad, Limeroad, Solvd, and Shopsy. It also has a robust offline presence, selling products through over 500 large-format stores, including V-Mart Retail, V2 Retail, City Kart, Metro Bazar, Kothari Retail, and Sarvana Retail. Serving over 15,000 pin codes in India, Forcas Studio boasts a catalogue of more than 1,200 SKUs.
With four warehouses in Kolkata to manage its supply chain, Forcas Studio Limited employed 68 people as of February 29, 2024. These people cover various functions such as business operations, factory management, marketing, and accounting, ensuring smooth and efficient operations.
| Incorporation Date | Sector | Managing Director |
|---|---|---|
| 2010 | FMCG | Sailesh Agarwal |
Know Before Investing
Forcas Studio IPO Strengths
- Established menswear segment presence with 1,200+ SKUs across India.
- Innovative in-house design team creating 95% products under ₹499.
- Strong online presence on top platforms; serving 15,000+ pin codes.
- Experienced management with two decades in garment industry.
- Robust customer and supplier relationships ensure repeat business.
- Expanding market reach in Tier-2, Tier-3, Tier-4 cities.
Forcas Studio IPO Risks
- Inability to adapt to fashion trends may reduce product demand.
- Dependency on third-party brand owners and online retailers for revenue.
- Reliance on contract manufacturers without formal agreements increases risk.
- Failure of new products or brands could impact growth and profitability.
- Quality issues from contract manufacturers could harm brand reputation.
- Concentration of operations in Kolkata region exposes company to regional risks.
Swot Analysis for Forcas Studio IPO
Strengths
Weaknesses
Opportunities
Threats
Company Details
Forcas Studio Limited
Tara Maa Tower, B3-71C/161 B B T Road
Vivekanandapur, South 24 Parganas
Thakurpukur Mahestola – 700141,
Phone: +91 3329501056
Email: [email protected]
Website: http://www.focasstudio.in/
IPO Registar Details
Mas Services Limited
Phone: (011) 2610 4142
Email: [email protected]
Website: https://www.masserv.com/opt.asp
FAQs
The key objectives of Forcas Studio IPO are:
- Funding of upgradation of warehouse;
- Prepayment or repayment of certain secured loans availed by our Company;
- Funding of working capital requirements of our Company;
- General Corporate Purposes.
Horizon Management Pvt Ltd. is the book-running lead managers for the Forcas Studio IPO.