Forcas Studio Ipo
Objects of the Issue:
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 Review
May Apply
Peer Group
Aditya Birla Fashion and Retail Ltd
Company Promoters
Sailesh Agarwal
Sourav Agarwal
Forcas Studio IPO Lead Managers aka Merchant Bankers
Horizon Financial Pvt Ltd
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 1 | 1600 | ₹128,000 |
| Retail Maximum | 1 | 1600 | ₹128,000 |
| S-HNI Minimum | 2 | 3200 | ₹256,000 |
| IPO Open Date: | August 19, 2024 |
| IPO Close Date: | August 21, 2024 |
| Basis of Allotment: | August 22, 2024 |
| Refunds: | August 23, 2024 |
| Credit to Demat Account: | August 23, 2024 |
| IPO Listing Date: | August 26, 2024 |
| ₹ in Crores | |||
| Year | Revenue | Expense | PAT |
| 2021 | ₹51.13 | ₹50.58 | ₹0.58 |
| 2022 | ₹53.80 | ₹53.02 | ₹0.81 |
| 2023 | ₹71.62 | ₹70.48 | ₹1.17 |
| Feb 2024 | ₹96.49 | ₹90.95 | ₹5.15 |
| Earning Per Share (EPS): | ₹1.36 per Equity Share |
| Price/Earning P/E Ratio: | NA |
| Return on Net Worth (RoNW): | 13.62% |
| Net Asset Value (NAV): | ₹10.00 per Equity Share |
| IPO Open: | August 19, 2024 |
| IPO Close: | August 21, 2024 |
| IPO Size: | Approx ₹37.44 Crores, 4,680,000 Equity Shares |
| Fresh Issue: | Approx ₹37.44 Crores, 4,680,000 Equity Shares |
| Face Value: | ₹10 Per Equity Share |
| IPO Price Band: | ₹77 to ₹80 Per Equity Share |
| IPO Listing on: | NSE SME |
| Retail Quota: | 35% of the net offer |
| QIB Quota: | 50% of the net offer |
| NII Quota: | 15% of the net offer |
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
| Anchor Investors in IPO: | Click Here |