Forcas Studio Limited (NSE SME)
Aug 19, 2024 - Aug 21, 2024
| Price | ₹77 - ₹80 |
| Premium | ₹86 |
|---|---|
| Lot size | 1600 |
| Allotment | Aug 22, 2024 |
| Listing | Aug 26, 2024 |
| Category | Lot(s) | Qty | Amount | Reserved |
|---|---|---|---|---|
| Retail | 1 | 1600 | 128000 | 973 |
| HNI | 2 | 3200 | 256000 | 417 |
Last updated on 21-Aug-2024 18:14:02
| Category | Offered | Applied | Times |
|---|---|---|---|
| QIB | 889600 | 182716800 | 205.39 |
| NIB | 667200 | 468507200 | 702.2 |
| RETAIL | 1556800 | 647344000 | 415.82 |
| Total | 3113600 | 1298568000 | 417.06 |
| Retail Apps | 404590 | © IPO Premium | |
| HNI Interest Cost Per Share (7 Days) | |||||
|---|---|---|---|---|---|
| @7% ₹75.41 | @8% ₹86.19 | @9% ₹96.96 | @10% ₹107.73 | @11% ₹118.51 | @12% ₹129.28 |
IPO Reservation
| Investor Category | Shares Offered | No. of Shares |
|---|---|---|
| Retail | 33.26% | 1556800 |
| NII (HNI) | 14.26% | 667200 |
| Anchor | 28.44% | 1331200 |
| QIB | 19.01% | 889600 |
| Market Maker | 5.03% | 235200 |
| Total | 100.00% | 4680000 |
Forcas Studio IPO Details
| Issue Size | 4,680,000 shares (aggregating up to ₹[37.44] Cr) |
| Fresh Issue | 4,680,000 shares (aggregating up to ₹[37.44] Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | NSE SME |
| Share holding pre issue | 12,900,000 |
| Share holding post issue | 17,580,000 |
| Market Maker portion | 235,200 shares Giriraj Stock Broking |
Key Performance Indicator
| KPI | Feb-24 | Mar-23 | Mar-22 |
|---|---|---|---|
| ROE | 27.06% | 13.62% | 9.71% |
| ROCE | 18.54% | 12.97% | 10.09% |
| RONW | 13.62% | 9.71% | 8.20% |
| D/E | 1.5 | ||
| EPS (basic) | - | 1.36 | 0.97 |
| P/E Pre IPO | 58.82 |
Company Financials
Forcas Studio Limited Financial Information (Restated)
| Period | Feb 2024 | Mar 2023 | Mar 2022 | Mar 2021 | ||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | 12,379.43 | 3,923.85 | 4,333.27 | 4,890.73 | ||||||||||||||||||||||||||||||||||||
| Revenue | 9,648.78 | 7,162.42 | 5,380.44 | 5,113.14 | ||||||||||||||||||||||||||||||||||||
| Profit | 553.31 | 114.55 | 78.44 | 55.55 | ||||||||||||||||||||||||||||||||||||
| Net Worth | 1,901.97 | 860.26 | 830.84 | 711.94 | ||||||||||||||||||||||||||||||||||||
| Reserves | 611.97 | |||||||||||||||||||||||||||||||||||||||
| Borrowing | 2,861.04 | 2,325.26 | 2,419.99 | 2,437.92 | ||||||||||||||||||||||||||||||||||||
| Amount in ₹ Lakhs | ||||||||||||||||||||||||||||||||||||||||
About Company
Incorporated in April 2010, Forcas Studio Limited is a prominent player in the Indian menswear market, offering a diverse range of clothing including shirts, jeans, t-shirts, trousers, cotton pants, sportswear, party wear, fashion wear, and boxers. The company operates under the brand names ‘FTX,’ ‘Tribe,’ and ‘Conteno,’ and provides both online and bulk sales throughout India. It has established a strong online presence across major platforms such as Flipkart, Myntra, Meesho, Amazon, and Ajio, as well as an extensive offline presence through large-format stores like V-Mart Retail and Metro Bazar. Forcas Studio also offers white-labeling services to brands including Landmark Group and Highlander. With over 1200 SKUs in its catalogue and service to more than 15,000 pin codes, the company supports its operations through four warehouses in Kolkata and a dedicated team of 68 employees managing various functions such as business operations, marketing, and factory management.
Phone: (011) 2610 4142
Email: ipo@masserv.com
Website: https://www.masserv.com/opt.asp