Forcas Studio IPO

Forcas Studio Ltd

₹1,23,200 /1600 sharesMinimum Investment

Forcas Studio IPO Listing Details

Listed OnIssue PriceListing PriceListing Gains
--₹80.00₹152.00₹72.00 (90.00%)

Forcas Studio IPO Details

Bidding DatesMin. InvestmentLot SizePrice Range
19 Aug ‘24 - 21 Aug ‘24₹1,23,2001,600₹77 - ₹80
Issue SizeIPO Doc
37.44Cr
RHP PDF

Subscription rate

As of 21 Aug'24, 04:00 PM
Qualified Institutional Buyers0.00x
Non-Institutional Investor0.00x
Retail Individual Investor0.00x
Total239.82x

About Forcas Studio

Forcas Studio is engaged in menswear, offering a diverse range of men's clothing, including shirts, denims, t-shirts, trousers, cotton pants, sportswear, party wear, fashion wear, and boxers. The company caters to customers across India through both online platforms and wholesale distribution under its own brand names—FTX, Tribe, and Conteno. It provides white-labelling services for other notable brands such as Landmark Group, V-Mart Retail, V2 Retail, Highlander, Cobb, and Kontail. In 2021, Forcas Studio expanded its operations to include online sales. The company also maintains an offline presence, with its products available in over 500 large-format stores. It has a catalogue of more than 1,200 stock-keeping units (SKUs). The company sources its fabrics from local markets in Kolkata, Surat, and Mumbai and outsources its manufacturing to local producers in Kolkata.;
Founded in
2010
Managing director
Mr. Sailesh Agarwal
Parent organisation
Forcas Studio Ltd

Strengths & Financials of Forcas Studio

Strengths
Risks
Forcas Studio operates four warehouses in Kolkata, enhancing its supply chain efficiency. The company distributes its finished products through e-commerce platforms and large retail stores.
The company has seen a steady increase in revenue from operations, which rose from Rs 50.51 crore in FY21 to Rs 53.20 crore in FY22 to Rs 69.60 crore in FY23. Profit after tax (PAT) has also grown from Rs 0.58 crore in FY21 to Rs 0.81 crore in FY22 to Rs 1.17 crore in FY23.
As of February 29, 2024, Forcas Studio's products have been delivered to over 15,000 pin codes across India.
The company offers a diverse range of products that are available on major Indian online marketplaces, including Flipkart, Myntra, Meesho, Amazon, Ajio, Jio Mart, Glowroad, Limeroad, Solvd, and Shopsy.
Forcas Studio has an in-house design and merchandising team that manages a structured product development process. This process includes data analysis, research, trend forecasting, concept development, design sketching, styling, and sample development.

Forcas Studio Financials

*All values are in Rs. Cr
No Graph Data To Display

Application Details of Forcas Studio IPO

Apply asPrice bandApply upto
Regular77 - 80₹2 Lakh
High Networth Individual77 - 80₹2 - 5 Lakh
For Forcas Studio IPO, eligible investors can apply as Regular.
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