Forcas Studio Limited

Company Profile
Company Name Forcas Studio Limited
Open Date 19-08-2024
Close Date 21-08-2024
Exchange NSE SME
Lot Size 1600 Shares
Issue Price ₹77 to ₹80 per share
Issue Size 46,80,000 shares
Application Amount ₹1,28,000
Recommendation Avoid
Forcas Studio Limited was originally formed and incorporated as ‘M/s. Forcas Apparels’ on April 09, 2010. The registered office is located at Thakurpukur Mahestola, West Bengal. The Company is into menswear and men’s garments such as shirts, denims, t-shirt, trousers etc. They cater pan India through online and wholesale under their own brand name and white labelling for other brands. The company had 68 permanent employees as of February 29, 2024.
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Financial Summary in Lakhs

KPI’s FY 22 FY 23 FY 24
Revenue 5,320.02 6,960.46 9,607.24
EBITDA 294.14 248.19 886.06
Net Profit 80.70 117.19 597.19
RoCE 17.51% 15.45% 37.05%
ROE 9.71% 13.62% 31.40%
P/E 82.47 58.82 14.06

Tentative Timeline

Opening Date 19-08-2024
Closing Date 21-08-2024
Basis of Allotment 22-08-2024
Initiation of Refunds 23-08-2024
Credit of Shares to Demat 23-08-2024
Listing Date 26-08-2024

Objects of the Issue

Funding of upgradation of warehouse
Prepayment/ repayment of all or a portion of certain loans availed by the company
Funding working capital requirements
General Corporate Purposes

Contact Information

Registered Office Forcas Studio Limited Tara Maa Tower, B3-71C/161 B B T Road Vivekanandapur, South 24 Parganas Thakurpukur Mahestola - 700141
Phone +91 3329501056
Email info@focasstudio.in
Website http://www.focasstudio.in/

Registrar Details

Name Mas Services Limited
Phone (011) 2610 4142
Email ipo@masserv.com
Website https://www.masserv.com/opt.asp

IPO Reservation

QIB Shares Offered Not more than 49.96% of the Net Issue
Retail Shares Offered Not less than 35.03% of the Net Issue
NII (HNI) Shares Offered Not less than 15.01% of the Net Issue

Shareholding Pattern

Share Holding Pre Issue (Promoters) 82.17%
Share Holding Post Issue (Promoters) 60.30%

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