Forcas Studio IPO – Incorporated in 2010, Forcas Studio specializes in men’s fashion. It sells men’s clothing and accessories such as shirts, jeans, t-shirts, trousers, cotton trousers, sportswear, party wear, fashion wear, boxer shorts, etc. online across India. The company wholesales under its brands like Landmark Group, V-Mart Retail, V2 Retail, Highlander, Cobb, Kontail, etc.

Forcas Studio manufactures, sells, and wholesale through e-commerce platforms under the name ‘FTX‘, ‘Tribe‘, and ‘Conteno‘. The company sells branded products through e-commerce platforms like Flipkart, Myntra, Meesho, Amazon, Ajio, Jio Mart, Glowroad, Limeroad, Solvd, and Shopsy.

In addition to being present on the top online marketplaces, it is also in over 500 large format stores, which helps to be visibly present in offline spaces. With more than 1200 SKUs, the company’s product catalog is broad and varied. As of 29 February 2024, the company had delivered the products in 15,000 plus pin codes in India for orders placed through online e-commerce marketplaces spread across Pan India.

Forcas Studio IPO Details

Forcas Studio IPO Dates19 – 21 August 2024
Forcas Studio Issue PriceComing soon
Fresh issue46,80,000 shares
Offer For SaleNIL
Total IPO size46,80,000 shares
Minimum bid (lot size)Coming soon
Face Value INR 10 per share
Retail Allocation35.03%
Listing OnNSE Emerge

Forcas Studio Financial Performance

 FY 2021FY 2022FY 20231 Apr 2023 – 11 Jan 202412 Jan – 29 Feb 2024
Revenue50.5153.2069.6071.8924.19
Expenses50.5853.0270.4868.2922.66
Net income0.580.811.173.981.17

Forcas Studio IPO Dates & Listing Performance

IPO Opening Date19 August 2024
IPO Closing Date21 August 2024
Finalization of Basis of Allotment22 August 2024
Initiation of refunds23 August 2024
Transfer of shares to demat accounts23 August 2024
IPO Listing Date26 August 2024
Opening Price on NSE SMEComing soon
Closing Price on NSE SMEComing soon
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Last Update: September 3, 2024

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