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FORCASSME / NSEListed
Forcas Studio

Forcas Studio Limited, founded in April 2010, is a leading menswear brand in India, offering a wide range of clothing like shirts, jeans, t-shirts, trousers, and sportswear. It operates under the brands ‘FTX,’ ‘Tribe,’ and ‘Conteno,’ selling both online and in bulk across the country. The company has a strong presence on e-commerce platforms like Flipkart, Myntra, Amazon, and Ajio, along with offline stores like V-Mart Retail and Metro Bazar. It also provides white-labeling services to brands such as Landmark Group and Highlander. With over 1200 SKUs and delivery across 15,000+ pin codes, Forcas Studio runs its operations through four warehouses in Kolkata and a dedicated team of 68 employees.

₹77 - ₹80417.06x sub
Listed Price₹152.00
Listing Gain+90.00%

IPO Schedule & Timeline

Bookbuilding IPO
Open19 Aug 2024
Close21 Aug 2024
Allotment22 Aug 2024
Listing26 Aug 2024

Quota Reservation & Application Lots

Quota Reservation (% Shares)

Retail15,56,800 shares
33.26%
Nii (hni) 6,67,200 shares
14.26%
Anchor13,31,200 shares
28.44%
QIB8,89,600 shares
19.01%
Market Maker2,35,200 shares
5.03%

Minimum Application Lots

Retail1 Lot (1,600 shares)
₹1,28,000
HNI2 Lots (3,200 shares)
₹2,56,000

Company Promoters

Sailesh AgarwalSourav Agarwal

Company Background

Forcas Studio Limited, founded in April 2010, is a leading menswear brand in India, offering a wide range of clothing like shirts, jeans, t-shirts, trousers, and sportswear. It operates under the brands ‘FTX,’ ‘Tribe,’ and ‘Conteno,’ selling both online and in bulk across the country. The company has a strong presence on e-commerce platforms like Flipkart, M...

Lead Managers & Bankers

No lead manager records available.

Financial Performance

Figures in ₹ Crores
Metric Breakdown

Revenue

Latest (Feb-24)₹9648.78 Cr
Growth+88.7%
Revenue Trend (₹ in Crores)
0.03.7k7.4k11.1kMar-21Mar-22Mar-23Feb-24
PeriodRev (Cr)PAT (Cr)AssetsDebt
Feb-249,648.78553.3112,379.432,861.04
Mar-237,162.42114.553,923.852,325.26
Mar-225,380.4478.44 4,333.272,419.99
Mar-215,113.1455.554,890.732,437.92

Key Performance Indicators (KPIs)

PeriodEPSROEROCEP/E (Pre)P/E (Post)
Feb-24 027.06%18.54%58.820
Mar-23 1.3613.62%12.97%00
Mar-220.979.71%10.09%00

Broker & Analyst Reviews

Review Not Available

Institutional broker reviews and analyst reports have not been released for this issue yet. Reviews are typically published 2 to 3 days prior to the issue opening date.

IPO Allotment & Registrar Status

Official Registrar: Mas Services Limited

Allotment Finalized
Allotment Date
22 Aug 2024
Official Status
Out / Finalized
Registrar
Mas Services Limited
Listing Date
26 Aug 2024

Official Allotment Verification Links

Official Registrar Portal
Mas Services Limited

Direct allotment verification on the official registrar portal appointed for Forcas Studio. Check with PAN or Application No.

Check on Registrar Portal
Stock Exchange Portal
BSE India Investor Portal

Official Bombay Stock Exchange investor verification channel using Issue Name and PAN Number.

Check on BSE India

Allotment Schedule & Milestones

IST
1. Allotment Finalization22 Aug 2024Basis of allotment declared
2. Refund Initiation1 day post allotmentUPI / ASBA mandate unblocked
3. Demat CreditPrior to listingShares credited to CDSL/NSDL
4. Listing Date26 Aug 2024Trading commences on exchange

How to Check Forcas Studio Allotment Online

1Open Portal

Click on the official registrar link or BSE portal button above.

2Select Company

Select Forcas Studio from the issue drop-down list.

3Enter Details

Select PAN, Application No., or DP Client ID and type your details.

4View Allocation

Click Submit to check your allotted share count and status.

Prospectus & Official Filings

Allotment FAQs & Help

About Forcas Studio IPO

Complete issue overview for Forcas Studio (FORCAS) IPO. The issue features an equity share price band of ₹77 – ₹80 per share with a minimum retail lot size of 1600 Shares (minimum application amount of ₹1,28,000). Explore live market tracking on our GMP Tracker, compare against All IPO GMP Today, or view category bidding on the Subscription Page. Verify official allotment via IPO Registrars or review participating investment bankers in our Lead Managers Directory.

Frequently Asked Questions