Listed Price₹152.00
Listing Gain+90.00%
Price Band₹77 - ₹80
Lot Size1,600 shares
Min Bid₹1,28,000
Subscription417.06x
Listed Market Snapshot
₹152.00Listed price from market data
+90.00%listing gain
Issue Amount
₹37.44 Cr
Listed Price
₹152.00
Current Price
₹96
Registrar
Mas Services Limited
Timeline•Bookbuilding IPO
Open19 Aug 2024
Close21 Aug 2024
Allotment22 Aug 2024
Listing26 Aug 2024
Quota Reservation Portions
RetailPortion: 15,56,800 shares
33.26%Nii (hni) Portion: 6,67,200 shares
14.26%AnchorPortion: 13,31,200 shares
28.44%QIBPortion: 8,89,600 shares
19.01%Market MakerPortion: 2,35,200 shares
5.03%Minimum Application Bracket Matrix
Retail1 lots / 1,600 shares
₹1,28,000HNI2 lots / 3,200 shares
₹2,56,000About the Company
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.
Company Promoters
Sailesh AgarwalSourav Agarwal