Forcas Studio Limited
ListedSMEMedia & Entertainment · NSE
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.
Price Band
₹77 – ₹80
Issue Size
₹37.44 Cr
Lot Size
1600 shares
GMP
₹86
+107.5%
Est. Listing
₹166
at current GMP
Subscribed
417.06x
overall
Open
19 Aug 2024
Close
21 Aug 2024
Allotment
22 Aug 2024
Refund
23 Aug 2024
Demat Credit
24 Aug 2024
Listing
26 Aug 2024
Last updated 12 days ago
Overall Subscription
417.06x
Total Demand
QIB Multiplier
205.39x
Institutions & Funds
NII / HNI
702.20x
High Net-Worth
Retail (RII)
415.82x
Individual Bidders
Category-Wise Subscription Breakup
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| QIB | 889,600 | 182,716,800 | 205.39x |
| NIB | 667,200 | 468,507,200 | 702.20x |
| RETAIL | 1,556,800 | 647,344,000 | 415.82x |
| Total | 3,113,600 | 1,298,568,000 | 417.06x |
Application-Wise Breakup
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| Retail (RII) | 1,024 | 425,800 | 415.82x |
| HNIs (10L +) | 7 | 4,915 | 702.20x |
| HNIs (2-10L) | 31 | 21,768 | 702.20x |
| Total Applications | 1,062 | 452,483 | 426.07x |
Day-Wise Subscription Progress
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
About Forcas Studio Limited Public Issue & Market Profile
Forcas Studio Limited is bringing an initial public offering (IPO) in the Media & Entertainment sector with an aggregate issue size of ₹37.44 Crores. The shares are offered at a price band of ₹77 to ₹80 per equity share on NSE. Currently, traders and retail applicants are calculating expected listing gains and break-even points based on unofficial grey market quotations.
Bidding & Quota Instructions:
Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 1600 shares (approx. ₹1,28,000 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.
Allotment Reconciliation Schedule:
Allotment reconciliation will be managed by Mas Services Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2024-08-24, while un-allotted funds or UPI block mandates will be released on 2024-08-23.
Frequently Asked Questions
What is Forcas Studio Limited IPO GMP today?
The latest Grey Market Premium (GMP) for Forcas Studio Limited IPO is ₹86 per equity share. Based on the upper price band of ₹77 to ₹80 per equity share, the estimated listing price is ₹166 (+107.5% expected listing gain).
What is the expected profit per lot for Forcas Studio Limited IPO?
With a lot size of 1600 shares and current GMP of ₹86, the expected profit per application lot is approx ₹1,37,600 (+107.5% gain). Minimum application cost is approx ₹1,28,000.
What is the issue size and price band for Forcas Studio Limited IPO?
The Forcas Studio Limited IPO aggregate issue size is ₹37.44 Crores with an equity price band set at ₹77 to ₹80 per equity share. The retail lot size is 1600 shares requiring a minimum capital outlay of approx. ₹1,28,000.
How can I check Forcas Studio Limited IPO live subscription demand?
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 417.06x (Retail: 415.82x, QIB: 205.39x, NII: 702.20x). You can track live multiples directly on our dedicated subscription page.
Where and when will Forcas Studio Limited IPO allotment status be published?
The basis of allotment will be published on the official registrar portal (Mas Services Limited) and the BSE status verification website on or around 2024-08-22. Investors can verify status using PAN card or application number.
When is the listing date for Forcas Studio Limited IPO?
Forcas Studio Limited shares are scheduled to list on NSE on 2024-08-26.