Objective of the Issue
- Funding for upgradation of the warehouse.
- Prepayment or repayment of certain secured loans availed by the company.
- Funding of working capital requirements of the company.
- General Corporate Purposes.
IPO Details, Price, Market Lot
| Forcas Studio IPO Details | |
| IPO Open Date | 19 August 2024 |
| IPO Close Date | 21 August 2024 |
| IPO Issue Size | 4,680,000 Shares (Aggregating up to ₹37.44 Cr) |
| Fresh Issue | 4,680,000 Shares (Aggregating up to ₹37.44 Cr) |
| Offer for Sale | NIL |
| Retail Portion | Not more than 49.96% of the Net Issue |
| NII Portion | Not less than 15.01% of the Net Issue |
| QIB Portion | Not more than 49.96% of the Net Issue |
| Listing At | NSE SME |
| Forcas Studio IPO Price | |
| Face Value | ₹10 per share |
| IPO Price Band | ₹77 to ₹80 per share |
| Employee Discount | — |
| IPO Issue Type | Book Built Issue |
| Forcas Studio IPO Market Lot For Retail Investor | |
| No. of Shares Per Lot | 1600 Shares |
| Minimum Lot Size | 1 Lot (1600 Shares) |
| Minimum Amount | 1,28,000 |
| Maximum Lot Size (Cut-off price) | 1 Lot (1600 Shares) |
| Maximum Amount (Cut-off price) | 1,28,000 |
| Forcas Studio IPO Market Lot For HNI | |
| No. of Shares Per Lot | 1600 Shares |
| Minimum Lot Size | 2 Lots (3200 Shares) |
| Minimum Amount (Cut-off price) | 2,56,000 |
IPO Date, Listing Date, Allotment Date
| Forcas Studio IPO Time Table (Tentative) | |
| IPO Open Date | 19 August 2024 |
| IPO Close Date | 21 August 2024 |
| Basis of Allotment Date | 22 August 2024 |
| Initiation of Refunds | 23 August 2024 |
| Credit of Share to Demat Account | 23 August 2024 |
| IPO Listing Date | 26 August 2024 |
Financial Report
| Period Ended | Assets (₹ in Lakh) |
Revenue (₹ in Lakh) |
P A T (₹ in Lakh) |
Net Worth (₹ in Lakh) |
Borrowings (₹ in Lakh) |
| 29 February 2024 | 12,379.43 | 9,648.78 | 553.31 | 1,901.97 | 2,861.04 |
| 31 March 2023 | 3,923.85 | 7,162.42 | 114.55 | 860.26 | 2,325.26 |
| 31 March 2022 | 4,333.27 | 5,380.44 | 78.44 | 830.84 | 2,419.99 |
| 31 March 2021 | 4,890.73 | 5,113.14 | 55.55 | 711.94 | 2,437.92 |
| Period Ended | 31 March 2023 | 31 March 2022 | 31 March 2021 | 31 March 2021 |
| Assets | 12,379.43 | 3,923.85 | 4,333.27 | 4,890.73 |
| Revenue | 9,648.78 | 7,162.42 | 5,380.44 | 5,113.14 |
| P A T | 553.31 | 114.55 | 78.44 | 55.55 |
| Net Worth | 1,901.97 | 860.26 | 830.84 | 711.94 |
| Borrowings | 2,861.04 | 2,325.26 | 2,419.99 | 2,437.92 |
| Amount in ₹ Lakh | ||||
Company Promotor & Promotor’s Holding
| Pre Issue Promotor Holding | 82.17% |
| Post Issue Promotor Holding | 60.30% |
Company Address
IPO Registrar, Lead Manager, Prospectus
| IPO Prospectus |
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| IPO Registrar |
| IPO Lead Manager |
