IPO Advisory
In-depth, experienced and seamless execution throughout the IPO Process.
IPO
Information
Financial Report
Forcas Studio IPO is a book build IPO listing on NSE EMERGE exchange. The company is based in Kolkata and caters to Textiles sector. Horizon Management Private is the merchant banker of Forcas Studio IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on [●].
Forcas Studio IPO open date is 19th August 2024 and close date is 21st August 2024. IPO Allotment Date is 8th August 2024 and Listing date is 26th August 2024.Forcas Studio IPO size is Rs 37.44 Cr. crores with IPO price of Rs 37.44 Cr.. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.
Horizon Management Private Limited is the book-running lead manager of the Forcas Studio IPO. Mas Services Limited is the Registrar and Market Maker is 37.44 Cr. for Forcas Studio IPO.
Forcas Studio IPO anchor investors are the below investors. The number of anchor investors in this IPO is 7.
| Anchor Investor Name | No. of shares Allotted | Offer Price (in Rs.) | Amount Invested (in Rs.) |
|---|---|---|---|
| Saint Capital Fund | 376,000.00 | ₹80.00 | ₹30,080,000.00 |
| Vikasa India EIF | 264,000.00 | ₹80.00 | ₹21,120,000.00 |
| Astrone capital VCC | 128,000.00 | ₹80.00 | ₹10,240,000.00 |
| Visionary Value Fund | 128,000.00 | ₹80.00 | ₹10,240,000.00 |
| Moneywise Financial Services | 128,000.00 | ₹80.00 | ₹10,240,000.00 |
| Holani Venture Capital | 128,000.00 | ₹80.00 | ₹10,240,000.00 |
| Lotus Value Fund | 179,200.00 | ₹80.00 | ₹14,336,000.00 |
Forcas Studio IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
Forcas Studio IPO, based in Kolkata, operates in the Textiles sector with a focus on textiles. The company is launching its SME IPO on the NSE EMERGE exchange, using the Book Building Issue method. Forcas Studio IPO size is ₹ 37.44 Cr. Crores with fresh issue size of Rs 37.44 Cr. Crores and Offer for sale being Nil.
The IPO allotment date for Forcas Studio IPO is expected to be 8th August 2024, after the finalization of basis of allotment. Investors can check Forcas Studio IPO allotment status on the registrars website, Mas Services Limited. Forcas Studio IPO refund dates are 22nd August 2024.
Forcas Studio IPO is expected to be listed on 26th August 2024.
The upper price band for the Forcas Studio IPO is set at ₹ 80.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.
For IPO analysis on Forcas Studio IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.
To apply for the Forcas Studio IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 21st August 2024. After submission, funds are blocked until the basis of allotment of Forcas Studio IPO is finalised.
The merchant banker for Forcas Studio IPO is Horizon Management Private Limited . Horizon Management Private Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Forcas Studio IPO RHP for further details.
The registrar for Forcas Studio IPO is Mas Services Limited. Investors can go to Mas Services Limited registrar website for IPO allotment status, refund processing, and other queries related to Forcas Studio IPO through their official website or helpline.
Forcas Studio IPO was subscribed 416.99 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
IPO
Size:
₹ 37.44 Cr.
Avg IPO Size (Sector Based)
:
₹ 15.70 Cr.
Sector: Textiles
SME IPO so far:
76
Merchant Banker:
Horizon Management
SME IPO by BRLM so far:
47
City:
Kolkata
SME IPO so far:
69
Revenue (annualised):
₹ 26.38 cr.
PE
Ratio:
25.08x
Average Sector PE Ratio: 19.35x
Forcas Studio IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Forcas Studio Financial Review Page
Merchant Banker(s) of Forcas Studio IPO: Horizon Management Private Limited
Forcas Studio IPO subscription was 416.99 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.
Forcas Studio IPO listed at a listing price of 144.40 against the offer price of 80.00.
The current market price of Forcas Studio is 87.00.
Why Us?
