Forcas Studio Ltd

Forcas Studio Ltd IPO

IPO Price Range: ₹77 - 80

Our Company is into Menswear and deals in mens garments such as Shirts, Denims, T-shirts, trousers, Cotton pants, sports-wear, party-wear, fashion wear, boxers etc. and cater pan India through online and wholesale in our own brand and also white-labelling for other brands such as Landmark Group, V-Mart Retail, V2 Retail, Highlander, Cobb, Kontail and many more. Our Company is in the business of manufacturing and selling of menswear garments through online ecommerce platforms and wholesale under the name of `FTX, `Tribe and `Conteno. Our Company sells products under its own brand through the most popular retail online e-commerce platforms namely, flipkart, Myntra, Meesho, Amazon, Ajio, Jio Mart, Glowroad, Limeroad, Solvd and Shopsy. The wholesale business comprises of sale to wholesalers whopurchase in bulk for onward sales to garment retailers in different states of the country. Further, our brand also are sold through large format stores including V-Mart Retail, V2 Retail, City Kart, Metro Bazar, Kothari Retail and Sarvana Retails.

Min Investment

₹1,28,000

IPO Size

₹37 Cr

IPO Status

Closed

Quantity in 1 Lot

1600

Max Bid allowed

1

Listing Exchange

NSE

IPO Application Timeline of Forcas Studio Ltd

Open Date19 Aug 2024
Close Date21 Aug 2024
Allotment Date22 Aug 2024
Listing Date26 Aug 2024

Key Statistics

Bid Opening DateBid Opening Date19 Aug 2024
Bid Closing DateBid Closing Date21 Aug 2024
Allotment DateAllotment Date22 Aug 2024
Issue SizeIssue Size₹37.44Cr
Quantity in 1 lotQuantity in 1 lot1600

Strength and risks

Strength

Strength

  • Product Design.

  • Wide market Outreach.

  • Offering fashion to youth of Urban Bharat.

  • Strong Sales & Marketing team.

  • Highly experienced management team.

  • Strong customers and suppliers relationship.

  • Wide range of Products.


Risk

Risk

  • If the company is unable to anticipate and respond to changes in fashion trends and changing customer preferences in a timely and effective manner, the demand for its products may decline, which may have an adverse effect on its business, results of operations and prospects.

  • The company derives a significant portion of its revenues from sales to third party brand owners, wholesalers and through online retailers. Any failure to maintain relationships with such third parties could adversely affect its business,results of operations and financial condition.

  • The company is dependent on its contract manufacturers to procure the company products and does not have any manufacturing facilities of its own. The companys business is therefore dependent to a large extent on expected performance and operation of its contract manufacturer partners.

  • If any new products or brands that the company launch are not as successful as its anticipate, The companys business, results of operations and financial condition may be adversely affected.

  • If the company is unable to procure raw materials, finished products and packing material of the required quality and quantity, at competitive prices, its business, results of operations and financial condition may be adversely affected.

  • The company conduct its business activities on a purchase order basis and therefore, have not entered into long-term agreements with its customers.

  • Any failure in the quality control processes by its contract manufacturers may adversely affect the companys business, results of operations and financial condition. The company may faces product liability claims and legal proceedings if the quality of products supplied by its manufacturers does not meet its customers expectations.

  • Its warehouse and a majority of the company contract manufacturers are exclusively based in a single geographical region. This may expose its manufacturing processes and the company supply chain to regional risks, which may adversely affect its business, financial condition and results of operations.

  • Its operations could be adversely affected by labour shortages, strikes, work stoppages or increased wage demands by its employees or any other kind of disputes with the company employees.

  • Pricing pressure from its competitors may affect its ability to maintain or increase the company product prices and, in turn, its revenue from product sales, gross margin and profitability, which may materially and adversely affect its business, financial condition and results of operations.

Promoters Holding

Investors Holdings %
Sailesh Agarwal73.95%
Sourav Agarwal8.22%

About Forcas Studio Ltd

OrganisationForcas Studio Ltd
HeadquartersMaheshtala
IndustryE-Commerce/App based Aggregator

Frequently Asked Questions

  • What is the size of the Forcas Studio Ltd IPO?

    The size of the Forcas Studio Ltd IPO is ₹37.44Cr .

  • What is 'pre-apply' for Forcas Studio Ltd IPO?

    'Pre-apply' for Forcas Studio Ltd IPO indicates your interest in the IPO before it opens for subscription. This ensures quick application when the IPO goes live.

  • When will my Forcas Studio Ltd IPO order be placed?

    Your Forcas Studio Ltd IPO order will be placed on 19 Aug 2024.

  • What are the open and close dates of the Forcas Studio Ltd IPO?

    The open and close dates of the Forcas Studio Ltd IPO are 19 Aug 2024 to 21 Aug 2024.

  • What is the lot size and minimum order quantity of the Forcas Studio Ltd IPO?

    The lot size and minimum order quantity of the Forcas Studio Ltd IPO are 1600 and 1600 respectively.

  • What would be the listing gains on the Forcas Studio Ltd IPO?

    The potential listing gains on the Forcas Studio Ltd IPO will depend on various market factors and cannot be predicted with certainty.