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Forcas Studio Ltd IPO Synopsis

An Initial Public Offering is an opportunity for investors to take part in the growth of a company. It is always better to be in the first batch of investors. The shares offered by the company get listed on the stock exchanges and can be bought and sold by investors.

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Forcas Studio Ltd IPO

Registered Office: Tara Maa Twr B3-71C/161 BBT Rd,Vivekanandpur South 24 Pargans , Maheshtala - 700142 , West Bengal , India.
Phone : +91 332 950 1056   Fax:
Email :  info@forcasstudio.in  
Website :  www.focasstudio.in
Initial public offer of upto 46,80,000 equity shares of face value of (Rs)10/- each ("Equity Shares") of the company at an issue price of (Rs)80 per equity share (including a share premium of (Rs)70 per equity share) for cash, aggregating up to (Rs)37.44 crores ("Public Issue") out of which 2,35,200 equity shares of face value of (Rs)10/- each, at an issue price of (Rs)80 per equity share for cash, aggregating (Rs)1.88 crores will be reserved for subscription by the market maker to the issue (the "Market Maker Reservation Portion"). The public issue less market maker reservation portion i.e. issue of 44,44,800 equity shares of face value of (Rs)10/- each, at an issue price of (Rs)80 per equity share for cash, aggregating up to (Rs)35.56 crores is hereinafter referred to as the "Net Issue". The public issue and net issue will constitute 26.62% and 25.28% respectively of the post-issue paid-up equity share capital of the company.

Issue Money Payable On
Opens On Closes On Application Allotment
19-Aug-24 21-Aug-24 (Rs)80.00-0.00 (Rs)0.00-0.00
Minimum Application for shares in Nos :1600  Further Multiples of :1600

  (Rs Cr) Lead Managers to the Issue
Project Cost 0.00
Horizon Management Pvt Ltd
Project Financed through Current Offer 37.44  
Post Issue Equity Share Capital 17.58  
Issue Price (Rs)80.00  
 
Projects
Funding of upgrading of warehouseFunding of working capital requirements of the company
Prepayment or repayment of all or a portion of certain loans availed by the companyGeneral corporate purposes
Promoted By
Sailesh Agarwal  
Sourav Agarwal  
Listing At
NSE - SME 
Registrar to the Issue
Mas Services Limited