Forcas Studio IPO Subscription Status: Forcas Studio IPO is Open on 19 August 2024 and Close on 21 August 2024. Forcas Studio IPO to Raise 4,680,000 shares (Approx ₹37.44 Cr) via IPO. The Fresh Issue is 4,680,000 shares (Approx ₹37.44 Cr).
- The Retail Quota is 35%
- QIB is 50%
- NII is 15%
Forcas Studio IPO is an SME IPO and Listed on NSE SME. Forcas Studio IPO Price Band is Fixed at ₹80 Equity Share. Forcas Studio IPO Lot Size is 1600 Shares.
Also Read: Forcas Studio IPO Date, Review, GMP Price, Details
Forcas Studio IPO Subscription Status, Rate bid times
Inv Category
Shares Reserved
No. of Shares bid for
No. of Times (Subscription)
Qualified Buyers (QIBs)
8,89,600
18,27,16,800
205.39
Non Institutional Buyers (NIIs)
6,67,200
46,82,72,000
701.85
Retail Individual Buyers (RIIs)
15,56,800
64,73,44,000
415.82
Total
31,13,600
1,29,83,32,800
416.99
Forcas Studio IPO Subscription Status day-by-day-
Categories
19 Aug
20 Aug
21 Aug
QIB
0.00
5.62
205.39
NII
28.42
93.47
701.85
RII
60.85
164.90
415.82
Total
36.51
104.08
416.99
About IPO :
Forcas Studio is into Menswear and deals in men’s 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.
Forcas Studio is in the business of manufacturing and selling of menswear garments through online ecommerce platforms and wholesale underthe name of ‘FTX’, ‘Tribe’ and ‘Conteno’. Our Company sales 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 who purchase 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.
We transitioned to online business in 2021 to better serve our Pan India clientele. In the two years since we went digital with our menswear product line, we have served about 15,000 plus pin codes in India giving us benefit of selling to the end consumer directly and understanding their buying pattern.
Forcas Studio holdings Investor Categories
- Qualified Institutional Buyers (QIB).
- Non- Institutional Investors (NII).
- Retail individual Investors (RII).
- Employee (EMP).
- Others (Eligible Shareholders).
Who Is QIB In IPO?
QIB Stands For “Qualified Institutional Buyer” In The Context Of An IPO (Initial Public Offering). QIBs Are A Category Of Institutional Investors Who Are Considered Financially Sophisticated And Meet Certain Regulatory Criteria For Participating In Capital Markets. In The Context Of An IPO, QIBs Play A Significant Role As They Contribute To The Overall Demand For Shares And Help Determine The Success Of The Offering.
Who Is NII In IPO?
NII Stands For “Non-Institutional Investors” In The Context Of An IPO (Initial Public Offering). Non-Institutional Investors Are A Category Of Investors Who Participate In The IPO Alongside Institutional Investors And Retail Investors. NII Typically Includes High Net Worth Individuals (HNIs), Corporate Bodies, Trusts, And Other Entities That Are Not Classified As Institutional Investors But Have The Financial Capacity To Invest Significant Amounts In The IPO.
Who Is RII In IPO?
RII Stands For “Retail Individual Investor” In The Context Of An IPO (Initial Public Offering). Retail Individual Investors Are Individual Investors Who Participate In The IPO Alongside Institutional Investors And Non-Institutional Investors. RII Typically Includes Individual Investors Who Do Not Meet The Criteria To Be Classified As Institutional Investors Or Non-Institutional Investors.
Who Is EMP In IPO?
“EMP” In The Context Of An IPO (Initial Public Offering) Typically Stands For “Employee.” In Some IPOs, A Certain Portion Of The Shares May Be Reserved For Allocation To Employees Of The Company Going Public. These Employees Are Often Referred To As “Employee Shareholders” Or “Employee Participants” (EMP).
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