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Forcas Studio Makes a Stunning Debut on NSE SME, Launching at ₹152 with a 90% Premium

Forcas Studio shares debuted at ₹152 on NSE SME, marking a 90% premium over the ₹80 issue price, reflecting strong investor interest and high demand for the stock.
Forcas Studio Makes a Stunning Debut on NSE SME, Launching at ₹152 with a 90% Premium

Forcas Studio shares launched on the NSE SME at ₹152, achieving a remarkable 90% premium above the issue price of ₹80. This stellar market debut underscores the strong investor interest and robust demand for the newly listed stock. 

The IPO consisted solely of 46.8 lakh new shares, without any offer-for-sale component. It garnered immense interest, with the total subscription rate reaching 416.99 times, highlighting strong market demand for the newly issued shares.

Forcas Studio Limited, originally Forcas Apparels, transitioned to a public entity in 2024, specialising in men’s clothing under brands like FTX, TRIBE, and Conteno. Selling through e-commerce, wholesale, and large stores, they serve over 15,000 pin codes and feature in prominent marketplaces and 500+ stores. Their 1200+ SKU catalogue is well-received, utilising local fabrics and outsourced job work for design and quality.

Forcas Studio Ltd IPO aims to upgrade its warehouse, repay secured loans, and fund working capital to support growth, enhance storage capacity, and bolster marketing and strategic initiatives.

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फार्मा स्टॉक में उछाल, ₹177 करोड़ के ब्राउनफील्ड प्रोजेक्ट के लिए कैपेक्स की घोषणा की।

फार्मा स्टॉक ने झगड़िया में ₹177 करोड़ का अपग्रेड प्लान किया है, जिससे संचालन ऑटोमेट होगा और इलेक्ट्रोलाइट एडिटिव्स सुविधा