Forcas Studio Limited IPO
Forcas Studio Limited was a SME IPO in the Garments & Apparels sector, offered at ₹77–₹80 per share to raise ₹37 crore. It listed on 26 Aug 2024 at ₹152 and closed its first day at ₹144, a listing gain of +80.5% versus the ₹80 issue price. It now trades around ₹193 (+141.2% versus the issue price).
Frequently asked questions
- What were the Forcas Studio Limited IPO listing gains?
- Forcas Studio Limited listed on 26 Aug 2024 at ₹152, closing its first day at ₹144 — a listing gain of +80.5% versus the ₹80 issue price.
- What was the price band and lot size of the Forcas Studio Limited IPO?
- The price band was ₹77–₹80 per share, with a minimum lot of 1,600 shares (₹1,28,000 at the upper band).
- Who were the registrar and lead manager for the Forcas Studio Limited IPO?
- MAS Services Limited was the registrar, and Horizon Management was the book-running lead manager.