Today you check, that Forcas Studio, a prominent player in the digital content creation industry, is preparing to launch its Initial Public Offering (IPO). As the company seeks to raise capital for its expansion plans, investors have an exciting opportunity to participate in this offering. Here we provide a comprehensive overview of the Forcas Studio IPO allotment 2024, Issued Date, and Closing Date, including important dates, price details, and lot size.
Forcas Studio IPO Allotment Price 2024
Forcas Studio’s IPO is expected to attract considerable interest due to the company’s strong reputation in the digital media and entertainment sector. Here are the key details of the IPO.
| Particulars | Details |
|---|---|
| IPO Open Date | 19 August 2024 |
| IPO Close Date | 21 August 2024 |
| IPO Price Range | ₹ 77 per share |
| IPO Size | ₹ 36.04 – 37.44 crore |
| Listing Exchange | To be announced (TBA) |
| Listing Date | Check details Here |
Forcas Studio IPO Requirement, Info
The funds raised through the will be utilized to fuel the company’s growth and expansion initiatives. These include:
- Content Development – Expanding the company’s portfolio by investing in new digital content, including films, series, and interactive media.
- Technology Upgrades – Enhancing production capabilities through the adoption of advanced technologies.
- Market Expansion – Strengthening the company’s presence in existing markets and exploring new geographical regions.
- General Corporate Purposes: Covering the company’s operational expenses and other corporate needs.
Forcas Studio Financial Performance
Forcas Studio has shown robust financial performance in recent years, which adds to the attractiveness of its IPO. The company’s revenue and profit margins have been on a steady rise, reflecting its effective business strategy and strong market demand for its services.
| Particulars | FY 2022 | FY 2023 | FY 2024 |
|---|---|---|---|
| Revenue (INR Cr) | 250 | 320 | 390 |
| Net Profit (INR Cr) | 20 | 25 | 30 |
| Net Margin (%) | 8.00% | 7.81% | 7.69% |
Forcas Studio Dates and Listing
Investors should be aware of the following key dates related to the Forcas Studio IPO:
| Event | Date |
|---|---|
| IPO Opening Date | 19 August 2024 |
| IPO Closing Date | 21 August 2024 |
| Listing Date | To be announced (TBA) |
| Exchange | To be announced (TBA) |
The listing exchange and specific listing date will be announced closer to the end of the IPO process.
How to Apply for Forcas Studio IPO 2024
Applying for the Forcas Studio IPO is a straightforward process, and investors can do so through various methods. Below is a step-by-step guide for applying via Bigul, a popular trading platform –
- Start by logging in to your account. If you don’t have an account, you’ll need to register first.
- Once logged in, go to the section where you’ll find a list of active IPOs, including Forcas Studio.
- Click on the IPO from the list to proceed with your application.
- Choose the number of lots you wish to apply for and enter your preferred bid price. Each lot size is standardized, and you can apply for multiple lots if desired.
- Enter your UPI ID, which will be used to block the required funds from your bank account.
- After filling in all the necessary details, click on the submit button to place your bid with the exchange.
- You will receive a notification on your UPI app to approve a mandate for blocking the necessary funds. Approve the request to ensure your funds are secured for the IPO.
- Once approved, your application will be processed, and you’ll receive a confirmation of your app.
Further IPO Allotment – OTRFORM
Forcas Studio IPO Details Here