Forcas Studio Limited

IPO Details

Forcas Studio IPO is open for subscription starting Monday, August 19, 2024, and closing on Wednesday, August 21, 2024. This upcoming IPO's price is Rs 70 to Rs 80 per share. The minimum lot size set for the retail category is 1600 shares. Meanwhile, the minimum lot size for the HNI category is 2 lots consisting of 3200 shares.  The minimum investment required for retail category investors is Rs 1,28,000 (80 x 1600 shares). However, for the HNI category, the minimum investment amount required is Rs 2,56,000 (80 x 3200 shares).  Forcas Studio IPO is a book-built issue of Rs 37.44 crores. This upcoming IPO’s fresh issue of 46.8 lakh equity shares. The allotment for this new IPO is expected to be finalised on Thursday, August 22, 2024. Forcas Studio IPO will be listed on NSE SME on Friday, August 23, 2024. Horizon Management Private Limited is the book-running lead manager, Mas Services Limited is the registrar, and Giriraj Stock Broking is the market maker for this IPO.