Forcas Studio Ltd - IPO

Forcas Studio Ltd IPO Details

Initial public offer of upto 46,80,000 equity shares of face value of Rs. 10/- each (Equity Shares) of the company at an issue price of Rs. 80 per equity share (including a share premium of Rs. 70 per equity share) for cash, aggregating up to Rs. 37.44 crores (Public Issue) out of which 2,35,200 equity shares of face value of Rs. 10/- each, at an issue price of Rs. 80 per equity share for cash, aggregating Rs. 1.88 crores will be reserved for subscription by the market maker to the issue (the Market Maker Reservation Portion). The public issue less market maker reservation portion i.e. issue of 44,44,800 equity shares of face value of Rs. 10/- each, at an issue price of Rs. 80 per equity share for cash, aggregating up to Rs. 35.56 crores is hereinafter referred to as the Net Issue. The public issue and net issue will constitute 26.62% and 25.28% respectively of the post-issue paid-up equity share capital of the company.

Objective of issue

Funding of upgrading of warehouse. Prepayment or repayment of all or a portion of certain loans availed by the company. Funding of working capital requirements of the company. General corporate purposes.

Forcas Studio Ltd Contact Details

Forcas Studio Ltd, T-34 2nd Floor, Okhla Industrial Are, Phase II, New Delhi - 110020

Phone - 91-011-26387281/83

Fax -

Email - info@forcasstudio.in

Website - www.focasstudio.in