Forcas Studio shares list at 90% premium on NSE SME platform

Forcas Studio listed on the NSE SME platform at Rs 152, a 90% premium over its issue price of Rs 80. The IPO saw overwhelming interest with over 400 times subscription. The menswear company, which operates online and wholesales under brands like ‘FTX’ and ‘Tribe’, reported revenues of Rs 96.07 crore for FY24.