Forcas Studio Ltd (FORCAS) Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating

Forcas Studio Limited was originally formed as a partnership firm under the name and style of ‘M/s. Forcas Apparels’ pursuant to a deed of partnership dated April 9, 2010. Subsequently, pursuant to a resolution dated October 3, 2023 passed at the meeting of partners of M/s. Forcas Apparels, the partnership firm was converted into a private limited company under the Companies Act, 2013 under the name and style of ‘Forcas Studio Private Limited’ and a certificate of incorporation dated January 12, 2024 was issued by the Registrar of Companies, Central Registration Centre. Subsequently, pursuant to a resolution passed by its Board of Directors in their meeting held on February 20, 2024, and by the Shareholders at an Extra-Ordinary General Meeting held on February 23, 2024, the company was converted into a public limited company and consequently the name of the Company was changed to ‘Forcas Studio Limited’ and a fresh certificate of incorporation dated April 5, 2024 was issued by Registrar of Companies, Central Processing Centre.

The company is into Menswear and deals in men’s garments such as Shirts, Denims, T-shirts, trousers, Cotton pants, sports-wear, party-wear, fashion wear, boxers etc. and cater pan India through online and wholesale in its own brand and also white-labelling for other brands such as Landmark Group, V-Mart Retail, V2 Retail, Highlander, Cobb, Kontail and many more. The company is in the business of manufacturing and selling of menswear garments through online ecommerce platforms and wholesale under the name of ‘FTX’, ‘Tribe’ and ‘Conteno’. The company sales products under its own brand through the most popular retail online e-commerce platforms namely, flipkart, Myntra, Meesho, Amazon, Ajio, Jio Mart, Glowroad, Limeroad, Solvd and Shopsy. The wholesale business comprises of sale to wholesalers who purchase in bulk for onward sales to garment retailers in different states of the country. 

Further, its brand also is sold through large format stores including V-Mart Retail, V2 Retail, City Kart, Metro Bazar, Kothari Retail and Sarvana Retails. It transitioned to online business in 2021 to better serve its Pan India clientele. Its products are available on India’s top marketplaces. It has received positive response from its customers for its products which is reflected customers’ rating on the marketplaces. Digitalisation has made the world a smaller place and world fashion is on display like never before to the Indian masses. With its brand, it is trying to bring this aspirational fashion to the mass youth of Bharat in the fastest, most convenient and affordable manner. It offers stylish and quality menswear at affordable prices for the masses of Bharat where it sees a significant opportunity for a value for money fast fashion brand.

Business area of the company 

The company is mainly engaged in trading and Manufacturing of Readymade Garments - knitted and crochet fabrics.

Products of the company

• Shirts 
• Denims 
• T-shirts 
• Trousers 
• Cotton pants 
• Sports-wear 
• Party-wear 
• Fashion wear 
• Boxers

Awards and accreditations

• 2015: The Company was bestowed with an award ‘Merit Award 2015’ by HyperCITY, for achieving targeted sales growth. 
• 2016: The company was bestowed with an award declaring it as the ‘Champion Sales Growth Partner for Fashion 2016’ by HyperCITY. 
• 2021: The Company achieved gold seller status on Flipkart Marketplace for the period September 1, 2021 to November 29, 2021 and December 1, 2021 to February 28, 2022 respectively. 
• 2022: The Company achieved platinum seller status on Flipkart Marketplace for the period March 2, 2022 to May 30, 2022 and June 1, 2022 to August 14, 2022 respectively.

History and milestones

• 2010: Originally formed as a partnership firm under the name ‘Forcas Apparels’. 
• 2024: Converted into Forcas Studio Private Limited.