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New Delhi [India], August 16: Forcas Studios Limited, an established menswear company since 2010, is planning to raise up to Rs. 37.44 crore from its SME public issue. The company has received approval to launch its public issue on the NSE Emerge Platform of the National Stock Exchange. The public issue opens for subscription on August 19 and closes on August 21. The Proceeds of the public issue will be utilized to meet the company’s working capital requirement, upgrade the warehouse, prepay or repay certain secured loans availed and for general corporate purposes. Horizon Management Private Limited is the book-running…
