Forcas Studio IPO Allotment Status

Summary

The Forcas Studio IPO has concluded with an overwhelming response, showcasing high demand across various investor categories. By Day 3, the IPO was subscribed 416.99 times, reflecting a strong interest in the offering. The Retail Individual Investors (RII) category led the way with a remarkable 415.82-time subscription, followed closely by the Non-Institutional Investors (NII) category, oversubscribed by an astonishing 701.85 times.

The bids above ₹10 lakh (bNII) drove the demand significantly within the NII segment. Meanwhile, the Qualified Institutional Buyers (QIB) category also displayed substantial interest, subscribing 205.39 times. This robust participation underscores the widespread enthusiasm for the Forcas Studio IPO, cementing its success in the market.
 

How to Check Forcas Studio IPO Allotment Status:

How do you Check Forcas Studio IPO Allotment Status on the Registrar's Site?

To find out if you received an allotment for the Forcas Studio public issue IPO, follow the steps below;

Step 1: Go to the IPO allotment page for Mas Services (registrar) (https://www.masserv.com/opt.asp)

Step 2: Choose Forcas Studio from the drop-down box as the issuing firm name.

Step 3: You can now select to submit your DP customer ID/Demat account number, IPO Application number, or PAN number.

Step 4: Enter information using the chosen option.

Step 5: When you tap the 'Search' option, the screen will display the allocation status.
Shares you apply for and are awarded will be shown on the screen.

How to Check Forcas Studio IPO Allotment Status on BSE?

Step 1: First, go to the BSE website. https://www.bseindia.com/investors/appli_check.aspx 

Step 2: Under Issue Type, choose "Equity."

Step 3: From the drop-down option, select Forcas Studio Ltd.

Step 4: Type in the PAN or Application No.

Step 5: Select "I am not a Robot" and press "Submit."

How to Check IPO Allotment Status in a Bank Account?

1. Log in to Your Netbanking: First, log into your bank account through the bank's website or mobile app.

2. Navigate to the IPO Section: Look for the 'Investing' or 'Services' tab. You’ll find an option related to IPOs there.

3. Enter Your Details: You must provide your PAN or application numbers. Fill in the required information.

4. Check for Allotted Shares: Once you submit your details, the system will show whether you’ve been allotted any IPO shares.

5. Double-check the Status: To be sure, you can also cross-check the allotment status with the company’s registrar directly.

How do you check the IPO Allotment Status in a Demat Account?

1. Log in to Your Demat Account: Access your Demat account through your Depository Participant’s (DP) app or website.

2. Find the IPO Section: Navigate to the "IPO" section or look under "Portfolio" for details about your IPO applications.

3. Check Allotment Status: Check to see if you have been allotted shares from the IPO. This information is usually available in the IPO section.

4. Confirm with the Registrar: If you don’t see the IPO shares in your Demat account, visit the registrar's website and enter your IPO application details to double-check your allotment status.

5. Reach Out for Help if Needed: If the status shown is different from the shares actually credited, contact your DP’s customer service for help resolving the issue.

Forcas Studio IPO Timelines:

Forcas Studio IPO Subscription Status

By 21st August 2024, at the close of Day 3, the Forcas Studio IPO had been subscribed 416.99 times. The public issue had been subscribed 415.82 times in the retail category, 205.39 times in the QIB category, and 701.85 times in the NII category.

Subscription Day 1
Total Subscription: 36.51 times
QIBs: 0.00 times
Retail Investors: 60.85 times
Non-Institutional Investors (NII): 28.42 times

Subscription Day 2
Total Subscription: 104.08 times
QIBs: 5.62 Times
Retail Investors: 164.90 times
Non-Institutional Investors (NII): 93.47 times

Subscription Day 3
Total Subscription: 416.99 times
QIBs: 205.39 times
Retail Investors: 415.82 times
Non-Institutional Investors (NII): 701.85 times

Forcas Studio IPO Details

The Forcas Studio IPO is a book-built issue valued at Rs 37.44 crores. With 46.8 lakh shares, it is a completely new issuance.

Today, August 21, 2024, is the last day to subscribe to the Forcas Studio IPO, which went live on August 19, 2024. The allocation for the Forcas Studio IPO is anticipated to be completed on Thursday, August 22, 2024. On August 26, 2024, a Monday, the Forcas Studio IPO is tentatively scheduled to be listed on the NSE SME.

The pricing range for the Forcas Studio IPO is ₹77 to ₹80 per share. A minimum lot size of 1600 shares is required for an application. Retail investors are required to invest a minimum of ₹128,000. HNI requires a minimum investment of two lots (3,200 shares), or ₹256,000.

Mas Services Limited is the registrar of the Forcas Studio IPO, while Horizon Management Private Limited is the book-running lead manager. Giriraj Stock Broking is the market maker for the Forcas Studio offering.