Forcas Studio IPO Allotment – 3 Ways To Check Allotment Status

Forcas Studio IPO Allotment – 3 Ways To Check Allotment Status


Forcas Studio IPO allotment status is not available. Allotment status has been made available on August 22, 2024, as per the timeline provided in the IPO’s red herring prospectus (RHP).

Forcas Studio IPO closed with a strong subscription of 417.05 times while HNI subscription stood at MASSIVE 702.18 times. The stock will likely be listed on August 26, 2024, but all eyes are on the allotment. After the finalization of allotment, initiation of refunds is scheduled to occur on August 23, 2024, and shares are expected to be credited to successful investors’ demat accounts by August 23, 2024. Owing to strong positive sentiment in Forcas Studio IPO GMP, the allotment is likely to be difficult with slim chances.

Here are some ways in which you can check Forcas Studio IPO allotment status online.

Read Also: BracePort Logistics IPO Allotment

#1 Registrar Website – Most effective way to check Forcas Studio IPO Allotment Status

Once an IPO is closed for subscription, the ball moves in the court of the issuing registrar. In this case, the registrar is Mas Services so investors can simply head to its website, select Forcas Studio from the dropdown menu, and enter ANY of the following details to check their allotment status:

  • PAN
  • IPO Application Number (CAF Number)
  • Beneficiary ID (NSDL or CDSL Demat Account Number)

It should be noted that registrar websites are flooded on allotment days and might become very slow. As a result, it is worthwhile to keep your options open.

#2 Bank Account Debit/Removal of Lien

If your search hasn’t yielded results so far, you might want to check your bank account. Most banks have robust infrastructure and communicate balance to account holders in several ways including SMS so you might not as well need to log into net banking.

Forcas Studio IPO GMP

If the investor’s application has been successful, it is followed by a debit of the corresponding amount. The debit amount for the Forcas Studio IPO is INR 1,28,000. If the application is unsuccessful, then the bank account will see the effective balance go up by this amount which was marked on hold for the application.

In case of successful allotment, the bank account balance goes down by the corresponding amount. It is important to note that IPO allotment and amount deduction from a bank account are two different events but in some cases, both happen almost concurrently.

#3 Credit of Shares in Demat Account

If everything else has failed, you can check your demat account for credit of shares. However, this approach is the slowest of all the methods. In many cases, shares may be credited on the day of listing as well, effectively taking away all the fun of allotment.

Read Also: Interarch Building Products IPO Allotment

Forcas Studio IPO Allotment FAQs

When is the Forcas Studio IPO allotment expected?

Forcas Studio IPO allotment status will be available on August 22, 2024, as per the timeline provided in the red-herring prospectus (RHP).

When will Forcas Studio IPO get listed?

The Forcas Studio IPO is planned to list the shares on August 26, 2024, at NSE EMERGE.

Where to check Forcas Studio IPO allotment status?

Forcas Studio IPO allotment status is expected on August 22, 2024. Click the green button on the Forcas Studio IPO Allotment status above to check the allotment. Note the button remains disabled until the allotment is available online.

What is the lot size of the Forcas Studio IPO?

Forcas Studio IPO lot size is 1,600 shares.



Source link

Financial News Made Simple

Join Riverwood Capital and get your daily dose of the latest, most important Financial developments.

Leave a Reply

Shopping Cart
Scroll to Top