Forcas Studio IPO Allotment Finalized, Check on Masserv

Forcas Studio will finalize the IPO allotment status on August 22, 2024. The refund process will begin, and shares will credit to Demat accounts on August 23, 2024. Additionally, the IPO will list on August 26, 2024. Investors can conveniently check their IPO allotment status online via the Masserv website or, alternatively, through their bank account and Demat login for offline verification. For a detailed, step-by-step guide on how to check the Forcas Studio IPO allotment status both online and offline.

Forcas Studio IPO Allotment Details

The Forcas Studio IPO was subscribed 416.97 times overall. Specifically, Qualified Institutional Buyers (QIBs) subscribed 205.39 times, while Non-Institutional Investors (NIIs) subscribed 701.83 times. In addition, Retail Investors subscribed 415.79 times. As a result, the IPO aims to raise approximately ₹37.44 crores. The price band has been set between ₹77 and ₹80 per equity share, and the IPO is set to be listed on the NSE.

Based on the retail subscription, the Forcas Studio IPO expected to allot shares at a ratio of approximately 1:415.

Allotment Links

How to check the Allotment Status on Masserv?

1. First, log on to the Forcas Studio IPO page on Masserv.
2. Next, from the drop-down menu, select the IPO name: ” Forcas Studio ” Then, choose one of the following options: PAN Number, Application Number, or DP ID.
3. After making your selection, enter the relevant details (PAN, Application, or Demat Account Number).
4. Once you’ve filled in the information, click the ‘Search’ button.
5. Finally, your status will appear on your screen, whether you’re using a mobile device or a desktop.

Steps to Check the Allotment Status of Forcas Studio IPO in Your Demat Account

1. First, contact your broker or log in to your Demat or trading account.
2. Next, verify whether the stock has been credited to your account.
3. If you have received the allotment, then the credited shares will appear in your Demat account.

How to check the Forcas Studio IPO Allotment Status in the Bank Account?

1. First, log in to the bank account from which you applied for the Forcas Studio IPO.
2. Next, navigate to the Balance Tab.
3. If you receive an allotment, we will debit the amount from your account.
4. If you do not receive an allotment, we will release the amount back to you.
5. Additionally, if you receive an allotment, you will get an SMS stating: “Dear Customer, we have debited your account with Bank Name (Account Number: 00001) with INR 00000.00 on Date.” Info: IPOName. The available balance is INR 000000.”

Please note: The IPO Registrar manages the allotment and refund process for Forcas Studio. For any questions regarding the allotment date and time, kindly reach out to the registrar directly.

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