The Forcas Studio Initial Public Offering (IPO) has been the talk of the town recently, with investors showing a lot of interest. Now that the IPO bidding process has ended, investors are eager to know if they’ve been allotted shares. The allotment date is today, Thursday, August 22, and you can check your status online.
How to Check Your Forcas Studio IPO Allotment Status
If you applied for the Forcas Studio IPO, you’re probably anxious to know if you’ve been allotted shares. Here’s a simple guide to check your status:
- Visit the Registrar’s Website: The registrar for the Forcas Studio IPO is Mas Services Limited. You need to go to their website to check your allotment status. You can access the allotment checking page directly through this link: https://www.masserv.com/opt.asp.
- Choose Your Search Method: Once on the website, you’ll have two options to check your status:
- Using Application Number: If you choose this method, click on “Search on Application No.” You’ll be directed to a new page where you need to enter your application number, the six-digit captcha code, and then click “Submit.” Your allotment status will be displayed on the screen, showing the number of shares you’ve been allotted.
- Using DP ID and Client ID: If you prefer to use your Demat account details, click on “Search on DP-id/Client id.” On the new page, enter your DP ID, Client ID, and the captcha code, then click “Submit.” The website will show you whether you’ve been allotted shares and how many.
If you’ve been allotted shares, they will be credited to your Demat account by Friday, August 23. If you didn’t receive any shares, the refund process will start today. Make sure to check your bank account to confirm that the refund has been processed.
The shares of Forcas Studio are expected to start trading on the stock exchange on Monday, August 26. Given the high GMP of ₹86, the shares are expected to list at around ₹166 per share, which is 107.5% higher than the IPO price of ₹80.
The high GMP suggests that investors are very optimistic about the company’s future. A strong GMP often leads to a good listing price, meaning that those who were allotted shares could see significant gains. However, it’s essential to remember that the stock market can be unpredictable, and prices can fluctuate.
The Forcas Studio IPO has captured a lot of attention due to its high Grey Market Premium and strong investor interest. Checking your allotment status is a simple process, and for those who have been allotted shares, the next steps are to wait for the shares to be credited to your account and look forward to the company’s listing on the NSE SME on August 26. Keep an eye on the market to see how the shares perform on the first day of trading.
