Forcas Studio IPO Allotment Finalized Today: Here’s How to Check Your Status and Latest GMP Updates

Today (Thursday, August 22), the share allotment for the Forcas Studio IPO is being finalized. Investors who applied can check if they’ve received shares by visiting the website of Mas Services Limited, the IPO’s registrar. The Forcas Studio IPO was heavily subscribed, with a subscription rate of 416.99 times by the third day. The bidding for this IPO began on Monday, August 19, and ended on Wednesday, August 21.

The allotment process shows if you’ve been assigned shares and how many. If you didn’t receive any shares, the company will start refunding your money today as scheduled. For those who did get shares, they will be credited to your demat accounts by Friday, August 23.

The Forcas Studio shares are expected to be listed on the NSE SME platform on Monday, August 26.

To check your IPO allotment status:

1. Visit the Allotment Status Page: Go to this link.
2. Choose Your Search Method: You can check by either your Application Number or your DP ID and Client ID.
   
   • If searching by Application Number:
     • Click “Search on Application No.”
     • Enter your Application Number and the six-digit Captcha code.
     • Click “Submit” to see your allotment status.
   • If searching by DP ID and Client ID:
     • Click “Search on DP-id/Client id.”
     • Enter your Client ID, DP ID, and the Captcha code.
     • Click “Submit” to view your status.

As of today, the grey market price (GMP) for Forcas Studio IPO is ₹86, which means the shares are trading at a premium. The expected listing price is ₹166 per share, a 107.5% increase over the IPO price of ₹80. The GMP has been strong, ranging from ₹50 to ₹86 over the last 11 sessions, suggesting a positive listing.