August 19, 2024 - August 21, 2024

Forcas Studio IPO Subscription Details

Forcas Studio IPO Subscription Status Live

Forcas Studio IPO subscribed 416.99 times. The public issue subscribed 415.82 times in the retail category, 205.39 times in QIB, and 701.85 times in the NII category by August 21, 2024 (Day 3).

Investor Category	Subscription (times)	Shares Offered	Shares Bid for	Total Amount (Rs Cr.)*
Qualified Institutions	205.39	889,600	18,27,16,800	1,461.73
Non-Institutional Buyers*	701.85	667,200	46,82,72,000	3,746.18
Retail Investors	415.82	1,556,800	64,73,44,000	5,178.75
Employees	[.]	0	0	0
Others	[.]	0	0	0
Total *	416.99	3,113,600	1,29,83,32,800	10,386.66

Total Application : 404,590 (415.82 times)

Disclaimer: *The total amount is calculated based on the final issue price or the price in the upper price range.

* Market Maker portion of 235,200 equity shares not included.

Forcas Studio IPO (Day-wise) Subscription Details (times)

Date	QIB	NII*	Retail	Total
Day 1 August 19, 2024	0.00	28.42	60.85	36.51
Day 2 August 20, 2024	5.62	93.47	164.90	104.08
Day 3 August 21, 2024	205.39	701.85	415.82	416.99

Forcas Studio IPO Shares Offered

Forcas Studio IPO is a public issue of 4,680,000 equity shares. The issue offers 1,556,800 shares to retail investors, 889,600 shares to qualified institutional buyers, and 667,200 shares to non-institutional investors.

Category	Shares Offered	Amount (Rs Cr)	Size (%)
Anchor Investor	1,331,200	10.65	28.44%
Market Maker	235,200	1.88	5.03%
QIB	889,600	7.12	19.01%
NII*	667,200	5.34	14.26%
Retail	1,556,800	12.45	33.26%
Total	4,680,000	37.44	100%

Forcas Studio IPO Anchor Investor Allocation

A total of 13,31,200 shares at a price of Rs 80 per share will be allotted to the anchor investors.

S.No.	Name of Anchor Investor	No. of Shares Allocated	Bid Price Per Share (Rs.)	Anchor Investor Portion (%)	Total Amount Allocated (Rs.)
1	Saint Capital Fund	3,76,000	80	28.25	3,00,80,000
2	Vikasa India EIF (Incube Global Opportunities)	2,64,000	80	19.83	2,11,20,000
3	Astrone capital VCC	1,28,000	80	9.62	1,02,40,000
4	Visionary Value Fund	1,28,000	80	9.62	1,02,40,000
5	Moneywise Financial Services Pvt. Ltd.	1,28,000	80	9.62	1,02,40,000
6	Holani Venture Capital Fund	1,28,000	80	9.62	1,02,40,000
7	Lotus Value Fund	1,79,200	80	13.46	1,43,36,000
		13,31,200		100	10,64,96,000

IPO Investor Categories

Qualified Institutional Buyers (QIB)
Financial Institutions, Banks, FIIs, and Mutual Funds registered with SEBI are called QIBs. In most cases, QIBs represent small investors who invest through mutual funds, ULIP schemes of insurance companies, and pension schemes.
Non-Institutional Investors(NII)
Retail Individual Investors (HNI), NRIs, Companies, Trusts, etc who bid for shares worth more than Rs 2 lakhs are known as Non-institutional bidders (NII). Unlike QIB bidders, they do not need SEBI registration.
NII category has two subcategories:
1. sNII (bids below Rs 10L)
  The Small NII category is for NII investors who bid for shares between Rs 2 lakhs to Rs 10 lakhs. The 1/3 of NII category shares are reserved for the Small NII sub-category. This subcategory is also known as Small HNI (sHNI).
2. bNII (bids above Rs 10L)
  The Big NII category is for NII investors who bid for shares worth more than Rs 10 Lakhs. The 2/3 of NII category shares are reserved for the Big NII subcategory. This subcategory is also known as Big HNI (bHNI).
Retail Individual Investors(RII)
The retail individual investor or NRIs who apply up to Rs 2 lakhs in an IPO are considered as RII reserved category.
Employee (EMP)
A category of eligible employees who have a reserved quota in the IPO.
Others
A category of eligible shareholders or other investors who have a reserved quota in the IPO.

What is the difference between RII, NII, QIB and Anchor Investor?

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Forcas Studio IPO Subscription FAQs

The Forcas Studio IPO is subscribed 416.99 by August 21, 2024.