The Picture Post Studios IPO allotment status can be checked on the website of the registrar, Bigshare Services Pvt Ltd. Here’s how you can check your allotment status:

1. Visit the Bigshare IPO allotment status page at https://www.bigshareonline.com/
2. Look for the ‘IPO Allotment Status’ section on the homepage
3. Enter your PAN (Permanent Account Number), Application Number, or Demat Account Number
4. Click on ‘Submit’

Your Picture Post Studios IPO allotment status will be displayed on the page. If you have been allotted shares, the details will include the number of shares allotted and the amount blocked in your bank account for the allotted shares.

Check Picture Post Studios IPO Allotment Status on Direct Link

Direct Allotment Status Check Link

The Picture Post Studios IPO opened for subscription on August 2, 2024 and closed on August 6, 2024. The basis of allotment was finalized on August 7, 2024. The shares are expected to be credited to successful applicants’ demat accounts on August 8, 2024, and the company’s shares are likely to list on the NSE SME exchange on August 9, 2024.

Some key details about the Picture Post Studios IPO:

• Price Band: ₹102 to ₹108 per share
• Fresh Issue Size: 68,36,400 shares aggregating up to ₹73.83 crore
• Minimum Bid Lot: 1,200 shares
• Retail Investor Allocation: 35%

You can also check the Picture Post Studios IPO allotment status on the NSE SME website by entering your application number and PAN.

Factors Affecting Picture Post Studios IPO Allotment

The allotment of shares in the Picture Post Studios IPO depends on several factors:

1. Oversubscription: If the IPO is oversubscribed, meaning the number of shares applied for exceeds the available shares, the allotment will be proportional. The more you apply for, the higher your chances of getting allotted.
2. Allotment Method: Picture Post Studios has followed a proportionate allotment method, where eligible applicants receive a minimum of the market lot and the remaining shares are allotted on a proportionate basis.
3. Retail vs. Institutional Investors: Allotment may differ for retail and institutional investors. Retail investors typically get a smaller allocation compared to institutional investors.

Tips for Successful Picture Post Studios IPO Allotment

Here are some tips to increase your chances of getting allotted shares in the Picture Post Studios IPO:

1. Apply within the stipulated time frame: Ensure that you submit your application before the IPO closes for subscription.
2. Diversify your applications: Consider applying for multiple IPOs to diversify your chances of getting allotted shares.
3. Understand the company: Research Picture Post Studios thoroughly to make an informed decision about investing in the IPO.
4. Keep your documentation handy: Maintain records of your application details for easy reference while checking the allotment status.

Checking your Picture Post Studios IPO allotment status is a straightforward process. By visiting the Bigshare or NSE SME website, entering your PAN, application number, or demat account number, and clicking submit, you can easily access your allotment details. Remember to keep track of the key dates and understand the factors affecting allotment to make informed decisions about your investment.