Quadrant Future Tek IPO shares will be allotted to investors who applied for it on January 10. The issue was closed on January 09 and was subscribed to a total of 196 times. The retail portion was booked to a total of 256.46 times. The NIIs ruled the subscription with 268.03 times. The QIBs booked the issue 140 times.
Here’s how you can check allotment status online on NSE and Link Intime India Quadrant Future Tek IPO allotment on NSE
- Open the website of NSE on the below link.
(https://www.nseindia.com/products/dynaContent/equities/ipos/ipo_login.jsp)
- Register yourself with NSE by filling up general details like name, address, PAN no., phone no., etc.
- Log in using the same credentials to the portal. After that select the Quadrant Future Tek symbol and enter your application number.
- Click on ‘Get Data’. A screen will pop up with the result.
Quadrant Future Tek IPO allotment on Link Intime
- Go to the website of the registrar of the issue. Link Intime India worked as the registrar. Investors can check other IPO status as well over there.
- Click on the public issue section on the left side of the webpage. After that, a new tab will open which will ask you to fill in details.
- In that new tab or screen enter details like the company’s name and PAN number/ application number/ client ID/ account number.
- Hit the submit button
Quadrant Future Tek IPO GMP
The shares of Quadrant Future Tek were fetching a premium of 62% in the grey market, indicating a listing around a price of Rs 470. Market participants track GMP it has now become one of the talking points for the selection of an IPO. The GMP is an unofficial place where shares of a company change hands illegally.
Quadrant Future Tek IPO details
The listing of the shares on the bourses is expected to be on January 13. The IPO price band ranged from Rs 275 to Rs 290 per equity share. The minimum lot size for a retail investor was 50 shares, translating into a minimum investment of Rs 14,500.
Quadrant Future Tek IPO – Risk factors
As per the DRHP,
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