The Quadrant Future Tek IPO allotment status is not available right now. Allotment status will be made available on January 10, 2025, per the timeline provided in the IPO’s red herring prospectus (RHP).
The grey market premium (GMP) for Quadrant Future Tek has surged to approximately INR 200, indicating a potential listing gain of around 69% for investors. This suggests that shares could debut at about INR 490 in the market. Such robust performance reflects positive investor sentiment, following a remarkable subscription rate of 185.8 times during the IPO period, and gets bids of INR 53,882 crores. This trend indicates that investors anticipate an impressive listing of Quadrant Future Tek shares, which are expected to be listed on 14 January 2025. Once the allotment process is finalized and refunds are initiated, shares will likely be credited into successful investors’ demat accounts by 13 January.
Quadrant Future Tek IPO has attracted significant interest from investors, achieving a remarkable subscription rate by the closing day on 9 January 2025. This strong demand highlights the market’s confidence in the company. Breaking down the subscriptions by investor category, Non-Institutional Investors (NIIs) subscribed an impressive 254.16 times, while Retail Individual Investors (RIIs) showed robust demand at 243.03 times. In contrast, Qualified Institutional Buyers (QIBs) subscribed 132.54 times.
Here are a few methods to verify the Quadrant Future Tek IPO allotment status.
Table of Contents – Quadrant Future Tek IPO Allotment Status
#1 Registrar Website – Most effective way to check Quadrant Future Tek IPO allotment status
After an IPO has finished accepting subscriptions, the issue registrar takes over the next steps. The registrar handling this case is Link Intime. Investors can easily visit its website and navigate to Quadrant Future Tek from a list of options provided to check their allotment status by entering any of the details given.
- PAN
- IPO Application Number (CAF Number)
- Beneficiary ID (NSDL or CDSL Demat Account Number)
Registrar websites can get busy during allotment days and may slow down significantly; however, Link Intime seems to have a reliable infrastructure, in place to handle that load better than most others do in such situations. Nevertheless, it is always advisable to explore multiple options.
#2 BSE Website
You can also verify the status of the Quadrant Future Tek IPO allotment by visiting the IPO allotment page on the BSE website. However, investors need to have both the application number and PAN to check using this method. Just choose equity select the IPO enter your application number and PAN to view the status.
The Bombay Stock Exchange (BSE) boasts a website infrastructure that ensures investors encounter minimal issues, like slow loading times or unresponsiveness when using it.
#3 Bank Account Debit/Removal of Lien
If you haven’t found what you’re looking for yet in your search results up to now, it could be worth checking your bank account. Many banks have systems in place and send updates on account balances to customers through various means such, as text messages. So you might not even have to log in to banking.
Suppose the investor’s request has been approved successfully. In that case, their application is accepted for a single lot in the Quadrant Future Tek IPO at INR 14,500 per lot will be debited from their account accordingly. If the application is not successful the amount that was put on hold for the application will reflect as an increase in the bank account balance.
Upon allocation of shares in an IPO, the balance in the bank account decreases by the corresponding sum of money allocated for the shares purchased. It is crucial to understand that the process of IPO allotment and the subsequent deduction of funds, from a bank account are occurrences; however, there are instances where these events occur almost simultaneously.
#4 Credit of Shares in Demat Account
If everything else has failed, you can check your demat account for credit of shares. However, this approach is the slowest of all the methods. In many cases, shares may be credited on the day of listing as well, effectively taking away all the fun of allotment.
Quadrant Future Tek IPO Allotment FAQs
When is the Quadrant Future Tek IPO allotment expected?
Quadrant Future Tek IPO allotment status will be available today, per the timeline provided in the IPO’s red herring prospectus (RHP).
When will the Quadrant Future Tek IPO get listed?
Quadrant Future Tek IPO is planned to list the shares on 14 January 2025, at BSE and NSE.
Where to check Quadrant Future Tek IPO allotment status?
Quadrant Future Tek IPO allotment status is expected today. Click the green button Quadrant Future Tek IPO Allotment status above to check the allotment. Note the button remains disabled until the allotment is available online.
