Quadrant Future Tek IPO Allotment Status Finalised; Shares to Get Listed on Jan 14

Quadrant Future Tek IPO, one of the upcoming IPOs, allotment status was set for Friday, January 10, 2025. You can check the Quadrant Future Tek IPO allotment status on the registrar’s website, Link Intime India Private Ltd, as well as on the NSE and BSE websites.

Successful bidders will have the shares credited to their demat accounts today, January 13, 2025. Refunds for unsuccessful applicants are also expected today itself.

Subscription Status

Quadrant Future Tek IPO was opened from January 7, 2025, to January 9, 2025. As of January 9, 2025, 6:19 PM, the IPO achieved an overall subscription of 195.96 times. The qualified institutional buyers (QIB) category was subscribed 139.77 times, while the non-institutional investor (NII) and retail investor portions saw subscriptions of 268.03 times and 256.46 times, respectively.

Details of the Quadrant Future Tek IPO

Quadrant Future Tek IPO was a book-built issue of ₹290.00 crore. It contains only a fresh issue of 1 crore shares.

The price band for the IPO was set between ₹275 to ₹290 per share. The minimum lot size for an application was 50. The minimum amount of investment required by retail investors was ₹14,500.

Quadrant Future Tek shares are scheduled to be listed on the BSE and NSE platforms on Tuesday, January 14, 2025.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.