Quadrant Future Tek IPO GMP
The Quadrant Future Tek IPO GMP has not yet started. The IPO GMP today indicates the huge interest of retail investors. You can check the latest IPO Grey Market Premium today online from the first day of subscription. If the subscription is oversubscribed, then Quadrant Future Tek IPO GMP might rise in the coming days.
Quadrant Future Tek IPO GMP Live status will indirectly impact the sentiments of the IPO investors. If the Grey Market Premium is quoting at 10% or above, then the possibility of the oversubscription increases.
However, if the Live IPO GMP quotes is below 10% premium, then most investors tend to lose interest in applying in the IPO and the probability of the under-subscription increases. Here, in Quadrant Future Tek IPO GMP is expected to quote the initial ticks at the 10% or above premium.
Quadrant Future Tek IPO FAQ
1. What are the details of the Quadrant Future Tek IPO?
Quadrant Future Tek IPO is a book-built issue of 290 crore equity shares. This upcoming IPO is an entirely fresh issue and no offer-for-sale component is available.
2. When will the Quadrant Future Tek IPO open and close?
Quadrant Future Tek IPO open date is Tuesday, 7 January 2025 and closing date is Thursday, 9 January 2025. Initiation of refund date is 13 January 2025 and credit of shares will be on 13 January 2025.
3. What are the details of Quadrant Future Tek IPO Subscription Status?
Quadrant Future Tek IPO subscription status will be available after the IPO opens on 7 january 2025. In the QIB category 75% of the net offer is reserved. The remaining 10% is reserved for the retail investors and 15% is for Non-Institutional investors.
4. Write the details of the IPO Allotment Status?
Quadrant Future Tek IPO allotment status will be finalised on friday, January 10, 2025. The listing will be on the BSE and NSE platforms on January 14, 2025. The registrar of this IPO is Link Intime India Private Limited. Investors can check their allotment status after the subscription of the IPO ends.
5. Who is the registrar and lead managers for Quadrant Future Tek IPO?
Quadrant Future Tek IPO registrar is Link Intime India Private Limited. On the date of allotment, Investors can click on the registrar's website and select the name of the company and enter PAN number or application ID to know their allotment status. The lead managers are IIFL Sundai Capital Advisors Limited.
What is an IPO GMP?
IPO GMP, full form is Initial Public Offering Grey Market Premium. It refers to the premium price at which shares of the upcoming IPO are getting traded. IPO GMP gives an idea to the investors of the official IPO listing price.
The grey market is an unregulated platform where traders buy IPO shares based on demand and supply and aim for listing gains. The IPO GMP indicates market sentiments and expectations of the upcoming IPO.
A high IPO GMP indicates strong interest of investors and expectation of positive listing in the stock exchange. Whereas, low IPO GMP indicates lack of interest of the investors. However, IPO GMP is very speculative and doesn’t guarantee actual listing outcomes