01-Jan-2025
2 mins read
.jpg)
 1.jpg)
.jpg)
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.
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 is Quadrant Future Tek IPO GMP?
The Quadrant Future Tek IPO GMP has not yet started. The IPO GMP today indicates 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 got oversubscribed then Quadrant Future Tek IPO GMP might rise in the coming days.
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 Subscription?
The IPO subscription is a process by which investors bid for shares of the company during its first public offer. Investors from the different categories like retail, institutional and non-institutional apply for shares within the IPO price-band. The level of subscription is measured in terms of how many times shares offered are applied.
A higher subscription time in a specific category reflects strong investors' interest and high demand. Whereas, low subscription reflects lack of demand and under subscription. The subscription data is updated daily which drives the investors sentiment while applying for any IPO.