Quadrant Future Tek IPO allotment date in focus. Latest GMP, step-by-step guide to check allotment status online

The allotment of shares under the Quadrant Future Tek IPO comes today, January 10, and investors are eagerly waiting for updates. Applicants can find the Quadrant Future Tek IPO allotment status online at Link Intime India Private Ltd, the registrar of the offer, as well as on the official websites of the BSE and the NSE. The strong grey market trick performed by this IPO, along with the excellent subscription numbers, has attracted a lot of interest.

The overall subscription for the IPO, which was open from January 7 to January 9, was 186.66 times. Retail investors topped with a subscription rate of 246.94 times, while non-institutional investors subscribed 254.71 times. Qualified institutional buyers (QIBs) booked their QIB portion 132.54 times. The Quadrant Future Tek IPO subscription status of the shares highlights the high demand for the company's potential in the market.

The share allotment status check for the Quadrant Future Tek IPO will be done today, and just ahead of it, the grey market premium (GMP) of the shares is ₹190. It suggests a listing price of ₹480 a share, 65.52% above the IPO price of ₹290. Analysts say the premium suggests strong confidence in the market about the company's growth.

If you have applied for the same, the refund process will be initiated on January 13 for shares that are not allotted. Investors who are allocated shares will find them credited to their demat accounts on or before January 13. The Quadrant Future Tek share price will list on January 14, with the shares set to debut on the stock exchanges.

The information regarding the Quadrant Future Tek IPO allotment status can be accessible through Link Intime India's platform by filling in the necessary credentials, including your application number, PAN, and demat account details. Just choose the IPO from the drop-down, select how you want to identify yourself, and enter the requisite details. Investors can also check the allotment status on the BSE and NSE's websites by following similar steps.

The price band for the IPO was ₹290 per share. The QFT list on BSE may be good for investors today on High Quadrant Future Tek IPO GMP. As refunds and share credits are looming, the focus is now on next week's official listing.