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Quadrant Future Tek IPO: Allotment, GMP, Price Band, and Listing Details

The much-anticipated Quadrant Future Tek IPO has captured the attention of investors as the shares are set to be allotted today, January 10. With a price band between Rs 275 and Rs 290 per share, the IPO has generated significant buzz, thanks to its potential and growing interest. This book-built issue, valued at Rs 290 crores, was open for subscription from January 7 to January 9. The company’s shares are slated for a listing on both the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE), with the tentative listing date scheduled for January 14.

IPO Allotment Status and Key Details

The Quadrant Future Tek IPO consists entirely of a fresh issue of 1 crore equity shares. Sundae Capital Advisors has been appointed as the lead book-running manager, and Link Intime India Private Limited serves as the registrar for the issue. Investors who subscribed to the IPO are eagerly awaiting the finalisation of the allotment, which is expected to happen today, January 10.

Quadrant Future Tek IPO GMP

As of now, the Grey Market Premium (GMP) for the IPO is being closely monitored by market participants, with early reports indicating a strong interest in the company’s shares. The GMP can provide some indication of the stock’s expected listing performance on the BSE and NSE.

How to Check IPO Allotment Status

Investors who have applied for the Quadrant Future Tek IPO can check their allotment status online. There are two primary ways to check the status:

  1. NSE Website: Go to the official website of the National Stock Exchange (NSE) and enter your application number or PAN number to check the allotment status.
  2. Link Intime India Website: Visit the Link Intime India website, the registrar for this IPO, and follow the steps to check your allotment status.

Both methods provide real-time updates and allow you to track your allotment status with ease.

GMP (Grey Market Premium) and Listing Expectations

The GMP of the Quadrant Future Tek IPO is a critical indicator of investor sentiment. The higher the GMP, the greater the possibility of a strong listing gain on the debut day. Investors are keenly watching the GMP to gauge how the stock might perform when it starts trading on the exchanges.

If the GMP continues to remain strong as we approach the listing date, there may be a surge of interest in the stock, potentially leading to a positive listing.

Tentative Listing Date

The listing of Quadrant Future Tek is tentatively scheduled for Tuesday, January 14. Investors and market experts will closely monitor the debut performance, with expectations leaning towards a strong market reception, thanks to the favorable pricing and growing sector interest.

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