
Technology · NSE
Quadpro provides end-to-end technology solutions for the banking, insurance, and telecom industries through its specialized offerings for each sector. The company delivers services such as cheque truncation, document management, cash management, and cheque processing, supported by tie-ups with leading hardware and software providers for desktops, servers, and scanners. Headquartered in Bangalore, Quadpro focuses on delivering complete and reliable solutions tailored to the needs of its clients.
Price Band
₹20
Issue Size
₹14.00 Cr
Lot Size
6000 shares
GMP
Est. Listing
₹20
at current GMP
Subscribed
—
Open
20 Sep 2021
Close
22 Sep 2021
Allotment
27 Sep 2021
Refund
28 Sep 2021
Demat Credit
29 Sep 2021
Listing
30 Sep 2021
Designated Registrar: Kfin Technologies Limited
Allotment Date
27 Sep 2021
Basis finalization
Refunds Initiate
28 Sep 2021
Mandate release
Demat Credit
29 Sep 2021
Shares in demat
Listing Debut
30 Sep 2021
Trading begins
Quadpro ITeS Limited is bringing an initial public offering (IPO) in the Technology sector with an aggregate issue size of ₹14 Crores. The shares are offered at a price band of ₹20 to ₹20 per equity share on NSE. Currently, traders and retail applicants are calculating expected listing gains and break-even points based on unofficial grey market quotations.
Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 6000 shares (approx. ₹1,20,000 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.
Allotment reconciliation will be managed by Kfin Technologies Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2021-09-29, while un-allotted funds or UPI block mandates will be released on 2021-09-28.
Allotment records are updated in batches. If the status is not yet available, please wait a few hours until the basis of allotment is fully finalized.
Since funds are blocked under ASBA/UPI, the bank will automatically release the blocked hold on your funds upon receipt of revocation instructions from the sponsor bank.