What is IPO Grey Market Premium (GMP)?

IPO Grey Market Premium (GMP) is an unofficial, over-the-counter premium over the issue price that dealers and investors pay prior to official listing on NSE/BSE.

How is estimated IPO listing price determined?

Estimated Listing Price = Cut-off / Issue Price + Current Grey Market Premium (GMP). For example, an issue price of ₹100 with ₹40 GMP yields an estimated listing price of ₹140 (+40%).

What is Kostak rate in an IPO?

Kostak rate is the fixed profit earned by selling an IPO application before allotment, irrespective of whether the application is allotted shares or not.

What is Subject to Sauda in IPO trading?

Subject to Sauda is an informal contract where payment is made only if the seller receives share allotment in the IPO.

Is IPO Grey Market Premium (GMP) regulated by SEBI?

No. Grey Market transactions are non-exchange over-the-counter commitments and are not officially regulated or endorsed by SEBI. Investors should treat GMP as an informal sentiment indicator.

When is the Quadrant Future Tek Limited IPO allotment date?

The basis of allotment for Quadrant Future Tek Limited IPO is scheduled to be finalized on 10 Jan 2025.

Where can I check Quadrant Future Tek Limited IPO allotment status?

You can check your allotment status on the official registrar portal (Link Intime India Private Limited) or on the BSE India website using your PAN card number or application number.

When will unallotted IPO application funds be unblocked?

Refund initiation and UPI mandate revocation for unallotted applications starts on or around 11 Jan 2025.

Quadrant Future Tek Limited

ListedMainboard

Information Technology · NSE / BSE

Quadrant Future Tek Limited, established in September 2015, focuses on creating advanced Train Control and Signaling Systems for the Indian Railways' KAVACH project, ensuring safer and more reliable travel for passengers. The company also runs a state-of-the-art cable manufacturing facility in Basma, Mohali, Punjab, equipped with an Electron Beam Irradiation Centre. This facility specializes in producing and testing high-quality cables and hardware for their Train Control & Signaling Division. Committed to innovation and quality, Quadrant Future Tek follows ISO, IRIS, and TS standards with strict Quality Management Systems. As of October 31, 2024, the company proudly employs 295 people across its manufacturing unit, design center for railway signaling and embedded systems, and corporate offices.

Price Band

₹275 – ₹290

Issue Size

₹290 Cr

Lot Size

50 shares

GMP

₹105

+36.2%

Est. Listing

₹395

at current GMP

Subscribed

186.90x

overall

Open

7 Jan 2025

9 Jan 2025

Allotment

10 Jan 2025

Refund

11 Jan 2025

Demat Credit

12 Jan 2025

Listing

14 Jan 2025

Last updated 12 days ago

Overview Live GMP Live Subscription Allotment Status

Official Registrar Verification

Quadrant Future Tek Limited Allotment Status

Designated Registrar: Link Intime India Private Limited

Check Allotment Status Registrar Portal BSE Portal

Allotment Date

10 Jan 2025

Basis finalization

Refunds Initiate

11 Jan 2025

Mandate release

Demat Credit

12 Jan 2025

Shares in demat

Listing Debut

14 Jan 2025

Trading begins

How to Check Quadrant Future Tek Limited IPO Allotment Status

Click the Check on Registrar button above to visit Link Intime India Private Limited's allotment portal.
Select Quadrant Future Tek Limited from the dropdown company list.
Choose your lookup mode: PAN Number, Application Number, or DP Client ID.
Enter your details accurately and solve the Captcha code.
Click Submit / Search to view the number of shares applied and allotted to you.

About Quadrant Future Tek Limited Public Issue & Market Profile

Quadrant Future Tek Limited is bringing an initial public offering (IPO) in the Information Technology sector with an aggregate issue size of ₹290 Crores. The shares are offered at a price band of ₹275 to ₹290 per equity share on NSE and BSE. Currently, market analysts recommend evaluating the company's financial valuation, price-to-earnings (P/E) multiple, and peer comparison prior to submitting bids.

Public Issue & Allotment Procedure:

The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.

Official Allotment Timelines & Registrar Guidance:

Following the close of bidding on 2025-01-09, the basis of allotment is scheduled to be finalized on 2025-01-10. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Link Intime India Private Limited) or the BSE allotment checking window.

Frequently Asked Questions

What if my name is not showing on the registrar portal?

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.

How will I receive the refund if I don't get allotment?

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.