The Quadrant Future Tek IPO Allotment Status is now available. Investors can check their allotment status, which was finalized on January 10, 2025 (Friday). The IPO subscription closed on January 9, 2025 (Thursday), with a remarkable overall subscription rate of 195.95 times. After the subscription period concluded, the IPO’s Grey Market Premium (GMP) surged to approximately ₹200. Investors who participated in the IPO can check their allotment status via the official websites of Link Intime India Private Limited, as well as the BSE and NSE platforms.
Quadrant Future Tek IPO Subscription Status
The Quadrant Future Tek IPO saw significant interest across various categories. Qualified Institutional Buyers (QIBs) bid for 41,93,10,850 shares, with a subscription of 132.54 times. Non-Institutional Investors (NIIs) bid for 40,29,08,900 shares, subscribing 254.71 times, while Retail Individual Investors (RIIs) subscribed 246.94 times with 26,04,12,750 shares.
The total number of shares offered was 57,99,999, and the overall subscription reached 186.66 times. The demand was especially strong in the NII and RII categories, with substantial bids placed for amounts exceeding ₹10 lakh and ₹2 lakh.
Check Quadrant Future Tek IPO Allotment Links
Linkintime: | Linkintime IPO Allotment Page |
BSE: | BSE IPO Allotment Page |
Equity Market Insights | IPO Allotment Status Page |
Step 1: How to Check Quadrant Future Tek IPO Allotment Status on Link Intime
- Visit the Link Intime IPO Allotment Page: Linkintime.com.
- From the drop-down menu, select Quadrant Future Tek.
- Choose your search option: PAN Number, Application Number, or DP ID.
- Enter the relevant details (PAN, Application Number, or Demat Account Number).
- Click the Search button.
- Your IPO allotment status will be displayed on the screen (both on mobile and desktop).
Step 2: How to Check Quadrant Future Tek IPO Allotment Status on BSE
- Visit the BSE IPO Allotment Page: BSEIndia.com.
- Select Quadrant Future Tek from the drop-down menu.
- Choose your search option: PAN Number, Application Number, or DP ID.
- Enter the required details (PAN, Application Number, or Demat Account Number).
- Click the Search button.
- Your IPO allotment status will appear on the screen.
Step 3: How to Check Quadrant Future Tek IPO Allotment in Your Demat Account
- Contact your broker or log in to your Demat Account/Trading Account.
- Check whether the Quadrant Future Tek shares are credited to your account.
- If you have received the allotment, the shares will appear in your Demat account.
Step 4: How to Check Quadrant Future Tek IPO Allotment in Your Bank Account
- Log in to the bank account from which you applied for the IPO.
- Go to the Balance Tab.
- If you’ve been allotted shares, the amount will be debited from your account.
- If you haven’t received the allotment, the amount will be released back into your account.
- If you’ve received the allotment, you will receive an SMS from your bank, confirming the debit, e.g.,
“Dear Customer, Bank Name Account 00001 is debited with INR 00000.00 on [Date]. Info: IPOName. The Available Balance is INR 000000.”
Quadrant Future Tek IPO Dates
IPO Open Date: | January 7, 2025 |
IPO Close Date: | January 9, 2025 |
Basis of Allotment: | January 10, 2025 |
Refunds: | January 13, 2025 |
Credit to Demat Account: | January 13, 2025 |
IPO Listing Date: | January 14, 2025 |
About Quadrant Future Tek Company
Quadrant Future Tek Limited, founded in 2015, specializes in specialty cables and advanced train control systems for industries such as railways, defense, aerospace, and electric vehicles. Known for fire-resistant, lightweight cables, the company contributes to rail safety with its Kavach automatic train protection system. It has an exclusive MOU with RailTel Corporation, providing long-term working capital and expertise in railway signaling.
However, the company faces challenges such as promoter disputes, reliance on a single facility in Mohali, dependency on Indian Railways policies, substantial working capital needs, and revenue uncertainty due to a lack of long-term contracts.
Quadrant Future Tek IPO FAQs
How to check Quadrant Future Tek IPO allotment on Link Intime?
Visit the Link Intime IPO Allotment Page, select ‘Quadrant Future Tek’, choose your search option (PAN, Application Number, or DP ID), and click Search.
When will the Quadrant Future Tek IPO allotment status be available?
The IPO allotment status will be available on January 10, 2025, after the basis of allotment is finalized.
When did the Quadrant Future Tek IPO subscription close?
The Quadrant Future Tek IPO subscription closed on January 9, 2025.
What is the date for Quadrant Future Tek IPO listing?
The expected listing date for Quadrant Future Tek IPO is January 15, 2025.
When can I check my Quadrant Future Tek IPO allotment status?
You can check your allotment status starting from January 10, 2025, on platforms like Link Intime, BSE, or your Demat/Bank account.