The Quality Power IPO has generated significant interest, closing with an 83% subscription on its final bidding day. Meanwhile, Hexaware Technologies’ IPO allotment is set to be finalized today, February 18, 2025, with investors eagerly awaiting their share allocations. In this article, we’ll break down the latest updates on both IPOs, including subscription status, allotment details, grey market premium (GMP) trends, and listing dates.
IPO GMP ALERT
| Aspect | Quality Power IPO | Hexaware Technologies IPO |
|---|---|---|
| Issue Price | ₹425 | ₹708 |
| Subscription Status | 83% (Retail: 1.07x, NII: 1.10x, QIB: 0.62x) | Awaiting Listing |
| Grey Market Premium (GMP) | ₹0 (Flat) | ₹1 (Expected listing at ₹709) |
| Allotment Date | February 19, 2025 | February 18, 2025 |
| Demat Credit Date | February 20, 2025 | February 19, 2025 |
| Listing Date | February 21, 2025 | February 19, 2025 |
Check Your IPO Allotment Status Here
- Quality Power IPO has seen moderate retail interest but lacks institutional backing, leading to a flat GMP.
- Hexaware Technologies IPO is listing soon with a marginal ₹1 GMP.
Final Thought: If you are looking for short-term gains, the low GMP might be a concern. However, for long-term investors, the focus should be on company fundamentals and future growth potential.
Stay updated on the latest IPO trends and market movements. Always invest wisely and diversify your portfolio!
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IPO GMP ALERT Quality Power IPO: Subscription & GMP Trends
Subscription Status & Market Response
Quality Power’s IPO, launched earlier this month, saw an overall subscription of 83% by the final bidding day. Here’s a breakdown:
- Retail Investors: 1.07x subscription, meaning strong participation from individual investors.
- Non-Institutional Investors (NIIs): Subscribed 1.10x, indicating moderate demand.
- Qualified Institutional Buyers (QIBs): Subscribed only 0.62x, showing a lukewarm response from institutional players.
A lower QIB subscription often indicates caution from big investors, which may impact the stock’s long-term demand.
Grey Market Premium (GMP) Analysis
The Grey Market Premium (GMP) serves as an indicator of how much a stock might list above its issue price. Currently, Quality Power IPO’s GMP is ₹0, meaning that investors should expect the stock to list close to ₹425 (its issue price).
Why is GMP Flat?
- The lack of premium suggests that market demand is neutral.
- Retail and institutional investors haven’t shown overwhelming confidence in the stock.
- Broader market sentiment and sector performance may be influencing expectations.
Allotment & Listing Timeline
Investors awaiting their allotment results should mark the following dates:
- Allotment Finalization: February 19, 2025
- Shares Credited to Demat Accounts: February 20, 2025
- Listing Date: February 21, 2025
Tip: If you don’t receive allotment, the refund process usually begins within 2-3 working days.
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Hexaware Technologies IPO GMP ALERT: Allotment & Expected Listing Price
IPO Allotment & Subscription
The allotment for Hexaware Technologies’ IPO is being finalized today, February 18, 2025. Investors can check their allotment status via BSE, NSE, or the registrar Kfin Technologies.
Check Allotment Status Online
Grey Market Premium & Expected Listing Price
The Hexaware Technologies IPO is currently commanding a minimal GMP of ₹1. This suggests that the stock may list around ₹709, just slightly above its issue price of ₹708.
Key Takeaways:
- A low GMP indicates neutral sentiment among investors.
- Investors should not rely solely on GMP but also assess fundamentals and long-term potential.
Important Dates for Investors
- Allotment Date: February 18, 2025
- Demat Credit Date: February 19, 2025
- Listing Date: February 19, 2025
If you have been allotted shares, they will reflect in your Demat account by February 19.
How to Check IPO GMP ALERT Allotment Status?
Follow these simple steps to check if you have received shares in the IPO:
Method 1: Check via BSE
- Visit the BSE IPO Allotment Page.
- Select Equity in the issue type.
- Choose Quality Power or Hexaware Technologies from the dropdown.
- Enter your application number or PAN.
- Click on Submit to check your status.
Method 2: Check via Registrar (Kfintech)
- Visit Kfintech’s Website.
- Select IPO Allotment Status.
- Enter your PAN or application number.
- Click Search to see your allotment details.
If you don’t get an allotment, the refund will be processed within 2-3 days.
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IPO GMP ALERT (FAQs)
What is the listing date for Quality Power and Hexaware Technologies IPOs?
Quality Power IPO Listing Date: February 21, 2025
Hexaware Technologies IPO Listing Date: February 19, 2025
What does a ₹0 GMP for Quality Power IPO mean?
A zero GMP means that the stock is expected to list at its issue price of ₹425 without any premium or discount.
How can I check if I got IPO shares?
You can check via:
Kfintech Registrar Website (Kfin Technologies)
What if I don’t get an allotment?
If you don’t receive an allotment, your application money will be refunded within 2-3 days.
Is GMP a reliable indicator of listing gains?
GMP provides an estimate of demand, but it is not a guaranteed predictor of listing price. Investors should focus on fundamentals, sector growth, and long-term outlook before investing.
