New Delhi, Aug. 17 -- Share allotment of the Q&T Foods IPO is expected to be finalised on Monday, 17 August. The initial public offering (IPO) of bakery products manufacturer and seller concluded with an overall subscription of 1.42 times on Friday, 14 August.

After a strong subscription, investors who bet on the issue await the share allotment, which is expected to be finalised today, i.e., Monday, 17 August.

Successful bidders can expect the shares to be credited to their demat accounts on Tuesday, 18 August, while those who do not receive an allotment will get refunds on the same day. The stock will list on the BSE SME on Wednesday, 19 August.

Q&T Foods IPO was a fresh issue of 22,82,400 shares of Rs.26.25 crore at the issue price o...