Quadrant Future Tek Limited IPO
Quadrant Future Tek Limited was a mainboard IPO in the Cables - Electricals sector, offered at ₹275–₹290 per share to raise ₹290 crore. The issue was subscribed 186.66× overall (QIBs 132.54×, NIIs 254.71×, retail 246.94×). It listed on 14 Jan 2025 at ₹370 and closed its first day at ₹444, a listing gain of +53.1% versus the ₹290 issue price. It now trades around ₹385 (+32.9% versus the issue price).
Frequently asked questions
- How many times was the Quadrant Future Tek Limited IPO subscribed?
- The Quadrant Future Tek Limited IPO was subscribed 186.66× overall — 132.54× in the QIB category, 254.71× among non-institutional investors, 246.94× in retail.
- What were the Quadrant Future Tek Limited IPO listing gains?
- Quadrant Future Tek Limited listed on 14 Jan 2025 at ₹370, closing its first day at ₹444 — a listing gain of +53.1% versus the ₹290 issue price.
- What were the retail allotment odds for the Quadrant Future Tek Limited IPO?
- Retail was subscribed 246.94×, so a single-lot application had roughly a 0.4% chance of allotment (about 1 in 247), and allotment was finalised on 10 Jan 2025.
- What was the price band and lot size of the Quadrant Future Tek Limited IPO?
- The price band was ₹275–₹290 per share, with a minimum lot of 50 shares (₹14,500 at the upper band).
- Who were the registrar and lead manager for the Quadrant Future Tek Limited IPO?
- Link Intime India Private Limited was the registrar, and Sundae Capital Advisors was the book-running lead manager.