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Quadrant Future Tek IPO Day 1: Quadrant Future Tek’s shares get subscribed 15.84x times on day 1

News by Aliceblue News Desk

07 Jan 2025

Quadrant Future Tek IPO Day 1: Quadrant Future Tek’s shares get subscribed 15.84x times on day 1

Quadrant Future Tek Limited IPO experienced strong demand on Day 1, with Retail Institutional Investors (RIIs) subscribing 54.72 times, Non-Institutional Investors 21.49 times, and Qualified Institutional Buyers (QIBs) at 0.05 times. The total subscription reached an impressive 15.84 times, highlighting investor confidence.

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Quadrant Future Tek Limited IPO Subscription Status

Quadrant Future Tek Limited IPO received strong demand on Day 1, with Retail Institutional Investors (RIIs) subscribing 54.72 times, Non-Institutional Investors 21.49 times, and a total subscription of 15.84 times, reflecting investor confidence.

How to check Quadrant Future Tek Ltd IPO Subscription Status?

Steps to check Quadrant Future Tek Ltd IPO subscription status on NSE

Following are the steps to check it through the NSE website

  • Visit NSE‘s official website.
  • Navigate to the ‘Market Data’ tab.
  • Choose ‘IPO’.
  • Select the ‘Quadrant Future Tek Ltd IPO’ to check its subscription status.
  • Opt for either NSE Bid details or Consolidated Bid details.
  • Explore the total number of bids received from various investors. 

Quadrant Future Tek Ltd IPO Allotment Status

The allotment date for the Quadrant Future Tek Ltd IPO is set for January 10, 2025, with shares priced from ₹275 to ₹290 per share and a face value of ₹10. The offering consists of lots of 50 shares, with bids accepted for these lots or their multiples.

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Quadrant Future Tek Ltd IPO Listing Date 

Quadrant Future Tek Ltd IPO is expected to be listed on the NSE SME on January 14, 2025.

Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time The securities quoted are exemplary and are not recommendatory.

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