Quadrant Future Tek Limited
ListedMainboardInformation Technology · NSE / BSE
Quadrant Future Tek Limited, established in September 2015, focuses on creating advanced Train Control and Signaling Systems for the Indian Railways' KAVACH project, ensuring safer and more reliable travel for passengers. The company also runs a state-of-the-art cable manufacturing facility in Basma, Mohali, Punjab, equipped with an Electron Beam Irradiation Centre. This facility specializes in producing and testing high-quality cables and hardware for their Train Control & Signaling Division. Committed to innovation and quality, Quadrant Future Tek follows ISO, IRIS, and TS standards with strict Quality Management Systems. As of October 31, 2024, the company proudly employs 295 people across its manufacturing unit, design center for railway signaling and embedded systems, and corporate offices.
Price Band
₹275 – ₹290
Issue Size
₹290 Cr
Lot Size
50 shares
GMP
₹105
+36.2%
Est. Listing
₹395
at current GMP
Subscribed
186.90x
overall
Open
7 Jan 2025
Close
9 Jan 2025
Allotment
10 Jan 2025
Refund
11 Jan 2025
Demat Credit
12 Jan 2025
Listing
14 Jan 2025
Last updated 12 days ago
Overall Subscription
186.90x
Total Demand
QIB Multiplier
139.77x
Institutions & Funds
NII / HNI
268.61x
High Net-Worth
Retail (RII)
260.41x
Individual Bidders
Category-Wise Subscription Breakup
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| QIB | 3,000,000 | 419,310,850 | 139.77x |
| NIB | 1,500,000 | 402,908,900 | 268.61x |
| HNIs(10L +) | 1,000,000 | 274,252,100 | 274.25x |
| HNIs (2-10L) | 500,000 | 128,656,800 | 257.31x |
| RETAIL | 1,000,000 | 260,412,750 | 260.41x |
| Total | 7,000,000 | 1,485,541,400 | 186.90x |
Application-Wise Breakup
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| RETAIL | 20,000 | 5,208,255 | 260.41x |
| HNIs(10L +) | 1,429 | 391,789 | 274.17x |
| HNIs (2-10L) | 714 | 183,795 | 257.42x |
| Total Applications | 22,143 | 5,783,839 | 261.20x |
Day-Wise Subscription Progress
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
About Quadrant Future Tek Limited Public Issue & Market Profile
Quadrant Future Tek Limited is bringing an initial public offering (IPO) in the Information Technology sector with an aggregate issue size of ₹290 Crores. The shares are offered at a price band of ₹275 to ₹290 per equity share on NSE and BSE. Currently, market analysts recommend evaluating the company's financial valuation, price-to-earnings (P/E) multiple, and peer comparison prior to submitting bids.
Bidding & Quota Instructions:
The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.
Allotment Reconciliation Schedule:
Following the close of bidding on 2025-01-09, the basis of allotment is scheduled to be finalized on 2025-01-10. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Link Intime India Private Limited) or the BSE allotment checking window.
Frequently Asked Questions
What is Quadrant Future Tek Limited IPO GMP today?
The latest Grey Market Premium (GMP) for Quadrant Future Tek Limited IPO is ₹105 per equity share. Based on the upper price band of ₹275 to ₹290 per equity share, the estimated listing price is ₹395 (+36.2% expected listing gain).
What is the expected profit per lot for Quadrant Future Tek Limited IPO?
With a lot size of 50 shares and current GMP of ₹105, the expected profit per application lot is approx ₹5,250 (+36.2% gain). Minimum application cost is approx ₹14,500.
What is the issue size and price band for Quadrant Future Tek Limited IPO?
The Quadrant Future Tek Limited IPO aggregate issue size is ₹290 Crores with an equity price band set at ₹275 to ₹290 per equity share. The retail lot size is 50 shares requiring a minimum capital outlay of approx. ₹14,500.
How can I check Quadrant Future Tek Limited IPO live subscription demand?
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 186.90x (Retail: 260.41x, QIB: 139.77x, NII: 268.61x). You can track live multiples directly on our dedicated subscription page.
Where and when will Quadrant Future Tek Limited IPO allotment status be published?
The basis of allotment will be published on the official registrar portal (Link Intime India Private Limited) and the BSE status verification website on or around 2025-01-10. Investors can verify status using PAN card or application number.
When is the listing date for Quadrant Future Tek Limited IPO?
Quadrant Future Tek Limited shares are scheduled to list on NSE and BSE on 2025-01-14.