Markets / IPO / Quadrant Future Tek

Quadrant Future Tek IPO

Updated 17:55

Mainboard IPO on NSE and BSE · Cables - Electricals

Status

Listed

Price band

₹275–290

Lot size

50 shares · ₹14,500

Subscribed

186.66×

How it listed

Issue price

₹290

Listing price (open)

₹370.00 +27.59%

First-day close

₹444.00 +53.10%

Price now

₹421.95 +45.50%

Listing day	14 Jan 2025
Open / high / low / close	₹370.00 / ₹444.00 / ₹362.10 / ₹444.00
Shares traded on NSE	1,46,75,829
Market value at the listing-day close	₹1,776 cr

Closing prices since listing: 26 Oct ₹394.50, 27 Oct ₹409.00, 28 Oct ₹403.80, 29 Oct ₹402.40, 30 Oct ₹385.35, 2 Nov ₹401.00, 3 Nov ₹397.35, 4 Nov ₹425.20, 5 Nov ₹424.70, 6 Nov ₹422.40.

Quadrant Future Tek share price, live chart and technicals →

Key dates

Bidding opens	7 Jan 2025
Bidding closes	9 Jan 2025
Allotment	10 Jan 2025
Refunds and shares in demat	13 Jan 2025
Listing	14 Jan 2025

Issue reservation

Investor group	Shares	% of issue	Most applicants allotted
Anchor investors	45,00,000	43.69%	–
Institutions (QIB)	31,63,636	30.71%	–
HNI / NII	15,81,818	15.36%	–
HNI, above ₹10 lakh	10,54,546	10.24%	305
HNI, ₹2–10 lakh	5,27,272	5.12%	753
Retail	10,54,545	10.24%	21,090

Shares NSE lists as offered to each group, plus the anchor portion. "Most applicants allotted" is how many people can get the minimum application in that group when it is oversubscribed.

Lot size by investor type

Application	Lots	Shares	Amount
Retail (minimum)	1	50	₹14,500
Retail (maximum)	13	650	₹1,88,500
Small HNI (minimum)	14	700	₹2,03,000
Small HNI (maximum)	68	3,400	₹9,86,000
Big HNI (minimum)	69	3,450	₹10,00,500

At ₹290 a share. Retail bids go up to ₹2 lakh, small HNI from ₹2 lakh to ₹10 lakh, big HNI above ₹10 lakh.

Chance of getting shares (retail)

Chance

At least 1 in 247

Retail allotments available

21,090 × one lot

Retail portion subscribed

246.94×

An estimate from the times the retail portion was subscribed, as if every applicant bid for the minimum. Many bid for more lots, so the real chance is usually better. Winners are picked by lottery and each gets the minimum (one lot).

Subscription

Investor category	Shares offered	Shares bid for	Times subscribed
Institutions (QIB)	31,63,636	41,93,10,850	132.54×
HNI / NII	15,81,818	40,29,08,900	254.71×
HNI, above ₹10 lakh	10,54,546	27,42,52,100	260.07×
HNI, ₹2–10 lakh	5,27,272	12,86,56,800	244.00×
Retail	10,54,545	26,04,12,750	246.94×
Total	57,99,999	1,08,26,32,500	186.66×

NSE and BSE bids together, as of 9 Jan 2025 19:00.

Demand at each price

Top price ₹290	8,557.85 lakh shares	78.9%
Cut-off final price, whatever it is; mostly retail	2,273.13 lakh shares	21.0%
Lower prices ₹275–289	9.17 lakh shares	0.1%

Shares bid on NSE and BSE at each price in the band. Most bids at the top price, and little at lower prices, means buyers were keen.

Anchor investors

Anchor bid date	6 Jan 2025
Anchor shares	45,00,000
Raised from anchors	₹130.50 cr
Lock-in ends for the first 50% (30 days)	8 Feb 2025
Lock-in ends for the remaining 50% (90 days)	9 Apr 2025

Anchor investors are large funds that buy the day before the IPO opens. SEBI locks in half their shares for 30 days from the allotment and the rest for 90 days; they can sell from the next trading day. Traders watch these dates because extra selling can come in.

Financials and valuation

	At issue price	Now
Market value	₹1,160 cr	₹1,688 cr
P/E (last 12 months' profit)	–	–

Revenue, last 12 months	₹165 cr
Profit, last 12 months	₹-39 cr
Return on equity	-15.0%
Debt to equity	0.09

From results the company filed with NSE (latest period to 30 Jun 2026). Twelve-month figures need four quarters of results, so they fill in over the first year after listing.

Other recent IPOs: Cables - Electricals

Company	Listed	Subscribed	On listing	Since IPO
Lumino Industries	3 Sept	118.12×	+34.15%	+13.91%
Laser Power & Infra	16 Jul	38.94×	+16.82%	-4.36%
Prime Cable Industries SME	29 Sept	–	-2.41%	+105.78%
Bhadora Industries SME	11 Aug	–	-1.94%	+13.59%

IPO details

Price band	₹275–290
Final issue price	₹290
Lot size	50 shares
Minimum investment	₹14,500 (1 lot)
Market	NSE mainboard
Issue type	100% Book Building
Face value	₹10 per Equity Share
Industry	Cables - Electricals
Issue size	Initial Public of up to ₹2,900 million (including Anchor Allocation 45,00,000 Equity Shares)
ISIN	INE0LRY01011
Registrar	Link Intime India Private Limited Helpline: 91 81 0811 4949, quadrant.ipo@linkintime.co.in
Lead managers	Sundae Capital Advisors Private Limited
Prospectus	Red herring prospectus (NSE)

Check allotment status

Allotment was finalised on 10 Jan 2025. Check it on the registrar's page (Link Intime India Private Limited), NSE or BSE with your PAN or application number.

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From NSE's official IPO data. Expected dates follow SEBI's T+3 timetable; the exchange confirms them. Information only, not investment advice.

What is the Quadrant Future Tek IPO price band and lot size?

The price band is ₹275–290 per share, and one lot is 50 shares (₹14,500 at the upper price).

When is the Quadrant Future Tek IPO allotment date?

Allotment was finalised on 10 Jan 2025, the next working day after bidding closed on 9 Jan 2025.

How many times was the Quadrant Future Tek IPO subscribed?

In total 186.66 times, on NSE and BSE together; retail 246.94 times.

What is the Quadrant Future Tek IPO listing date?

It listed on 14 Jan 2025 on NSE and BSE.

What is the chance of getting Quadrant Future Tek IPO shares?

At least 1 in 247 retail applicants got the minimum lot: 21,090 retail allotments with the retail portion subscribed 246.94 times. Winners are picked by lottery.

When does the Quadrant Future Tek anchor lock-in end?

The 30-day lock-in on half of the anchor investors' shares ends on 8 Feb 2025 and the 90-day lock-in on the rest ends on 9 Apr 2025; they can sell from the next trading day.

What was the Quadrant Future Tek listing gain?

It opened at ₹370.00 against an issue price of ₹290, a gain of 27.59%. It is now up 45.50% from the issue price.