Disclaimer
The stock market is subject to significant volatility and inherent risks. Investing in stocks involves potential losses and is not guaranteed to generate profits. Prices of stocks can fluctuate unpredictably. We do not give you any buy/sell tips. This article is for Educational purposes only.
The IPO opens for subscription on January 7, 2025, and closes on January 9, 2025. The allotment is expected to be finalized by Friday, January 10, 2025. The IPO will be listed on both BSE and NSE, with the tentative date set for Tuesday, January 14, 2025.
The price band for the Quadrant Future Tek IPO is ₹275 to ₹290 per share. The minimum lot size for retail investors is 50 shares, requiring an investment of ₹14,500. For sNII, the minimum lot size is 14 lots (700 shares), requiring an investment of ₹2,03,000, and for bNII, it is 69 lots (3,450 shares), amounting to ₹10,00,500.
The Quadrant Future Tek IPO is a book-built issue, with a total offering size of ₹290.00 crores. This IPO consists entirely of a fresh issue of 1.00 crore shares.
The Quadrant Future Tek IPO will open for subscription on January 7, 2025, and close on January 9, 2025. The allotment process for this IPO is expected to be completed by Friday, January 10, 2025. The shares will be listed on BSE and NSE, with a tentative listing date set for Tuesday, January 14, 2025.
The price band for the Quadrant Future Tek IPO is ₹275 to ₹290 per share. Retail investors can apply with a minimum lot size of 50 shares, requiring an investment of ₹14,500. For sNII investors, the minimum lot size is 14 lots (700 shares), amounting to ₹2,03,000, while for bNII investors, it is 69 lots (3,450 shares), totaling ₹10,00,500.
| PO Date | January 7, 2025 to January 9, 2025 |
| Listing Date | [.] |
| Face Value | ₹10 per share |
| Price Band | ₹275 to ₹290 per share |
| Lot Size | 50 Shares |
| Total Issue Size | 1,00,00,000 shares (aggregating up to ₹290.00 Cr) |
| Fresh Issue | 1,00,00,000 shares (aggregating up to ₹ 290.00 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | BSE, NSE |
| Share Holding Pre-Issue | 3,00,00,000 shares |
| Share Holding Post Issue | 4,00,00,000 shares |
| IPO Open Date | Tuesday, January 7, 2025 |
| IPO Close Date | Thursday, January 9, 2025 |
| Basis of Allotment | Friday, January 10, 2025 |
| Initiation of Refunds | Monday, January 13, 2025 |
| Credit of Shares to Demat | Monday, January 13, 2025 |
| Listing Date | Tuesday, January 14, 2025 |
| Cut-off time for UPI mandate confirmation | 5 PM on January 9, 2025 |
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 50 | ₹14,500 |
| Retail (Max) | 13 | 650 | ₹1,88,500 |
| S-HNI (Min) | 14 | 700 | ₹2,03,000 |
| S-HNI (Max) | 68 | 3,400 | ₹9,86,000 |
| B-HNI (Min) | 69 | 3,450 | ₹10,00,500 |
| Investor Category | Shares Offered |
|---|---|
| QIB Shares Offered | Not less than 75% of the Net Issue |
| Retail Shares Offered | Not more than 10% of the Net Issue |
| NII (HNI) Shares Offered | Not more than 15% of the Net Issue |
| Period Ended | 30 Sep 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
| Assets | 149.66 | 142.82 | 118.82 | 112.77 |
| Revenue | 65.14 | 151.82 | 152.95 | 104.29 |
| Profit After Tax | -12.11 | 14.71 | 13.9 | 1.94 |
| Net Worth | 34.18 | 44.11 | 29.42 | 15.61 |
| Reserves and Surplus | 4.18 | 34.11 | 19.42 | 5.61 |
| Total Borrowing | 98.01 | 81.61 | 74 | 80.68 |
Maximizing Opportunities with Quadrant Future Tek Limited IPO
the Quadrant Future Tek Limited IPO presents an attractive investment opportunity with a fresh issue of 1 crore shares valued at ₹290.00 crores. With a price band ranging from ₹275 to ₹290 per share, the IPO offers an accessible entry point for retail investors and institutional buyers. The IPO's subscription period from January 7 to January 9, 2025, followed by a tentative listing on January 14, 2025, offers investors a chance to participate in the growth potential of this promising company. However, as with any investment, potential investors must evaluate the company's financial health, market prospects, and risks before making any decisions.
