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News Details

( As on 14/01/2025 11:40)

Quadrant Future Tek Ltd. debuts with 28.96% premium at Rs 374.00

Quadrant Future Tek Ltd. makes a strong debut on the bourses with scrip got listed at Rs 374.00 on the Bombay Stock Exchange, a 28.96 per cent premium to its issue price of Rs 290.00. On the National Stock Exchange, the stock was listed at Rs 370.00.

The company, which raised 1.00 Cr from initial public offering, was subscribed 0 times, receiving bids for 0 lakhs shares against the total issue size of 100.00 lakhs shares.

The company, listed under B Group Securities post its IPO, opened for subscription from Jan 07 to Jan 09.

Following a strong opening, the scrip touched an intraday high of Rs [BSEHighPrice] and a low of Rs [NSEHighPrice], before closing the session [UpDown] by [ChangePer] per cent to its listing price at Rs [ClosingPriceBSE] on the BSE.

The company anticipates using the proceeds of the issue for .

Sundae Capital Advisors Pvt. Ltd. as lead managers & Link Intime India Pvt. Ltd. is the registrar, to the issue.

Meanwhile, the broader benchmark BSE Sensex closed trade at 76,330.01, down 1,048.90 points, or 1.35 per cent.