Terms of the offer
Synopsis Quadrant Future Tek IPO GMP Live Update (09 Jan 2025): The Rs 290-crore Quadrant Future Tek IPO has seen an impressive 122.38 times subscription. The IPO has received bids for nearly 28.39 crore equity shares, compared to the offer size of 58 lakh shares, as per the subscription data on the NSE. Quadrant Future Tek IPO GMP : According to stock market observers, shares of the company are available at a premium of ₹181 in the grey market today Quadrant Future Tek GMP Details As of January 8, 2025, Quadrant Future Tek 's IPO is exhibiting a strong Grey Market Premium ( GMP ) of Rs 210 per share. This suggests that the company's shares are trading at a 72.41% premium over the upper IPO price band of Rs 290, indicating a potential listing price of approximately Rs 500 per share. Quadrant Future Tek IPO GMP Zooms: The unlisted shares of Punjab-based railway equipment maker Quadrant Future Tek were commanding a solid premium in the grey markets as the company's initial public offering ( IPO ) is set to open for public subscription today, January 7, 2025.
