Subscription Status · Jan 07 – Jan 09, 2025 · ₹275–290
The Quadrant Future Tek IPO subscription has recorded exceptional investor demand with an overall subscription of 186.66× as of Jan 09, 2025, indicating that investors applied for 186.66 times the number of shares on offer. All investor categories (institutional, HNI, and retail) have participated actively, making this one of the closely watched IPO openings.
Last updated: Jan 09, 2025, 11:45 AM IST
| Category | Shares Offered | Shares Bid For | Times Subscribed |
|---|---|---|---|
|
QIB
Qualified Institutional Buyers
|
3,163,636 | 419,310,850 |
132.54×
|
|
NII
Non-Institutional Investors
|
1,581,818 | 402,908,900 |
254.71×
|
|
bNII
Bids above ₹10L
|
1,054,546 | 274,252,100 |
260.07×
|
|
sNII
Bids below ₹10L
|
527,272 | 128,656,800 |
244.00×
|
|
Retail
Retail Individual Investors
|
1,054,545 | 260,412,750 |
246.94×
|
|
Total
|
5,799,999 | 1,082,632,500 |
186.66×
|
Snapshot of each day's bidding activity
| Category | Offered | Bid For | Times |
|---|---|---|---|
| QIB | 3,163,636 | 419,310,850 | 132.54× |
| NII | 1,581,818 | 402,908,900 | 254.71× |
| bNII | 1,054,546 | 274,252,100 | 260.07× |
| sNII | 527,272 | 128,656,800 | 244.00× |
| Retail | 1,054,545 | 260,412,750 | 246.94× |
| Total | 5,799,999 | 1,082,632,500 | 186.66× |
As of January 09, 2025, the Quadrant Future Tek IPO has been subscribed 186.66 times overall. The IPO is fully subscribed with strong investor demand indicating extremely high interest.
The Quadrant Future Tek IPO subscription window was open from January 07, 2025 to January 09, 2025. Investors could apply through their demat account or ASBA facility.
The Quadrant Future Tek IPO has a price band of ₹275 to ₹290 per share, with a lot size of 50 shares. Minimum retail investment: ₹13,750 (lower band) or ₹14,500 (upper band).
The QIB category has been subscribed 132.54 times. QIBs were offered 3,163,636 shares. Strong QIB subscription indicates high institutional confidence.
Retail investors subscribed 246.94 times. Retail was offered 1,054,545 shares. High retail subscription reflects strong small-investor interest.
Overall NII: 254.71×. bNII (>₹10L): 260.07×, sNII (<₹10L): 244.00×. NII includes HNIs and corporate entities investing above ₹2 lakh.
Basis of allotment is on January 10, 2025. Check via the registrar's website, MUFG Intime India Pvt.Ltd using your PAN number, application number, or DP/Client ID. You can also check on BSE/NSE websites or through your broker's app.
Quadrant Future Tek IPO is expected to list on January 14, 2025. Shares will list on NSE,BSE. Allotted shares are credited to your demat account 1 business day before listing.
A subscription multiple of 186.66× means investors have bid for 186.66 times the total shares available. Since the IPO is oversubscribed, not every applicant will receive shares, allotment happens via lottery (for retail) or proportionately (for other categories). Higher multiples generally reduce allotment probability.
Based on the current retail subscription of 246.94×, the estimated allotment probability for retail investors is Very Low. Only 1 lot likely via lottery if selected. Retail allotment in oversubscribed IPOs is done by computerised lottery, each valid application has an equal probability regardless of the number of lots applied for.
You can apply for Quadrant Future Tek IPO through: (1) ASBA (Application Supported by Blocked Amount) via your bank's net banking or mobile app, (2) UPI-based application through your broker's app (Zerodha, Groww, Angel One, etc.), or (3) directly via your demat account. The amount is blocked in your account and deducted only upon allotment. Applications were accepted from Jan 07 to Jan 09, 2025.
The grey market premium (GMP) reflects unofficial pre-listing trading sentiment. For the latest Quadrant Future Tek IPO GMP data, check the IPORise GMP page. Note: GMP is unofficial, speculative, and not a guaranteed indicator of listing price. Use it only as a sentiment signal alongside official subscription data.
New to reading subscription numbers? Read our guide on IPO subscription explained.
Subscription Opens Done
Jan 07, 2025Subscription Closes Done
Jan 09, 2025Basis of Allotment Done
Jan 10, 2025Listing on NSE,BSE Done
Jan 14, 2025Only 1 lot likely via lottery if selected. Based on retail subscription of 246.94×.
Retail allotment in oversubscribed IPOs is done by computerised lottery, each valid application has equal odds regardless of lot size applied.
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Higher subscription = lower allotment probability. Progress bars compare each category relative to the highest-subscribed category.