Quadrant Future Tek Share Price Highlights: Stock hits 20% upper circuit after listing at 27.5% premium

4 min read | Updated on January 14, 2025, 15:37 IST

SUMMARY

Quadrant Future Tek IPO shares were listed at ₹370 apiece on the National Stock Exchange (NSE) on Tuesday, reflecting a premium of 27.59% over the issue price of ₹290 a unit.

Quadrant is a research-oriented firm involved in developing next-generation train control and signaling systems under the KAVACH project of Indian Railways.

Quadrant Future Tek IPO Listing, Share Price Live Update at 3:37 pm: Quadrant Future Tek shares settled at 20% upper circuit to close at ₹444 apiece on the NSE. The stock listed at a 27.5% premium.

Quadrant Future Tek IPO Listing, Share Price Live Update at 3:00 pm: How will the company use IPO proceeds?

Longterm working capital needs
Capital expenditure
Debt payment
General corporate purposes

Quadrant Future Tek IPO Listing, Share Price Live Update at 1:30 pm: Board of Directors

Satish Gupta, Chairman
Mohit Vohra, Managining Director
Pramod Jain, Independent Director
Girish Buttan, Independent Director
Kanika Bhutani, Independent Director
Amit Dhawan, Whole-Time Director
Amrit Singh Randhawa, Whole-Time Director
Rupinder Singh, Whole-Time Director
Vishesh Abrol, Whole-Time Director
Vivek Abrol, Whole-Time Director
Aikjot Singh, Non-Executive Director
Rajbir Singh Randhawa, Non-Executive Director

Quadrant Future Tek IPO Listing, Share Price Live Update at 12:06 pm: Shares of Quadrant Future Tek hit 20% upper circuit to trade at ₹444 on the NSE.

Quadrant Future Tek IPO Listing, Share Price Live Update at 11:21 am: Trading stats

Traded volume: 145.03 lakh
Traded value: ₹576 crore
Total market cap: ₹1,776

Quadrant Future Tek IPO Listing, Share Price Live Update at 10:52 am: Price information

Current price: ₹408.70 (+10.46%)
Issue price: ₹290
Open: ₹370
High: ₹410
Low: ₹362.10

Quadrant Future Tek IPO Listing, Share Price Live Update at 10:24 am: Shares of Quadrant Future Tek climbed 1.76% to ₹376.50 per unit on the NSE.

Quadrant Future Tek IPO Listing, Share Price Live Update at 10:10 am: After listing at a 27.59% premium on the NSE, Quadrant Future Tek shares climbed 3% to ₹381.25 apiece.

Quadrant Future Tek IPO Listing, Share Price Live Update at 10:01 am: The stock debuted at a 28.97% premium at ₹374 per share on the BSE.

Quadrant Future Tek IPO Listing, Share Price Live Update at 10:00 am: Quadrant Future Tek IPO shares were listed at ₹370 apiece on the National Stock Exchange (NSE) on Tuesday, reflecting a premium of 27.59% over the issue price of ₹290 apiece.

Quadrant Future Tek IPO Listing, Share Price Live Update at 9:48 am: In the pre-open market, Quadrant Future Tek IPO shares trade at ₹370 a unit in the NSE, a premium of 27.59% to the issue price of ₹290.

Quadrant Future Tek IPO Listing, Share Price Live Update at 9:16 am: Financials

Particulars	FY22	FY23	FY24
Revenue	₹104.25 cr	₹152.8 cr	₹151.75 cr
Net Profit	₹1.94 cr	₹13.90 cr	₹14.71 cr

Quadrant Future Tek IPO Listing, Share Price Live Update at 9:04 am: Lot size

The minimum application size was 50 shares, needing an investment of ₹14,500.

Quadrant Future Tek IPO Listing, Share Price Live Update at 8:45 am: Price band

The price range has been fixed at ₹275 to ₹290 per share.

Quadrant Future Tek IPO Listing, Share Price LIVE: Shares of Quadrant Future Tek Ltd will make their stock market debut on Tuesday, January 1. Quadrant Future Tek IPO allotment status was finalised on January 10.

The initial share sale was subscribed 185.82 times, as it got bids for 1,07,77,29,300 shares compared to 57,99,999 shares reserved.

The Quadrant Future Tek IPO, with a price range of ₹275-₹290 per share, was a fresh issuance of ₹290 crore. There was no offer-for-sale component.

Quadrant Future Tek IPO listing date and time

Shares of Quadrant Future Tek will start trading on the NSE and the BSE at 10 am on Tuesday, January 14.

Quadrant is a research-oriented firm involved in developing next-generation train control and signaling systems under the KAVACH project of Indian Railways, which offers the highest level of safety and reliability for rail passengers.

To know more about IPO listing, schedule and upcoming IPOs, click here.

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