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Quadrant Future Tek IPO Subscription Status

Quadrant Future Tek IPO was subscribed 195.96 times when bidding closed on 9 Jan 2025: QIB 139.77x, NII 268.03x, Retail 256.46x.

The Quadrant Future Tek IPO has been subscribed 195.96x times overall. Retail investors have shown interest with bids for 256.46x the shares available. The Non-Institutional Investor (NII) category has been subscribed 268.03x. Within NII, Big HNI (B-HNI) subscribed 274.25x and Small HNI (S-HNI) subscribed 255.57x. Qualified Institutional Buyers (QIBs) have subscribed 139.77x. Data last updated on 10 Nov, 01:05 AM.

The IPO subscription period has ended. Given the strong demand, the allotment process is expected to be highly competitive. The issue opened on 07 Jan, 2025 and closes on 09 Jan, 2025. The shares are expected to list on stock exchanges on 14 Jan, 2025.

Abhishek Vohera, Founder of IPO Guru Researched & reviewed by Abhishek Vohera, Founder, IPO Guru Last updated Figures sourced from the RHP, BSE & NSE

Live bidding

Shares bid against shares offered, category by category, as published by the exchanges. Summary splits NII into bHNI (above ₹10 lakh) and sHNI (₹2–10 lakh); switch to Detailed for the exchange's own sub-category rows.

Last updated 10 Nov 2026, 01:05 AM
Category Bid details Times
QIB - of - - 139.77x
NII - of - - 268.03x
bHNI — bid amount above ₹10 Lakh
- - 274.25
sHNI — bid amount ₹2–10 Lakh
- - 255.57
Retail - of - - 256.46x
TOTAL - 43,54,289 applications - 195.96x
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Quadrant Future Tek IPO Basis of Allotment

Final Final figures published by the registrar, after technical rejections. Allotment price ₹290.

Applications
43,54,289
Allottees
22,216
Overall odds
1 out of 196
Amount collected
₹31,335 Cr
Category Apps Got Odds
TOTAL 108.05x subscribed 43,54,289 22,216 1 out of 196

Quadrant Future Tek IPO allotment probability

Your odds of an allotment in each category at the current subscription.

Retail (up to ₹2 L)
1 out of 256
~0.4% chance per PAN — based on 256.46x subscription. Winners get exactly 1 lot (₹14,500) by SEBI lottery, however many lots you bid.
Small HNI (₹2–10 L)
1 out of 256
~0.4% chance — based on 255.57x subscription. Lottery allots the minimum S-HNI application of 14 lots (₹2 L) per winner; bidding bigger doesn't improve odds.
Big HNI (above ₹10 L)
1 out of 274
~0.4% chance — based on 274.25x subscription. Lottery allots the minimum NII application of 14 lots (₹2 L) per winner, the same as S-HNI; any shares left over are allotted proportionately.
QIB (institutions)
139.77x
Proportionate allotment — at 139.77x, institutions receive ~0.7% of their bid. No lottery; not open to individual investors. Strong institutional endorsement.

Odds = allotment slots ÷ applications, or the subscription multiple where counts aren't available. Retail and HNI allotment is by lottery; QIB is proportionate. Not investment advice.

Subscription insights

What the current book is saying, read off the category numbers above.

Retail Allotment

High demand detected. The retail category is heavily oversubscribed, making the allotment a lottery where only 1 out of every 257 applicants will be successful.

Institutional Backing

Massive institutional interest with QIBs subscribing 139.77x. This often signals long-term confidence from professional funds.

Day-wise subscription history

End-of-day subscription across the 3-day bidding window. On phones, tap a day for the category split.

Date Total
09 Jan 2025
Day 3
195.96x ▼
QIB139.77x BHNI274.25x SHNI255.57x Retail256.46x
08 Jan 2025
Day 2
48.99x ▼
QIB0.46x BHNI78.26x SHNI105.14x Retail137.21x
07 Jan 2025
Day 1
15.86x ▼
QIB0.05x BHNI17.79x SHNI28.93x Retail54.84x

Quadrant Future Tek IPO dates

From the bidding window to listing. Today is 10 November.

Key dates Listed
  1. Open 07 Jan 2025
  2. Close 09 Jan 2025
  3. Allotment 10 Jan 2025
  4. Refund/credit 13 Jan 2025
  5. Listing 14 Jan 2025

Anchor investor allocation

Shares allotted to anchor investors the working day before the issue opened.

Anchor Investor Amt (₹ cr.) % Allocated
BENGAL FINANCE & INVESTMENT PVT.LTD. ₹17.98 Cr 13.78%
SHINE STAR BUILD-CAP PVT.LTD. ₹17.63 Cr 13.51%
KOTAK MANUFACTURE IN INDIA FUND ₹13.78 Cr 10.56%
THE ARGAN FUND I - SCHEME I ₹10.00 Cr 7.66%
WHITEOAK CAPITAL FLEXI CAP FUND ₹8.41 Cr 6.45%
BANK OF INDIA MANUFACTURING & INFRASTRUCTURE FUND ₹6.87 Cr 5.26%
CAPRI GLOBAL CAPITAL LTD. ₹6.38 Cr 4.89%
CITIGROUP GLOBAL MARKETS MAURITIUS PVT.LTD. ₹5.00 Cr 3.83%
ASHOKA WHITEOAK ICAV-ASHOKA WHITEOAK EMERGING MARKETS EQUITY FUND ₹5.00 Cr 3.83%
SUBHKAM VENTURES (I) PVT.LTD. ₹5.00 Cr 3.83%
PGIM INDIA EQUITY GROWTH OPPORTUNITIES FUND SERIES I ₹5.00 Cr 3.83%
SUNDARAM ALTERNATIVE OPPORTUNITIES FUND - ATLAS ₹5.00 Cr 3.83%
NIVESHAAY HEDGEHOGS FUND ₹5.00 Cr 3.83%
VIJIT GROWTH FUND ₹5.00 Cr 3.83%
LIC MF FOCUSED FUND ₹4.10 Cr 3.14%
WHITEOAK CAPITAL DIGITAL BHARAT FUND ₹3.30 Cr 2.53%
WHITEOAK CAPITAL MULTI CAP FUND ₹2.90 Cr 2.22%
LIC MF BALANCED ADVANTAGE FUND ₹2.16 Cr 1.65%
WHITEOAK CAPITAL ELSS TAX SAVER FUND ₹0.62 Cr 0.47%
LIC MF EQUITY SAVINGS FUND ₹0.50 Cr 0.38%
LIC MF CHILDRENS FUND ₹0.50 Cr 0.38%
BANK OF INDIA MID CAP TAX FUND SERIES 2 ₹0.38 Cr 0.29%
TOTAL ₹130.51 Cr 99.98%
View allotment letter PDF →

What does this subscription data mean?

IPO subscription data tells you how much demand exists for the shares being offered, broken down by investor category. Understanding each category helps you gauge the real sentiment behind the numbers:

  • 01 QIB (Qualified Institutional Buyers) — includes mutual funds, FIIs, insurance companies, and banks. QIBs do deep due diligence before bidding. A QIB subscription above 10x is a strong institutional endorsement. Watch QIB numbers closely on the final day — they often hold back and flood in after 3 PM.
  • 02 NII / HNI (Non-Institutional Investors) — high-net-worth individuals bidding above ₹2 lakh. NII allotment is proportionate (not lottery), so higher NII subscription means smaller per-lot allotment. Big HNI (B-HNI) bids above ₹10 lakh; Small HNI (S-HNI) bids ₹2–10 lakh.
  • 03 Retail — individual investors bidding up to ₹2 lakh. When retail is below 1x, everyone who applied gets full allotment. When oversubscribed, SEBI mandates a computerised lottery — only 1 lot per successful applicant regardless of how many lots you apply for.
  • 04 Overall Subscription — a blended multiple across all categories. A total subscription above 10x is considered strong; above 50x is exceptional and usually predicts strong listing gains.

Data sourced from BSE/NSE. Subscription numbers are updated during bidding hours (10 AM – 5 PM IST) on active subscription days.

Frequently asked

What is the current subscription status of Quadrant Future Tek IPO?

As of IPO close date (09 Jan, 2025), the Quadrant Future Tek IPO is subscribed 195.96x times. Retail category is 256.46x, and NII is 268.03x subscribed.

When is the allotment date for Quadrant Future Tek IPO?

The allotment for Quadrant Future Tek IPO is expected to be finalized on 10 January, 2025.

What is the GMP of Quadrant Future Tek?

The Grey Market Premium (GMP) for Quadrant Future Tek is currently ₹110, indicating a potential listing gain of 38%.

When will Quadrant Future Tek IPO list on the stock market?

Quadrant Future Tek is scheduled to list on BSE and NSE on 14 January, 2025.

What are the chances of getting allotment in Quadrant Future Tek IPO?

The retail category is oversubscribed at 256.46x, meaning allotment is by lottery. Statistically, approximately 1 in 257 applicants will receive allotment. Applying with multiple family member accounts (each at minimum lot size) improves your cumulative odds.

What does QIB subscription of 139.77x mean for Quadrant Future Tek IPO?

Strong — QIBs (mutual funds, FIIs, insurance companies) have subscribed 139.77x, indicating high institutional conviction. Heavy QIB demand is historically one of the strongest predictors of a positive listing.

How to check Quadrant Future Tek IPO allotment status?

After the allotment date (10 Jan, 2025), you can check your Quadrant Future Tek IPO allotment status on IPO Guru's allotment checker, on the BSE/NSE website using your PAN or application number, or through your broker's app.

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Not investment advice. Subscription figures are as published by BSE/NSE and change until bidding closes.

Total
195.96x
QIB
139.77x
NII
268.03x
bHNI
274.25x
sHNI
255.57x
Retail
256.46x
Full IPO details
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