Quadrant Future Tek has debuted at Rs 374 on the BSE, up by 84 points or 28.97% from its issue price of Rs 290.
The scrip is currently trading at Rs 373.70, up by 83.70 points or 28.86% from its issue price.
It has touched a high and low of Rs 390.00 and Rs 367.00 respectively. So far 5.10 lakh shares were traded on the counter.
The offering, which was open for subscription between January 7, 2025 and January 14, 2025 was subscribed 195.96 times. The issue price was fixed at Rs 290 per share i.e. at upper end of price band of Rs 275-290 apiece.
Quadrant Future Tek is engaged in the business of manufacturing of speciality cables and design, development & manufacturing of embedded systems for railway signalling & train control applications.
