Tue Jan 07 16:05:20 UTC 2025: ## Quadrant Future Tech IPO Opens January 7th, Aims to Raise ₹290 Crore

**MUMBAI, INDIA – [Date of Publication]** – Quadrant Future Tech’s initial public offering (IPO) will open on January 7th and close on January 9th, aiming to raise ₹290 crore (approximately $35 million USD) through a fresh issue of 1 crore shares. The IPO price band is set at ₹275-₹290 per share, with a minimum investment of ₹14,500 (for a lot of 50 shares).

The company already secured ₹130.50 crore from anchor investors on January 6th, with a 30-day lock-in period for 50% of the shares allocated to them. Allocation is weighted towards Qualified Institutional Buyers (QIBs) at 75%, with Retail Individual Investors (RIIs) receiving a maximum of 10% and Non-Institutional Investors (NIIs) receiving a maximum of 15%.

Pre-IPO trading indicates a potential listing premium. According to Investors Gain reports, the IPO is currently trading at ₹210, suggesting a possible 72% premium upon listing, although this is subject to market conditions.

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