Quadrant Future Tek IPO GMP Review— In this article, we are going to see how Quadrant Future Tek IPO can give you a good amount of return on your investment as we can see the fresh issue of shares of around 290 crores will rise through this IPO and the company manufactures for Indian railway and this IPO can give your good amount of return as he can see the government is involved in this company so your investment can be safe.
We can see quadrant the future is to launch its IPO on 7th January Monday 2025 and you can start bidding for the IPO. The price range of this IPO is 275 rupees to 290 per share. The last day to apply for this IPO is 9th January and this company will not offer any offer for sale shares as they are launching of fresh issue worth 290 crores.
The lord size of quadrant IPO is 50 per lot you have to invest around 14500 to get one lot of shares, 75% is reserved for qualified institution buyers 15% is for non-institution investors and the remaining term person will be all located to the retail category.
If you want to get an allotment, then you have to be an HNI, and the more you place, the more chance you will have to be eligible for the allotment of this IPO.
As we can see only 10% are reserved for retail investors so there is very little chance of getting an allotment in this IPO. Quadrant Future Tek IPO will allocate the IPO to the eligible investor on 10th January and you can check the IPO status if you have applied.
Quadrant Future Tek IPO Financial
It talks about the key financials of Quadrant Future Tek IPO for the financial year 2024 they have made a revenue from operation of 151 crore and a net profit of 14.71 crore. In the financial year 2023, they have made revenue from operation of 152.8 crore and net profit of 13.90 crore. Independence Day 2022 they have made a revenue of 104 crore and net profit of 1.94 crores.
Through this data, we can say here that the company is growing its revenue but profits are less and in the future, they may choose to diversify their investment in their operation and they can make a good amount of profit through this capital so you can try to invest in this Quadrant Future Tek IPO.