Quadrant Future Tek IPO kicks off: Should you subscribe to it?
Quadrant Future Tek is selling its shares in the price band of Rs 275-290 apiece, which could be applied for a minimum of 50 shares and its multiples to raise a total of Rs 290 crore.
- Jan 7, 2025,
- Updated Jan 7, 2025 9:54 AM IST
The initial public offering (IPO) of Quadrant Future Tek kicks-off for bidding on Tuesday, January 07. The railways security solutions provider is offering its shares in the range of Rs 275-290 apiece. Investors can apply for the issue until Thursday, January 09 bidding for a minimum of 50 equity shares and its multiples thereafter.
The growing demand for automated railway safety systems under the 'Make in India' initiative and increasing applications for e- beam cables in renewable energy and EV sectors present significant growth opportunities, said Ventura. "With its innovative solutions, robust financial performance, and focus on quality, Quadrant is well positioned for sustained growth and offers a promising investment opportunity," it said with a subscribe rating.
The initial public offering (IPO) of Quadrant Future Tek kicks-off for bidding on Tuesday, January 07. The railways security solutions provider is offering its shares in the range of Rs 275-290 apiece. Investors can apply for the issue until Thursday, January 09 bidding for a minimum of 50 equity shares and its multiples thereafter.
The growing demand for automated railway safety systems under the 'Make in India' initiative and increasing applications for e- beam cables in renewable energy and EV sectors present significant growth opportunities, said Ventura. "With its innovative solutions, robust financial performance, and focus on quality, Quadrant is well positioned for sustained growth and offers a promising investment opportunity," it said with a subscribe rating.