The Initial Public Offering of Quadrant Future Tek Limited was subscribed 185.81 times on the third day (final day) of bidding.
The issue received bids of 1,07,76,74,600 shares against the offered 57,99,999 equity shares, at a price band of ₹275-290, according to the data available on the stock exchanges.
Retail Portion and Non-Institutional Investors Portion were subscribed 243.07 times and 254.16 times respectively, whereas Qualified Institutional Buyer Portion was subscribed 132.54 times.
Sundae Capital Advisors Limited is the sole book running lead manager and Link Intime India Private Limited is the registrar to the offer. The equity shares are proposed to be listed on BSE and NSE.