Quadrant Future Tek IPO: Issue subscribed 48.99 times on day 2; check subscription status, other key details

Quadrant Future Tek initial public offering opened for subscription on Tuesday, January 7. On Monday, Quadrant Future Tek revealed that it had raised more than ₹130 crore from anchor investors, just one day ahead of launching its initial public offering. Quadrant Future Tek IPO subscription status The Quadrant Future Tek IPO was subscribed 48.99 times as of 5:00 PM IST on the second day of its offering, according to data from the BSE. Quadrant Future Tek IPO details The ₹290-crore initial public offering is entirely a fresh issue, with no allocation for an offer for sale.