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Quadrant Future Tek Limited IPO (Quadrant Future Tek Limited IPO) Details

Quadrant Future Tek Limited

Quadrant Future Tek Limited IPO's overview

Quadrant Future Tek Limited IPO is a book built issue of ₹290.00 Cr (2,90,00,00,000). The issue includes a fresh issue of 1.00 Cr (1,00,00,000) shares aggregating to ₹290.00 Cr (2,90,00,00,000).

Quadrant Future Tek Limited IPO is open for subscription on Jan 07, 2025 and closes on Jan 09, 2025. The allotment for Quadrant Future Tek Limited IPO is expected to be finalized on Jan 10, 2025. The shares will list on NSE, BSE with tentative listing date fixed as Jan 14, 2025.

Quadrant Future Tek Limited IPO price band is set at ₹275 to ₹290 per share. The minimum lot size for an application is 50 Shares. The minimum amount of investment required by retail investors is ₹13,750.

Refer to Quadrant Future Tek Limited IPO DRHP for detailed information.

  • IPO date

    Jan 07,2025 - Jan 09,2025

  • Listing Date

    Jan 14,2025

  • Face value

    10

  • Price Band

    275 to ₹290 per share

  • Lot

    50 Shares

  • Total Issue Size

    1.00 Cr (1,00,00,000)

    aggregating up to 290.00 Cr (2,90,00,00,000)

  • Fresh Issue

    1.00 Cr (1,00,00,000)

    aggregating up to ₹290.00 Cr (2,90,00,00,000)

  • Issue Type

    Book Building

  • IPO Type

    Main Board
  • Listing At

    NSEBSE

  • Pre Issue Size

    3.00 Cr (3,00,00,000)

  • Post Issue Size

    4.00 Cr (4,00,00,000)

  • Tue, Jan 07, 2025

    IPO Open

  • Thu, Jan 09, 2025

    IPO Close

  • Fri, Jan 10, 2025

    Basis of Allotment

  • Mon, Jan 13, 2025

    Initiation of Refunds

  • Mon, Jan 13, 2025

    Credit of Shares to Demat

  • Tue, Jan 14, 2025

    Listing

Quadrant Future Tek Limited IPO Day-wise IPO GMP Trend

Quadrant Future Tek Limited IPO last GMP is ₹110, last updated Jan 13,2025. With the price band of 290.00, Quadrant Future Tek Limited IPO's estimated listing price is ₹400 (cap price + today's GMP).The expected percentage gain/loss per share is 37.93%.

DateIPO PriceGMPEstimated Listing PriceLast Updated
13-Jan-25290.00110
400(37.93%)13-Jan-2025 14:32
12-Jan-25290.00145
435(50.00%)12-Jan-2025 22:32
11-Jan-25290.00145
435(50.00%)11-Jan-2025 22:27
10-Jan-25290.00190
480(65.52%)10-Jan-2025 22:24
09-Jan-25290.00190
480(65.52%)9-Jan-2025 22:28
08-Jan-25290.00210
500(72.41%)8-Jan-2025 22:29
07-Jan-25290.00210
500(72.41%)7-Jan-2025 22:28
06-Jan-25290.00210
500(72.41%)6-Jan-2025 22:29
05-Jan-25290.00180
470(62.07%)5-Jan-2025 22:28
04-Jan-25290.00140
430(48.28%)4-Jan-2025 22:31
03-Jan-25290.000
290(0.00%)3-Jan-2025 22:31
02-Jan-25290.000
290(0.00%)2-Jan-2025 22:23
01-Jan-250
(0.00%)1-Jan-2025 05:05
31-Dec-240
(0.00%)31-Dec-2024 05:04
30-Dec-240
(0.00%)30-Dec-2024 11:33

Quadrant Future Tek Limited IPO Lot Size

ApplicationLotsSharesAmount

Retail(Min)

15014,500

Retail(Max)

136501.89 Lakh (1,88,500)

SHNI(Min)

147002.03 Lakh (2,03,000)

SHNI(Max)

683,4009.86 Lakh (9,86,000)

BHNI(Min)

693,45010.01 Lakh (10,00,500)

Quadrant Future Tek Limited IPO Financial Information (Restated Consolidated)

LabelSep 30, 2024Mar 31, 2024Mar 31, 2023Mar 31, 2022
Assets149.66142.82118.82112.77
Revenue65.14151.82152.95104.29
Profit After Tax-12.1114.7113.91.94
Net Worth34.1844.1129.4215.61
Reserves and Surplus4.1834.1119.425.61
Total Borrowing98.0181.617480.68
Quadrant Future Tek Limited Financial Information

About Quadrant Future Tek Limited

Incorporated: September 2015
Industry: Railway Signaling Systems and Speciality Cable Manufacturing


Business Description

Quadrant Future Tek Limited is a technology-driven company specializing in the development of next-generation Train Control and Signaling Systems for Indian Railways' KAVACH project. The company focuses on enhancing safety, efficiency, and reliability for passengers.

In addition to its railway signaling solutions, Quadrant Future Tek manufactures speciality cables using advanced technologies, including Electron Beam Irradiation, to serve industries such as railways, naval defense, renewable energy, and electric vehicles (EVs).


Key Facilities

  • Location:
    • Village Basma, Tehsil Banur, District Mohali, Punjab
  • Functions:
    • Manufacturing, testing, and developing:
      • Speciality cables
      • Hardware for Train Control and Signaling Division

Technological Expertise

  1. Railway Signaling Products and Solutions:

    • Train Collision Avoidance Systems
    • Electronic Interlocking Systems
    • KAVACH, an Automatic Train Protection System, developed to improve safety and increase capacity on Indian Railways.
  2. Speciality Cable Manufacturing:

    • Electron Beam Irradiated Cables: Ensures industry durability and fire resistance.
    • Solar and EV Cables: Designed for renewable energy and electric vehicle applications.
    • Advanced materials and processes meeting ISO, IRIS, and TS Standards.

Human Resources

  • As of October 31, 2024, the company employs:
    • 295 employees across its manufacturing facility, Railway Signaling and Embedded System Design center, and corporate functions.

Competitive Strengths

  1. Innovative Railway Safety Systems:

    • Expertise in Automatic Train Protection Systems under the KAVACH project.
  2. Strategic Collaboration:

    • Exclusive Memorandum of Understanding (MoU) with RailTel for leveraging KAVACH opportunities in Indian Railways and international markets.
  3. In-house Capabilities:

    • Strong design and product development capabilities for Rail Signaling Products and Embedded Systems.
  4. Advanced Cable Manufacturing:

    • Speciality cables for railway, naval defense, solar energy, and EV sectors, ensuring cost competitiveness and meeting rigorous industry standards.
  5. State-of-the-Art Facilities:

    • Equipped with modern technology for manufacturing and testing speciality cables and hardware.
  6. Experienced Leadership:

    • Promoters with over 20 years of expertise in railway operations and manufacturing industries.

Product Highlights

  1. Train Control and Signaling Systems:

    • Focused on safety and operational efficiency for railways through KAVACH solutions.
  2. Speciality Cables:

    • Fire-resistant and electron beam irradiated for enhanced durability.
    • Applications in renewable energy (solar), EVs, and defense sectors.

Conclusion

Quadrant Future Tek Limited stands out as a pioneer in the railway signaling and cable manufacturing industry. With its advanced facilities, innovative solutions, and strategic collaborations, the company plays a vital role in improving the safety and efficiency of railway operations, both in India and abroad. By combining cutting-edge technology with extensive industry experience, Quadrant Future Tek is well-positioned to drive growth and innovation in critical infrastructure sectors.

Quadrant Future Tek Limited IPO's documents

Quadrant Future Tek Limited Contact Details

Village Basma Tehsil Banur,
Distt Mohali – 140 417,
Punjab, India
Phone: +91 1762 245 509;
Email: [email protected];
Website: www.quadrantfuturetek.com

Quadrant Future Tek Limited IPO's Promoters

The promoters of the company are Mohit Vohra, Amit Dhawan, Amrit Singh Randhawa, Rupinder Singh, Vishesh Abroland Vivek Abrol, Aikjot Singh And Rajbir Singh Randhawa.

Quadrant Future Tek Limited IPO Registrar