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Quadrant Future Tek Ltd. IPO

Q: What is the size of Quadrant Future Tek Ltd. IPO?

The size of the Quadrant Future Tek Ltd. IPO is &#8377;290.00 Cr.

Q: What is the price range of Quadrant Future Tek Ltd. IPO?

The price range of Quadrant Future Tek Ltd. IPO is at &#8377;275 to &#8377;290 per share.

Q: What is the minimum investment and lot size required for the Quadrant Future Tek Ltd. IPO?

The minimum investment required is &#8377;14,500 and minimum lot size is 50 shares.

Min Investment

₹ 14,500 / 50 shares

Price Range

₹275 - ₹ 290

Bidding Dates

7 Jan '25 - 9 Jan '25

Total Issue Value

290.00 Cr

Lot Size

Total Issue Size

290.00 Cr

Listing At

BSE, NSE

Subscription

109.39 times

BSE Price

333.00 (14.83%)

NSE Price

337.65 (16.43%)

IPO Timeline

7 Jan 2025

Bidding Starts
9 Jan 2025

Bidding Ends
10 Jan 2025

Allotment Finalization
14 Jan 2025

Listing

About Quadrant Future Tek Ltd.

Quadrant is a research oriented company, engaged in developing new generation Train Control and Signalling Systems under KAVACH project of the Indian Railways that offers the highest level of safety and reliability to rail passengers and also possess a speciality cable manufacturing facility with ... Read more

Parent organisation

Founded

Quadrant Future Tek Ltd.

2015

Quadrant Future Tek Ltd. IPO Reservation

Investors Category	Shares Offered
Anchor Investors	45,00,000 (45%)
Non Institutional Investors	15,00,000 (15%)
Qualified Institutional Buyers (QIBs)	30,00,000 (30%)
Retail Individual Investors (RIIs)	10,00,000 (10%)

Quadrant Future Tek Ltd. Financial Information

Year End	Revenue	PAT	Reserves & Surplus
31 Mar 2025	152.94 Cr	-19.68 Cr	257.91 Cr
31 Mar 2024	151.82 Cr	14.68 Cr	34.11 Cr
31 Mar 2023	152.95 Cr	13.90 Cr	19.42 Cr

Quadrant Future Tek Ltd. Background

Major Events And Milestones

2016

Incorporation of our Company
2018

Installed the 2.5 MeV Electron Beam Accelerator for manufacturing of Speciality cables
Received the License from Atomic Energy Regulation Board for Operation of Irradiation Centre. Installed & commissioned Cable Manufacturing Facility and Electronic Beam Facility.
Awarded with the Approval from Rail Design & Standards Organization for Supply of Speciality Cables for Coaches, EMU's & Locomotives.
2019

Invited by Naval (Defence) industry for Supply of Irradiated Silicone Rubber & Polyethylene Cables for Ships & Submarines.
Awarded with the Approval from Defence industry for Supply of Cables
2021

Set up a Software/Embedded Design & Development centre at Bengaluru and initiated the development of Three Important Safety Critical Solutions for Railway Safety: Train Collision Avoidance System (Now known as KAVACH)
Installed dust free, fully automatic electronic manufacturing facility for production of Safety Critical Rail Signalling Hardware Systems
Conversion of our Company from private limited to a public limited company
2023

Assessment of Infrastructure & capabilities of Train Collision Avoidance System conducted by RDSO & approval was awarded
Successfully developed the first Kavach system in-house for proto-type testing by RDSO /Railways.
2024

Awarded with the first order of deployment of Kavach system at South Central Railways at 5 stations, 10 locomotives / trains at a stretch of 43.6 kilometer.
Development of solar cables in line with 2pfg1169/N50618 for captive solar projects dedicated for electric charging stations, green hydrogen plants planned to be executed
Development of low fire hazard, light weight cables for electric vehicles, to cater to the transition of fossil fuel vehicles to Battery / hydrogen electric vehicles.
Received a purchase order on December 12, 2024 from CLW for the supply, installation, testing, and commissioning of On-board Kavach equipment in 1,200 locomotives for an aggregate value of ₹9,786.06 million (including taxes).

Quadrant Future Tek Ltd. Object of Issues

1. Funding long-term working capital requirements of our Company (Specialty Cable Division)
2. Capital expenditure for development for Electronic Interlocking System
3. Prepayment or repayment of all or a portion of outstanding working capital term loan availed by our Company
4. General Corporate Purpose

Quadrant Future Tek Ltd. IPO Listing Details

Listing Date

14 Jan 2025

BSE Script Code

QUADFUT

NSE Symbol

QUADFUT

ISIN

INE0LRY01011

Final Issue Price

₹ 290

Quadrant Future Tek Ltd. Listing Day Trading Information

Pricing Details	BSE	NSE
Issue Price	₹ 290.00	₹ 290.00
Open	₹ 374.00	₹ 370.00
Low	₹ 367.00	₹ 362.10
High	₹ 448.75	₹ 444.00
Last Trade	₹ 448.75	₹ 444.00

Quadrant Future Tek Ltd. Company Promoters

1. Mohit Vohra
2. Amit Dhawan
3. Amrit Singh Randhawa
4. Rupinder Singh
5. Vishesh Abrol
6. Vivek Abrol
7. Aikjot Singh
8. Rajbir Singh Randhawa

Industry Overview

Our Company caters to two different industries, namely (i) Indian Specialty Cables Industry with niche technology for manufacture of Speciality cables which has application in various industries including Railways, Naval Defence, Solar power & Electric Vehicle; and (ii) Train Control and ... Read more

Quadrant Future Tek Ltd. IPO Registrar

Link Intime India Pvt. Ltd.

C-101, 1st Floor, 247 Park, Lal Bahadur Shashtri Marg, Vikhroli (West), Mumbai Maharashtra - 400083

8108114949

Quadrant Future Tek Ltd. IPO Lead Manager(s)

Sundae Capital Advisors Pvt. Ltd.

404, 4th floor, Vaibhav Chambers, Bandra Kurla Complex, Bandra (East), Mumbai Maharashtra - 400051

9667859191, 45155887

FAQs

When does Quadrant Future Tek Ltd. IPO opens and closes?

Quadrant Future Tek Ltd. IPO opens from 7th January to 9th January 2025.

What is the size of Quadrant Future Tek Ltd. IPO?

The size of the Quadrant Future Tek Ltd. IPO is ₹290.00 Cr.

What is the price range of Quadrant Future Tek Ltd. IPO?

The price range of Quadrant Future Tek Ltd. IPO is at ₹275 to ₹290 per share.

What is the minimum investment and lot size required for the Quadrant Future Tek Ltd. IPO?

The minimum investment required is ₹14,500 and minimum lot size is 50 shares.

When is Quadrant Future Tek Ltd. IPO listing date?

The Quadrant Future Tek Ltd. IPO will be listed on 14th January 2025.

What is the objective of Quadrant Future Tek Ltd. IPO?

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