Quadrant Future Tek Limited develops next-generation Train Control and Signaling Systems for the India Railways KAVACH project, enhancing safety and reliability for passengers. The company also has a specialty cable manufacturing facility with an Electron Beam Irradiation Centre.
The company has a facility in Village Basma, Tehsil Banur, Distt Mohali, for manufacturing, testing, and developing specialty cables and hardware for the Train Control & Signalling Division.
The company is technology-driven, with products that meet ISO, IRIS, and TS standards and follow strict Quality Management Systems for specialty cables.
The company manufactures, tests, and develops speciality cables at its Village Basma, Tehsil Banur facility, District Mohali, Punjab.
As of October 31, 2024, the company had 295 employees at its manufacturing facility, Railway Signalling & Embedded System Design centre and corporate function.
Quadrant Future Tek IPO – Details
| IPO Opening Date | 07 January 2025 |
| IPO Closing Date | 09 January 2025 |
| Issue Type | Book Built Issue IPO |
| Issue Size | Total Issue Size: 1,00,00,000 Shares Worth ₹290.00 Crore Fresh Issue: 1,00,00,000 Shares Worth ₹290.00 Crore |
| Face Value | ₹10 per equity share |
| IPO Price | ₹275 – ₹290 per share |
| Market Lot | 50 Shares |
| Min Order | 50 Shares (1 Lot) |
| Listing At | BSE, NSE |
| Register | Link Intime India Private Ltd |
| QIB Shares Offered | 75% |
| NII (HNI) Shares Offered | 15% |
| Retail Shares Offered | 10% |
Quadrant Future Tek IPO – Date Schedule
| IPO Open Date | 07 January 2025 |
| IPO Close Date | 09 January 2025 |
| Basis of Allotment | 10 January 2025 |
| Initiation of Refund | 13 January 2025 |
| Credit of Shares to Demat Account | 13 January 2025 |
| IPO Listing Date | 14 January 2025 |
| Cut-off time for UPI mandate confirmation | 5 PM on January 09, 2025 |
Quadrant Future Tek IPO – Lots Size & Price
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 50 | ₹14,500 |
| Retail (Max) | 13 | 650 | ₹1,88,500 |
| S-HNI (Min) | 14 | 700 | ₹2,03,000 |
| S-HNI (Max) | 68 | 3,400 | ₹9,86,000 |
| B-HNI (Min) | 69 | 3,450 | ₹10,00,500 |
Competitive Strengths
- The Company is engaged in the innovation and technological development of Automatic Train Protection Systems.
- Entered an exclusive Memorandum of Understanding with RailTel to pursue KAVACH opportunities in Indian Railways and other countries’ railways.
- In-house design and product development capabilities powering our Rail Signalling Products & Solutions.
- Advanced cable manufacturing technology that meets strict standards for Railways, Naval Defence, Renewable Energy, and Electric Vehicle sectors.
- Advanced manufacturing facilities with a diverse range of power and control cables with a focus on innovation and cost competitiveness.
Company Promoters
- Mohit Vohra
- Amit Dhawan
- Amrit Singh Randhawa
- Rupinder Singh
- Vishesh Abrol
- Vivek Abrol
- Aikjot Singh
- Rajbir Singh Randhawa
Company Financials
| Particulars | Total Revenue | Total Expense | Profit After Tax | Total Borrowing |
|---|---|---|---|---|
| 31 March 2022 | 104.29 | 101.34 | 1.94 | 80.68 |
| 31 March 2023 | 152.94 | 133.01 | 13.90 | 74.00 |
| 31 March 2024 | 151.82 | 129.93 | 14.71 | 81.61 |
| 30 September 2024 | 65.13 | 77.63 | -12.10 | 98.01 |
Key Performance Indicator
| KPI | Values |
|---|---|
| ROE | 33.41% |
| ROCE | 26.12% |
| Debt/Equity | 1.86 |
| RoNW | 33.41% |
| PAT Margin | 9.68 |
| Pre IPO | Post IPO | |
| EPS (Rs) | – | – |
| P/E (x) | – | – |
Object Of The Issue
- Funding long-term working capital requirements of the Company;
- Capital expenditure for the development of Electronic Interlocking System;
- Prepayment or repayment of all or a portion of outstanding working capital term loan availed by the Company; and
- General corporate purposes.
Quadrant Future Tek IPO Peer Comparison
| S. No. | Face Value | Company Name | PE |
| 1 | 10 | Kernex Micro Systems Limited | N/A |
| 2 | 1 | HBL Power Systems Limited | 61.59 |
| 3 | 10 | Apar Industries Limited | 49.11 |
| 4 | 10 | Polycab India Limited | 64.85 |
Quadrant Future Tek IPO Promoter Holding
| Pre Issue Share Holding | 93.33% |
| Post Issue Share Holding | 70.00% |
Quadrant Future Tek IPO Prospectus
Company Contact Information
| Quadrant Future Tek Limited Village Basma Tehsil Banur, Distt Mohali – 140417 Phone: +91 172 402 0228 Email: cs_qftl@quadrantfuturetek.com Website: https://www.quadrantfuturetek.com/ |
Quadrant Future Tek IPO Registrar
| Link Intime India Private Ltd Phone: +91-22-4918 6270 Email: quadrant.ipo@linkintime.co.in Website: https://linkintime.co.in/Initial_Offer/public-issues.html |
Quadrant Future Tek IPO Lead Manager(s)
| 1. Sundae Capital Advisors |
Quadrant Future Tek IPO FAQs
| What is Quadrant Future Tek IPO? Quadrant Future Tek IPO is a main-board IPO. The issue is priced at ₹275 to ₹290 per equity share. The IPO is to be listed on BSE & NSE. |
| When Quadrant Future Tek IPO will open? The IPO is to open on 07 January 2024 for QIB, NII, and Retail Investors. |
| What is Quadrant Future Tek IPO Investors Portion? The investors’ portion for QIB – 75%, NII – 15%, and Retail – 10%. |
| How to Apply the Quadrant Future Tek IPO? You can apply Quadrant Future Tek IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form. |
| How to Apply the Quadrant Future Tek IPO through Angle One? Log in to Angle One Application with your credentials. Select the IPO. You will see the IPO Name “Quadrant Future Tek IPO”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Angle One. |
| How to Apply the Quadrant Future Tek IPO through 5 Paisa? Log in to 5 Paisa Application with your credentials. Select the IPO. You will see the IPO Name “Quadrant Future Tek IPO“. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with 5 Paisa. |
| How to Apply the Quadrant Future Tek IPO through Upstox? Log in to Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Quadrant Future Tek IPO”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox. |
| How to Apply the Quadrant Future Tek IPO through IIFL? Log in to IIFL Application with your credentials. Select the IPO. You will see the IPO Name “Quadrant Future Tek IPO“. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with IIFL. |
| What is Quadrant Future Tek IPO Size? Quadrant Future Tek IPO size is ₹290.00 Crore. |
| What is the Quadrant Future Tek IPO Price Band? Quadrant Future Tek IPO Price Band is ₹275 to ₹290. |
| What is Quadrant Future Tek IPO Minimum and Maximum Lot Size for Retail? The minimum bid is 50 Shares with ₹14,500 amount while the maximum bid is 650 Shares with ₹1,88,500. |
| What is the Quadrant Future Tek IPO Allotment Date? Quadrant Future Tek IPO allotment date is 10 January 2024. |
| What is the Quadrant Future Tek IPO Listing Date? Quadrant Future Tek IPO listing date is 14 January 2024. The IPO is to be listed on BSE and NSE. |
