Quadrant Future Tek Limited
Jan 7, 2025 - Jan 9, 2025
Quadrant Future Tek Limited IPO Details
Mainline
Status
listed
Issue Price
₹275.00 - ₹290.00
Lot Size
50 Shares
Subscription
195.96 times
Listing Price
₹370 (27.59%)
Face Value
₹10 Per share
Issue Size
Approx ₹290 Cr
Fresh Issue
Approx ₹290 Cr
Total Shares Offered
-
Retail Quota
-
QIB Quota
-
HNI Quota
-
Retail Approx
-
S-HNI Approx
-
B-HNI Approx
-
Issue Type
Book Built Issue IPO
Listing On
BSE, NSE
Registrar
Link Intime India Private Ltd
NSE Code
QUADFUTURE
BSE Code
544336
IPO Tentative Timetable
Open Date
Tue Jan 07 2025
Close Date
Thu Jan 09 2025
Allotment Date
Fri Jan 10 2025
Refunds Initiation
Mon Jan 13 2025
Demat Transfer
Mon Jan 13 2025
Listing Date
Tue Jan 14 2025
Valuation
Earning Per Share (EPS)
0
Price/Earning P/E Ratio
0
Return on Net Worth (RoNW)
0
Net Asset Value (NAV)
0
Promoters
Pre issue Share Holding
93.33%
Post issue Share Holding
70%
Company Promoters
- -
Lead Managers
Sundae Capital Advisors
Live Subscription
| Date | QIB | NII | NII (> ₹10L) | NII (< ₹10L) | Retail | Total |
|---|---|---|---|---|---|---|
| Jan 7, 2025 | 0.04 | 9.77 | 8.1 | 13.1 | 26.72 | 7.54 |
| Jan 8, 2025 | 0.48 | 92.08 | 82.53 | 111.18 | 145.42 | 51.82 |
| Jan 9, 2025 | 139.77 | 268.03 | 274.25 | 255.57 | 256.46 | 195.96 |
Lot Size
| 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 |
IPO Reservation
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | 45,00,000 (45%) | NA |
| QIB Shares Offered | 30,00,000 (30%) | NA |
| NII (HNI) Shares Offered | 15,00,000 (15%) | - |
| bNII > ₹10L | 10,00,000 (10%) | 1,428 |
| sNII < ₹10L | 5,00,000 (5%) | 714 |
| Retail Shares Offered | 10,00,000 (10%) | 20,000 |
| Total Shares Offered | 1,00,00,000 (100%) | - |
Company Financial
| Period Ended | 30 Sep 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|---|
| Assets | 149.66 | 142.82 | 118.82 | 112.77 |
| Revenue | 65.14 | 151.82 | 152.95 | 104.29 |
| Profit After Tax | -12.11 | 14.71 | 13.9 | 1.94 |
| Net Worth | 34.18 | 44.11 | 29.42 | 15.61 |
| Reserves and Surplus | 4.18 | 34.11 | 19.42 | 5.61 |
| Total Borrowing | 98.01 | 81.61 | 74 | 80.68 |
About Company
Quadrant Future Tek Limited, incorporated in September 2015, develops next-generation Train Control and Signaling Systems for the Indian Railways' KAVACH project, enhancing safety and reliability for passengers. The company also has a speciality 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 speciality 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 speciality 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.
Competitive Strength:
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.
The company has a facility in Village Basma, Tehsil Banur, Distt Mohali, for manufacturing, testing, and developing speciality 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 speciality 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.
Competitive Strength:
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 Contact
village basma tehsilbanur,distt mohali - 140417
Phone: +91 172 402 0228
Email: cs_qftl@quadrantfuturetek.com
Website: https://www.quadrantfuturetek.com/
Registrar Contact
Phone: +91-22-4918 6270
Email: quadrant.ipo@linkintime.co.in
Website: https://linkintime.co.in/initial_offer/public-issues.html