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Quadrant Future Tek IPO

  • Status: Closed
  • RHP:
  • ₹ 13,750 / 50 shares

    Minimum Investment

IPO Listing Details

  • Listing Date

    14 Jan 2025

  • Listing Price

    ₹374.00

  • Listing Change

    28.97%

  • Last Traded Price

    ₹444.00

IPO Details

  • Open Date

    07 Jan 2025

  • Close Date

    09 Jan 2025

  • IPO Price Range

    ₹ 275 to ₹ 290

  • IPO Size

    ₹ 290.00 Cr

  • Listing Exchange

    BSE, NSE

  • Listing Date

    14 Jan 2025

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Timeline Subscription Status Objective Financials SWOT FAQ Contacts

IPO Timeline

Quadrant Future Tek IPO Subscription Status

Last Updated: 09 January 2025 6:12 PM by 5Paisa

Quadrant Future Tek IPO is set to open on 7 January 2025 and will close on 9 January 2025. Quadrant Future Tek develops next-gen Train Control and Signaling Systems for Indian Railways' KAVACH project, ensuring passenger safety and reliability.

The IPO is a fresh issue of 1.00 Cr shares aggregating to ₹290.00 Cr. The price band is set at ₹275 to ₹290 per share and the lot size is 50 shares. 

The allotment is scheduled to be finalised on 10 January 2025. It will go public on BSE NSE, with a tentative listing date of 14 January 2025.

Sundae Capital Advisors is the book running lead manager, while Link Intime Pvt Ltd is the registrar. 

Quadrant Future Tek IPO Size

Types Size
Total IPO Size ₹290.00 Cr.
Offer For Sale -
Fresh Issue ₹290.00 Cr.

Quadrant Future Tek IPO Lot Size

Application Lots Shares Amount
Retail (Min) 1 50 13,750
Retail (Max) 13 650 178,750
S-HNI (Min) 14 700 192,500
S-HNI (Max) 68 3,400 935,000
B-HNI (Min) 69 3,450 948,750

Quadrant Future Tek IPO Reservation

Investors Category Subscription (times) Shares Offered Shares bid for Total Amount (Cr.)*
QIB 139.77 30,00,000 41,93,10,850 12,160.01
NII (HNI) 268.03 15,00,000 40,20,41,200 11,659.19
Retail 256.34 10,00,000 25,63,41,200 7,433.89
Total** 195.94 55,00,000 1,07,76,93,250 31,253.10

 

*The "Shares Offered" and "Total Amount" are calculated using the upper limit of the issue price range.
**Shares allocated to anchor investors (or market makers) are excluded from the total number of shares offered.

Quadrant Future Tek IPO Anchor Allocation

Anchor Bid Date 6 January, 2025
Shares Offered 45,00,000
Anchor portion Size (In ₹ Cr.) 130.50
Anchor lock-in period end date for 50% shares (30 Days) 9 February, 2025
Anchor lock-in period end date for remaining shares (90 Days) 10 April, 2025

 

1. Funding long-term working capital requirements,
2. Capital expenditure for the development of Electronic Interlocking System;
3. Prepayment or repayment of outstanding working capital term loan, and
4. General corporate purposes.
 

Quadrant Future Tek develops next-gen Train Control and Signaling Systems for Indian Railways' KAVACH project, ensuring passenger safety and reliability. With a cutting-edge facility in Mohali, Punjab, it manufactures ISO-compliant speciality cables. The company excels in innovation, in-house design, advanced cable technology, and exclusive RailTel partnerships, serving railways, defense, renewable energy, and EV sectors.

Established in: 2015
Managing Director: Mr. Mohit Vohra

Peers

Kernex Micro Systems Ltd
HBL Power Systems Ltd
Apar Industries Ltd
Polycab India Ltd

Profit and Loss

Balance Sheet

Particulars (in Rs. Crores) FY22 FY23 FY24
Revenue 104.29 152.95 151.82
EBITDA 9.51 26.54 36.67
PAT 1.94 13.90 14.71
Particulars (in Rs. Crores) FY22 FY23 FY24
Total Assets 112.77 118.82 142.82
Share Capital 10.00 10.00 10.00
Total Borrowings 80.68 74.00 81.61
Particulars (in Rs. Crores) FY22 FY23 FY24
Net Cash Generated From / (used in) operating activities -4.59 29.89 18.49
Net Cash Generated From / (used in) Investing Activities -31.78 -20.02 -21.43
Net Cash Generated From / (used in) financing activities 36.39 -9.59 3.12
Net Increase (Decrease) In Cash And Cash Equivalents 0.01 0.28 0.18

Strengths

1. Exclusive RailTel MoU for KAVACH, enhancing Indian Railways' safety systems.
2. Advanced in-house design capabilities for railway signaling and embedded systems.
3. State-of-the-art facility for speciality cable manufacturing and testing in Mohali.
4. ISO, IRIS, and TS-certified products meeting global quality standards.
5. Expertise across Railways, Defense, Renewable Energy, and Electric Vehicle sectors.

Risks

1. Dependence on Indian Railways' projects for significant revenue.
2. Limited international market presence compared to global competitors.
3. High operational costs due to advanced manufacturing technology.
4. Vulnerable to regulatory changes in railway and defense sectors.
5. Relatively small workforce limiting large-scale project execution.
 

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FAQs

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

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

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

To apply for Quadrant Future Tek IPO, follow the steps given below:

● Login to your 5paisa account and select the issue in the current IPO section    
● Enter the number of lots and the price at which you wish to apply for the Quadrant Future Tek  IPO.    
● Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange.    

You will receive a mandate notification to block funds in your UPI app.
 

The minimum lot size of Quadrant Future Tek IPO is 50 shares and the investment required is ₹13,750.
 

The share allotment date of Quadrant Future Tek IPO is 10 January 2025

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

Sundae Capital Advisors is the book running lead manager for Quadrant Future Tek IPO.
 

Quadrant Future Tek plans to utilise the raised capital from the IPO for:


1. Funding long-term working capital requirements,
2. Capital expenditure for the development of Electronic Interlocking System;
3. Prepayment or repayment of outstanding working capital term loan, and
4. General corporate purposes.