Quadrant Future Tek IPO Details
The key details of Quadrant Future Tek’s IPO are outlined below, covering all crucial aspects from price range to investment requirements and regulatory documents.
| IPO Size | ₹290 Cr |
| Price Range | ₹275 - ₹290 |
| Retail Quota | 10% |
| QIB Quota | 75% |
| NII Quota | 15% |
| Employee Discount | -- |
| Listing at | NSE and BSE |
| Minimum Quantity | 50 |
| Investment (cut-off price) | ₹14,500 |
| Pre IPO Promotor Holding | 93.33% |
| Post IPO Promotor Holding | 70% |
| DHRP Draft | Click Here |
| RHP Draft | Click Here |
| Anchor Investors List | Click Here |
Quadrant Future Tek IPO Timelines
The IPO process for Quadrant Future Tek includes key dates for participants to know. The timeline allows for strategic planning and participation, helping investors stay informed and engaged throughout the entire process.
07/01/2025
Start Date09/01/2025
End Date13/01/2025
Refund Initiation13/01/2025
Credit of Shares to Demat Ac14/01/2025
Listing DateQuadrant Future Tek IPO Lot Size
The Quadrant Future Tek IPO has a fixed lot size of 50 shares, at an upper price band of ₹290 per share, requiring ₹14,500 per lot for retail investors. Retail investors can apply for a maximum of 650 shares worth ₹188,500. For Small HNI (S-HNI), the minimum application starts at 700 shares (₹203,000) up to 3,400 shares (₹986,000), while Big HNI (B-HNI) requires a minimum of 3,450 shares amounting to ₹1,000,500.
| Application | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 1 | 50 | ₹14,500 |
| Retail Maximum | 13 | 650 | ₹1,88,500 |
| S-HNI Minimum | 14 | 700 | ₹2,03,000 |
| S-HNI Maximum | 68 | 3400 | ₹9,86,000 |
| B-HNI Minimum | 69 | 3450 | ₹10,00,500 |
Quadrant Future Tek IPO Subscription Status
The subscription status for Quadrant Future Tek IPO shows market demand across different investor categories, providing valuable insights into the offering’s performance. You can track real-time subscription data below.
| QIB | NII | Retail | EMP | Total |
|---|---|---|---|---|
| 139.77x | 268.03x | 256.46x | -- | 195.96x |
IPO Performance on Listing Day
On the listing day (January 14, 2025), Quadrant Future Tek made a strong debut on the stock exchange. The stock opened at ₹370, delivering a notable premium of 27.6% over its issue price of ₹290. Throughout the trading session, the stock showed robust momentum, climbing steadily to hit a high of ₹444 while maintaining support above ₹362.10. The shares ended their first trading day at ₹444, securing an impressive gain of 53.1% over the issue price, reflecting strong investor confidence in this technology sector entrant.
| Opening Price | Closing Price | Day High | Day Low |
|---|---|---|---|
| ₹370.00 | ₹444.00 | ₹444.00 | ₹362.10 |
Quadrant Future Tek IPO Company Financials
Quadrant Future Tek reports robust performance in FY2024 with Total Income of ₹151.82 crores, managing expenses at ₹129.94 crores, and achieving a strong PAT (Profit After Tax) of ₹14.71 crores, demonstrating significant growth potential ahead of its public offering.
| Year | Total Income | Total Expense | PAT |
|---|---|---|---|
| FY 2021 | ₹72.89 | ₹67.03 | ₹4.81 |
| FY 2022 | ₹104.29 | ₹101.34 | ₹1.94 |
| FY 2023 | ₹152.95 | ₹133.01 | ₹13.90 |
| FY 2024 | ₹151.82 | ₹129.94 | ₹14.71 |
| FY 2025 (6 M) | ₹65.14 | ₹77.63 | -₹12.12 |
About Company
Quadrant Future Tek Limited is a research-driven company focused on developing advanced train control and signalling systems with high safety and reliability standards for rail passengers. In addition to its train control solutions, the company specializes in manufacturing Electron Beam Irradiated (E-beam) cables used in various industries, including rail vehicles, naval vessels, electric vehicles, and renewable energy installations. These cables are known for their fire safety, lightweight construction, and long-term performance. The company operates across multiple locations in India, including its headquarters in Mohali and design centres in Bengaluru and Hyderabad, and produces solar and electric vehicle cables, emphasizing its comprehensive infrastructure capabilities.
The company places a strong emphasis on technological innovation, operational efficiency, and quality control, supported by a skilled team of domain experts and a robust development department. Its specialty cable division manufactures high-temperature resistant cables that reduce weight in applications, using in-house formulated polymers treated with Electron Beam radiation. Quadrant Future Tek is also leading modernization efforts for the Indian Railways, notably through its development of the Train Collision Avoidance System (KAVACH), which aims to be a cost-effective, technologically advanced solution. The company’s commitment to quality is reflected in its adherence to international certifications, further reinforcing its growth and customer relationships.
| Incorporation Date | Sector | Managing Director |
|---|---|---|
| 2015 | Electricals | Mohit Vohra |
Know Before Investing
Quadrant Future Tek IPO Strengths
- Innovates train protection systems like KAVACH for India’s railways.
- Specialises in E-beam cables for railways and naval ships.
- Leverages global shift to efficient, eco-friendly transport solutions.
- Exclusive MoU with RailTel aids international market expansion.
- Strong partnerships drive global railway system growth.
Quadrant Future Tek IPO Risks
- Internal disputes among promoters risk future operational disruptions.
- Ongoing legal proceedings could lead to financial penalties.
- Single manufacturing facility dependency risks severe production disruptions.
- Criminal cases against promoter directors could harm reputation.
Swot Analysis for Quadrant Future Tek IPO
Strengths
Innovative Technology, Specialty Manufacturing, Strong Partnerships, Research-Oriented
Weaknesses
Limited Brand Recognition, Dependence on Rail Sector, Recent Market Entry
Opportunities
Growing Infrastructure Investment, Expansion Potential, Technological Advancements
Threats
Intense Competition, Economic Volatility, Regulatory Compliance Risks
Company Details
Quadrant Future Tek Limited
Village Basma Tehsil Banur,
Distt Mohali – 140 417,
Punjab, India
Phone: +91 1762 245 509
Email: cs_qftl@quadrantfuturetek.com
Website: www.quadrantfuturetek.com
IPO Registar Details
Link Intime India Private Limited
Phone: +91 81 0811 4949
E-mail: quadrant.ipo@linkintime.co.in
Website: https://www.linkintime.co.in/Initial_Offer/public-issues.html
FAQs
The key objectives of Quadrant Future Tek IPO are:
- Funding long-term working capital requirements.
- Capital expenditure for developing the Electronic Interlocking System.
- Prepayment or repayment of outstanding working capital term loan.
- General corporate purposes.
Sundae Capital Advisors is the book-running lead managers for the Quadrant Future Tek IPO.