Quadrant Future Tek Limited IPO

Minimum Investment

Minimum Investment (Retail)Lots (min)Shares (QTY)
₹14,500150

About Quadrant Future Tek Limited

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.

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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.

Quadrant Future Tek Limited IPO Details

IPO DateJanuary 7, 2025 to January 9, 2025
Face Value₹10 per share
Price Band₹275 to ₹290 per share
Lot Size50 Shares
Total Issue Size1,00,00,000 shares
(aggregating up to ₹290.00 Cr)
Fresh Issue1,00,00,000 shares
(aggregating up to ₹ 290.00 Cr)
Issue TypeBook Built Issue IPO
Listing AtBSE, NSE
Share Holding Pre Issue3,00,00,000 shares
Share Holding Post Issue4,00,00,000 shares
IPO Open DateTuesday, January 7, 2025
IPO Close DateThursday, January 9, 2025
Basis of AllotmentFriday, January 10, 2025
Initiation of RefundsMonday, January 13, 2025
Credit of Shares to DematMonday, January 13, 2025
Listing DateTuesday, January 14, 2025
Cut-off time for UPI mandate confirmation5 PM on January 9, 2025

Quadrant Future Tek Limited IPO Prospectus

Quadrant Future Tek Limited Financial Snapshot (in Crore)

Period Ended30 Sep 202431 Mar 202431 Mar 202331 Mar 2022
Assets149.66142.82118.82112.77
Revenue65.14151.82152.95104.29
Profit After Tax-12.1114.7113.91.94
Net Worth34.1844.1129.4215.61
Reserves and Surplus4.1834.1119.425.61
Total Borrowing98.0181.617480.68

Quadrant Future Tek Limited Promoters Holding

Mohit Vohra, Amit Dhawan, Amrit Singh Randhawa, Rupinder Singh, Vishesh Abrol and Vivek Abrol, Aikjot Singh and Rajbir Singh Randhawa

Quadrant Future Tek Limited Contact Details

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/

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