Minimum Investment
Minimum Investment (Retail) | Lots (min) | Shares (QTY) |
₹14,500 | 1 | 50 |
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 Date | January 7, 2025 to January 9, 2025 |
Face Value | ₹10 per share |
Price Band | ₹275 to ₹290 per share |
Lot Size | 50 Shares |
Total Issue Size | 1,00,00,000 shares (aggregating up to ₹290.00 Cr) |
Fresh Issue | 1,00,00,000 shares (aggregating up to ₹ 290.00 Cr) |
Issue Type | Book Built Issue IPO |
Listing At | BSE, NSE |
Share Holding Pre Issue | 3,00,00,000 shares |
Share Holding Post Issue | 4,00,00,000 shares |
IPO Open Date | Tuesday, January 7, 2025 |
IPO Close Date | Thursday, January 9, 2025 |
Basis of Allotment | Friday, January 10, 2025 |
Initiation of Refunds | Monday, January 13, 2025 |
Credit of Shares to Demat | Monday, January 13, 2025 |
Listing Date | Tuesday, January 14, 2025 |
Cut-off time for UPI mandate confirmation | 5 PM on January 9, 2025 |
Quadrant Future Tek Limited IPO Prospectus
Quadrant Future Tek Limited Financial Snapshot (in Crore)
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 |
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/