Quadrant Future Tek IPO Details
| IPO Issue Open Date: | 7 January 2025 |
| IPO Issue Close Date: | 9 January 2025 |
| IPO Issue Price Band: | ₹275 to ₹290 Per Share |
| Face Value: | ₹10 Per Equity Share |
| IPO Issue Size: | ₹290 Crores | [] shares |
| Fresh Issue: | ₹290 Crores | [] shares |
| Offer for Sale: | ₹[.] Crores |
| Issue Type: | Book Built Issue |
| IPO Listing At: | BSE & NSE |
| IPO Retail Quota: | Not more than 10% |
| QIB Quota: | Not more than 75% |
| NII Quota: | Not more than 15% |
| Employee Discount: | ₹[.] per share |
Quadrant Future Tek IPO Prospectus:
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
Quadrant Future Tek IPO Dates Timeline
| Issue Open Date: | 7 January 2025 |
| Issue Close Date: | 9 January 2025 |
| Basis of Allotment Date: | 10 January 2025 |
| Refunds Initiation: | 13 January 2025 |
| Shares Credit in Demat: | 13 January 2025 |
| IPO Listing Date Detail: | 14 January 2025 |
Quadrant Future Tek IPO Market Lot
| Application | Lot Size, Shares and Price Details |
| Retail (Min) | 1 lots and 50 shares = ₹14,500 |
| Retail (Max) | 13 lots and 650 shares = ₹1,88,500 |
| HNI (Min) | 14 lots and 700 shares = ₹2,03,000 |
| B-HNI Minimum | 69 lots and 3,450 shares = ₹10,00,500 |
Quadrant Future Tek IPO GMP*
| GMP Date | GMP Today | Subject to Sauda | Kostak | Expected Gain |
| Today | ₹140 | ₹5,000 | ₹- | 48% |
| 11th Jan | ₹200 | ₹7,000 | ₹- | 69% |
| 9th Jan | ₹210 | ₹7,000 | ₹- | 72% |
| 8th Jan | ₹210 | ₹7,000 | ₹- | 72% |
| 7th Jan | ₹210 | ₹7,000 | ₹- | 72% |
| 6th Jan | ₹180 | ₹6,000 | ₹- | 62% |
| 4th Jan | ₹- | ₹- | ₹- | ₹- |
About Quadrant Future Tek
Quadrant Future Tek was incorporated in 2015 and engages in the business of creating systems and deep research for the operations of trains. This also provides special cables and naval(defense) sectors that were prepared for solar cells and EV cables and have motive behind of safety and efficiency of trains. Apart from special cables and cells it also created electron beam irradiated cables for industry assurance and durability. Moreover, these all are created with special fire-resistant materials and treated with electron beam radiation have creativity in railway signaling and Embedded System Design center which has focused on developing train Control products and solutions and also working on innovating train Collision Avoidance Systems and an Electronic Interlocking System under KAVACH, an Automatic Train Protection System which has the major motive of improving the preservation and soaring capacity on Indian railway. As of 31 December 2023, the E-beam manufacturing facility has an overall installed production capacity of 1,887.60 MTPA.
Quadrant Future Tek IPO Strengths
- Innovation and technological development undertaken by the Company for building Automatic Train Protection Systems
- Entered into an exclusive Memorandum of Understanding with RailTel for delivering the specific targeted opportunities related to KAVACH in Indian Railways and other Countries Railways
- Experienced Promoters and senior management team
- Advanced manufacturing facilities with a diverse range of power and control cables with focus on innovation and cost competitiveness
Objects of the IPO Issue
- Funding long-term working capital requirements of our Company;
- Capital expenditure for development for Electronic Interlocking System;
- Prepayment or repayment of all or a portion of outstanding working capital term loan availed by our
Company; and - General corporate purposes
Quadrant Future Tek Company Financial Report
The company reported revenue of ₹152.95 crores in 2024 against ₹104.29 crores in 2023. The company reported a profit of ₹13.90 crores in 2024 against a loss of ₹1.94 crores in 2023.
| Period Ended | Revenue | Expense | Profit After Tax | Assets |
| 2021 | ₹72.89 | ₹67.03 | ₹4.18 | ₹58.69 |
| 2022 | ₹104.29 | ₹101.34 | ₹1.94 | ₹112.77 |
| 2023 | ₹152.95 | ₹133.01 | ₹13.90 | ₹118.82 |
| 2024 | ₹151.82 | ₹129.94 | ₹14.71 | ₹142.82 |
| September 2024 | ₹65.14 | ₹77.63 | ₹12.12 | ₹149.66 |
Quadrant Future Tek IPO Valuation – Key Performance Indicator
KPI as of March 31, 2024.
| KPI | Values |
| ROE: | 33.41% |
| ROCE: | 26.12% |
| EBITDA Margin: | 24.15% |
| PAT Margin: | 9.68% |
| Debt to equity ratio: | 1.86 |
| Earning Per Share (EPS): | ₹4.90 (Basic) |
| Price/Earning P/E Ratio: | N/A |
| Return on Net Worth (RoNW): | 33.41% |
| Net Asset Value (NAV): | ₹14.70 |
Peer Group Comparison
The below peer comparison table’s data are showing as per the DRHP and RHP.
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
| Kernex Micro Systems Limited | 8.83 | NA | NA | NA | 10.69 Cr. |
| HBL Power Systems Limited | 10.07 | 49.30 | 21.52% | 44.03 | 2,233.36 Cr. |
| Apar Industries Limited | 212.10 | 37.28 | 21.29% | 965.05 | 16,152.98 Cr. |
| Polycab India Limited | 118.93 | 56.69 | 22.02% | 545.76 | 18,039.44 Cr. |
Quadrant Future Tek IPO Registrar
Link Intime India Private Limited
Phone: +91 81 0811 4949
Email: quadrant.ipo@linkintime.co.in
Website: https://www.linkintime.co.in/Initial_Offer/public-issues.html
Quadrant Future Tek IPO Lead Manager
- Sundae Capital Advisors Private Limited
Quadrant Future Tek IPO allotment status check on Link Intime website. Click on Kfin Technologies to get allotment status.
Promoters of Quadrant Future Tek
- Mohit Vohra
- Amit Dhawan
- Amrit Singh Randhawa
- Rupinder Singh
- Vishesh Abroland Vivek Abrol
- Aikjot Singh
- Rajbir Singh Randhawa.
Company Address
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