| Quadrant Future Tek Partnership with Indian Railways | Quadrant Future Tek IPO Review | Quadrant Future Tek IPO Subscription | Quadrant Future Tek IPO Allotment |
Quadrant Future Tek IPO Description – Quadrant Future Tek focuses on researching and developing advanced train control and signaling systems for rail passenger’s safety and reliability. The company has an irradiated/E-beam cable manufacturing facility with an Electron Beam Irradiation Centre, specializing in cables for railways rolling stock and the Naval (Defence) industry.
Their manufacturing facility also produces Solar Cables & EV Cables. Operating in Basma, Mohali, with manufacturing operations in Bengaluru, Karnataka, and Hyderabad, Telangana. Their product range includes railways rolling stock cables, naval defense, marine cables, solar PV cables, automotive cables, connectors, and junction boxes. Offering tailored electrical connector and wiring harness solutions.
As of 30 September 2024, the E-beam manufacturing facility has a total installed production capacity of 1,887.60 MTPA. As of 31 October 2024, the company employed 28 individuals at the Railway Signalling & Embedded System Design Center, accounting for approximately 9.49% of its total workforce.
Promoters of Quadrant Future Tek – Mohit Vohra, Amit Dhawan, Amrit Singh Randhawa, Rupinder Singh, Vishesh Abroland Vivek Abrol, Aikjot Singh and Rajbir Singh Randhawa
Table of Contents
Quadrant Future Tek IPO Details
| Quadrant Future Tek IPO Dates | 7 – 9 January 2025 |
| Quadrant Future Tek Issue Price | INR 275 – 290 per share |
| Fresh issue | INR 290 crore |
| Offer For Sale | NIL |
| Total IPO size | INR 290 crore |
| Minimum bid (lot size) | 50 shares (INR 14,500) |
| Face Value | INR 10 per share |
| Retail Allocation | 10% |
| Listing On | NSE, BSE |
Quadrant Future Tek Financial Performance
| Â | FY 2022 | FY 2023 | FY 2024 | H1 FY 2025 |
| Revenue | 104.26 | 152.80 | 151.76 | 65.14 |
| Expenses | 101.34 | 133.01 | 129.94 | 77.63 |
| Net income | 1.94 | 13.90 | 14.71 | (12.11) |
| Margin (%) | 1.86 | 9.10 | 9.69 | (18.59) |
Quadrant Future Tek Offer News
- Quadrant Future Tek RHP
- Quadrant Future Tek DRHP
- ASBA IPO Forms
- Live IPO Subscription Status
- IPO Allotment Status
Quadrant Future Tek Valuations & Margins
| FY 2022 | FY 2023 | FY 2024 (Pre Issue)* | FY 2025 (Post-Issue)** | |
| EPS | 0.65 | 13.90 | 3.72 | (6.06) |
| PE Ratio | – | – | 73.92 – 77.96 | NA |
** Calculated on the basis of annualized Profits After Tax for FY 2025
| FY 2022 | FY 2023 | FY 2024 | |
| RONW (%) | 12.17 | 47.03 | 33.41 |
| NAV | 5.20 | 9.81 | 14.70 |
| ROCE (%) | 8.43 | 27.20 | 26.12 |
| EBITDA (%) | 9.12 | 17.36 | 24.15 |
| Debt/Equity | 5.19 | 2.52 | 1.86 |
Quadrant Future Tek IPO GMP Today (Daily Trend)
| Date | Day-wise IPO GMP | Kostak | Subject to Sauda |
| 13 January 2025 | 150 | – | 6,100 |
| 11 January 2025 | 185 | – | 7,500 |
| 10 January 2025 | 200 | – | 8,000 |
| 9 January 2025 | 200 | – | 8,000 |
| 8 January 2025 | 190 | – | 7,700 |
| 7 January 2025 | 190 | – | 7,700 |
| 6 January 2025 | 165 | – | 6,600 |
Quadrant Future Tek IPO Objectives
The company proposes to utilize the Net Proceeds from the Fresh Issue towards funding the following objects:
- Funding long-term working capital requirements of the company – INR 149.72 crore
- Capital expenditure for the development of the Electronic Interlocking System – INR 24.38 crore
- Prepayment or repayment of all or a portion of outstanding working capital term loan availed by the company – INR 23.62 crore
- General corporate purposes
Quadrant Future Tek – Comparison With Listed Peers
| Company | PE ratio | EPS | RONW (%) | NAV | Revenue (Cr.) |
| Quadrant Future Tek | 77.96 | 3.72 | 33.31 | 14.70 | 151.82 |
| Kernex Micro Systems | NA | (16.61) | (24.16) | 63.61 | 19.60 |
| HBL Power Systems | 61.59 | 10.07 | 22.87 | 44.03 | 2,233.36 |
| Apar Industries | 49.11 | 212.10 | 20.80 | 965.01 | 16,152.98 |
| Polycab India | 64.85 | 118.93 | 21.90 | 544.95 | 18,039.44 |
Quadrant Future Tek IPO Dates & Listing Performance
| IPO Opening Date | 7 January 2025 |
| IPO Closing Date | 9 January 2025 |
| Finalization of Basis of Allotment | 10 January 2025 |
| Initiation of refunds | 13 January 2025 |
| Transfer of shares to demat accounts | 13 January 2025 |
| Quadrant Future Tek IPO Listing Date | 14 January 2025 |
| Opening Price on NSE | INR 370 per share (up 27.59%) |
| Closing Price on NSE | INR 444 per share (up 53.10%) |
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Quadrant Future Tek Offer Lead Manager
SUNDAE CAPITAL ADVISORS PRIVATE LIMITED
404, 4th floor, Vaibhav Chambers, Opp. Income Tax Office,
Bandra Kurla Complex Bandra (East), Mumbai – 400051
Phone:Â +91 96 6785 9191 / +91 22 3501 4499
Email:Â [email protected]
Website:Â www.sundaecapital.com
Quadrant Future Tek Offer Registrar
LINK INTIME INDIA PRIVATE LIMITED
C-101, 247 Park, 1st Floor, L.B.S. Marg,
Vikhroli West, Mumbai, 400 083, Maharashtra
Phone:Â +91 81 0811 4949
Email:Â [email protected]
Website:Â www.linkintime.com
Quadrant Future Tek Contact Details
QUADRANT FUTURE TEK LIMITED
Village Basma Tehsil Banur,
Distt Mohali – 140 417, Punjab, India
Phone:Â +91 1762 245509
Email: [email protected]
Website: www.quadrantfuturetek.com
Quadrant Future Tek IPO FAQs
How many shares in Quadrant Future Tek IPO are reserved for HNIs and retail investors?
The investors’ portion for QIB – 75%, NII – 15%, and Retail – 10%.
How to apply for Quadrant Future Tek Public Offer?
The best way to apply for Quadrant Future Tek’s public offer is through Internet banking ASBA (know all about ASBA here). You can also apply online through your stock broker using UPI. If you prefer to make paper applications, fill up an offline IPO form and deposit the same to your broker.
What is Quadrant Future Tek IPO GMP today?
Quadrant Future Tek IPO GMP today is INR 150 per share.
What is Quadrant Future Tek kostak rate today?
Quadrant Future Tek kostak rate today is INR NA per application.
What is Quadrant Future Tek Subject to Sauda rate today?
Quadrant Future Tek Subject to Sauda rate today is INR 6,100 per application.
