Quadrent Future Tek is a research oriented company that develops new generation train control and signaling system under KAVACH project. Its manufacturing facility is located at Vilage Basma Tehsil Banur, Mohali for manufacturing, testing, researching, and developing all the products. It also manufactures speciality cables that is used in Railway rolling stock, Naval ship vessels & submarines, electric vehicles and fuel cell electric vehicles. These cables are also used in Solar and wind installation.

Its Specialty Cable Division has received many accreditions namely, NQA certification and ROHS Certification. As of Sep 30, 2024, it has an installed specialty cable capacity of 1,887.60 metric tonnes. And for train Control & signaling division, it has an installed capacity of 4,492 Station TCAS, 2,264 Locomotive TCAS and 3,744 Remote Interface Unit.

Quadrant Future Tek IPO open date is January 7, 2025 and the IPO will close on January 9, 2025. Quadrant Future Tek IPO price band is ₹275 to ₹290 per share. The retail quota is 10%, QIB is 75%, and HNI is 15%.

Quadrant Future Tek IPO to list on BSE, NSE on January 14, 2025. The allotment of Quadrant Future Tek IPO date is January 10, 2025. The company reported revenue of ₹151.82 crores in 2024 against ₹152.95 crore in 2023. The company reported profit of ₹14.71 crores in 2024 against Profit of ₹13.90 crores in 2023.

Quadrant Future Tek IPO Details

IPO Open Date:January 7, 2025
IPO Close Date:January 9, 2025
Face Value:₹10 Per Equity Share
IPO Price Band:₹275 to ₹290 Per Share
Issue Size:Approx ₹290 Crores
Fresh Issue:Approx ₹290 Crores
IPO Listing:BSE & NSE
Retail Quota:Not more than 10%
QIB Quota:Not more than 75%
NII Quota:Not more than 15%

Quadrant Future Tek IPO Timeline

The Quadrant Future Tek IPO date is January 7, 2025 and the close date is January 9, 2025. The Quadrant Future Tek IPO allotment will be finalized on January 10, 2025 and the IPO listing on January 14, 2025.

IPO Open Date:January 7, 2025
IPO Close Date:January 9, 2025
Basis of Allotment:January 10, 2025
Refunds:January 13, 2025
Credit to Demat Account:January 13, 2025
IPO Listing Date:January 14, 2025

Quadrant Future Tek IPO Lots

IPO ActivityDate
Issue Price₹275.00-290.00
Market Lot:50 Shares
1 Lot Amount:₹14500
Min Small HNI Lots(2-10 Lakh):700 shares (14 lots) – ₹203000
Min Big HNI Lots(10+ Lakh):3450 shares (69 lots) – ₹1000500

Quadrant Future Tek Ltd: Financial Data and Market Position

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

Categorized in:

IPO,

Last Update: January 7, 2025