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Quadrant Future Tek Limited IPO Details – Price, Date, GMP & Analysis
Listed
Mainboard
Price Range:
Rs.290.00
Issue Size:
Rs.290.00 Cr
Lot Size:
50 shares
Open Date:
January 7
Quadrant Future Tek Limited IPO Overview
Bidding Dates
January 7 - January 9
Min Investment
₹14,500
Price Range
₹290.00
Issue Size
₹290.00 Cr
IPO DRHP Doc
Company Overview
Quadrant Future Tek Limited, established in September 2015, specializes in developing advanced Train Control and Signaling Systems for the Indian Railways' KAVACH project, improving passenger safety and reliability. The company operates a specialty cable manufacturing facility in Village Basma, Mohali, producing cables and hardware for the Train Control & Signaling Division. It adheres to ISO, IRIS, and TS standards, ensuring high-quality management for its products. As of October 31, 2024, Quadrant Future Tek employed 295 people across its manufacturing and design centers.
IPO Timeline
Opens
Jan 7
Closes
Jan 9
Allotment
Jan 10
Refunds
Jan 13
Shares Credit
Jan 13
Listing
Jan 14
Opens
Jan 7
Closes
Jan 9
Allotment
Jan 10
Refunds
Jan 13
Shares Credit
Jan 13
Listing
Jan 14
Latest Subscription Data
| Category | Subscription | Status |
|---|---|---|
| QIB (Qualified Institutional Buyers) | 139.77x | Oversubscribed |
| NII (Non-Institutional Investors/HNI) | 268.03x | Oversubscribed |
| RII (Retail Individual Investors) | 256.46x | Oversubscribed |
| Total Subscription | 195.96x | Oversubscribed |
Last updated: Jan 9, 2025, 06:21 PM
Current GMP:
Rs.120
Est. Listing:
Rs.410
Est. Gain:
+41.4%
Star Rating:
★★★★★(4/5)
Financial Information
Financial Data Table
Detailed breakdown of financial metrics across years
| Financial Metric | 2024 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Assets | ₹142.82 Cr | ₹142.82 Cr | ₹118.82 Cr | ₹112.77 Cr |
| Net Worth | ₹44.11 Cr | ₹44.11 Cr | ₹29.42 Cr | ₹15.61 Cr |
| Profit After Tax | ₹14.71 Cr | ₹14.71 Cr | ₹13.9 Cr | ₹1.94 Cr |
| Reserves and Surplus | ₹34.11 Cr | ₹34.11 Cr | ₹19.42 Cr | ₹5.61 Cr |
| Revenue | ₹151.82 Cr | ₹151.82 Cr | ₹152.95 Cr | ₹104.29 Cr |
| Total Borrowing | ₹81.61 Cr | ₹81.61 Cr | ₹74 Cr | ₹80.68 Cr |
Financial data is visualized in the chart above
Strengths & Risks Analysis
Key Strengths
Competitive advantages and positive aspects
- Quadrant Future Tek develops a comprehensive train control system enhancing rail safety.
- Signed MoU with RailTel for long-term working capital funding.
- Strong in-house expertise in railway signalling product design and development.
IPO Details
Quadrant Future Tek IPO Details
| Face Value | ₹10 per share |
| Fresh Issue | 1,00,00,000 shares (aggregating up to ₹290.00 Cr) |
| IPO Date | January 7, 2025 to January 9, 2025 |
| Issue Price | ₹290 per share |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Listing Date | January 14, 2025 |
| Lot Size | 50 Shares |
| Share Holding Post Issue | 4,00,00,000 shares |
| Share Holding Pre Issue | 3,00,00,000 shares |
| Total Issue Size | 1,00,00,000 shares (aggregating up to ₹290.00 Cr) |
Quadrant Future Tek IPO Reservation
Share Reservation Distribution
Anchor Investors
4,500,000 shares (45%)
QIB
3,000,000 shares (30%)
bNII (>₹10L)
1,000,000 shares (10%)
Retail
1,000,000 shares (10%)
sNII (<₹10L)
500,000 shares (5%)
Quadrant Future Tek IPO Promoter Holding
| Share Holding Post Issue | 70% |
| Share Holding Pre Issue | 93.33% |
Quadrant Future Tek IPO Listing Details
| ₹290 per share |
| 544336 |
| INE0LRY01011 |
| January 14, 2025 |
| QUADFUTURE |
Listing Day Trading Information
| Price Details | BSE | NSE |
|---|---|---|
| Final Issue Price | ₹290.00 | ₹290.00 |
| High | ₹448.75 | ₹444.00 |
| Last Trade | ₹448.75 | ₹444.00 |
| Low | ₹367.00 | ₹362.10 |
| Open | ₹374.00 | ₹370.00 |
Key Dates
Open Date:January 7
Close Date:January 9
Listing Date:January 14
