Quadrant Future Tek Limited IPO Details – Price, Date, GMP & Analysis
Quadrant Future Tek Limited IPO Overview
Key IPO Details
Investment Summary
The Quadrant Future Tek Limited IPO IPO is a mainboard offering scheduled to open on January 7. The issue is priced at ₹290 per share, with a minimum application of 50 shares.
Status: Listed and trading
How to Apply for Quadrant Future Tek Limited IPO
To apply for the Quadrant Future Tek Limited IPO, you need a demat account with any SEBI-registered broker, PAN card, and UPI or bank account for payment.
Application Process
- Log into your broker's platform or app
- Navigate to IPO section and select Quadrant Future Tek Limited IPO
- Enter bid quantity (minimum 50 shares)
- Choose cut-off price or enter specific price
- Make payment via UPI or ASBA
- Submit application before January 9
Required Documents
- Active demat account
- PAN card
- Bank account linked to demat
- UPI ID for payment
- Valid mobile number and email
Minimum Investment: ₹14,500(approx. based on lower price band)
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.
Grey Market Premium (GMP)
IPO Timeline
Open Date
Tue, Jan 7, 2025
CompletedClose Date
Thu, Jan 9, 2025
CompletedAllotment
Fri, Jan 10, 2025
CompletedRefund Process
Mon, Jan 13, 2025
CompletedCredit to Demat
Mon, Jan 13, 2025
CompletedListing Date
Tue, Jan 14, 2025
CompletedSubscription Status
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: Invalid Date
IPO Details
Quadrant Future Tek IPO Details
| IPO Date | January 7, 2025 to January 9, 2025 |
| Listing Date | January 14, 2025 |
| Face Value | ₹10 per share |
| Issue Price | ₹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 | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Share Holding Pre Issue | 3,00,00,000 shares |
| Share Holding Post Issue | 4,00,00,000 shares |
Quadrant Future Tek IPO Reservation
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | 45,00,000 (45%) | NA |
| QIB Shares Offered | 30,00,000 (30%) | NA |
| bNII > ₹10L | 10,00,000 (10%) | 1,428 |
| sNII < ₹10L | 5,00,000 (5%) | 714 |
| Retail Shares Offered | 10,00,000 (10%) | 20,000 |
Quadrant Future Tek IPO Timeline (Tentative Schedule)
| IPO Open Date | Tue, Jan 7, 2025 |
| IPO Close Date | Thu, Jan 9, 2025 |
| Tentative Allotment | Fri, Jan 10, 2025 |
| Initiation of Refunds | Mon, Jan 13, 2025 |
| Credit of Shares to Demat | Mon, Jan 13, 2025 |
| Tentative Listing Date | Tue, Jan 14, 2025 |
| Cut-off time for UPI mandate confirmation | 5 PM on January 9, 2025 |
Quadrant Future Tek IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 50 | ₹14,500 |
| Retail (Max) | 13 | 650 | ₹1,88,500 |
| S-HNI (Min) | 14 | 700 | ₹2,03,000 |
| S-HNI (Max) | 68 | 3,400 | ₹9,86,000 |
| B-HNI (Min) | 69 | 3,450 | ₹10,00,500 |
Quadrant Future Tek IPO Promoter Holding
| Share Holding Pre Issue | 93.33% |
| Share Holding Post Issue | 70% |
Quadrant Future Tek IPO Listing Details
| January 14, 2025 |
| 544336 |
| QUADFUTURE |
| INE0LRY01011 |
| ₹290 per share |
Listing Day Trading Information
| Price Details | BSE | NSE |
|---|---|---|
| Final Issue Price | ₹290.00 | ₹290.00 |
| Open | ₹374.00 | ₹370.00 |
| Low | ₹367.00 | ₹362.10 |
| High | ₹448.75 | ₹444.00 |
| Last Trade | ₹448.75 | ₹444.00 |
Financial Information
Company FinancialsQuadrant Future Tek Limited Financial Information (Restated)
| 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 |
Key Dates
Quadrant Future Tek Limited IPO IPO Review & Analysis
Should I Apply for Quadrant Future Tek Limited IPO?
The Quadrant Future Tek Limited IPO decision depends on your risk tolerance, investment goals, and analysis of company fundamentals. Consider factors like business model, financial performance, industry prospects, and valuation before applying.
Key Positives
- • Mainboard listing provides credibility
- • Issue size of ₹290.00 Cr indicates scale
- • Regulated by SEBI guidelines
Key Considerations
- • Analyze company financials thoroughly
- • Check Grey Market Premium trends
- • Consider market conditions
Quadrant Future Tek Limited IPO Allotment Details
Allotment Timeline
How to Check Allotment
- • Visit registrar's official website
- • Enter PAN or application number
- • Check through broker's platform
- • Use our universal allotment tracker
Tip: Quadrant Future Tek Limited IPO IPO allotment status will be available approximately 2-3 days after the issue closes. Successful applicants will receive shares in their demat account before listing.