Quadrant Future Tek Limited IPO is coming on 7 January 2025 and will be running until 9 January 2025 for subscription. This mainboard IPO is looking to raise around ₹290 crores from fresh issues of 1 crore equity shares.
The Quadrant Future Tek IPO allotment date will be finalized on Friday, 10 January 2025. Quadrant Future Tek shares will be probably listed on NSE & BSE on Tuesday, 14 January 2025.
Quadrant Future Tek IPO’s price band has been set at ₹275 to ₹ 290 per share with a minimum ipo lot size of 50 shares per application. The retail investors thus have to invest at least ₹ 14500. The sNII has to subscribe for 14 lots at the least, while the bNII has to pick at least 69 lots if they are subscribing for this IPO. The minimum investments for sNII and bNII thus stand at ₹ 203000 and ₹ 1000500 respectively.
Here Are the Quick Steps to Apply for the Quadrant Future Tek IPO with the Best IPO App!
Quadrant Future Tek NSE IPO Details
| Detail | Information |
| IPO Opening Date | January 7, 2025 |
| IPO Closing Date | January 9, 2025 |
| Tentative IPO Listing Date | January 14, 2025 |
| Face Value | ₹10 per share |
| Price Range | ₹275 to ₹ 290 per share |
| Lot Size | 50 shares |
| Total Issue Size | 10000000 shares (₹290 Cr) |
| Fresh Issue | 10000000 shares (₹290 Cr) |
| IPO Segment | Book Built Issue |
| Listing At | NSE & BSE |
| Share Holding Pre-Issue | 30000000 shares |
| Share Holding Post-Issue | 40000000 shares |
Quadrant Future Tek Limited | Company Overview
Quadrant Future Tek Limited engages in developing train controls and signaling systems, which are super advanced and have next-gen features. The firm was established in the year 2015. The main client of the firm is Indian Railways and particularly, it works for the KAVACH project, which is for enhancing the safety of passengers and boosting reliability.
Apart from these, the company also has a manufacturing unit for specialty cable along with an Electron Beam Irradiation Centre. The facility is located in the Basma Village of Tehsil Banur, in Mohali District. This is for manifesting, as well as testing and developing the specialty cables and other hardware required in the signaling segment, and train controls.
Quadrant Future Tek Ltd.’s products meet the following standards –
- ISO
- IRIS
- TS
The firm adheres to all the guidelines and standards set for the products by Railways, the Renewable Energy sector, the Naval industry, and the EV industry.
Quadrant Future Tek Limited IPO | Key Details
- Quadrant Future Tek IPO Opening Date: January 7, 2025,
- Quadrant Future Tek IPO Closing Date: January 9, 2025.
- Allotment Date: January 10, 2025
- Price Band: ₹275 to ₹290 per share
- Lot Size: 50 shares
- Refunds Initiated: January 13, 2025
- Shares Credited to Demat: January 13, 2025
- Listing Date: January 14, 2025
Quadrant Future Tek Ltd: Financial Overview
Quadrant Future Tek Limited witnessed a marginal jump in the profit (PAT) in FY24 which is by 5.83%, however, the assets, reserves, and net worth of the firm increased significantly during the fiscal.
Here are the details of the financials of the firm
Amounts in ₹ Crore
| Financial Information | FY24 | FY23 | Absolute Change | Change (%) |
| Assets | 142.82 | 118.82 | 24.00 | 20.20 |
| Revenue | 151.82 | 152.95 | -1.13 | -0.74 |
| Profit After Tax | 14.71 | 13.9 | 0.81 | 5.83 |
| Net Worth | 44.11 | 29.42 | 14.69 | 49.93 |
| Reserve & Surplus | 34.11 | 19.42 | 14.69 | 75.64 |
| Total Borrowing | 81.61 | 74 | 7.61 | 10.28 |
FAQs | Quadrant Future Tek Ltd IPO
Quadrant Future Tek Ltd is engaged in the manufacturing of train controls, and signaling systems for the KAVACH project of Indian Railways.
The tentative IPO listing date of Quadrant Future Tek has been fixed as Tuesday, January 14, 2025.
The bidding date for the Quadrant Future Tek IPO is January 7, 2025, and it will continue until January 9, 2025.
The minimum IPO lot size for Quadrant Future Tek is 50 shares.
The IPO allotment is expected to be finalized on Friday, January 10, 2025.
The IPO face value is set at ₹10 per share.
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