IPO

Quadrant Future Tek Limited IPO

Mainboard

Cables - Electricals

Listed On: Jan 14, 2025 at ₹ 370.0(NSE)

₹ 14500 /50 Shares

Check Allotment

07 Jan, 2025

Open Date

09 Jan, 2025

Close Date

10 Jan, 2025

Allotment Date

14 Jan, 2025

Listing Date
Price Summary

Last Closing

379.50 (30.86%)

52 Week High

744.00

52 Week Low

362.10

Last Update

15-Oct-2025 3:30 PM
Quadrant Future Tek IPO Issue Details
  • Issue Price ₹275-290 per equity share
  • Face Value ₹10 Per Equity Share
  • Total Issue Size 1,00,00,000 shares(aggregating up to ₹290 crore)
  • Fresh Share 1,00,00,000 shares(aggregating up to ₹290 crore)
  • Listing at BSE, NSE
  • List Price 370.0(NSE)
  • Listing Date 2025-01-14
  • Lead Manager Sundae Capital Advisors
  • Registrar Link Intime India Private Ltd
Market Lot Size

Investors can bid for a minimum of 50 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Retail Investors and HNI in terms of shares and amount.

ApplicationLotsSharesAmount
Retail (min)150₹14,500
Retail(max)13650₹1,88,500
SHNI(min) 14700₹2,03,000
SHNI(max) 683,400₹9,86,000
BHNI(min) 693,450₹10,00,500
Quadrant Future Tek IPO Reservation

Quadrant Future Tek IPO offers total 1,00,00,000 shares. Out of which 30,00,000 (30%) allocated to QIB, 15,00,000 (15%) allocated to NII,10,00,000 (10%) allocated to RII, NA (NA%) allocated to employees and 45,00,000 (45%) allocated to Anchor investors.

Investor CategoryShares OfferedMaximum Allottees
Anchor Investor Shares Offered45,00,000 (45%)
QIB Shares Offered30,00,000 (30%)
NII (HNI) Shares Offered15,00,000 (15%)
bNII < ₹10L10,00,000 (10%)
sNII < ₹10L5,00,000 (5%)
Retail Shares Offered10,00,000 (10%)
Total Shares Offered1,00,00,000 (100%)
Quadrant Future Tek IPO Documents
DRHP
RHP
ANCHOR
Quadrant Future Tek IPO Details


Quadrant Future Tek IPO is a book-built issue of ₹290 crores, The total issue size is ₹290 crores. The IPO of Quadrant Future Tek is priced at ₹275-290 per equity share, which has a face value of ₹10 Per Equity Share each, IPO bidding starts from Jan 7, 2025 and ends on Jan 9, 2025. The allotment for Quadrant Future Tek IPO will be finalized on Jan 10, 2025. Quadrant Future Tek IPO will be listed on BSE, NSE, with a tentative listing date fixed as Jan 14, 2025. The company shall list its equity shares on the BSE, NSE. Link Intime India Private Ltd is the registrar of the issue.

Retail investors can bid for a minimum of 50 shares, extendable to 14,500. S-HNIs will be able to bid for 700 shares at ₹2,03,000, while B-HNIs can also apply for a bid of 3,450 shares at ₹10,00,500. The book-running lead manager for the IPO is/are Sundae Capital Advisors.

The total issue ₹290 crore, comprising a fresh issue of 1,00,00,000 shares ₹290 crore
The Quadrant Future Tek IPO sets its price band at 275-290 for each share. A single application for Quadrant Future Tek Limited IPO must contain at least 50 shares. Sentiment investors need to invest a minimum of 50 through their retail account. For investors to prevent oversubscription issues, they should submit bids at the cutoff price, which estimates about ₹14,500 In order to participate in the sNII, investors must purchase at least 14 lots of 700 shares for ₹2,03,000, while the bNII requires 69 lots of 3,450 shares for an investment of ₹10,00,500.

Read More
Quadrant Future Tek IPO Subscription Analysis And Details
Retail
241.68x
QIB
132.54x
NII
254.06x
bNII
260.07x
sNII
242.05x
Total
185.53x
As onQIBNII
bNII   sNII		RetailTotal
Shares Offered / Reserved30,00,00015,00,000
10,00,000    5,00,000		10,00,00055,00,000
Day 1 07-01-25 05:00 PM
0.05 x21.51
17.79 x   28.93 x		54.84 x15.86 x
Day 2 08-01-25 05:00 PM
0.46 x87.22
78.26 x   105.14 x		137.21 x48.99 x
Day 3 09-01-25 05:00 PM
132.54 x254.06
260.07 x   242.05 x		241.68 x185.53 x
Total No of Applications
44,19,572
Subscription on the basis of Applications
Retail:207.55x BHNI:53.79x SHNI:244.17x
Quadrant Future Tek Valuations
EPS Pre IPO ₹4.90/-
EPS Post IPO -₹6.05/-
P/E Pre IPO 59.13
P/E Post IPO -47.91
ROE 33.41%
ROCE 26.12%
Debt/Equity 1.86
RoNW 33.41%
PAT Margin 9.68
Price to Book Value 19.73
Quadrant Future Tek Company Financials
In Crs.
In Cr.
30-Sep-2431-Mar-2431-Mar-2331-Mar-22
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 & Surplus4.1834.1119.425.61
Total Borrowing98.0181.6174.0080.68
About Quadrant Future Tek Company

A Quadrant Future Tek Limited established in the year 2015 next-generation Train Control and Signaling Systems provider to KAVACH by Indian Railways for high security along with reliability toward its esteemed passengers. Company also produces specialty cables for clients of all over world; advanced production facility comes in hand with Electron Beam Irradiation Centre for any work.

Specialty cables and hardware for the train control and signaling solution manufacturing, testing, and development are focused at the company's state-of-the-art facility in Basma, Mohali, Punjab. Quality and innovation with the presence of a well-defined system complying with ISO, IRIS, and TS standards, Quadrant Future Tek focuses on critical sectors such as Railways, Naval Defence, Renewable Energy, and Electric Vehicles.

Key Strengths:
1.⁠ ⁠The company has expertise in the development of Automatic Train Protection Systems. Quadrant Future Tek has an exclusive MoU with RailTel for KAVACH project opportunities.
2.⁠ ⁠Advanced in-house design and manufacturing capabilities.
3.⁠ ⁠Specialty cables and rail signaling solutions using the latest technology.
4.⁠ ⁠Focus on innovation, cost-effectiveness, and strict quality standards.

With a dedicated workforce of 295 employees as of October 2024, Quadrant Future Tek Limited is continuously moving forward with progress in railway signaling technology and specialty cable manufacturing, propelling India's infrastructure developments.

Read More
Quadrant Future Tek - Promoter(s)

Mohit Vohra

Amit Dhawan

Amrit Singh Randhawa

Rupinder Singh

Vishesh Abrol

Vivek Abrol

Aikjot Singh

Rajbir Singh Randhawa

Pre Issue Share Holding : 93.33%

Post Issue Share Holding : 70.00%

Quadrant Future Tek IPO - Issue Objectives
1

Funding long-term working capital requirements of the Company

2

Capital expenditure for the development of Electronic Interlocking System

3

Prepayment or repayment of all or a portion of outstanding working capital term loan availed by the Company

4

General corporate purposes.

Quadrant Future Tek IPO - Anchor Investors

Quadrant Future Tek IPO: Firm mobilises Rs 130.5 crore via anchor book.

Bengal Finance and Investment and Shine Star Build Cap are the largest institutional investors in the anchor book, buying 6.2 lakh equity shares for Rs 17.98 crore, and 6.08 lakh shares for Rs 17.63 crore, respectively.

Whiteoak Capital picked up 5.25 lakh shares through its four schemes for Rs 15.2 crore, while Kotak Manufacture in India Fund purchased 4.75 lakh shares for Rs 13.77 crore.

Apart from these investors, LIC Mutual Fund, Bank of India Mutual Fund, Citigroup, Ashoka Whiteoak ICAV, Shubhkam Ventures, Capri Global Capital, PGIM India, Sundaram Alternative Opportunities Fund, The Argan Fund, Niveshaay Hedgehogs Fund, and Vijit Growth Fund also made investment in Quadrant Future Tek IPO via anchor book.

Quadrant Future Tek IPO - Peers Comparison
Company NameEPS (Basic)EPS (Diluted)NAV (per share) (Rs)P/E (x)RoNW (%)P/BV RatioFinancial statements
Quadrant Future Tek Limited4.94.914.7N/A33.41N/AN/A
Kernex Microsystems (India) Ltd.-16.61-16.6163.61N/A-24.168.84Consolidated
HBL Power Systems Ltd.10.0710.0744.0361.5922.8710.32Consolidated
Apar Industries Ltd.212.1212.1965.0149.1120.87.24Consolidated
Polycab India Ltd.118.93118.93544.9564.8521.99.31Consolidated

Notes:

  1. Net Asset Value per Equity Share is calculated as net worth attributable to equity shareholders at the end of the Fiscal period/year divided by the weighted average number of Equity Shares used in calculating basic earnings per share.
  2. The P/E Ratio has been computed based on the closing market price of equity shares on NSE on December 03, 2024, divided by the Diluted EPS for the year ended March 31, 2024.
  3. Return on Net Worth is computed as net profit / (loss) after tax attributable to equity holders of our Company divided by Net Worth for Equity Shareholders of the Company.
Strength
Innovates train protection systems like KAVACH for India's railways.
Specialises in E-beam cables for railways and naval ships.
Strong partnerships drive global railway system growth.
Exclusive MoU with RailTel aids international market expansion.
Weakness
Single manufacturing facility dependency risks severe production disruptions.
Internal disputes among promoters risk future operational disruptions.
Contact Details

Quadrant Future Tek

Village Basma Tehsil, Banur,Dist Mohali - 140417

+91 172 402 0228

cs_qftl@quadrantfuturetek.com

https://www.quadrantfuturetek.com/

Registrar Contact Details

Link Intime India Private Ltd

+91-22-4918 6270

quadrant.ipo@linkintime.co.in

https://linkintime.co.in/initial_offer/public-issues.html