Quadrant Future Tek IPO

Quadrant Future Tek IPO is listed on BSE and NSE, priced at ₹275–₹290 per share. The stock debuted at ₹370, delivering a listing gain of 27.6%. The IPO had a lot size of ₹50 shares and a minimum investment of ₹14,500.

Quadrant Future Tek Limited IPO

Mainboard Listed
₹14,500 (50 Shares)
Minimum Investment
Check Allotment
IPO Dates
Jan 7, 2025 – Jan 9, 2025
Price band
₹275-290 per equity share
Minimum Investment
₹14,500
Issue size
₹290 Cr
Lot size
50
Allotment Date
Jan 10, 2025
Listing
Jan 14, 2025
Listing At
BSE, NSE

IPO timeline

  1. Jan 7, 2025

    Open Date

    Completed

  2. Jan 9, 2025

    Close Date

    Completed

  3. Jan 10, 2025

    Allotment Date

    Completed

  4. Jan 14, 2025

    Listing Date

    Completed

Price Summary

Last closing
296.65 (2.29%)
52 week high
531.00
52 week low
248.55
Last update

Quadrant Future Tek IPO Essentials

Quadrant Future Tek IPO Details

Quadrant Future Tek IPO is priced at ₹275-290 per share with a total issue size of 290 crore. The IPO has a lot size of 50 shares and is listed on BSE and NSE.

Issue price
₹275-290 per equity share
Lot size
50 shares
Face value
₹10 Per Equity Share
Issue size
1,00,00,000 shares(aggregating up to ₹290.00 Cr)
Total issue size
1,00,00,000 shares
(aggregating up to ₹290 crore)
Fresh issue
1,00,00,000 shares
(aggregating up to ₹290 crore)
Listing at
BSE, NSE
List price
370.0(NSE)
Listing date
Registrar
Link Intime India Private Ltd
Lead manager
Sundae Capital Advisors

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.

Application Lots Shares Amount
Retail (min) 1 50 ₹14,500
Retail(max) 13 650 ₹1,88,500
sHNI(min) 14 700 ₹2,03,000
sHNI(max) 68 3,400 ₹9,86,000
sHNI(min) 69 3,450 ₹10,00,500

Quadrant Future Tek IPO Documents

Quadrant Future Tek IPO Reservation

Quadrant Future Tek IPO reservation details show category-wise allocation of shares. Out of the total 1,00,00,000 shares, approximately 30% are reserved for QIB, 15% for NII, 10% for retail investors, and 45% for anchor investors.

Investor Category Shares Offered Maximum Allottees
Anchor Investor Shares Offered 45,00,000 (45%)
QIB Shares Offered 30,00,000 (30%)
NII (HNI) Shares Offered 15,00,000 (15%)
bHNI > ₹10L 10,00,000 (10%) 1,428
sHNI < ₹10L 5,00,000 (5%) 714
Retail Shares Offered 10,00,000 (10%) 20,000
Total Shares Offered 1,00,00,000 (100%)

Quadrant Future Tek IPO Analytics

Quadrant Future Tek IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.

Quadrant Future Tek IPO Subscription Status

Quadrant Future Tek IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.

The IPO subscription status indicates investor demand across categories.

As on QIB
NII
bHNI
sHNI
Retail Total
Shares Offered / Reserved 30,00,000
15,00,000
10,00,000
5,00,000
10,00,000 55,00,000
Day 1 07-01-25 05:00 PM
0.05 x
21.51x
17.79x
28.93x
54.84 x 15.86 x
Day 2 08-01-25 05:00 PM
0.46 x
87.22x
78.26x
105.14x
137.21 x 48.99 x
Day 3 09-01-25 05:00 PM
132.54 x
254.06x
260.07x
242.05x
241.68 x 185.53 x
Total No. of Applications
bHNI sHNI Retail
44,19,572 (Approx) 53.79x 244.17x 207.55x

Quadrant Future Tek Valuations

Earnings

EPS Pre IPO
₹4.90/-
EPS Post IPO
-₹6.05/-
P/E Pre IPO
59.13
P/E Post IPO
-47.91

Returns

ROE
33.41%
ROCE
26.12%
RoNW
33.41%
PAT Margin
9.68

Fundamentals

Debt / Equity
1.86
Price / Book
19.73

Data sourced from DRHP / RHP • For educational purposes only

Quadrant Future Tek Financials( In Crs.)

30-Sep-24 31-Mar-24 31-Mar-23 31-Mar-22
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 & Surplus 4.18 34.11 19.42 5.61
Total Borrowing 98.01 81.61 74.00 80.68

Quadrant Future Tek Company & Offer Insights

About Quadrant Future Tek

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.

Quadrant Future Tek Promoter(s)

Mohit Vohra, Amit Dhawan, Amrit Singh Randhawa, Rupinder Singh, Vishesh Abrol, Vivek Abrol, Aikjot Singh, Rajbir Singh Randhawa are the company's promoters of Quadrant Future Tek.

Quadrant Future Tek IPO Issue Objectives

Funding long-term working capital requirements of the Company
Capital expenditure for the development of Electronic Interlocking System
Prepayment or repayment of all or a portion of outstanding working capital term loan availed by the Company
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 Name EPS (Basic) EPS (Diluted) NAV (per share) (Rs) P/E (x) RoNW (%) P/BV Ratio Financial statements
Quadrant Future Tek Limited 4.9 4.9 14.7 N/A 33.41 N/A N/A
Kernex Microsystems (India) Ltd. -16.61 -16.61 63.61 N/A -24.16 8.84 Consolidated
HBL Power Systems Ltd. 10.07 10.07 44.03 61.59 22.87 10.32 Consolidated
Apar Industries Ltd. 212.1 212.1 965.01 49.11 20.8 7.24 Consolidated
Polycab India Ltd. 118.93 118.93 544.95 64.85 21.9 9.31 Consolidated

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.

Quadrant Future Tek IPO - Strengths and Risks

Quadrant Future Tek IPO strengths and risks highlight key business factors, financial position, and market sentiment that may impact investor interest.

Strengths

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.

Risks

Single manufacturing facility dependency risks severe production disruptions.
Internal disputes among promoters risk future operational disruptions.

Contact Information

Contact Details

Quadrant Future Tek

+91 172 402 0228

cs_qftl@quadrantfuturetek.com

https://www.quadrantfuturetek.com/

Village Basma Tehsil, Banur,Dist Mohali - 140417

Registrar Contact Details

Frequently Asked Questions

Click any question to reveal the answer

Quadrant Future Tek IPO is a book-built IPO worth ₹290 crore. The price band is ₹275–₹290 per share. The IPO opens on Jan 7, 2025 and closes on Jan 9, 2025. It will be listed on BSE and NSE. Link Intime India Private Ltd is the registrar.

The price band of Quadrant Future Tek IPO is ₹275 to ₹290 per share.

The lot size of Quadrant Future Tek IPO is 50 shares.

The minimum investment for Quadrant Future Tek IPO is approximately ₹14,500 based on the upper price band .

Quadrant Future Tek IPO opens on Jan 7, 2025 and closes on Jan 9, 2025.

The allotment date of Quadrant Future Tek IPO is Jan 10, 2025.

Quadrant Future Tek IPO is expected to be listed on Jan 14, 2025, on BSE and NSE .

Quadrant Future Tek IPO listed on Jan 14, 2025. It was issued at ₹370.0(NSE) and is currently around ₹296.65 as on 14-May-2026 3:30 PM, which is approximately 2.3% versus issue price. The 52-week high is ₹531.00.

Based on listing and post-listing performance, Quadrant Future Tek IPO delivered around 2.3% over issue price. Whether it was worth applying depends on your risk profile, allocation, and holding horizon.

To buy Quadrant Future Tek IPO shares after listing, log in to your broker app (such as Zerodha, Angel One, Groww, Upstox, ICICI Direct), search the stock symbol, place a delivery/CNC order, and confirm quantity and price.

Quadrant Future Tek IPO valuation snapshot: P/E -47.91, EPS -₹6.05/-, P/B 19.73, RoNW 33.41%, and market cap N/A.

To apply for Quadrant Future Tek IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.

You can check the live subscription status of Quadrant Future Tek IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.

Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.

If you pre-apply for Quadrant Future Tek IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.

You can check Quadrant Future Tek IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Quadrant Future Tek IPO allotment status on IPO Ji for quick and easy access.