Quadrant Future Tek Limited IPO
The bidding for the Quadrant Future Tek Limited IPO open on Tuesday, January 7, 2025, and   close on Thursday, January 9, 2025. On Friday, January 10, 2025, the allocation for the Quadrant Future Tek IPO is anticipated to be finalized. The tentative listing date for the Quadrant Future Tek IPO is set for Tuesday, January 14, 2025, and it will be listed on the NSE and BSE.
This is a book-built issue, the Quadrant Future Tek IPO. The business plans to generate about ₹290 crores through an initial public offering (IPO), that comprises Total Issue Size 1,00,00,000 shares (aggregating up to ₹290.00 Cr) fresh issue of 1,00,00,000 shares ₹ 290 crores and offer for sale (NA) with face value of ₹10 each.
The price range for Quadrant Future Tek’s IPO is ₹275 to ₹290 per share. The minimum lot size for an application is 50 Shares. Retail investors must make a minimum investment of ₹14500, for B-HNI, the minimum lot size investment is 69 lots (3,450 shares), or ₹10,00,500, and for S-HNI, it is 14 lots (700 shares), or ₹ 2,03000. The retail quota is 10%, QIB is 75%, and HNI is 15%.
In 2024, the company’s revenue was ₹151.82 crores, compared to ₹152.95 crores in 2023. The company’s 2024 profit was ₹14.71 crores, compared to ₹13.9 crores in 2023.
Quadrant Future Tek IPOÂ Details-
| IPO Open Date | Tuesday, January 7, 2025 |
| IPO Close Date | Thursday, January 9, 2025 |
| Listing Date | Tuesday, January 14, 2025 |
| Price Band | ₹275 to ₹290 per share |
| Lot Size | 50 Shares |
| Total Issue Size | 1,00,00,000Â shares, 290 crores |
| Fresh Issue | 1,00,00,000Â shares, 290 crores |
| Offer for Sale | NA |
| Issue Type | Book Built Issue |
| Retail Quata | 10% |
| NII Quata | 15% |
| QIB Quata | 75% |
| Employee Discount | no |
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Quadrant Future Tek IPO Schedule (Provisional) –
Quadrant Future Tek IPO is scheduled to open on Tuesday, January 7, 2025
and close on Thursday, January 9, 2025. IPO listing will take place on Tuesday, January 14, 2025.
| IPO Open Date | Tuesday, January 7, 2025 |
| IPO Close Date | Thursday, January 9, 2025 |
| Basis of Allotment | Friday, January 10, 2025 |
| Refund Process start | Monday, January 13, 2025 |
| Share Credit to Demat | Monday, January 13, 2025 |
| Listing Date | Tuesday, January 14, 2025 |
Quadrant Future Tek IPOÂ Market Lot Size –
The Quadrant Future Tek IPO minimum lot size is 50 Shares with ₹14500 application amount. Investors can bid for a minimum of 50 Shares and in multiples thereof. The minimum and maximum shares and amounts that retail investors and HNI can invest are shown in the table below.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 1 | 50 | ₹14,500 |
| Retail Maximum | 13 | 650 | ₹1,88,500 |
| S-HNI Minimum | 14 | 700 | ₹2,03,000 |
| S-HNI Maximum | 68 | 3400 | ₹9,86,000 |
| B-HNI Minimum | 69 | 3450 | ₹10,00,500 |
Quadrant Future Tek IPOÂ Promoters –
The Promoters of the Company are Amit Dhawan, Amrit Singh Randhawa, Mohit Vohra, Rupinder Singh, Aikjot Singh, and Rajbir Singh Randhawa, Vishesh Abrol and Vivek Abrol.
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Quadrant Future Tek Limited Financial Details –
The company reported Profit of ₹14.71 crores in financial year 2024 compared to Profit of ₹13.9 crores in financial year 2023. The company reported revenue of ₹151.82 crores in 2024 compared to ₹ 500.08 crore in 2023.
| Period Ended | 31-Mar-2024 | 31-Mar-2023 | 31-Mar-2022 | Â | |||
| Revenue | 151.82 | 152.95 | 104.29 | Â | |||
| Profit After Tax | 14.71 | 13.9 | 1.94 | Â | |||
| Net Worth | 44.11 | 29.42 | 15.61 | Â | |||
| Expense | 129.94 | 133.01 | 101.34 | Â | |||
| Total Debt | 81.61 | 74 | 80.68 | Â | |||
|  |  |  | Amount in Crores ₹ |  | |||
| Â | Â | Â | Â | Â | Â | Â | Â |
Quadrant Future Tek IPO Key Performance Indicator (KPI) –
Quadrant Future Tek ROCE is 26.12%, Pre IPO EPS is ₹4.9.
| KPI | Values |
| ROE | 33.41% |
| ROCE | 26.12% |
| Return on Net Worth (RoNW) | 33.41% |
| PAT Margin | 9.68% |
| EBITDA Margin | 24.15% |
| EPS | ₹4.9 |
| P/E Ratio | 59.13 |
| Price to Book Value | 19.73 |
| Debt to equity | 1.86 |
 Quadrant Future Tek IPO Analysis –
| Canara Bank | Share india securities |
| Choice Broking | Nirmal Bang |
| DRChoksey FinServ | Reliance Securities |
| Emkay Global | SBICAP Securities |
| Geojit | Sharekhan |
| Hem Securities | SMC Global |
| ICICIdirect | Sushil Finance |
| IDBI Capital | Swastika Investment |
| Marwadi Shares | Ventura Securities |
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Quadrant Future Tek Peer Group –
| Company | EPS | PE Ratio |
| Kernex Micro Systems Limited | -16.61 | NA |
| HBL Power Systems Limited | 10.07 | 61.59 |
| Apar Industries Limited | 212.1 | 49.11 |
| Polycab India Limited | 118.93 | 64.85 |
 Quadrant Future Tek IPO Lead Managers –
- Sundae capital Advisors
Company’s Contact Details |
| Quadrant Future Tek Limited Village Basma Tehsil Banur, Distt Mohali – 140 417, Punjab, India Phone: +91 1762 245 509; Email: cs_qftl@quadrantfuturetek.com; Website: https://quadrantfuturetek.com/ |
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IPO Registrar’s Details |
| Link Intime India Private Ltd. Phone:Â +91-22-4918 6270 Email:Â quadrant.ipo@linkintime.co.in Website:Â https://linkintime.co.in/Initial_Offer/public-issues.html |
About Quadrant Future Tek –
Quadrant Future Tek Limited, founded in September 2015. Quadrant Future Tek Research is one of the top-notch companies to make innovative systems and research to control the operations of trains. Quadrant Future-Tek is a Technology & Innovation-driven Company Certified to ISO/IRIS/TS Quality Management Systems. The company possesses state-of-the-art Production Electronics Manufacturing & Cable Production facilities at Mohali (Punjab Province, India) and two dedicated Engineering Centers located at Bangalore & Hyderabad. Quadrant people policy is committed to realizing the intrapreneurial qualities in each of its employees by providing equal attention to both passion & profession. The approach to people includes a culture with a vibrant ecosystem that drives ‘ownership’.
The Company Possess Most Modern Production Facilities Including:
- Â State of the Art 2.5 MeV Electron Beam Irradiation facility
- Â Silicone & Polymer Vulcanization line
- Â Unique Polymer formulation Facility
- Â Conductor processing systems
- Â Fully Automated Electronic Manufacturing Line with Integrated Online Test Facility
- Â Fully Automated Testing & Simulation Centre for Development of Safety Critical Systems
- Â Dedicated Fabrication Facility
Quadrant Future Tek Limited In-house Laboratories are equipped to conduct the tests according to most of the internationally recognized test standards, including BIS, IEC, DIN, UIC, BS, UL, CE & CENELEC Standards. All the products undergo rigorous testing before they are a supplier to the customers.
Quadrant Future Tek Mission:
Well, supported by its mission that includes:
- Â Enable, Empower and Engage our people by continuously enhancing their competencies and imbibing the culture of Intrapreneurship.
- Â Invest significantly in Research, Analytics, and Innovation to building Safer, Valuable & Cost-Effective solutions for our customer.
- Â Establish a process of building Deep Relationships with Customers and make them partners while designing solutions
- Â Create a ‘Centre of Excellence’ & build and manage ‘Intellectual Property.’
- Â Building an efficient organization by establishing processes and continuous improvement.
- Â Ensure sustainability by building formidable internal capability while continuing to leverage the expertise of partners/collaborators.
Objects of the Issue –
- 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; and
- General corporate purposes.
- General corporate purposes
Strengths –
- The business is involved in the technological advancement and creation of Automatic Train Protection Systems.
- signed a special MOU with RailTel to explore KAVACH prospects in Indian Railways and other railways across the world.
- Internal design and product development skills that drive our Rail Signaling Solutions & Products.
- Strictly regulated cable production technology for the railroad, naval defense, renewable energy, and electric vehicle industries.
- Modern production facilities that prioritize cost competitiveness and innovation while producing a wide variety of power and control cables.
Risks –
- Disputes among promoters may affect operations and governance.
- Risks to operations arise from a heavy reliance on the Mohali facility.
- Revenue depends on Indian Railways policies and tender awards.
- High working capital needs; shortfalls could severely affect operations.
- Operates mostly through purchase orders and tenders; lacks long-term contracts.
Quadrant Future Tek IPO FAQs-
What is Quadrant Future Tek IPO?
Quadrant Future Tek IPO is a Mainline IPO. The company plans to raise ₹290 crores through an initial public offering. The issue is priced at ₹275 to ₹290 per equity share. The IPO is to be listed on BSE & NSE.
When Quadrant Future Tek IPO will open and close?
The Quadrant Future Tek IPO opens on Tuesday, January 7, 2025 and closes on Thursday, January 9, 2025.
What is Quadrant Future Tek IPO Lot Size?
Quadrant Future Tek IPO lot size is 50 Shares, and the minimum amount required is Rs. 14,500.
What is Quadrant Future Tek IPO Price Band?
Quadrant Future Tek IPO Price Band is ₹ ₹275 to ₹290 per equity share.
What is the Quadrant Future Tek IPO Allotment Date?
The Allotment for the Quadrant Future Tek IPO will be finalized on Friday, January 10, 2025, and the allotted shares will be credited to your demat account by Monday, January 13, 2025.
What is the Quadrant Future Tek IPO Listing Date?
Quadrant Future Tek IPO listing date is Tuesday, January 14, 2025.
How to Apply the Quadrant Future Tek IPO?
You can use your bank account to apply for the Quadrant Future Tek IPO online through ASBA. Additionally, you can apply for ASBA online through your stock brokers using UPI. By completing the offline application, you can also apply through your stock brokers.
How to apply in the IPO?
To apply in the IPO, you need to have a brokerage account. Once the IPO opens, you can place an order through your broker, specifying the number of shares you want. Make sure to check the IPO prospectus for details on pricing and allocation.
What documents are required to apply in the IPO?
To apply in the IPO, you typically need a valid photo ID, proof of address, and your brokerage account details. If you’re applying as an institution, additional documentation may be required.
Can anyone apply in the IPO?
Yes, anyone with a brokerage account can apply in the IPO. However, certain IPOs may have restrictions based on the investor’s profile or the allotment process, so check with your broker for specific guidelines on how to apply in the IPO.