Quadrant Future Tek Limited IPO GMP Price, Date, Details
Quadrant Future Tek Limited is a well-established Indian company dealing in complex technology such as train control and signaling besides E-beam cables. These positions make the company as not only a provider of solutions that meet and define some of the most important infrastructure requirements across the country, but also as a key player in the development of transportation and industrial industries in India. Company background, products, markets, recent events, and potential future scenarios are discussed in this blog.
Quadrant Future Tek Limited IPO :Company Overview
This company was established with the aim of transforming the train control system and industrial cable systems Quadrant Future Tek operate from Mohali, Punjab. The production facilities are modern and the company has established engineering centres in Bengaluru, Karnataka and Hyderabad, Telangana. Compliant to Quality Management Systems ISO/IRIS/TS, Quadrant Future Tek focuses on the issues of quality, innovation, and security.
Now the company has made coaching to India for improving railway systems and also with involvement in Train Collision Avoidance System, KAVACH. As well as, specialized E-beam cable for rail, track, navy vessels, EVs, and renewable energy applications.
Key Products and Services : Quadrant Future Tek Limited
1. Train control and signaling system
Quadrant Future Tek is one of the top notch signaling solution provider companies in the present days. Its main product, the Train Collision Avoidance System (KAVACH), safely addresses the problem of accidents through trains by providing automatic control. The system incorporates an entirely new generation of technology to meet the problems of the large and densely used railway network in India.
Key features of KAVACH include:
All real time information on movement of trains and their control.
Braking of a car automatically to avoid an accident.
Connection with currently existing railway platforms to facilitate operation and functioning smoothly.
They must meet the international safety requirements.
2. E-beam Cables
E-beam cables are intrinsically required to perform efficiently high-performance jobs in today’s transportation systems and industries. They have become the most preferred cables in the market due to their special performance features such as flame proof, lightweight and high operational durability. Quadrant Future Tek’s expertise in E-beam technology allows it to produce cables suitable for:
Rail vehicles.
Naval vessels.
Electric vehicles (EVs).
Renewable energy systems.
Quadrant Future Tek Limited IPO Details
Quadrant Future Tek Limited to offer its IPO on January 7, 2025 Quadrant Future Tek limited is a well-known developer of control and signaling systems for trains aiming for its IPO. The IPO shall remain open for subscription for a period of twenty months from the date of opening, specifically to January 9, 2025, after which the company seeks to mobilise ₹290 crore through the public issue.
Quadrant Future Tek IPO Details
Issue Size: The offer size is ₹290 crore of which is of fresh issue shares.
Price Band: The price range for the IPO has not also been released in the market yet.
Lot Size: So far, little has been said about the amount of space to be utilized by investors or the minimum area that an investor should acquire.
Listing Date: Its share is expected to be traded under NSE and BSE as a listed Company on 14th January, 2025.
Quadrant Future Tek Limited IPO Details
IPO Date | January 7, 2025 to January 9, 2025 |
Listing Date | January 14, 2025 |
Face Value | ₹10 per share |
Price Band | ₹275 to ₹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 | Book Built Issue IPO |
Listing At | BSE, NSE |
Shareholding Pre Issue | 3,00,00,000 shares |
Shareholding Post Issue | 4,00,00,000 shares |
Quadrant Future Tek Limited IPO Key Dates :
IPO Open Date: January 7, 2025
IPO Close Date: January 9, 2025
Allotment Finalization: January 10, 2025
Refund Initiation: January 13, 2025
Share Credit to Demat Accounts: January 13, 2025
Listing Date: January 14, 2025
Quadrant Future Tek Limited IPO Dates and Timeline
IPO Open Date | Tuesday, January 7, 2025 |
IPO Close Date | Thursday, January 9, 2025 |
Basis of Allotment | Friday, January 10, 2025 |
Initiation of Refunds | Monday, January 13, 2025 |
Credit of Shares to Demat | Monday, January 13, 2025 |
Listing Date | Tuesday, January 14, 2025 |
Cut-off time for UPI mandate confirmation | 5 PM on January 9, 2025 |
Quadrant Future Tek Limited IPO Lot Allotment
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 Limited IPO GMP
Quadrant Future Tek Limited IPO gmp is not available. It is not being traded in Grey Market for now. Let us see what will be the future after Listing.
Objectives of the Quadrant Future Tek Limited IPO
The funds raised through the IPO are intended to be utilized for the following purposes:
Working Capital: Hence, for financing traditional working capital needs that might cover a long timeframe.
Capital Expenditure: For the provision of funds for the installation of an Electronic Interlocking System.
Debt Repayment: To use for prepayment of working capital money or to make different outstanding working capital term loans repayable.
General Corporate Purposes: For other corporate requirements as spelt out in the Red Herring Prospectus.
Quadrant Future Tek Limited Financial Performance
Quadrant Future Tek Limited company was founded in 2015, and they deal with productions of specialty cables and train control systems, railways, defense, aerospace, and electric vehicles. Analyzing the company’s financial ratios with the standard industry setters during the past few years shows the company’s development and the operational issues it has faced.
Financial Performance Overview:
Revenue: The company has generated a new of ₹151.82 crore in the financial year March 31, 2024 er which was slightly leaner than the ₹.152.95 crore earned in the year, March 31, the previous year. This is moderate fluctuation in the organisation’s sales, hence the slightly reduced percentage of about 1%.
Profit After Tax (PAT): In patents and trademark, for the FY 2024 the company has achieved ₹14.71 crore as per the PAT for the same it was ₹ 13.9 crore in the FY 2023 a growth of 6% increment. This improvement means enhanced profitability and organizational performance of the firm.
Total Assets: The gross and net worth of assets as on September 30, 2024 were ₹149.66 crore and ₹34.18 crore respectively thus Net worth has declined marginally during the year ended March 2024.
Net Worth: The net worth has also increased by a very good number from ₹29.42 crore FY 2023 to ₹44.11 crore FY 2024. This spelt-up could be the composite outcome of the company’s increased capacity to retain earnings, bringing about better financial health of the business.
Reserves and Surplus: The reserves and surplus have shown an enhancement from ₹19.42 crore of the FY 2023 to ₹34.11 crore of the FY 2024 to highlight the enhanced organizational solvency and total retained profits.
Total Borrowings: The current borrowings also edged up from ₹74 crore for FY 2023 to ₹81.61 crore for FY 2024 indicating depreciation maybe due to increased leverage possibly for expansion or operations.
Recent Financial Developments:
Half-Year Ending September 30, 2024: That is its gross sales for the year amounting to ₹ 65.14 crore. But it incurred a loss; its PAT was at -₹12.11 crore. This downturn may be as a result of some reasons such as Market changes or high operating costs.
Total Assets and Net Worth: As of September 30, 2024, total assets stood at ₹149.66 crore, with a net worth of ₹34.18 crore, indicating a slight decline in net worth compared to March 2024.
Market Position and Strengths
Quadrant Future Tek has a more suitable product line up and better technology as compared to its competitors. The following factors contribute to its strong market position:
- Recent advancement in Train Protection Systems
The meaning of KAVACH proves the capability of Quadrant of meeting significant safety problems of railways of India. Through offering some of the best modern solutions, the firm has entrenched itself in the railway innovation sphere.
- Long-term familiarity with E-beam Technology
Quadrant’s niche product offering of E-beam cables meets today’s need for effective cabling in transportation and renewable power applications. These cables’ heat resistivity and durability do make the cables vital for critical applications.
- Strategic Partnerships
Quadrant’s refreshed strategy is evident from its already signed MoU with RailTel – a clear indication that the company is keen on increasing its market reach. This partnership is expected to bring new sources of revenue and make the company acquire a solid international presence.
- Experienced Leadership
The executive suite that runs the company is staffed by highly experienced people in the technology and infrastructure industry. Both are long-term strategic thinkers and have great operational experience that has helped Quadrant to grow.
Challenges and Risks
Despite its achievements, Quadrant Future Tek faces certain challenges and risks:
Internal Disputes: The following operational risk relates to the promoter and may well cause disruption to the undertaking and a knock-on impact on confidence on the potential investors.
Legal Proceedings: Continual legal issues cause legal risks and threaten companies’ reputations and performance.
Dependence on a Single Facility: It is therefore less appropriate to own and operate just one manufacturing facility since production may be disrupted by events such as a natural disaster.
Criminal Cases Against Promoters: Possible to present to its promoter directors have negative implications on company image as well as stakeholders.
Conclusion
Quadrant Future Tek is a pioneer both in the technological and industrial sector in the country of India. Through tackling key structural issues through creativity in technology the company has been able to build itself a reputation as a key provider of railway upgrades as well as industrial cables necessities. Despite the aforementioned threats, the company has had a clear strategic management plan that includes strategic undertaking and adequate capital base to support these undertakings. As the company steps further out of its comfort zone, there is no doubt that Quadrant Future Tek has all the potential to be a major player in the international market.
FAQ'S
What is the Quadrant Future Tek Limited IPO ?
The Quadrant Future Tek Limited IPO is a public offering by Quadrant Future Tek Limited to raise approximately ₹290 crores through a fresh issue of shares. This initiative aims to fund the company’s expansion plans and other corporate purposes.
What are the key details of the Quadrant Future Tek IPO ?
IPO Opening Date: January 7, 2025
IPO Closing Date: January 9, 2025
Issue Price Band: ₹275 to ₹290 per share
Lot Size: 50 shares
Minimum Investment: ₹13,750
Total Issue Size: ₹290 crores
Listing Date: January 14, 2025
Listing Exchanges: BSE and NSE
Retail Quota: 10%
QIB Quota: 75%
NII Quota: 15%
What is the purpose of the Quadrant Future Tek Limited IPO ?
The funds raised through the IPO are intended for:
- Funding long-term working capital requirements.
- Capital expenditure for the development of the Electronic Interlocking System.
- Repayment or prepayment of certain outstanding loans.
- General corporate purposes.
What is the Grey Market Premium of the Quadrant Future Tek Limited IPO GMP ?
As of January 3, 2025, there is no active Grey Market Premium (GMP) for the Quadrant Future Tek IPO. GMP reflects the premium at which IPO shares are traded in the grey market before listing, indicating investor sentiment
Is the Quadrant Future Tek IPO suitable for retail investors ?
Investment suitability depends on individual financial goals, risk tolerance, and analysis of the company’s financial health and growth prospects. It’s advisable to review the company’s prospectus and consult with a financial advisor.
