Quadrant Future Tek IPO GMP Today, Quadrant Future Tek IPO Grey Market Premium Updates |Quadrant Future Tek IPO, Latest target, Opening gain
Quadrant Future Tek IPO began on – Jan 07, 2025. It will close on – Jan 09, 2025. The Total IPO Size is ₹290.00 Crore Approx. The company set its IPO price is ₹275 to ₹290 per share Per Share. There are three basic categories in Quadrant Future Tek IPO Subscription:- 1) Qualified Institutional Buyers. 2) Non-Institutional Investors. 3) Retail.
Quadrant Future Tek Limited, incorporated in September 2015, develops next-generation Train Control and Signaling Systems for the Indian Railways’ KAVACH project, enhancing safety and reliability for passengers. The company also has a speciality cable manufacturing facility with an Electron Beam Irradiation Centre.
The company is technology-driven, with products that meet ISO, IRIS, and TS standards and follow strict Quality Management Systems for speciality cables.
The company manufactures, tests, and develops speciality cables at its Village Basma, Tehsil Banur facility, District Mohali, Punjab.
The company has a facility in Village Basma, Tehsil Banur, Distt Mohali, for manufacturing, testing, and developing speciality cables and hardware for the Train Control & Signalling Division.
As of October 31, 2024, the company had 295 employees at its manufacturing facility, Railway Signalling & Embedded System Design centre and corporate function.
Competitive Strength:
- The Company is engaged in the innovation and technological development of Automatic Train Protection Systems.
- Entered an exclusive Memorandum of Understanding with RailTel to pursue KAVACH opportunities in Indian Railways and other countries’ railways.
- In-house design and product development capabilities powering our Rail Signalling Products & Solutions.
- Advanced cable manufacturing technology that meets strict standards for Railways, Naval Defence, Renewable Energy, and Electric Vehicle sectors.
- Advanced manufacturing facilities with a diverse range of power and control cables with a focus on innovation and cost competitiveness.
Quadrant Future Tek IPO Details:
| Issuer | Quadrant Future Tek IPO | |
| Issue Type | Book Built Issue IPO | |
| Issue Period | Issue Opens: – Jan 07, 2025 | |
| Issue Closes: – Jan 09, 2025 | ||
| Price Brand | ₹275 to ₹290 per share | |
| Issue Size | ₹290.00 Cr | |
| Face Value | ₹10 per share | |
| Market Lot | 50 Shares | |
| Retail (Max) | ₹1,88,500 | |
| QIB | 50% | |
| HNI | 15% | |
| Retail Individual Bidders | 35% | |
| Listing at | NSE & BSE | |
| ✔️ Apply With | ANGEL Free DEMAT Account | |
| Total Shares | Shares 1,00,00,000 | |
Quadrant Future Tek IPO GMP Rates day by day
Quadrant Future Tek IPO Market Lot:
| 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 IPO Date, Allotment & Listing:
| Quadrant Future Tek IPO Opening Date: | January 7, 2025 |
| Quadrant Future Tek IPO Closing Date: | January 9, 2025 |
| Basis of Allotment: | January 10, 2025 |
| Initiation of Refunds: | January 13, 2025 |
| Credit to Demat Account: | January 13, 2025 |
| Listing Date: | January 14, 2025 |
Quadrant Future Tek Limited Financial Information (Restated)
Quadrant Future Tek Limited’s revenue decreased by -1% and profit after tax (PAT) rose by 6% between the financial year ending with March 31, 2024 and March 31, 2023.
| Period Ended | 30 Sep 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 | ||||||||||||||||||||||||||||||||||||
| 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 and Surplus | 4.18 | 34.11 | 19.42 | 5.61 | ||||||||||||||||||||||||||||||||||||
| Total Borrowing | 98.01 | 81.61 | 74 | 80.68 | ||||||||||||||||||||||||||||||||||||
| Amount in ₹ Crore | ||||||||||||||||||||||||||||||||||||||||
Key Performance Indicator
The market capitalization of Quadrant Future Tek IPO is Rs 1160.00 Cr.
KPI as of Sun, Mar 31, 2024.
| KPI | Values |
|---|---|
| ROE | 33.41% |
| ROCE | 26.12% |
| Debt/Equity | 1.86 |
| RoNW | 33.41% |
| PAT Margin | 9.68 |
| Price to Book Value | 19.73 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (Rs) | 4.90 | -6.05 |
| P/E (x) | 59.13 | -47.91 |
Objects of the Issue (Quadrant Future Tek IPO Objectives)
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
- 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.
Quadrant Future Tek IPO ALLOTMENT STATUS
How to Apply for Quadrant Future Tek IPO?
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How to Apply Quadrant Future Tek IPO through Zerodha?
Log in to the Console in the Zerodha Website or Application. Go to Portfolio and Click on IPO. You will see the IPO Name “Quadrant Future Tek”. Click on the Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open a Demat Account with Zerodha.
How to Apply Quadrant Future Tek IPO through Upstox?
Log in to the Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Quadrant Future Tek”. Click on the Bid Button. Confirm your application. Now go to your UPI App on Net Banking or BHIM App to Approve – the mandate. Open a Demat Account with Upstox.
PARENT COMPANY FOR SHAREHOLDER QUOTA
IPO ALLOTMENT TIPS & TRICKS
Frequently Asked Questions
What is Quadrant Future Tek IPO?
Quadrant Future Tek IPO is a main-board initial public offering of 1,00,00,000 Equity shares of the face value of ₹10 aggregating up to ₹290.00Crores. The issue price of the IPO is ₹275 to ₹290 Per Equity Share. The minimum order quantity is 50 Shares per application and the offer type is Book Built Issue. The IPO opens on –Jan 07, 2025 and closes on –Jan 09, 2025. Link Intime India Private Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
The Quadrant Future Tek IPO opens on –Jan 07, 2025 and closes on –Jan 09, 2025.
How to apply for Quadrant Future Tek IPO?
You can apply in Quadrant Future Tek IPO online using either UPI or ASBA as payment method. Sundae Capital Advisors is the book running lead manager of the Quadrant Future Tek IPO, while Link Intime India Private Ltd is the registrar for the issue.
When Quadrant Future Tek IPO allotment?
The finalization of Basis of Allotment for Quadrant Future Tek IPO will be done on –Jan 10, 2025, and the allotted shares will be credited to your demat account by –Jan 13, 2025.
Check the Quadrant Future Tek IPO allotment status.
When is Quadrant Future Tek IPO listing date?
The Quadrant Future Tek IPO listing date is not yet announced. The tentative date of Quadrant Future Tek IPO listing is – Jan 14, 2025.
What is the lot size of Quadrant Future Tek IPO?
Quadrant Future Tek lot size is 50 Shares and the minimum order quantity is 1 Share.