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183.45x
subscribed
Quadrant Future Tek IPO
Engineering
listed
183.45x
subscribed
₹13,750Min. investment
About Quadrant Future Tek
Issue size
₹290Cr
IPO type
Mainboard
Revenue
Apr 2023 - Mar 2024₹151.75CrLower than sector avg
Price range
₹275 – ₹290
Listing Exchange
BSE, NSEGrowth rate
3Y CAGR20.65%Higher than sector avg
Lot size
50 shares
Red Herring Prospectus
Read
SectorEngineering
Price range₹275 – ₹290
IPO type
Regular
Lot size50 shares
Issue size₹290Cr
Red Herring Prospectus
Read
Revenue
Apr 2023 - Mar 2024₹151.75CrLower than sector avg
Growth rate
3Y CAGR20.65%Higher than sector avg
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Objectives
Working capital
51.62%
Capital expenditure
8.40%
Debt payment
8.14%
Corporate expenses
Not assigned
About Quadrant Future Tek IPO
Quadrant Future Tek, founded in 2015, develops advanced train control systems and specialty cables used in railways, naval defence, solar, and EVs. Known for innovation, it manufactures Electron Beam Irradiated cables with superior properties. The company also developed KAVACH, a Train Collision Avoidance System for Indian Railways. With a growing revenue and profit, it secured a ₹978.6 crore contract for KAVACH. The company is launching an IPO worth ₹290 crore, to be listed on the NSE and BSE.
IPO Subscription Status
Latest News on IPO
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The initial public offering (IPO) of the Quadrant Future Tek Limited will open on Tuesday, January 07, 2025, for subscription and close on Thursday, January 09, 2025. Investors can bid for a minimum of 50 Equity Shares and in multiples of 50 Equity Shares thereafter. The book build issue proposed for listing on the BSE and the NSE, aims to raise ₹290 crore.
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Quadrant Future Tek IPO will be an entirely fresh issue worth ₹290 crore. Train control and signalling systems manufacturer for Indian Railways will launch its IPO on January 7, 2025.
5 min read
Frequently asked questions
How to invest in the IPO?
Investors can apply for the IPO through their Demat account via the stock exchange or through their broker.
What is the issue size of Quadrant Future Tek IPO ?
The issue size of the Quadrant Future Tek IPO is 290 Cr.
What is 'pre-apply' for Quadrant Future Tek IPO ?
Pre-applying for an IPO allows you to submit your application before the official subscription period begins.
Which exchanges will Quadrant Future Tek IPO shares list on?
The IPO shares will typically list on major stock exchanges such as the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE), as specified in the IPO prospectus.
Timeline
- Pre-apply6 Jan 2025
- Bidding starts7 Jan 2025
- Bidding ends9 Jan 2025
- Allotment finalisation10 Jan 2025
- Release of funds13 Jan 2025
- Demat transfer13 Jan 2025
- Listing14 Jan 2025