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Quadrant Future Tek IPO
183.45xsubscribed

Quadrant Future Tek IPO

Engineering
listed
₹13,750Min. investment

Quadrant Future Tek IPO Details

SectorEngineering
Price range₹275 – ₹290
IPO type
Regular
Lot size50 shares
Issue size₹290Cr
Red Herring Prospectus
Read
RevenueApr 2023 - Mar 2024
₹151.75CrLower than sector avg
Growth rate3Y CAGR
20.65%Higher than sector avg

Quadrant Future Tek IPO Subscription Status

Date
QIB
NII
Retail
Total
07-Jan-25
0.05 times (X)
21.15 times (X)
54.7 times (X)
15.74 times (X)
08-Jan-25
0.46X
86.07X
137.51X
48.73X
09-Jan-25
132.54X
248.58X
238.49X
183.45X

As on 07-Jan-25, 5:00 PM

Quadrant Future Tek IPO Timeline

  1. Pre-apply
    6 Jan 2025
  2. Bid start
    7 Jan 2025
  3. Bid end
    9 Jan 2025
  4. Allotment
    10 Jan 2025
  5. Release of funds
    13 Jan 2025
  6. Demat transfer
    13 Jan 2025
  7. Listing
    14 Jan 2025

About Quadrant Future Tek

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.

Checklist

Quality analysis
Revenue growth
Company valuation
Earnings expansion
Risk analysis
Debt to Equity ratio
Promoter holdings
Shares pledged
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Objectives of Quadrant Future Tek IPO

Working capital
51.62%
The company will use ₹149.7 Cr of net proceeds for long-term working capital needs.
Capital expenditure
8.40%
Nearly ₹24.37 Cr from the proceeds will be used to develop the Electronic Interlocking System.
Debt payment
8.14%
The company will use ₹23.61 Cr to repay part or all of its working capital loan.
Corporate expenses
Not assigned
A part of the proceeds will be used for general corporate expenses of the company.

Compare

CompanyRevenue*3Y growthPATP/E ratioD/E ratio
This IPO₹151.75Cr20.65%₹14.71Cr59.181.86
This sector (avg.)₹342.41Cr0.01%₹38.53Cr31.540.53
₹10,670.1Cr---₹1,263.5Cr31.400.10
₹2,217.81Cr---₹423.66Cr26.730
₹3,087.59Cr---₹471.9Cr18.040.01

*Revenue for financial year 2023-24. Lower P/E and D/E ratios are generally preferred.

Quadrant Future Tek IPO Contact Details

Company NameQuadrant Future Tek

How to apply for Quadrant Future Tek IPO?

  1. Step 1

    Log in to your Upstox account to access IPO investments. Next, select the current IPO section.

  2. Step 2

    Specify IPO details. Enter the number of lots and the price you wish to apply for.

  3. Step 3

    Enter UPI ID. After entering your UPI ID, click submit. This will place your bid with the exchange.

  4. Step 4

    Mandate Notification. Your UPI app will receive a mandate notification to block funds.

  5. Step 5

    Approve Request. Your funds will be blocked once you approve the mandate request on your UPI.

Quadrant Future Tek IPO FAQs