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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
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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

Investors can apply for the Quadrant Future Tek IPO through their Demat account via the stock exchange or through their broker.
The issue size of the Quadrant Future Tek IPO is 290 Cr.
Pre-applying for an IPO allows you to submit your application before the official subscription period begins.
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.
Quadrant Future Tek IPO will be open between 2025-01-07 and 2025-01-09.
Quadrant Future Tek IPO allotment date is 2025-01-13. For Quadrant Future Tek IPO allotment status check, you can visit the website of the registrar of the IPO.
For Quadrant Future Tek IPO, the IPO registrar is Link Intime India Private Limited. You can check Quadrant Future Tek IPO allotment status on the website of the registrar.
The shares are proposed to be listed on the BSE and NSE.
The Quadrant Future Tek IPO shares will typically be credited to your demat account one working day before the IPO's listing date, provided your application is successfully allotted.
The Quadrant Future Tek IPO lot size is 50 and minimum order quantity is 50.
Quadrant Future Tek IPO has set the price band for its IPO at 290 per equity share with a face value of 10.