Quadrant Future Tek IPO GMP Today, Date, Price, Subscription Status 

Quadrant Future Tek IPO Overview

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.

Refer to Quadrant Future Tek IPO RHP for detailed information.

Quadrant Future Tek IPO Important dates

Quadrant Future Tek IPO opens on January 7, 2025, and closes on January 9, 2025.

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 IPO Financial Performance

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.

Quadrant Future Tek IPO Key Performance Indicator

The market capitalization of Quadrant Future Tek IPO is Rs 1160.00 Cr.

KPI as of Sun, Mar 31, 2024.

Quadrant Future Tek IPO Objectives

The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:

1. Funding long-term working capital requirements of the Company;
2. Capital expenditure for the development of Electronic Interlocking System;
3. Prepayment or repayment of all or a portion of outstanding working capital term loan availed by the Company; and
4. General corporate purposes.

Quadrant Future Tek IPO Lot Size

Investors can bid for a minimum of 50 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.

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 Details

IPO Date	January 7, 2025 to January 9, 2025
Listing Date	[.]
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
Share Holding Pre Issue	3,00,00,000 shares
Share Holding Post Issue	4,00,00,000 shares

Quadrant Future Tek IPO Company Overview and Services

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 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.

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.

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 SWOT Analysis

Strengths:

• Focus on Niche and Growing Sectors: Targeting railway signaling, telecommunications, and defense provides exposure to sectors with significant growth potential, driven by government infrastructure spending and modernization efforts.
• Technological Expertise: The company likely possesses expertise in specialized technologies related to railway signaling, telecommunications, and defense communication systems.
• Strong Order Book (Potentially): Companies in these sectors often rely on long-term contracts and projects, which can lead to a strong order book and predictable revenue streams (this needs to be verified in the company’s filings).
• Government Focus on Infrastructure Development: The Indian government’s focus on infrastructure development, particularly in railways and defense, creates favorable market conditions.
• KAVACH Technology Involvement: Involvement in projects related to the KAVACH automatic train protection system gives them a significant advantage in the railway sector.

Weaknesses:

• Dependence on Government Spending: A significant portion of revenue likely depends on government contracts and spending, making the company vulnerable to changes in government priorities or budget allocations.
• Competition from Established Players: The company faces competition from larger, established players in the railway and defense sectors, some of which may have greater resources and political influence.
• Technological Obsolescence: Rapid technological advancements in telecommunications and defense can require continuous investment in R&D to remain competitive.
• Project Execution Risks: Large infrastructure projects, especially those involving technology implementation, can face execution challenges, leading to delays and cost overruns.

Opportunities:

• Expansion of Railway Infrastructure: The ongoing expansion and modernization of the Indian railway network present significant growth opportunities for companies providing signaling and communication solutions.
• Growth in Defense Spending: Increasing defense spending by the Indian government creates opportunities for companies with expertise in defense communication and technology.
• Export Potential: There may be opportunities to export their technology and solutions to other countries with similar infrastructure needs.
• Diversification into Related Technologies: The company could diversify into related technology areas, such as cybersecurity or data analytics, to expand its market reach.

Threats:

• Changes in Government Policies: Changes in government policies related to procurement, infrastructure spending, or defense can significantly impact the company’s business.
• Delays in Project Approvals and Funding: Delays in project approvals or funding from government agencies can impact revenue recognition and profitability.
• Competition Based on Pricing: Intense competition can lead to price wars, putting pressure on margins.
• Geopolitical Risks: Geopolitical instability or conflicts can impact defense spending and related projects.

Quadrant Future Tek IPO GMP Details

What is IPO GMP?

The grey market premium (GMP) reflects the unofficial trading price of an IPO before its listing, offering insights into its potential market performance. A positive GMP indicates that the IPO may yield profits, while a negative GMP suggests a possible discount upon listing. However, it’s essential to recognize that IPO GMP can be highly volatile. Therefore, investors should not make decisions solely based on the GMP but should thoroughly assess all relevant factors before investing.

Quadrant Future Tek IPO Subscription Status 

Total Application : 17,61,555

Note:

• *: “Shares Offered” and “Total Amount” are calculated based on the upper price of the issue price range.

• **: The portion of anchor investors (or market makers) is not included in the total number of shares offered.

Quadrant Future Tek IPO Allotment status 

Quadrant Future Tek IPO allotment is expected on Friday, January 10, 2025.

Quadrant Future Tek IPO allotment status is not available at this time. Quadrant Future Tek IPO – The allotment status will be available once the basis of allotment is finalized. Please revisit us to check the latest updates for Quadrant Future Tek Limited IPO allotment status.

To check Quadrant Future Tek IPO allotment status, follow the steps below:

1. Click on the below allotment status check button.
2. Select Company Name.
3. Enter your PAN Number, Application Number or DP Client ID (Anyone).
4. Click on Search.

On securing the allotment, you will receive the credit of equivalent shares in your Demat account.

If you have any concerns or queries about the allotment status, contact Link Intime India Private Ltd either by phone or email. Investors can call on +91-22-4918 6270 or send an email with all relevant details to ipo.helpdesk@linkintime.co.in.

Quadrant Future Tek IPO Contact Details

Quadrant Future Tek Limited
Village Basma Tehsil
Banur,
Distt Mohali – 140417
Phone: +91 172 402 0228
Email: cs_qftl@quadrantfuturetek.com
Website: https://www.quadrantfuturetek.com/

Disclaimer: Investing in Initial Public Offerings (IPOs) involves substantial risk, and financial returns are not guaranteed. The information provided should not be construed as financial or investment advice. Prospective investors are advised to consider their financial situation, investment objectives, and risk tolerance before participating in an IPO. It is recommended to consult with a qualified financial advisor or professional before making any investment decisions. Past performance is not indicative of future results. Investments in IPOs may be subject to market risk, including the potential loss of principal.

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