Quadrant Future Tek Limited
Quadrant Future Tek Limited
Mainboard NSE & BSE 100% Book Built Offer
Closed

Price Band

₹275 - ₹290

Total Issue

₹290 Cr

Bid Dates

07 Jan - 09 Jan

Subscription

196.84x

Listing Price

₹370 (27.59%)

Website RHP Check Allotment

Valuation

Market Cap

₹1,160 Cr

Quadrant Future IPO Dates

Open
Close
Allotment
Refunds
Credit
Listing

Business Overview

Quadrant Future Tek operates through two primary divisions first being Specialty Cables Division wherein specializes in manufacturing high-performance cables for industrial and specialized applications. During the HY ending Sep 30, 2024, this division contributed 94.15% of the Co's total revenue. Train Signaling Division: The Co. operates a dedicated Railway Signaling & Embedded System Design Centre. The company is actively engaged in the development of Train Collision Avoidance Systems and Electronic Interlocking Systems under KAVACH. On December 12, 2024, the co. received a purchase order from CLW for On-board KAVACH equipment across 1,200 locomotives (Contract value of ₹9,786.06 million).

Quadrant Future IPO Lot Size

Lot Information for Quadrant Future IPO
Category 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
Allocate Funds

Category Reservation

QIB 75%
NII 15%
Ret 10%
Employee
₹0.00
Shareholder
₹0.00

Quadrant Future IPO Size

Total ₹290 Cr
Fresh Issue
₹290 Cr (1.00 Cr Shares)
Offer For Sale
₹0 (0.00 Shares)

Objects of Issue

1. Funding long-term working capital requirements of our Company;
2. Capital expenditure for development for Electronic Interlocking System;
3. Prepayment or repayment of outstanding working capital term loan.
4. General corporate purposes

Quadrant Future IPO Live Subscription

Updated as on 09-Jan-2025 19:00:00

Quadrant Future IPO Subscription Status (Mainboard)
Category Sub (x) Offered Bids
QIB 139.77 30,00,000 41,93,10,850
NII 268.61 15,00,000 40,29,08,900
bHNI 274.25 10,00,000 27,42,52,100
sHNI 257.31 5,00,000 12,86,56,800
Retail 260.41 10,00,000 26,04,12,750
Total 196.84 55,00,000 1,08,26,32,500

Subscription data excludes the Anchor Investor portion.

Quadrant Future IPO Details Live GMP

GMP ₹80
Est. Price ₹370
Est. Gain 27.59%

Quadrant Future IPO Peer Comparison

(Rs. in crores)

Quadrant Future IPO Peer Comparison Table
Particulars Co. Kernex Micro Systems Limited HBL Engineering Limited Apar industries Limited Polycab India Limited
Revenue from operations 151.76 19.60 2,233.36 16,152.98 18,039.44
Profit after Tax 14.69 -25.75 279.11 806.14 1,792.67
EPS (Basic) 4.90 -16.61 10.07 212.10 118.93
Net Worth 44.11 106.61 1,220.54 3,876.44 8,187.13
NAV per share 14.70 63.61 44.03 965.01 544.95
Price to Earning 59.18 NA 61.59 49.11 64.85
EBITDA Margin 24.15% -99.25% 19.76% 10.00% 15.00%
PAT Margin 9.68% -131.41% 12.50% 4.99% 9.94%
  • All information pertains to FY 2023-24.
  • PE ratio is calculated using the Upper Price Band for the Issuer and the closing price as of December 3, 2024 for Peers

Quadrant Future IPO Financial Performance

(Rs. in crores)

Financial Performance Metrics for Quadrant Future IPO
Particulars 30th September 2024 31st Mar 2024 31st Mar 2023 31st Mar 2022
Revenue from Operations 65.14 151.76 152.80 104.26
Profit after Tax -12.05 14.88 13.82 1.89
Net Worth 34.18 44.11 29.42 15.61
Total Borrowing 98.01 81.61 74.00 80.68
Total Assets 149.66 142.82 118.82 112.77
NAV per share (in ₹) 11.39 14.70 9.81 5.20
EPS - Basic (in ₹) 11.39 14.70 9.81 5.20

Key Performance Indicators (KPIs)

ROCE

26.12%

ROE

33.41%

Debt to Equity

1.86

EBITDA (%)

24.15%

PAT (%)

9.68%

Price to earning (PE)

59.18

Price to Book (PB)

19.73

  • All the data pertains to FY 2023-24.
    • PE, PB, and market capitalization are calculated based on the Upper Price Band.

Promoter Holding

Promoter

38.87%

Public

61.13%

Rupinder Singh 18.00%
Amrit Singh Randhawa 13.12%
Mohit Vohra 11.67%
Amit Dhawan 11.67%

Management

Mohit Vohra
Managing Director
Satish Gupta
Chairman
Amit Kumar Jain
Chief Financial Officer

Registrar & Lead Managers

Registrar

Link Intime

Lead Managers (1)

Company Details

QUADRANT FUTURE TEK LIMITED

Village Basma Tehsil Banur, Distt Mohali - 140 417, Punjab, India

Email :cs_qftl@quadrantfuturetek.com

Phone :+91 172 402 0228

Website : ww.quadrantfuturetek.com

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Frequently Asked Questions (FAQs)

What is Quadrant Future IPO?
Quadrant Future IPO is a Mainboard IPO having an issue size of ₹290 Crs. Quadrant Future IPO is priced at ₹275 - ₹290 per share. The issue opens on 07 Jan 25 and closes on 09 Jan 25.
When will Quadrant Future IPO open?
Quadrant Future IPO opens on 07 Jan 25 and closes on 09 Jan 25.
What is the GMP of Quadrant Future IPO?
The estimated Grey Market Premium of Quadrant Future IPO is ₹80 per share (27.59%).
What is the lot size of Quadrant Future IPO?
The minimum lot size of Quadrant Future IPO is 50 shares & the minimum application amount is Rs. 14500.
When is the allotment of Quadrant Future IPO?
The allotment date of Quadrant Future IPO is 10 Jan 25.
What is the listing date of Quadrant Future IPO?
The listing date of Quadrant Future IPO is 14 Jan 25.
What is the subscription of Quadrant Future IPO?
Quadrant Future IPO is subscribed 186.66 times.
What is the price band of Quadrant Future IPO?
Quadrant Future IPO is priced at ₹275 - ₹290 per share.
How to check allotment status of Quadrant Future IPO?
Click the allotment link on Quadrant Future IPO page of IPO360.
How to apply Quadrant Future IPO in Zerodha?
  1. Go to Kite App → Tap on Bids → Tap on IPO
  2. Select the IPO → Tap on apply → Enter UPI ID
  3. Enter Qty and Price
  4. Submit the application
  5. Approve the UPI Mandate on your UPI app
How to apply Quadrant Future IPO in Groww?
  1. Go to Groww App → Stocks Section → Select IPO option
  2. Select the IPO you want to apply
  3. Enter your bid details and price
  4. Enter UPI ID & submit
  5. Approve the UPI Mandate on your UPI app
How to apply Quadrant Future IPO using ASBA?
  1. Log in to your bank's net banking portal.
  2. Navigate to the 'IPO' or 'ASBA' section.
  3. Select Quadrant Future IPO from the list of available IPOs.
  4. Enter the required details: Bid quantity, Price, DP ID & Client ID, etc
  5. Submit the application.
  6. Money will remain blocked till the refund date

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