The Quadrant Future Tek IPO is set to open on January 7, 2025, and will close on January 9, 2025. This IPO is a Book Built Issue, with the company aiming to raise approximately ₹290 crores. This includes a fresh issue of ₹290 crores and an offer for sale of up to [.] equity shares with a face value of ₹10 each.
The price band for the Quadrant Future Tek IPO is set at ₹[.] to ₹[.] per share. The allocation for retail investors is 10%, for Qualified Institutional Buyers (QIB) is 75%, and for High Net Worth Individuals (HNI) is 15%. The IPO is scheduled to list on both the BSE and NSE on January 14, 2025, with the allotment date set for January 10, 2025.
In terms of financial performance, the company reported revenue of ₹151.82 crores in 2024, slightly lower than the ₹152.95 crores reported in 2023. However, the company’s profit increased to ₹14.71 crores in 2024 from ₹13.90 crores in 2023. Based on these financials, potential IPO investors are advised to consider a long-term investment strategy.
Quadrant Future Tek IPO Details
| IPO Open Date: | January 7, 2025 |
| IPO Close Date: | January 9, 2025 |
| Face Value: | ₹10 Per Equity Share |
| IPO Price Band: | ₹[.] to ₹[.] Per Share |
| Issue Size: | Approx ₹290 Crores |
| Fresh Issue: | Approx ₹290 Crores |
| Issue Type: | Book Built Issue |
| IPO Listing: | BSE & NSE |
| Retail Quota: | Not more than 10% |
| QIB Quota: | Not more than 75% |
| NII Quota: | Not more than 15% |
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
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Quadrant Future Tek IPO Market Lot
The Quadrant Future Tek IPO minimum market lot is [.] shares with ₹[.] application amount. The retail investors can apply up-to 13 lots with [.] shares of ₹[.] amount.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 1 | 50 | ₹14,500 |
| Retail Maximum | 13 | 650 | ₹1,88,500 |
| S-HNI Minimum | 14 | 700 | ₹2,03,000 |
| B-HNI Minimum | 68 | 3450 | ₹10,00,500 |
Quadrant Future Tek IPO Dates
The Quadrant Future Tek IPO date is January 7, 2025 and the close date is January 9, 2025. The Quadrant Future Tek IPO allotment will be finalized on January 10, 2025 and the IPO listing on January 14, 2025.
| IPO Open Date: | January 7, 2025 |
| IPO Close Date: | January 9, 2025 |
| Basis of Allotment: | January 10, 2025 |
| Refunds: | January 13, 2025 |
| Credit to Demat Account: | January 13, 2025 |
| IPO Listing Date: | January 14, 2025 |
Promoters of Quadrant Future Tek IPO
The promoters of the company are Mohit Vohra, Amit Dhawan, Amrit Singh Randhawa, Rupinder Singh, Vishesh Abroland Vivek Abrol, Aikjot Singh And Rajbir Singh Randhawa.
About Quadrant Future Tek IPO
Quadrant Future Tek Research is a leading company specializing in the development of innovative systems and research aimed at enhancing the control and efficiency of train operations. Established in 2015, our methods play a crucial role in ensuring the safety and effectiveness of trains.
In addition to our groundbreaking research, we also provide specialized cables designed for use in railway and naval sectors. These cables are specifically engineered for solar cells, EV cables, and electron beam irradiation, ensuring industry-leading performance, durability, and safety. Our cables are crafted from fire-resistant materials and treated with electron beam radiation for optimal quality.
At Quadrant Future Tek Research, we are dedicated to railway signaling and Embedded System Design, with a focus on creating cutting-edge Train Control products and solutions. Our team is actively working on developing innovative train Collision Avoidance Systems and an Electronic Interlocking System as part of KAVACH, an Automatic Train Protection System. Our primary goal is to enhance safety and increase capacity on the Indian railway network.
With a team of expert promoters boasting over 20 years of experience in the railway and manufacturing industries, Quadrant Future Tek Research is committed to delivering top-notch solutions that drive progress and innovation in the field.
Quadrant Future Tek IPO Company Financial Report
The company reported revenue of ₹151.82 crores in 2024 against ₹152.95 crore in 2023. The company reported profit of ₹14.71 crores in 2024 against Profit of ₹13.90 crores in 2023.
Amount ₹ in Crores
| Period Ended | Revenue | Expense | Profit After Tax | Assets |
| 2021 | ₹72.89 | ₹67.03 | ₹4.81 | ₹58.69 |
| 2022 | ₹104.29 | ₹101.34 | ₹1.94 | ₹112.77 |
| 2023 | ₹152.95 | ₹133.01 | ₹13.90 | ₹118.82 |
| 2024 | ₹151.82 | ₹129.94 | ₹14.71 | ₹142.82 |
| September 2024 | ₹65.14 | ₹77.63 | ₹12.12 | ₹149.66 |
Quadrant Future Tek IPO Valuation – FY2024
Check Quadrant Future Tek IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| KPI | Values |
| ROE: | 33.41% |
| ROCE: | 26.12% |
| EBITDA Margin: | 24.15% |
| PAT Margin: | 9.68% |
| Debt to equity ratio: | 1.86 |
| Earning Per Share (EPS): | ₹4.90 (Basic) |
| Price/Earning P/E Ratio: | N/A |
| Return on Net Worth (RoNW): | 33.41% |
| Net Asset Value (NAV): | ₹14.70 |
Peer Group Comparison
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
| Kernex Micro Systems Limited | (16.61) | NA | (24.16%) | 63.61 | 19.60 Cr. |
| HBL Power Systems Limited | 10.07 | 61.59 | 22.87% | 44.03 | 22,333.55 Cr. |
| Apar Industries Limited | 212.10 | 49.11 | 20.80% | 965.01 | 16,152.98 Cr. |
| Polycab India Limited | 118.93 | 64.85 | 21.90% | 544.95 | 18,039.44 Cr. |
Objects of the Issue
1. Providing funding for the long-term working capital needs of our company.
2. Investing in the development of an Electronic Interlocking System.
3. Making prepayments or repayments on our company’s outstanding working capital term loan.
4. Utilizing funds for general corporate purposes.
These objectives outline the strategic allocation of resources to support the growth and sustainability of our business.
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