Quadrant Future Tek Limited
Lot Size
1 Lot = 50 Qty |
Min Investment
₹14500 |
Subscription
Oversubscribed |
Listing Gain
0(Points) |
IPO Details
Open Date
Jan 07, 2025 |
Close Date
Jan 09, 2025 |
Allotment Date
Jan 10, 2025 |
Allotment Date
Jan 10, 2025 |
Refund Initiation
Jan 13, 2025 |
Demat Transfer
Jan 13, 2025 |
Listing Date
Jan 14, 2025 |
Fresh Issue
290 |
Offer For Sale
0 |
Issue Price
₹275 to ₹290 |
Face Value
₹10 |
Issue Type
Fresh Issue |
Total Issue Size
290 CR |
QIB + NII Quota
75 + 15% |
Retail Quota
10% |
Listing On
NSE & BSE |
Registrar
Link Intime India Pvt Ltd |
Company Financial Rusult In Crore
PERIOD | ASSET | REVENUE | PROFIT |
---|---|---|---|
30-Sep-2024 | 149.66 | 65.14 | -12.11 |
31-Mar-2024 | 142.82 | 151.82 | 14.71 |
31-Mar-2023 | 118.82 | 152.95 | 13.90 |
31-Mar-2022 | 112.77 | 104.29 | 1.94 |
About The Company
A Quadrant Future Tek Limited was founded in 2015 to supply Indian Railway KAVACH with next-generation train control and signaling systems that are reliable and highly secure for its valued passengers. Additionally, the company manufactures specialty cables for customers worldwide; for every task, its state-of-the-art production plant is paired with an Electron Beam Irradiation Centre.
The company state-of-the-art plant in Basma, Mohali, Punjab, is dedicated to manufacturing, testing, and developing specialty cables and hardware for train control and signaling solutions. Focussing on vital industries including railways, naval defense, renewable energy, and electric vehicles, Quadrant Future Tek combines quality and innovation with a clearly defined system that complies with ISO, IRIS, and TS standards.
Principal Advantages:
1. The business is skilled in creating Automatic Train Protection Systems. For the KAVACH project potential, Quadrant Future Tek and RailTel have an exclusive memorandum of understanding.
2. Enhanced internal design and production skills.
3. Using the newest technology, special cables, and train signaling solutions are available.
4. Prioritise cost-effectiveness, innovation, and stringent quality requirements.
With 295 committed workers as of October 2024, Quadrant Future Tek Limited is driving India infrastructure advancements by consistently advancing railway signalling technology and specialty cable manufacturing.
Quadrant Future Tek - Strength and Weakness
Strength
- Creates innovative train safety technologies for India railways, such as KAVACH.
- Focusses on E-beam cables for military vessels and railroads.
- The expansion of the global railway system is driven by strong relationships.
- An exclusive MOU with RailTel aids international market expansion.
Weakness
- Dependency on a single manufacturing plant runs the danger of serious production disruptions.
- Future operational problems are in danger due to internal disagreements among promoters.