As an investor, deciding whether to apply or not for an IPO can often be challenging. If you are confused and worried about whether to Apply or Not the Quadrant Future Tek IPO. Then worry not here we are describing 10 important key points & in-depth detailed Quadrant Future Tek IPO review which will help you to make the decision.
Quadrant Future Tek IPO Strengths and Weakness
Strength
- As of May 01, 2024, the company started working on innovating train Collision Avoidance Systems and an Electronic Interlocking System under KAVACH for Indian Railways and for other railways as well.
- The company specializes in railway signaling and Embedded System Design centers focused on developing Train Control products and solutions.
- Over the past three years, the company has shown good profitability by achieving a high return on ROE of 41.3%.
Weakness
- The company mostly generates revenue from a few of its key customers, cancellation or delay in delivering their orders or failure or loss of any of the key customers can significantly affect the business, revenue, and cash flow.
- Their company mostly works with Indian Railways and Naval manufacturing units. Any big change by the Ministry of Railways could negatively impact the operations and revenue.
- The company mostly generates revenue from a few of its key customers, cancellation or delay in delivering their orders or failure or loss of any of the key customers can significantly affect the business, revenue, and cash flow.
Quadrant Future Tek IPO Review
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Quadrant Future Tek IPO Details
| IPO Size | ₹290 crores |
| Offer-for-sale | No Offer-for-sale component |
| Fresh issue | ₹290 crores |
| Price band | ₹275 to ₹290 |
| Subscription | Opens on January 7, 2025, and close date is on January 9, 2025 |
| Purpose of IPO | Fresh Issue |
1. Quadrant Future Tek IPO Open and closing date?
The opening date of Quadrant Future Tek IPO is January 7, 2025, and the closing date is January 9, 2025.
2. What is the size of the Quadrant Future Tek IPO?
Quadrant Future Tek decided to raise around ₹290 crores through an IPO. This IPO is entirely a fresh issue of ₹290 crores with no Offer-for-sale component with a face value of 10 each.
3. What are the subscription details of the Quadrant Future Tek IPO?
Quadrant Future Tek IPO price band is set at ₹275 to ₹290 per share. In this IPO a total of 50 shares were available in 1 lot size for the minimum Retail category and for the maximum retail category, 650 shares in 13 lot sizes were available. For S-HNI Minimum category 700 shares were available in 14 lot sizes. While for the B-HNI Minimum category 3,450 shares were available in 69 lot sizes.
To invest in this IPO, each investor category has specific investment amounts:
- Retail Investors: Minimum investment of ₹14,500 and maximum investment of ₹1,88,500.
- Small HNI (S-HNI): Minimum investment of ₹2,03,000.
- Big HSI (S-HNI): A minimum investment of ₹10,00,500 is required.
4. What is the Quadrant Future Tek IPO listing Date?
Quadrant Future Tek is a Mainboard IPO whose shares will be listed on January 14, 2025, on the BSE (Bombay Stock Exchange) & NSE (National Stock Exchange).
5. What are the objectives of the Quadrant Future Tek IPO Issue?
The raised funds will be utilized to complete the company’s ongoing operational needs. Will use the funds for the development of an electronic Interlocking System. Pay and repay all the existing debt taken by the company. At last, use the remaining funds to support general corporate purposes.
6. About Quadrant Future Tek
Quadrant Future Tek was incorporated in 2015 and engages in the business of creating systems and deep research for the operations of trains. This also provides special cables and naval(defense) sectors that were prepared for solar cells and EV cables and have motive behind safety and efficiency of trains. Apart from special cables and cells it also created electron beam irradiated cables for industry assurance and durability.
7. Quadrant Future Tek Financials
Compared to ₹152.95 crore in 2023, the company’s 2024 revenue was ₹151.82 crore. In 2024, the company reported a profit of ₹14.71 crores, compared to ₹13.90 crores in 2023.
8. Quadrant Future Tek IPO Promoters
Mohit Vohra, Amit Dhawan, Amrit Singh Randhawa, Rupinder Singh, Vishesh Abroland Vivek Abrol, Aikjot Singh, And Rajbir Singh Randhawa are the promoters of the company.
9. Who are the Quadrant Future Tek IPO lead managers and registrar?
Sundae Capital Advisors Private Limited is the lead manager of Quadrant Future Tek while Link Intime India Private Limited is the registrar of the company.
10. Should you Apply or not for the Quadrant Future Tek IPO?
Quadrant Future Tek is one of the growing companies known to offer new-generation Train control and Signalling systems that are incorporated to provide extreme safety and dependability to railway customers. Quadrant Future Tek uses advanced technology and an innovation-driver approach making them one of the best in the railway sector. The company also provides cables for the Railway rolling stock and Naval (Defence) industry. These cables are created to offer reliability, durability, and incredible performance no matter what type of environment. Recently the company also got approval from Indian Railways to build the Indigenized KAVACH.
The company also got official approval for the installation of 5 railway stations, 10 trains/locomotives, and 5 Remote Interface Units on the Moula-Ali to Raghunathpalli section of the South Central Railway. Quadrant Future Tek has been growing incredibly their priority is to provide safety and reliability to their customers. Their financial growth and revenue are also amazing making them a trustworthy company. However, investors should apply for this IPO after checking the company’s financial background, and risks and decide if to apply for the IPO or not.
