Quadrant Future Tek
Listed
Listed
IPO Timeline
Issue open date
7 Jan 2025Issue close date
9 Jan 2025UPI mandate deadline
9 Jan 2025Allotment finalization
10 Jan 2025Refund initiation
13 Jan 2025Share credit
13 Jan 2025Listing date
14 Jan 2025Mandate end date
24 Jan 2025Lock-in end date for anchor investors (50%)
9 Feb 2025Lock-in end date for anchor investors (remaining)
10 Apr 2025Key Dates
Open
7 Jan 2025Close
9 Jan 2025Listing
14 Jan 2025Quick Stats
Issue Size:290cr
Lot Size:50 shares
About the Company
Quadrant Future Tek Limited was established in 2015. It focuses on manufacturing specialty cables and advanced train control systems. The company serves key industries such as railways, defence, aerospace, and electric vehicles. With expertise in producing fire-resistant and lightweight cables, it ensures safety and reliability for critical applications. The business also plays a significant role in India’s rail safety with its Kavach system, an advanced automatic train protection system.
Strengths
- Quadrant Future Tek develops a comprehensive train control system enhancing rail safety.
- Signed MoU with RailTel for long-term working capital funding.
- Strong in-house expertise in railway signalling product design and development.
Risks
- Promoter disputes may impact governance and operations.
- Heavy reliance on the Mohali facility poses operational risks.
- Revenue depends on Indian Railways policies and tender awards.
- High working capital needs; shortfalls could severely affect operations.
- Lacks long-term contracts; operates mainly via purchase orders and tenders.
Quadrant Future Tek IPO – Frequently Asked Questions
- The price band for the Quadrant Future Tek IPO is set at ₹275 to ₹290 per share.
- The Quadrant Future Tek IPO opens on January 7, 2025 and closes on January 9, 2025.
- The tentative listing date for the Quadrant Future Tek IPO is January 14, 2025.
- You can apply for the Quadrant Future Tek IPO via your broker or bank using ASBA or UPI. Log in to your trading app (Zerodha, Upstox, Groww, etc.), select IPO section, choose Quadrant Future Tek, enter lot quantity and UPI ID, then approve the mandate.
- The lot size for the Quadrant Future Tek IPO is 50 shares. Investors must apply for at least one lot (i.e., 50 shares).