The IPOList

Blogs

Home

/

QUADFUTURE

Quadrant Future Tek

Quadrant Future Tek

QUADFUTURE

📅

Bidding Dates

7 Jan 2025 - 9 Jan 2025

💰

Price Range

₹275 - ₹290

🔢

Minimum Investment

₹14,500

📊

Issue Size

290Cr

💰

Latest GMP

₹140 (48.28%)

IPO Timeline

1

Issue open date

7 Jan 2025

2

Issue close date

9 Jan 2025

3

UPI mandate deadline

9 Jan 2025

4

Allotment finalization

10 Jan 2025

5

Refund initiation

13 Jan 2025

6

Share credit

13 Jan 2025

7

Listing date

14 Jan 2025

8

Mandate end date

24 Jan 2025

9

Lock-in end date for anchor investors (50%)

9 Feb 2025

10

Lock-in end date for anchor investors (remaining)

10 Apr 2025

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

  1. Quadrant Future Tek develops a comprehensive train control system enhancing rail safety.
  2. Signed MoU with RailTel for long-term working capital funding.
  3. Strong in-house expertise in railway signalling product design and development.

Risks

  1. Promoter disputes may impact governance and operations.
  2. Heavy reliance on the Mohali facility poses operational risks.
  3. Revenue depends on Indian Railways policies and tender awards.
  4. High working capital needs; shortfalls could severely affect operations.
  5. Lacks long-term contracts; operates mainly via purchase orders and tenders.

Grey Market Premium Trend

Made with ❤️ by Harsh Goel
Disclaimer: The content provided on theipolist.in is for educational and informational purposes only. We are not SEBI-registered advisors and are not involved in any grey market trades. Please consult with a registered financial advisor before making any investment decisions.