Quadrant Future Tek IPO
Quadrant Future Tek IPO is raising ₹290 crore through a fresh issue of 1 crore shares. Quadrant Future Tek IPO’s estimated listing price is ₹500 (cap price + today’s GMP).The expected percentage gain/loss per share is 72.41% as on 6th of Jan 2025. IPO will open for subscription on 7th Jan, 2025, and close on 9th Jan, 2025. The allotment will be finalized on 10th Jan, 2025, with the shares tentatively listed on the BSE and NSE on 14th Jan, 2025.
The price band for the IPO is ₹275 to ₹290 per share. Retail investors can apply for a minimum lot size of 50 shares, requiring an investment of ₹14,500. Small Non-Institutional Investors (sNII) need a minimum of 14 lots (700 shares), amounting to ₹2,03,000, while large Non-Institutional Investors (bNII) must apply for 69 lots (3,450 shares), amounting to ₹10,00,500.
| IPO Activity | Date |
|---|---|
| IPO Open Date | 07-01-2025 |
| IPO Close Date | 09-01-2025 |
| Basis of Allotment Finalisation Date* | 10-01-2025 |
| Refunds Initiation* | 13-01-2025 |
| Credit of Shares to Demat Account* | 13-01-2025 |
| IPO Listing Date* | 14-01-2025 |
Price Metrics
| Metric | Pre-IPO | Post-IPO |
| P/E (x) | 59.13 | -47.91 |
| EPS (₹) | 4.90 | -6.05 |
Quadrant Future Tek is a research-focused company that develops advanced train control and signalling systems as part of the Indian Railways’ KAVACH project. These systems are designed to provide the highest levels of safety and reliability for rail passengers. The company also operates a specialty cable manufacturing facility equipped with an Electron Beam Irradiation Centre. These specialty cables are used in railway rolling stock and the naval defense industry. The company’s product portfolio includes railway rolling stock cables, naval defense and marine cables, solar PV cables, automotive cables, connectors, and junction boxes.
Financial Performance of Quadrant Future Tek Limited
| Particulars | Year ending on March 31, 2024 | Year ending on March 31, 2023 | Year ending on March 31, 2022 |
|---|---|---|---|
| Revenue from Operation (in ₹ million) | 1,517.56 | 1,528.04 | 1,042.58 |
| Profit After Tax (PAT) (in ₹ million) | 146.92 | 138.16 | 18.94 |
| Return on Equity (“RoE”) (%) | 33.41 | 47.03 | 12.17 |
| Debt to Equity Ratio (x) | 1.86 | 2.52 | 5.19 |
| Total Borrowings (in ₹ million) | 816.14 | 739.96 | 806.81 |
| Return on Capital Employed (RoCE) (%) | 26.12 | 27.20 | 8.43 |
| EBITDA (in ₹ million) | 366.68 | 265.49 | 95.08 |
Registrar for Quadrant Future Tek IPO
Link Intime India Private Limited
- Contact Number:+91-22-4918 6270
- Email Address:quadrant.ipo@linkintime.co.in
Website: Quadrant Future Tek IPO Registrar
Source: NewIPO
