Quadrant Future Tek Limited (MAINBOARD)

Jan 7, 2025 - Jan 9, 2025

Price ₹275 - ₹290
Premium ₹210
Lot size 50
Allotment Jan 10, 2025
Listing Jan 14, 2025
Category Lot(s) Qty Amount Reserved
Retail 1 50 14500 20000
sHNI 14 700 203000 714
bHNI 69 3450 1000500 1429

Last updated on 08-Jan-2025 12:39:05

CategoryOfferedAppliedTimes
QIBs30000002804500.09
HNIs15000007993425053.29
 HNIs 10+10000004602610046.03
 HNIs 2+5000003390815067.82
Retail1000000104359550104.36
Total550000018457425033.56
Application-Wise Breakup (Approx. no. of Apps)
CategoryReservedAppliedTimes
HNIs (10L+)1429129989.1
HNIs (2-10L)7144572364.04
Retail20000167880183.94
Subscription Demand (in ₹ crore)
CategoryOfferedDemandTimes
QIBs878.130.09
FIIs-0.24-
DIIs-0.31-
Mutual funds-0.04-
Others-7.54-
HNIs43.52318.0953.29
HNIs 10+291334.7646.03
HNIs 2+14.5983.3467.82
Retail293026.43104.36
Total159.55352.6533.56
QIB Interest Cost per share (7 Days)
@7%
₹0		@8%
₹0		@9%
₹0		@10%
₹0.1		@11%
₹0.1		@12%
₹0.1
About

IPO Details

Issue Size Up to [10000000]equity shares aggregating up to 290 crores
Fresh Issue Up to [10000000]equity shares aggregating up to 290 crores
Issue TypeBook Built Issue IPO
Listing AtNSE,BSE
Share holding pre issue3,00,00,000 Shares
Share holding post issue4,00,00,000 Shares

IPO Reservation

Investor CategoryShares Offered
QIB Shares OfferedNot more than 75% of the Net Offer
Retail Shares OfferedNot less than 10% of the Offer
NII (HNI) Shares OfferedNot less than 15% of the Net Offer

Key Performance Indicators

KPISep-24Mar-24Mar-23
ROE-37.45%33.41%47.03%
ROCE-10.34%26.12%27.20%
RONW-37.45%33.41%47.03%
D/E3.051.862.52
EPS
(basic)		-4.024.94.61
P/E
Pre IPO		59.13
P/E
Post IPO		- 47.91

Financial Statement (Restated) In Crores

Period EndedSep-24Mar-24Mar-23Mar-22
Assets150143119113
Revenue65152153104
Profit After Tax-1215142
Net Worth34442916
Reserves and Surplus434196
Total Borrowing98827481

About Company

Quadrant Future Tek Limited, incorporated in September 2015, specializes in developing next-generation Train Control and Signaling Systems for the Indian Railways' KAVACH project, enhancing safety and reliability for passengers. The company also operates a specialty cable manufacturing facility with an Electron Beam Irradiation Centre, located in Village Basma, Tehsil Banur, District Mohali, Punjab. This facility is dedicated to manufacturing, testing, and developing specialty cables and hardware for the Train Control & Signaling Division. As a technology-driven company, Quadrant Future Tek’s products adhere to ISO, IRIS, and TS standards, following strict Quality Management Systems. As of October 31, 2024, the company employs 295 people across its manufacturing facility, Railway Signaling & Embedded System Design center, and corporate functions.

Lead Manager(s)
SUNDAE CAPITAL ADVISORS PRIVATE LIMITED
Strength

Innovation in Automatic Train Protection Systems: Expertise in developing advanced technologies like KAVACH for enhanced railway safety and operations.

Strategic Partnership: Exclusive MoU with RailTel for targeted railway signaling opportunities in India and abroad.

In-House Capabilities: Robust design and product development capabilities for delivering customized rail signaling products and solutions
Weakness

Litigation and Governance Risks: Past disputes among promoters and potential future conflicts could adversely impact the company's business prospects and operations.

Regulatory Compliance Issues: A pending settlement application with SEBI for delayed compliance under ICDR regulations may affect the company's reputation and operations if the outcome is unfavorable.

Single Manufacturing Facility Dependency: Heavy reliance on one production facility poses risks of operational disruptions, which could adversely affect the company’s financial condition and results
Registrar
LINK INTIME INDIA PRIVATE LIMITED
Tel.: + 91 81 0811 4949
E-mail ID: quadrant.ipo@linkintime.co.in
Website: https://linkintime.co.in/Initial_Offer/public-issues.html