Quadrant Future Tek IPO Date, Allotment Details, Price, Financial Performance, and Insights
Aditya | January 23, 2025
Quadrant Future Tek IPO open date is January 7, 2025, and the IPO will close on January 9, 2025. Quadrant Future Tek IPO is a Book Built Issue. The company aims to raise around ₹290 crores via IPO, comprising a fresh issue of ₹290 crores and an offer for sale up to [.] equity shares with a face value of ₹10 each. Quadrant Future Tek IPO price band is ₹275 to ₹290 per share. The retail quota is 10%, QIB is 75%, and HNI is 15%. Quadrant Future Tek IPO will list on BSE and NSE on January 14, 2025. The allotment date for Quadrant Future Tek IPO is January 10, 2025. The company reported revenue of ₹151.82 crores in 2024 against ₹152.95 crores in 2023. The company reported a profit of ₹14.71 crores in 2024 against a profit of ₹13.90 crores in 2023. Based on the financials, IPO investors should apply for the IPO for the long term.
Quadrant Future Tek IPO Details
Field
Value
ipo title
Quadrant Future Tek IPO
status
Listed
gain percentage
27.59%
subscription
195.96x
price
290
gmp
120
est listing
410 (41.38%)
ipo size
₹ 290.00 Cr
Quadrant Future Tek IPO Dates
Field
Value
lot
50
open
07-Jan
close
09-Jan
boa dt
10-Jan
listing
14-Jan
Quadrant Future Tek IPO Financial Report
The company reported revenue of ₹151.82 crores in 2024 against ₹152.95 crores in 2023. The company reported a profit of ₹14.71 crores in 2024 against a profit of ₹13.90 crores in 2023.
Financial Year
2021
2022
2023
2024
September 2024
Revenue
₹72.89
₹104.29
₹152.95
₹151.82
₹65.14
Expense
₹67.03
₹101.34
₹133.01
₹129.94
₹77.63
Profit
₹4.81
₹1.94
₹13.90
₹14.71
₹12.12
Total Assets
₹58.69
₹112.77
₹118.82
₹142.82
₹149.66
About Quadrant Future Tek IPO
Quadrant Future Tek Research is a leading company focused on innovative railway systems and research to enhance train operations. Founded in 2015, the company develops technologies that improve train safety and efficiency. The company offers specialized cables for the railway and naval (defense) sectors, including solar cell cables and EV cables. Quadrant Future Tek also manufactures electron beam irradiated cables designed for industry assurance and durability. These cables are made with fire-resistant materials and treated with electron beam radiation for enhanced safety. The firm specializes in railway signaling and Embedded System Design, focusing on Train Control products, Train Collision Avoidance Systems, and Electronic Interlocking Systems under KAVACH, an Automatic Train Protection System for Indian Railways. Additionally, the company is led by expert promoters with over 20 years of experience in the railway and manufacturing sectors.
Quadrant Future Tek IPO is a Mainboard IPO where the company aims to raise ₹290 Crores. The issue is priced at ₹275 to ₹290 per equity share and will be listed on BSE & NSE.
When will Quadrant Future Tek IPO open for subscription?
The IPO will open for subscription on January 7, 2025, and will close on January 9, 2025.
What is the investors’ portion for Quadrant Future Tek IPO?
The portion for QIB investors is 75%, for NII is 15%, and for Retail is 10%.
How to apply for the Quadrant Future Tek IPO?
You can apply for the Quadrant Future Tek IPO via ASBA online through your bank account, or via UPI through your stock brokers. Offline forms can also be filled via your stock brokers.
What is the Quadrant Future Tek IPO issue size?
The issue size for Quadrant Future Tek IPO is ₹290 crores.
What is the Quadrant Future Tek IPO price band?
The price band for the IPO is ₹275 to ₹290 per equity share.
What is the Quadrant Future Tek IPO allotment date?
The allotment date for Quadrant Future Tek IPO is January 10, 2025.
What is the Quadrant Future Tek IPO listing date?
The IPO will list on January 14, 2025, on BSE & NSE.
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