Quadrant Future Tek Limited
Quadrant Future Tek operates through two primary divisions first being Specialty Cables Division wherein specializes in manufacturing high-performance cables for industrial and specialized applications. During the HY ending Sep 30, 2024, this division contributed 94.15% of the Co's total revenue. Train Signaling Division: The Co. operates a dedicated Railway Signaling & Embedded System Design Centre. The company is actively engaged in the development of Train Collision Avoidance Systems and Electronic Interlocking Systems under KAVACH. On December 12, 2024, the co. received a purchase order from CLW for On-board KAVACH equipment across 1,200 locomotives (Contract value of ₹9,786.06 million).
Price Band₹275 - ₹290 |
Dates07 Jan - 09 Jan |
GMP₹80 (27.59%) |
Subscriptions186.66 times |
Issue Size₹290.00 Crs |
Quadrant Future IPO Objects
1. Funding long-term working capital requirements of our Company;
2. Capital expenditure for development for Electronic Interlocking System;
3. Prepayment or repayment of outstanding working capital term loan.
4. General corporate purposes
Quadrant Future IPO Details
Price Band₹275 - ₹290 |
Listing AtNSE & BSE |
IPO Issue Type100% Book Built Offer |
Fresh Issue₹290.00 Cr (1.00 Cr Shares) |
Offer For Sale₹0.00 (0.00 Shares) |
Total Issue₹290.00 Cr (1.00 Cr Shares) |
Face Value₹10 per equity share |
Quadrant Future IPO Lot Information
| Investor Category | Lot | Shares | Amount | |
|---|---|---|---|---|
| Retail |
Minimum
1
50
14,500
Maximum
13
650
1,88,500
|
|||
| Small HNI |
Minimum
14
700
2,03,000
Maximum
68
3,400
9,86,000
|
|||
| Big HNI |
Minimum
69
3,450
10,00,500
|
|||
Quadrant Future IPO Subscription
Updated as on 09-Jan-2025 19:00:00
| Investor Category | Subscription (times) | Shares Offered | Shared Bid |
|---|---|---|---|
| QIB | 132.54 | 31,63,636 | 41,93,10,850 |
| NII | 254.71 | 15,81,818 | 40,29,08,900 |
| bNII (bids above ₹10L) | 260.07 | 10,54,546 | 27,42,52,100 |
| sNII (bids between ₹2L to ₹10L) | 244.00 | 5,27,272 | 12,86,56,800 |
| Retail | 246.94 | 10,54,545 | 26,04,12,750 |
| Total | 186.66 | 57,99,999 | 1,08,26,32,500 |
Subscription data excludes the Anchor Investor portion.
Quadrant Future IPO GMP
The estimated Grey Market Premium of Quadrant Future IPO is ₹80 per share (27.59%)
- GMPs are available for IPOs with listing dates from May 1, 2025, onwards.
- The GMP prices displayed here reflect news related to grey market trends. We do not trade or deal in the grey market, including subject-to-rates, nor do we recommend participating in grey market trading.
Category Allocation
| Particulars | Allocation |
|---|---|
| QIB | Not less than 75% of Net Offer |
| Big HNIs (NII) | Not more than 10% of Net Offer |
| Small HNIs (NII) | Not more than 5% of Net Offer |
| Retail | Not more than 15% of Net Offer |
Quadrant Future IPO Financials
| Particulars | 30th September 2024 | 31st Mar 2024 | 31st Mar 2023 | 31st Mar 2022 |
|---|---|---|---|---|
| Revenue from Operations | 65.14 | 151.76 | 152.80 | 104.26 |
| Profit after Tax | -12.05 | 14.88 | 13.82 | 1.89 |
| Net Worth | 34.18 | 44.11 | 29.42 | 15.61 |
| Total Borrowing | 98.01 | 81.61 | 74.00 | 80.68 |
| Total Assets | 149.66 | 142.82 | 118.82 | 112.77 |
| NAV per share (in ₹) | 11.39 | 14.70 | 9.81 | 5.20 |
| EPS - Basic (in ₹) | 11.39 | 14.70 | 9.81 | 5.20 |
The financial information presented is on a consolidated basis.
Key Performance Indicators
| KPI | KPI |
|---|---|
| ROCE | 26.12% |
| ROE | 33.41% |
| Debt to Equity | 1.86 |
| EBITDA (%) | 24.15% |
| PAT (%) | 9.68% |
| Price to earning (PE) | 59.18 |
| Mkt Cap (in Crs.) | 1,160 |
| Price to Book (PB) | 19.73 |
- All the data pertains to FY 2023-24.
- PE, PB, and market capitalization are calculated based on the Upper Price Band.
Quadrant Future IPO Peer Comparision
| Particulars | Co. | Kernex Micro Systems Limited | HBL Engineering Limited | Apar industries Limited | Polycab India Limited |
|---|---|---|---|---|---|
| Revenue from operations | 151.76 | 19.60 | 2,233.36 | 16,152.98 | 18,039.44 |
| Profit after Tax | 14.69 | -25.75 | 279.11 | 806.14 | 1,792.67 |
| EPS (Basic) | 4.90 | -16.61 | 10.07 | 212.10 | 118.93 |
| Net Worth | 44.11 | 106.61 | 1,220.54 | 3,876.44 | 8,187.13 |
| NAV per share | 14.70 | 63.61 | 44.03 | 965.01 | 544.95 |
| Price to Earning | 59.18 | NA | 61.59 | 49.11 | 64.85 |
| EBITDA Margin | 24.15% | -99.25% | 19.76% | 10.00% | 15.00% |
| PAT Margin | 9.68% | -131.41% | 12.50% | 4.99% | 9.94% |
- All information pertains to FY 2023-24.
- PE ratio is calculated using the Upper Price Band for the Issuer and the closing price as of December 3, 2024 for Peers
Quadrant Future IPO Peer Comparision
| Particulars | Co. |
|---|---|
| Revenue from operations | 151.76 |
| Profit after Tax | 14.69 |
| EPS (Basic) | 4.90 |
| Net Worth | 44.11 |
| NAV per share | 14.70 |
| Price to Earning | 59.18 |
| EBITDA Margin | 24.15% |
| PAT Margin | 9.68% |
| Kernex Micro Systems Limited | HBL Engineering Limited | Apar industries Limited | Polycab India Limited |
|---|---|---|---|
| 19.60 | 2,233.36 | 16,152.98 | 18,039.44 |
| -25.75 | 279.11 | 806.14 | 1,792.67 |
| -16.61 | 10.07 | 212.10 | 118.93 |
| 106.61 | 1,220.54 | 3,876.44 | 8,187.13 |
| 63.61 | 44.03 | 965.01 | 544.95 |
| NA | 61.59 | 49.11 | 64.85 |
| -99.25% | 19.76% | 10.00% | 15.00% |
| -131.41% | 12.50% | 4.99% | 9.94% |
- All information pertains to FY 2023-24.
- PE ratio is calculated using the Upper Price Band for the Issuer and the closing price as of December 3, 2024 for Peers
Promoter Details
| Name | Shareholding |
|---|---|
| Rupinder Singh | 18.00% |
| Amrit Singh Randhawa | 13.12% |
| Mohit Vohra | 11.67% |
| Amit Dhawan | 11.67% |
| Other Promoters | 38.87% |
Management Details
| Name | Designation |
|---|---|
| Mohit Vohra | Managing Director |
| Satish Gupta | Chairman |
| Amit Kumar Jain | Chief Financial Officer |
Company Details
QUADRANT FUTURE TEK LIMITED
Village Basma Tehsil Banur, Distt Mohali - 140 417, Punjab, India
Email :cs_qftl@quadrantfuturetek.com
Phone :+91 172 402 0228
Website : ww.quadrantfuturetek.com
Book Running Lead Managers (BRLMs)
Sundae Capital
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Visit WebsiteFrequently Asked questions?
Find answers to common questions that come in your mind related to IPO.
Quadrant Future IPO is a Mainboard IPO having an issue size of Rs. ₹290.00 Crs. Quadrant Future IPO is priced at ₹275 - ₹290 per share. The issue opens on 07 Jan 25 and closes on 09 Jan 25.
Quadrant Future IPO opens on 07 Jan 25 and closes on 09 Jan 25.
The estimated Grey Market Premium of Quadrant Future IPO is ₹80 per share (27.59%).
The minimum lot size of Quadrant Future IPO is 50 shares & the minimum application amount is Rs. 14500.
The allotment date of Quadrant Future IPO is 10 Jan 25.
The listing date of Quadrant Future IPO is 14 Jan 25.
Quadrant Future IPO is subscribed 186.66 times.
Quadrant Future IPO is priced at ₹275 - ₹290 per share.
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