Bidding for Quadrant Future Tek IPO will begin on 7th Jan 2025 and the last day for bidding is on 9th Jan 2025. The total issue size is ₹290 Cr and it is all fresh issues. The price range has still not been updated till now once we get any update on the price range I will mention it here as soon as possible. The allocation of the share is on 10th Jan 2025 and the stock will be listed on both NSE and BSE stock exchanges.
Refund and credit of share will be on 13th Jan 2025. The face value of Quadrant Future Tek IPO is ₹10. There is not any discount for both Employees and retail investors. Also, all ₹290 Crores is a fresh issue and there is no offer for sale. The current promoter holding is 93.33% and public group holding is 6.67%.
Quadrant Future Tek IPO GMP Trends
| Date | GMP Price | Trend | Kostak | Subject to Sauda |
|---|---|---|---|---|
| 06 -Jan 2025 | ₹180 | – | – | 6800/95200 |
| 05 -Jan 2025 | ₹180 | 📈 | – | 6800/95200 |
| 04 -Jan 2025 | ₹140 | 📈 | – | 5300/74200 |
| 03 -Jan 2025 | – | – | — | – |
| 02-Jan 2025 | – | – | – | – |
| 01-Jan 2025 | – | – | – | – |
| 31-Dec 2024 | – | – | – | – |
Quadrant Future Tek Overview
Quadrant Future Tek IPO was incorporated in 2015, having a corporate office in Mohali, Punjab in the business of manufacturing specialty cables, advanced Train Control Systems, and Interconnect Products. The company manufactures special cables that are capable of bearing fire and safety, are lightweight, and will perform in the long term. Quadrant Future Tek has a state-of-the-art production facility of Electron Beam Irradiated Cables. It manufactures cables for railways, naval defense, cables used in renewable energy, cables used in automotive, and cables used for signaling in railways.
Quadrant Future Tek manufacture system that is used in the avoidance of train collisions is known as the Train Collision Avoidance System. Quadrant Future Tek also manufactures Electronic Interlocking systems that are used in Railways.
Quadrant Future Tek IPO Details
| Stock Symbol | QUADRANT |
| Industry | Electrical Manufacturing |
| Issue Size | ₹290Cr |
| Lot Size | – |
| Price Range | ₹275 – ₹290 |
| Bid Start Date | 7 Jan 2025 |
| Bid End Date | 9 Jan 2025 |
| Allotment Date | 10 Jan 2025 |
| Refund and Share Credit Date | 10 Jan 2025 |
| Listing Date | 14 Jan 2025 |
| Mandate End Date | 24 Jan 2025 |
| Lock-in end Date | 10 Apr 2025 |
| Prospectus | Download |
| Address | FIRST FLOOR, SCO 20-21, Sector 66 A, JLPL, Airport Road, Mohali,Punjab (INDIA)-160062 |
| Email Id | info@quadrantfuturetek.com |
| Phone No | +91-9953333393 |
Quadrant Future Tek Valuation
All the valuations are in crores(Cr) INR. If you want to see more detail on the IPO then follow my blog here.
| Year | Total Assets | Revenue | Profit |
|---|---|---|---|
| 2022 March | 112.77 | 104.29 | 1.94 |
| 2023 March | 118.82 | 152.95 | 13.9 |
| 2024 March | 142.82 | 151.82 | 14.71 |
| 2024 Sep | 149.66 | 65.14 | -12.11 |