Quadrant Future Tek IPO

Quadrant Future Tek Ltd

₹13,750 /50 sharesMinimum Investment

Quadrant Future Tek IPO Details

Bidding DatesMin. InvestmentLot SizePrice Range
7 Jan ‘25 - 9 Jan ‘25₹13,75050₹275 - ₹290
Issue SizeIPO Doc
290.00Cr
RHP PDF

Subscription rate

As of 07 Jan'25, 06:00 PM
Qualified Institutional Buyers0.03x
Non-Institutional Investor20.29x
Retail Individual Investor52.97x
Total15.18x

About Quadrant Future Tek

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.;
Founded in
2015
Managing director
Mr. Mohit Vohra
Parent organisation
Quadrant Future Tek Ltd
Quadrant Future Tek Ltd IPO
https://www.youtube.com/watch?v=SebvRAzThhw

Strengths & Financials of Quadrant Future Tek

Strengths
Risks
Quadrant Future Tek manufactures specialty cables designed for industrial applications where fire safety, lightweight properties, and long-term performance are critical. The company uses in-house developed low-smoke, fire-resistant polymers for cable insulation and sheathing, which are enhanced through electron beam radiation treatment. This process improves the mechanical and thermal properties of the cables.
The company operates a 2.5 MeV electron beam industrial accelerator at its cable manufacturing facility. This technology enhances the mechanical strength, abrasion and thermal resistance, flame propagation resistance, and deformation resistance of the specialty cables. It also extends the cables' lifespan compared to chemically cross-linked alternatives.
Quadrant Future Tek holds several national and international certifications for its specialty cables division, including accreditations from NQA (National Quality Assurance) Certification Limited and ROHS (Restriction of Hazardous Substances) Certification Private Limited.
As a technology and innovation-focused company, Quadrant adheres to IRIS/TS standards (International Railway Industry Standard) and maintains stringent quality systems for its specialty cables. The in-house testing facility is equipped to perform tests for its Train Control and Signaling Division, meeting internationally recognised standards such as Deutsches Institut für Normung (DIN), International Union of Railways (UIC), British Standard (BS), Underwriters Laboratories (UL) and Conformité Européene (CE).
The manufacturing facility is ISO 9001:2015 certified for quality management systems and ISO 14001:2015 certified for environmental management systems.
Quadrant Future Tek has designed and developed both the hardware and software for the KAVACH prototype, which has been implemented by Indian Railways. The KAVACH system complies with Safety Integrity Level-4 (SIL-4) as per the European Committee for Electrotechnical Standardisation (CENELEC) standards and is adopted by the Research Designs & Standards Organisation (RDSO).
The company has seen a consistent increase in profit after tax (PAT). PAT increased from Rs 1.94 crore in FY22 to Rs 13.90 crore in FY23 to Rs 14.71 crore in FY24.

Quadrant Future Tek Financials

*All values are in Rs. Cr
No Graph Data To Display

Application Details of Quadrant Future Tek IPO

Apply asPrice bandApply upto
Regular275 - 290₹2 Lakh
High Networth Individual275 - 290₹2 - 5 Lakh
For Quadrant Future Tek IPO, eligible investors can apply as Regular.
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