Quadrant Future Tek IPO: Pricing, Details, and Analysis

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1. Company Background & Industry Overview

Quadrant Future Tek Limited is focused on the development of next-generation train control and signaling systems. The company plays a key role in enhancing safety and reliability for passengers, especially in the Indian Railways KAVACH project. The industry is witnessing advancements in automation and digitalization, with significant demand for improved rail safety systems.

2. IPO Details

AspectDetails
IPO DateJanuary 7, 2025 to January 9, 2025
Listing DateJanuary 14, 2025
Face Value₹10 per share
Price Band₹275 to ₹290 per share
Lot Size50 Shares
Total Issue Size1,00,00,000 shares (aggregating up to ₹290.00 Cr)
Fresh Issue1,00,00,000 shares (aggregating up to ₹290.00 Cr)
Issue TypeBook Built Issue IPO
Listing AtBSE, NSE
Share Holding Pre Issue3,00,00,000 shares
Share Holding Post Issue4,00,00,000 shares

3. Key Timelines

EventDate
IPO Open DateTuesday, January 7, 2025
IPO Close DateThursday, January 9, 2025
Cut-off Time for UPI Mandate Confirmation5 PM on January 9, 2025
Basis of AllotmentFriday, January 10, 2025
Initiation of RefundsMonday, January 13, 2025
Credit of Shares to Demat AccountsMonday, January 13, 2025
Listing DateTuesday, January 14, 2025

4. IPO Reservation (Investor Categories)

Investor CategoryShares OfferedPercentage
Anchor Investors45,00,00045%
Qualified Institutional Buyers (QIB)30,00,00030%
Non-Institutional Investors (NII)15,00,00015%
Retail Investors10,00,00010%

5. Lot Size

CategoryNumber of LotsSharesInvestment Amount
Retail (Min)150₹14,500
Retail (Max)13650₹1,88,500
HNI (Min)14700₹2,03,000
HNI (Max)683,400₹9,86,000

6. Financial Information

Financial MetricsSep 30, 2024Mar 31, 2024Mar 31, 2023Mar 31, 2022
Assets₹149.66 Cr₹142.82 Cr₹118.82 Cr₹112.77 Cr
Revenue₹65.14 Cr₹151.82 Cr₹152.95 Cr₹104.29 Cr
Profit After Tax₹-12.11 Cr₹14.71 Cr₹13.90 Cr₹1.94 Cr
Net Worth₹34.18 Cr₹44.11 Cr₹29.42 Cr₹15.61 Cr
Total Borrowing₹98.01 Cr₹81.61 Cr₹74.00 Cr₹80.68 Cr

7. Key Valuation Metrics (Pre-IPO)

MetricValue
EPS (₹)₹4.90
P/E Ratio (x)59.13
Price to Book Value19.73
ROE (%)33.41%
Debt/Equity1.86

8. Subscription Details

CategorySubscription TimesShares OfferedShares Bid For
Qualified Institutional Buyers (QIB)139.77 times30,00,00041,93,10,850
Non-Institutional Investors (NII)268.03 times15,00,00040,20,38,350
Retail Investors256.46 times10,00,00025,64,57,450

9. Contact Details

Company Address:
Village Basma, Tehsil Banur, Distt Mohali, Punjab, India

Contact Information:
Email: info@quadrantfuturetek.com
Phone: +91 1234 567 890

Registrar:
Link Intime India Pvt Ltd
Email: enquiry@linkintime.co.in

10. Objectives of the IPO

The funds from the IPO will be used to:

  1. Finance long-term working capital needs.
  2. Capital expenditure for Electronic Interlocking System development.
  3. Prepayment or repayment of outstanding working capital term loans.
  4. General corporate purposes.

11. FAQs

  1. What is the IPO price band for Quadrant Future Tek IPO?
    ₹275 to ₹290 per share.
  2. When is the allotment date?
    The allotment date is January 10, 2025.
  3. What is the lot size for retail investors?
    The minimum lot size is 50 shares.
  4. How can I apply for Quadrant Future Tek IPO?
    You can apply for the Quadrant Future Tek IPO through platforms like Angel One, Zerodha, Upstox, and Groww.
  5. Is the IPO oversubscribed?
    Yes, the IPO was subscribed 195.96 times.
  6. What is the listing date for Quadrant Future Tek IPO?
    The listing date is January 14, 2025.
  7. Can I buy shares after the IPO?
    Yes, shares can be purchased post-listing in the secondary market.

12. Listing Day Performance

IPO NameQuadrant Future Tek IPO
Subscription Status195.96 times
IPO Price₹290 per share
Listing DateJanuary 14, 2025
Open Price₹374.00
High Price₹619.50
Low Price₹506.90
Close Price₹516.25
Gain Percentage15.83%
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