About
Quadrant Future Tek Limited was established in 2015, focusing on manufacturing specialty cables and advanced train control systems. The company serves key industries such as railways, defence, aerospace, and electric vehicles. With expertise in producing fire-resistant and lightweight cables, it ensures safety and reliability for critical applications. The business also plays a significant role in India’s rail safety with its Kavach system, an advanced automatic train protection system.
Issue size
| Funds Raised in the IPO |
Amount |
| Overall |
₹290 crores |
| Fresh Issue |
₹290 crores |
Financials
| Financial Year Ended |
March 2022 |
March 2023 |
March 2024 |
September 2024 |
| Total Assets |
112.77 |
118.82 |
142.82 |
149.66 |
| Revenue |
104.29 |
152.95 |
151.82 |
65.14 |
| Profit After Tax |
1.94 |
13.9 |
14.71 |
-12.11 |
Strengths
- Quadrant Future Tek develops a comprehensive train control system enhancing rail safety.
- Signed MoU with RailTel for long-term working capital funding.
- Strong in-house expertise in railway signaling product design and development.
Risks
- Promoter disputes may impact governance and operations.
- Heavy reliance on the Mohali facility poses operational risks.
- Revenue depends on Indian Railways policies and tender awards.
- High working capital needs; shortfalls could severely affect operations.
- Lacks long-term contracts; operates mainly via purchase orders and tenders.
Allotment Status for Quadrant Future Tek
To check your allotment status - click here.
IPO schedule
| Issue open date |
2025-01-07 |
| Issue close date |
2025-01-09 |
| UPI mandate deadline |
2025-01-09 (5 PM) |
| Allotment finalization |
2025-01-10 |
| Refund initiation |
2025-01-13 |
| Share credit |
2025-01-13 |
| Listing date |
2025-01-14 |
| Mandate end date |
2025-01-24 |
| Lock-in end date for anchor investors (50%) |
2025-02-09 |
| Lock-in end date for anchor investors (remaining) |
2025-04-10 |
3 Likes