243  Total SME IPOs listed in 2024

9485.84 Crs.  Total funds raised in 2024

219  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

243  Total SME IPOs listed in 2024

9485.84 Crs.  Total funds raised in 2024

219  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

243  Total SME IPOs listed in 2024

9485.84 Crs.  Total funds raised in 2024

219  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

243  Total SME IPOs listed in 2024

9485.84 Crs.  Total funds raised in 2024

219  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

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Quadrant Future Tek Limited

Mohali

Date of DRHP : 02 Jun 2024

Issue Type : Book building Process

IPO Type :
MainBoard IPO

Quadrant Future Basic Details

   Information Technology

Sub Sector: engaged in developing new generation Train Control and Signalling Systems

About the Company

Quadrant Future Tek is research oriented company, engaged in developing new generation Train Control and Signalling Systems that offers the highest level of safety and reliability to rail passengers and also possess an irradiated / E-beam cable manufacturing facility with Electron Beam Irradiation Centre. The Company offers speciality cables for Railways rolling stock and Naval (Defence) industry. The manufacturing facility of the Company also possess end to end infrastructure capabilities for production of Solar Cables & EV Cables. The manufacturing operations of the Company are based in Basma, Mohali and Railway Signalling & Embedded System Design centre at Bengaluru, Karnataka and Hyderabad, Telangana. Quadrant Future Tek believe that company's competitive advantage is technology and innovation-driven approach, company's efficiency in operations, maintaining quality control, experienced domain professionals and design and development team for embedded systems enabling indigenously developed solutions.

Financial Summary (Annualised Basis)

Revenue :
133.88 Cr.

PAT :
19.23 Cr.

Quadrant Future IPO Lead Manager(s)

Sundae Capital Advisors

Quadrant Future IPO Registrar

Link Intime India Private Limited

Quadrant Future DRHP Details

Objects of issue

  • Funding long-term working capital requirements of the company
  • Capital expenditure for development for Electronic Interlocking System;
  • Prepayment or repayment of all or a portion of outstanding working capital term loan availed by the company
  • General corporate purposes.

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FAQs

Quadrant Future Tek operates in Information Technology and engaged in developing new generation Train Control and Signalling Systems. The Issue would be listed on MainBoard. The registrar of the Issue is Link Intime India Private Limited. The IPO type of Quadrant Future Tek is Book building Process and Object of issue is

  • Funding long-term working capital requirements of the company
  • Capital expenditure for development for Electronic Interlocking System;
  • Prepayment or repayment of all or a portion of outstanding working capital term loan availed by the company
  • General corporate purposes.

The DRHP (Draft Red Herring Prospectus) of Quadrant Future Tek IPO was filed on 02 Jun 2024.

No, Quadrant Future Tek IPO is not yet listed. See other upcoming MainBoard IPOs here.

The IPO open date and IPO close date of Quadrant Future Tek are not available now. You can apply in Quadrant Future Tek IPO online using either UPI or ASBA as a payment method. ASBA IPO application can be done through net banking of your bank account. UPI IPO application is also offered by brokers, though they don't handle any banking services.

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