₹ 14500
₹275- ₹290
50
₹369
28
9 Jan 2025
Download13 Jan 2025
14 Jan 2025
Application Details
The Quadrant Future Tek IPO is set to open on January 7, 2025, and close on January 9, 2025. It will follow a Book Built Issue format with a price band of ₹275 to ₹290 per share and a face value of ₹10 per share. Investors can apply in lots of 50 shares. The total issue size comprises 1,00,00,000 shares, aggregating up to ₹290.00 crore, all of which are part of a fresh issue. Post-IPO, the shareholding will increase from 3,00,00,000 shares to 4,00,00,000 shares. The shares are slated to list on the BSE and NSE on January 14, 2025.
Key dates for the IPO include the basis of allotment on January 10, 2025, initiation of refunds on January 13, 2025, and credit of shares to demat accounts on the same day. Investors using the UPI payment method must confirm their mandate by 5 PM on January 9, 2025.
About Quadrant Future Tek Limited
Company Overview
Quadrant Future Tek Limited, established in September 2015, specializes in the development of next-generation Train Control and Signaling Systems for the Indian Railways’ KAVACH project. The company’s innovative solutions enhance passenger safety and operational reliability. Additionally, it operates a specialty cable manufacturing facility equipped with an Electron Beam Irradiation Centre, further diversifying its technological capabilities.
Manufacturing and Facilities
The company’s advanced manufacturing, testing, and development facility is located in Village Basma, Tehsil Banur, District Mohali, Punjab. This state-of-the-art unit focuses on producing specialty cables and hardware for the Train Control and Signaling Division. The facility adheres to strict quality management standards, including ISO, IRIS, and TS certifications, ensuring the production of reliable and high-quality specialty cables.
Workforce and Expertise
As of October 31, 2024, Quadrant Future Tek Limited employs 295 professionals across its manufacturing unit, Railway Signaling & Embedded System Design center, and corporate offices. The workforce is integral to the company’s technological innovation and operational excellence.
FAQ
IPO stands for "Initial Public Offering." It's the process through which a privately-held company becomes publicly traded by offering its shares to the general public and listing them on a stock exchange for trading. This allows the company to raise capital from investors and grants individuals and institutions the opportunity to invest in and own a portion of the company.
The life cycle of an IPO, or Initial Public Offering, begins with a company's decision to go public. It involves hiring underwriters, registering with regulatory authorities, determining the IPO price, marketing to investors, and the subscription period where investors place orders for shares. After allocation and listing, shares become publicly tradable, and the company enters the secondary market. Ongoing reporting and corporate governance are crucial as the company continues to operate as a publicly-traded entity. The IPO aims to raise capital for growth and provides investors with opportunities to trade shares in the company.
An IPO (Initial Public Offering) is when a private company goes public by selling shares to the public. Investors buy these shares, giving them ownership in the company. It's a way for companies to raise capital and expand. The process involves underwriters, regulatory filings, setting the IPO price, and marketing to investors. After the IPO, shares can be traded on a stock exchange. IPOs offer opportunities and risks, so investors should research and consider carefully.
"Upcoming IPOs" refers to initial public offerings that have been announced by private companies but have not yet occurred. These are companies that plan to go public in the near future by issuing shares to the public and listing them on a stock exchange. Investors often keep an eye on upcoming IPOs as they represent opportunities to invest in companies at their early stages of public trading, potentially capturing growth potential. These offerings are typically accompanied by significant media and investor attention as they approach their launch dates.