Home Mainboard IPO 2025 Quadrant Future Tek Ltd IPO 2024 – Complete Details of GMP, Price & Allotment
Mainboard IPO 2025

Quadrant Future Tek Ltd IPO 2024 – Complete Details of GMP, Price & Allotment

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Quadrant Future Tek IPO 2024 - A Complete Report on IPO Price, GMP, and Allotment
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IPO Important Information

Category Detail Information
Key Dates IPO Open Date January 7, 2025 (Tuesday)
IPO Close Date January 9, 2025 (Thursday)
Pricing Information Face Value ₹10 per equity share
Issue Price Range ₹* to ₹* per share
Offer Structure Total Issue Size 2,90,00,00,000 shares (aggregating up to ₹* Cr)
Fresh Issue Up to ₹290.00 crore
Offer for Sale Not applicable
Investor Details Lot Size *
Listing Exchange BSE, NSE
IPO Type Book Built Issue

Important Dates of the Issue

Category Detail Information
Key Dates IPO Open Date January 7, 2025 (Tuesday)
IPO Close Date January 9, 2025 (Thursday)
Basis of Allotment January 10, 2025 (Friday)
Initiation of Refunds January 13, 2025 (Monday)
Credit of Shares to Demat January 13, 2025 (Monday)
Listing Date January 14, 2025 (Tuesday)

What is GMP of Quadrant Future Tek Ltd IPO Today?

As of January 3, 2025, the Grey Market Premium (GMP) for the Quadrant Future Tek Ltd IPO is ₹*. This indicates that the shares are expected to list at approximately ₹* per share.

Note: GMP is an unofficial indicator and is based on market speculation; it does not guarantee actual listing performance.

Company Financials

Particulars Dec 2023 (₹ Crores) FY 2023 (₹ Crores) FY 2022 (₹ Crores) FY 2021 (₹ Crores)
Assets 132.87 118.82 112.77 58.69
Revenue 100.41 152.95 104.29 72.89
Total Expense 79.75 133.01 101.34 67.03
Profit After Tax 14.42 13.90 1.94 4.81
Net Worth * 92.32 92.59 88.74
Reserves and Surplus * 90.92 91.19 87.34

Company’s Key Performance Indicators

Key Performance Indicator Value
Return on Capital Employed (ROCE) 27.19%
Return on Equity (ROE) 61.76%
Debt to Equity Ratio 2.52
Return on Net Worth (RoNW) 46.96%
EBITDA Margin (%) 17.37%
After Tax Profit Margin (%) 9.10%
Net Asset Value (NAV) ₹9.81
Earnings Per Share (EPS) ₹4.61 (Basic)
Price/Earning (P/E) Ratio *

Lot Size and Application Amount

Application Lots Shares Amount (₹)
Retail Investor (Minimum Lot) 1 * *
Retail Investor (Maximum Lot) 13 * *
Small HNI Investor (Minimum Lot) 14 * *
Small HNI Investor (Maximum Lot) 67 * *
Big HNI Investor (Minimum Lot) 68 * *

Investor Category-Wise Reservation

Investor Category Reservation
Shares Reserved for QIB 75% of the Net Offer
Shares Reserved for Retail Investors 10% of the Net Offer
Shares Reserved for Non-Institutional Investors (NII) 15% of the Net Offer

Net Cash Flow Generated

Net Cash Flow For the Period Ended Dec 31, 2023 (₹ in crores) FY 2023 (₹ in crores) FY 2022 (₹ in crores) FY 2021 (₹ in crores)
Net Cash Flow from Operating Activities 13.11 29.89 -4.59 5.63
Net Cash Flow from Investing Activities -11.98 -20.02 -31.78 -8.43
Net Cash Flow from Financing Activities -1.01 -9.59 36.39 2.71
Net Increase/(Decrease) in Cash and Bank Balance 0.13 0.28 0.01 -0.09

Customer Segment Wise Revenue Generation

Customer Segment Dec 2023 (₹ in crores) FY 2023 (₹ in crores) FY 2022 (₹ in crores) FY 2021 (₹ in crores)
Indian Railways 48.51 73.76 56.25 19.82
Private Sector (Other) 11.14 9.66 9.25 22.22
Private Sector (Group) 14.68 30.70 35.65 30.48
Public Sector Undertakings 25.18 36.92 3.05 0.31

Key Objectives of the Public Offer

The fund raised through this public offer will be used for the following purposes.

  • To meet the company’s long-term working capital needs.
  • To invest in the development and advancement of the Electronic Interlocking System.
  • To repay the working capital term loans.
  •  General Corporate Expenses.
Promoters of the Company

Mohit Vohra

Amit Dhawan

Amrit Singh Randhawa

Rupinder Singh

Vishesh Abrol

Vivek Abrol

Aikjot Singh

Rajbir Singh Randhawa

Book Running Lead Manager

Sundae Capital Advisors Private Limited

Tel: +91 96 6785 9191 / +91 22 3501 4499

Email: quadrant.ipo@sundaecapital.com

Investor Grievance Email: grievances.mb@sundaecapital.com

Registrar to the Offer

Link Intime India Private Limited

Tel No.: +91 81 0811 4949

Email: quadrant.ipo@linkintime.co.in

Website: www.linkintime.co.in

Company Contact Details

Quadrant Future Tek Limited

Address: Focal Point, Industrial Area, Ludhiana, Punjab, India

Tel No: +91 1762 245509

Email: cs_qftl@quadrantfuturetek.com

Website: www.quadrantfuturetek.com

FAQ about this Public Issue

  1. Q: What are the opening and closing dates for Quadrant Future Tek Limited’s public issue?
    The offering opens on * and closes on *.
  2. Q: Who are the lead managers for this issue?
    The lead manager is Sundae Capital Advisors Private Limited.
  3. Q: Who is the registrar for this offer?
    The registrar is Link Intime India Private Limited.
  4. Q: What is the price band for this public offering?
    The price band is between * and * per equity share.
  5. Q: What is the minimum lot size for retail investors in this equity issue?
    Retail investors can bid for a minimum of * shares, amounting to * at the lower price band.
  6. Q: What are the main objectives of this fundraising initiative?
    The funds will be used for funding long-term working capital requirements, infrastructure development, and debt repayment, along with general corporate purposes.
  7. Q: On which stock exchanges will the shares be traded?
    The equity shares will be listed on *.
  8. Q: What is the total size of the offering?
    The issue comprises * worth of equity shares.
  9. Q: When will the allotment and refund process commence?
    Allotment will begin on *, with refunds processed shortly thereafter.
  10. Q: When will the shares be credited to investors’ Demat accounts?
    Shares will be credited to investors’ Demat accounts on *.
  11. Q: What is the expected listing date for the company’s shares?
    The shares are expected to list on *.
 

It is always beneficial to read Draft Red Herring Prospectus (DRHP) and Red Herring Prospectus (RHP) carefully to better understand its financials and growth opportunities before making a decision.

Looking for more IPO reviews? Check out our IPO Dashboard for recent posts on other Main-board IPO & SME IPOs for the latest market updates.

Note: This article is based on the information received from the company’s official documents, including the Draft Red Herring Prospectus (DRHP) and Red Herring Prospectus (RHP). For up-to-date information on the Grey Market Premium (GMP) for the Quadrant Future Tek Ltd IPO, you may please check our Current GMP, where we will post the latest figures as soon as they are available.

Disclaimer: This article is for educational purposes only. We do not offer any advice on buying or selling securities. Please consult your financial advisor before investing in an IPO or any other securities to make sure that it suits your financial plans and risk tolerance.

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