
Quadrant Future Tek IPO Review: Key Details, Financials, and Market Insights
Quadrant Future Tek IPO: The IPO of Quadrant Future Tek is in the headlines for its expected debut in January 2025. This IPO intends to raise ₹290 crores in total through a fresh issue of the same amount. With research solutions on par with international standards in railway and defense, it is promising. Here is the detailed review of the IPO, financials, and market outlook.
Quadrant Future Tek IPO Details
Important Dates
The IPO is scheduled to open on 7th January, 2025, and will close on 9th January, 2025. Investors can expect allotment finalization on 10th January, 2025. Refunds would be initiated on 13th January, 2025. Shares will get credited to demat accounts on the same date. The listing of the IPO is expected to take place on 14th January, 2025, on BSE and NSE.
Market Lot and Investment Details
An investor can apply for a minimum of one lot that contains 50 shares, requiring an application amount of ₹14,500. Maximum lots for the retail investor would be 13, which works out to ₹1,88,500. Details for HNI and Retail Investors are mentioned below:
Company Overview
Set up in 2015, Quadrant Future Tek Research develops high-tech railway safety and efficiency solutions. The major products developed under this banner include Train Collision Avoidance Systems, Electronic Interlocking Systems, and cables for railways, solar, and EV applications. These play key roles in India’s drive for modernization, such as those initiated by the KAVACH Automatic Train Protection System.
Market Lot Table
Application | Lot Size | Shares | Amount |
---|---|---|---|
Retail Minimum | 1 | 50 | ₹14,500 |
Retail Maximum | 13 | 650 | ₹1,88,500 |
S-HNI Minimum | 14 | 700 | ₹2,03,000 |
B-HNI Minimum | 69 | 3,450 | ₹10,00,500 |
Financial Report Table
Period Ended | Revenue | Expense | Profit After Tax | Assets |
---|---|---|---|---|
2021 | ₹72.89 | ₹67.03 | ₹4.81 | ₹58.69 |
2022 | ₹104.29 | ₹101.34 | ₹1.94 | ₹112.77 |
2023 | ₹152.95 | ₹133.01 | ₹13.90 | ₹118.82 |
2024 | ₹151.82 | ₹129.94 | ₹14.71 | ₹142.82 |
The company has experienced leadership, including a roster of seasoned promoters having over two decades of experience with railway and manufacturing companies.
Peer Comparison Table
Company | EPS | PE Ratio | RoNW % | NAV | Income |
---|---|---|---|---|---|
Kernex Micro Systems Limited | (16.61) | NA | (24.16%) | 63.61 | 19.60 Cr. |
HBL Power Systems Limited | 10.07 | 61.59 | 22.87% | 44.03 | 22,333.55 Cr. |
Apar Industries Limited | 212.10 | 49.11 | 20.80% | 965.01 | 16,152.98 Cr. |
Polycab India Limited | 118.93 | 64.85 | 21.90% | 544.95 | 18,039.44 Cr. |