Quadrant Future Tek IPO
Quadrant Future Tek is set to roll out a Rs 290 crore book. It will comprise entirely a fresh issue of {shares}. The firm is gearing up to list on both the BSE and NSE, marking its entry into the stock market.
Retail investors must make a minimum investment of Rs14500 to apply for the Quadrant IPO. Small NII investors need to invest at least Rs 2,03,000 for 700 shares, equivalent to 14 lots. Large NII investors need a minimum investment of Rs 10,00,500 for 3450 shares, which is 69 lots.
Link Intime India Pvt Ltd has been appointed as the official registrar for this offering. Sundae Capital Advisors is the book running lead manager in this IPO.
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Quadrant Future Tek IPO GMP:
The GMP for Quadrant Future Tek IPO Rs 0, as of 3rd January, 2025 9:30 AM. The expected listing price of the Quadrant Future Tek IPO is Rs 290. There’s 0% of chance of profit/loss. The price band of the Quadrant Future IPO is Rs 290.
Quadrant Future Tek IPO Details
Quadrant Future Tek IPO Opening Date and Closing Date | 7th January to 9th January |
Face Value | Rs 10 per share |
Price Band | 275 – 290 per share |
Lot Size | 50 shares |
Total Issue Size | 1cr Shares (Consisting of Rs 290 Cr) |
Fresh Issue | 1cr Shares (Consisting of Rs 290 Cr) |
Issue Type | Book-Built Type Issue |
Listing At | NSE, BSE |
Shareholding Pre-Issue | 3,00,00,000 Shares |
Basis of Allotment | Friday, 10th January, 2025 |
Refund Initiation | Monday, 13th January, 2025 |
Credit of Shares in Demat | Monday, 13th January, 2025 |
Listing Date | Tuesday, 14th January, 2025 |
Cut-off time for UPI mandate confirmation | 5 PM on 9th January, 2025 |
Draft Red Herring Prospectus | Link |
Red Herring Prospectus | Link |
Quadrant Future IPO shares offered:
Investor Category | Shares Offered |
QIB Shares Offered | Not less than 75.00% of the offer |
Retail Shares Offered | Not more than 10.00% of the Offer |
NII (HNI) Shares Offered | Not more than 15.00% of the Offer |
Quadrant Future IPO Key Finances:
For the period ended on 31st March, 2024 & 31st March, 2023:
Periods Ended | 31st Mar, 2024 | 31st Mar, 2023 |
Assets | Rs 142.82 Cr. | Rs 118.82 Cr. |
Revenue | Rs 151.82 Cr. | Rs 152.95 Cr. |
Profit After Tax | Rs 14.71 Cr. | Rs 13.9 Cr. |
Net Worth | Rs 44.11 Cr. | Rs 29.42 Cr. |
Reserves and Surplus | Rs 34.11 Cr. | Rs 19.42 Cr. |
Total Borrowing | Rs 81.61 Cr. | Rs 74 Cr. |
Quadrant Future Tek IPO: Worth Investing Or Not?
Financial Performance:
Revenue: The company generated Rs 65.14 crore in revenue during the period ended on 30th September, 2024.
Net Worth: The company’s net worth, which represents the total value of the company’s assets minus its liabilities, is Rs 34.18 crore.
Financial Position:
Assets: The company’s total assets amounted to Rs 149.66 crore.
Quadrant Future IPO PI and their values:
The market capitalisation of Quadrant Future Tek IPO is 1160 crore.
KPI | Values |
Return on Equity (ROE) | 33.41% |
Return on Capital Employed (ROCE) | 26.12% |
Return on Net Worth (RoNW) | 33.41% |
Debt-to-Equity (D/E) | 1.86 |
PAT Margin (%) | 9.68 |
Objectives of Quadrant Future Tek IPO
The company plans to use the IPO proceeds for:
- Meeting long-term working capital needs.
- Investing in the development of an Electronic Interlocking System.
- Repaying or prepaying part of its existing working capital loans.
- Covering general corporate expenses.
Key Risks of Investing in Quadrant Future Tek IPO
- The company relies on a single manufacturing facility, making it vulnerable to slowdowns or shutdowns.
- Rapid shifts in customer preferences, technology, and cost pressures could disrupt its business and finances.
- Its recent entry into Train Control Systems lacks secured contracts, making performance in this area uncertain.
- Quadrant Future Tek received a Rs 978.6 crore order in December 2024, but failing to fulfill it could harm its finances and future prospects.
- Past financial errors and sudden profit changes raise concerns about stability and compliance, with potential penalties from Securities and Exchange Board of India (SEBI) or Registrar of Companies (RoC).
Quadrant Future Tek IPO FAQs
What is the price band of the Quadrant Future Tek IPO?
Price band has been fixed at Rs 275 and Rs 90 per share.
What is the retail investor quota of the Quadrant Future Tek IPO?
A maximum of 10% shares shall go to the retail investors.
How can I apply for the Quadrant Future Tek Initial Public Offer?
You can apply through your demat account, banking channels, or other financial institutions during the IPO period.
When is the Last Date of IPO subscription for Quadrant Future Tek?
The cut-off time is 5 PM on 9th January, 2025, but many brokers close applications earlier, typically between 1-3 PM.
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