Quadrant Future Tek IPO
mainboardlistedAbout the company
Quadrant Future Tek, founded in 2015, develops advanced train control systems and specialty cables used in railways, naval defence, solar, and EVs. Known for innovation, it manufactures Electron Beam Irradiated cables with superior properties. The company also developed KAVACH, a Train Collision Avoidance System for Indian Railways. With a growing revenue and profit, it secured a ₹978.6 crore contract for KAVACH. The company is launching an IPO worth ₹290 crore, to be listed on the NSE and BSE.
Strengths
Risks
Financial performance (₹ Cr)
Subscription breakup (final, times)
IPO Roadmap / Timeline
IPO Opens
Completed07 Jan 2025Bidding starts for all investor categories
IPO Closes
Completed09 Jan 2025Last day to place your bid
Basis of Allotment
Completed10 Jan 2025Share allotment finalised
Refund Initiation
Completed13 Jan 2025Refunds credited for non-allottees
Credit to Demat
Completed13 Jan 2025Allotted shares credited to demat account
Listing on Exchange
Completed14 Jan 2025Shares list on NSE / BSE
Post-close dates are indicative as per SEBI T+3 listing framework and may change per registrar updates.
Lot size & minimum investment
| Investor Type | Min Lots | Min Shares | Min Amount | Max Lots | Max Amount | Notes |
|---|---|---|---|---|---|---|
| Retail | 1 | 50 | ₹14,500 | 13 | ₹188,500 | ≤ ₹2,00,000 |
| sHNI (Small HNI) | 14 | 700 | ₹203,000 | 68 | ₹986,000 | ₹2L – ₹10L |
| bHNI (Big HNI) | 69 | 3450 | ₹1,000,500 | 74 | ₹1,073,000 | > ₹10L |
Shares reserved per category & allotment probability
| Category | Reservation | Shares Offered | Amount (₹ Cr) | Shares Bid | Subscribed | Allotment % |
|---|---|---|---|---|---|---|
| QIB | 50% | 5,132,744 | 145 | 0 | 0.00x | 100% |
| NII | 15% | 1,539,823 | 43.5 | 0 | 0.00x | 100% |
| Retail | 35% | 3,592,920 | 101.5 | 0 | 0.00x | 100% |
Retail is a lottery-based allotment when oversubscribed; QIB/NII get pro-rata. Probability ≈ 1 / subscription times (100% if under-subscribed).
