Quadrant Future Tek IPO GMP, Open Date, Allotment Status

Quadrant Future Tek IPO open date is 7 January to 9 January 2025. This new IPO is a book-built issue of Rs 290 crore. This upcoming IPO is an entirely fresh issue and no offer-for-sale component is available.

Quadrant Future Tek IPO price band is Rs 275 to Rs 290 per share. As of now, Quadrant Future Tek IPO GMP Live quotation is not yet started.  Live IPO Grey Market Premium details will be visible online.

Quadrant Future Tek IPO lot size is 50 shares. The IPO allotment status will be finalised on Friday, January 10, 2025. Quadrant Future Tek IPO will list on BSE, NSE and listing date is fixed on January 14, 2024. The minimum investment for the retail investors for 1 lot is Rs 14,500. The registrar for the Quadrant Future Tek IPO is Link Intime India Private Limited.

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Quadrant Future Tek IPO GMP

The Quadrant Future Tek IPO GMP has not yet started. The IPO GMP today indicates the huge interest of retail investors. You can check the latest IPO Grey Market Premium today online from the first day of subscription. If the subscription is oversubscribed, then Quadrant Future Tek IPO GMP might rise in the coming days.

Quadrant Future Tek IPO Price Band

Quadrant Future Tek IPO price band is yet to be announced. The minimum amount of investment for the retail category is expected to be around Rs 14,700 and for small NII minimum investment is to be around Rs 2,07,550. The minimum investment for the Big NII is to be around Rs 10,06,950.

Quadrant Future Tek IPO Open Date, Close Date

Quadrant Future Tek IPO open date is Tuesday, 7 January 2025 and closing date is Thursday, 9 January 2025. Initiation of refund date is 13 January 2025 and credit of shares will be on 13 January 2025.

Quadrant Future Tek IPO Allotment Status

Quadrant Future Tek IPO allotment status will be finalised on friday, January 10, 2025. The listing will be on the BSE and NSE platforms on January 14, 2025. The registrar of this IPO is Link Intime India Private Limited. Investors can check their allotment status after the subscription of the IPO ends.

Quadrant Future Tek IPO Listing Date

Quadrant Future Tek IPO listing date is January 14, 2025. The shares will be listed on both the NSE and BSE exchanges. Retail investors can sell the shares after 10 AM on the listing day.

Quadrant Future Tek IPO: Listing Date, Lot Size, Price Band

Quadrant Future Tek IPO Limited: About the Company

Quadrant Future Tek Limited was incorporated in 2015, develops and manufactures next generation Train Control and Signaling Systems for the Indian Railways. The company has a specialty cable manufacturing facility with an Electron Beam Irradiation Centre.

Quadrant Future Tek Limited is technology-driven, with products that meet ISO, IRIS, and TS standards and follow strict Quality Management Systems for specialty cables.

The strength of the company is: 1) It is engaged in the innovation and technological development of Automatic Train Protection Systems. 2) Entered an exclusive Memorandum of Understanding with RailTel to pursue KAVACH opportunities in Indian Railways and other countries' railways.

Quadrant Future Tek IPO Objectives

The funds raised from Quadrant Future Tek IPO will be used for the funding the long term capital needs of the company. Capital expenditure for the development of Electronic Interlocking System. Repayment of the past borrowing availed by the company. The remaining money will be used for general corporate purposes.

Quadrant Future Tek IPO: Key Dates, Allotment, Listing Date

Quadrant Future Tek IPO Subscription Status, IPO Reservation

Quadrant Future Tek IPO subscription status will be available after the IPO opens on 7 january 2025. In the QIB category 75% of the net offer is reserved. The remaining 10% is reserved for the retail investors and 15% is for Non-Institutional investors.

Quadrant Future Tek IPO Lot Size Details

Quadrant Future Tek IPO lot size is 50 shares. For retail, the minimum lot size is 1 lot, amounting to around Rs 14,500 and the maximum is 13 lots, amounting to be around Rs 1,94,699. For small HNI, the minimum lot size is 14, amounting to be around Rs 2,07,522.

Quadrant Future Tek IPO Promoter Holdings

Quadrant Future Tek IPO promoters are Mohit Vohra, Amit Dhawan, Amrit Singh Randhawa, Rupinder Singh, Vishesh Abrol and Vivek Abrol, Aikjot Singh and Rajbir Singh Randhawa. The promoters' shareholdings before the IPO were 93.33%; however, after the IPO, shareholdings will decline.

Quadrant Future Tek Limited Company Financials

Quadrant Future Tek Limited posted revenue of Rs 151.82 crore and net profit of Rs 14.71 crore for the period ending on 31 Mar 2024. The company’s revenue decreased by -1% and PAT increased by 6% between the FY ending on 31 March 2024 and 31 March 2023.

Quadrant Future Tek IPO Registrar

Quadrant Future Tek IPO registrar is Link Intime India Private Limited. On the date of allotment, Investors can click on the registrar website and select the name of the company and enter PAN number or application ID to know their allotment status.

Quadrant Future Tek IPO Lead Managers

Quadrant Future Tek IPO lead managers are Sundae Capital Advisors.

How to apply to Quadrant Future Tek IPO

Interested investors can apply to the Quadrant Future Tek IPO directly from the Bigul trading app and you can also apply by clicking here. Investors can also check the details of other upcoming IPO in Bigul.

Quadrant Future Tek IPO Review

Quadrant Future Tek IPO may get a positive response from the general public. The company manufactures products for Train Control and Signaling Systems. So, investors interested in the electrical equipment manufacturing sector can apply to this IPO.

This upcoming IPO is expected to get a neutral response on the last bidding date. Moreover, if the IPO gets a positive response then Quadrant Future Tek IPO GMP will also rise.

Quadrant Future Tek IPO FAQ

1. What are the details of the Quadrant Future Tek IPO?

Quadrant Future Tek IPO is a book-built issue of Rs 290 crore. This upcoming IPO is an entirely fresh issue and no offer-for-sale component is available.

2. When will the Quadrant Future Tek IPO open and close?

Quadrant Future Tek IPO open date is Tuesday, 7 January 2025 and closing date is Thursday, 9 January 2025. Initiation of refund date is 13 January 2025 and credit of shares will be on 13 January 2025.

3. What is Quadrant Future Tek IPO GMP?

The Quadrant Future Tek IPO GMP has not yet started. The IPO GMP today indicates huge interest of retail investors. You can check the latest IPO Grey Market Premium today online from the first day of subscription. If the subscription got oversubscribed then Quadrant Future Tek IPO GMP might rise in the coming days.

4. What are the details of Quadrant Future Tek IPO Subscription Status?

Quadrant Future Tek IPO subscription status will be available after the IPO opens on 7 january 2025. In the QIB category 75% of the net offer is reserved. The remaining 10% is reserved for the retail investors and 15% is for Non-Institutional investors.

5. Write the details of the IPO Allotment Status?

Quadrant Future Tek IPO allotment status will be finalised on friday, January 10, 2025. The listing will be on the BSE and NSE platforms on January 14, 2025. The registrar of this IPO is Link Intime India Private Limited. Investors can check their allotment status after the subscription of the IPO ends.

6. Who is the registrar and lead managers for Quadrant Future Tek IPO?

Quadrant Future Tek IPO registrar is Link Intime India Private Limited. On the date of allotment, Investors can click on the registrar's website and select the name of the company and enter PAN number or application ID to know their allotment status. The lead managers are IIFL Sundai Capital Advisors Limited.

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