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Quadrant Future Tek Ltd.

Cable

IPO Details
  • Issue Type Book building
  • Price range Rs.275-290
  • Market Lot 50
  • Total Equity Shares 5799999
  • Face Value Rs. 10
  • Listing Date Jan 14, 2025
IPO Timeline
Opening date Jan 07, 2025
Closing date Jan 09, 2025
Listing Date Jan 14, 2025

IPO Details

Quadrant Future Tek is research oriented company, engaged in developing new generation Train Control andSignalling Systems that offers the highest level of safety and reliability to rail passengers and also possess anirradiated / E-beam cable manufacturing facility with Electron Beam Irradiation Centre. The Company offersspeciality cables for Railways rolling stock and Naval (Defence) industry. The manufacturing facility of theCompany also possess end to end infrastructure capabilities for production of Solar Cables & EV Cables. Themanufacturing operations of the Company are based in Basma, Mohali and Railway Signalling & EmbeddedSystem Design centre at Bengaluru, Karnataka and Hyderabad, Telangana.

Projects

1. Project Name: Funding long-term working capital requirements of our Company

Project Cost: 1497.22

2. Project Name: Capital expenditure for development for Electronic Interlocking System

Project Cost: 243.75

3. Project Name: Prepayment or repayment of all or a portion of outstanding working capital term loan availed by our

Project Cost: 236.19

4. Project Name: General Corporate Purpose

Project Cost: 630.6

Promoters

Prmoters Name

1. Mohit Vohra

2. Amit Dhawan

3. Amrit Singh Randhawa

4. Rupinder Singh

5. Vishesh Abrol

6. Vivek Abrol

7. Aikjot Singh

8. Rajbir Singh Randhawa

Prmoters Holdings
  • Pre Share Capital: 28000000
  • Pre Promoter Holding: 93.33
  • Offer to Public: 2900000000
  • Post Share Capital: 28000000
  • Post Promoter Holding: 70

Registrar

Data not availble

Lead Managers

  • Sundae Capital Advisors Pvt Ltd.

Subscription Details

Field Description Field Value
Ipo Code 2962
Total Equity 5799999

Field Description Field Value
No of Shares Offered/Reserved For Qualified Institutional Buyers 3163636
No of Shares Bid For Qualified Institutional Buyers 419310850
Total No of Shares Bid For Qualified Institutional Buyers 132.54
No of Shares Offered/Reserved For Foreign Institutional Buyers 0
No of Shares Bid For Foreign Institutional Buyers 104897500
Total No of Shares Bid For Foreign Institutional Buyers 0.00
No of Shares Offered/Reserved For Mutual Fund 0
No of Shares Bid For Mutual Fund 16089550
Total No of Shares Bid For Mutual Fund 0.00
No of Shares Offered/Reserved For Qualified Institutional Buyers - Others 0
No of Shares Bid For Qualified Institutional Buyers - Others 298323800
Total No of Shares Bid For Qualified Institutional Buyers - Others 0.00

Field Description Field Value
No of Shares Offered/Reserved For Non-Institutional Buyers 1581818
No of Shares Bid For Non-Institutional Buyers 402908900
Total No of Shares Bid For Non-Institutional Buyers 254.71
No of Shares Offered/Reserved For Corporate 0
No of Shares Bid For Corporate 5395600
Total No of Shares Bid For Corporate 0.00
No of Shares Offered/Reserved For Individuals 0
No of Shares Bid For Individuals 380043800
Total No of Shares Bid For Individuals 0.00
No of Shares Offered/Reserved For Individuals - Others 0
No of Shares Bid For Individual Others 17469500
Total No of Shares Bid For Individual Others 0.00

Field Description Field Value
No of Shares Offered/Reserved For Retail Individual Investor 1054545
No of Shares Bid For Retail Individual Investor 260412750
Total No of Shares Bid For Retail Individual Investor 246.94
No of Shares Offered/Reserved For Retail Individual Investor - Cutoff 0
No of Shares Bid For Retail Individual Investor - Cutoff 227312900
Total No of Shares Bid For Retail Individual Investor - Cutoff 0.00
No of Shares Offered/Reserved For Retail Individual Investor 0
No of Shares Bid For Retail Individual Investor 33099850
Total No of Shares Bid For Retail Individual Investor 0.00

Field Description Field Value
No of Shares Offered/Reserved For Employee 0
No of Shares Bid For Employee 0
Total No of Shares Bid For Employee 0.00
No of Shares Offered/Reserved Employee - Cutoff 0
No of Shares Bid For Employee - Cutoff 0
Total No of Shares Bid For Employee - Cutoff 0.00
Total No of Shares Bid Offered/Reserved For Employee 0
No of Shares Bid Offered/Reserved For Employee 0
Total No of Shares Bid For Employee 0.00

Field Description Field Value
No of Shares Offered/Reserved For All 5799999
No of Shares Bid For All 1082632500
Total 186.66