Quadrant Future Tek IPO
Quadrant Future Tek Limited
Minimum investment
Quadrant Future Tek IPO Details
Bidding date
07 Jan - 09 Jan 2025
Price range
—
Minimum quantity
50
Minimum investment
₹13,750
Issue size
—
IPO doc (link)
RHP docsListing exchange
NSE/BSE
Quadrant Future Tek IPO Dates & Timeline
About Quadrant Future Tek IPO: Company Overview
Quadrant Future Tek Limited is research oriented company, engaged in developing new generation Train Control and Signalling Systems that offers the highest level of safety and reliability to rail passengers and also possess an irradiated cable manufacturing facility. The Company offers speciality cables for Railways rolling stock and Naval (Defence) industry.
The manufacturing facility of the company also has end-to-end infrastructure for production of Solar Cables & EV Cables. The manufacturing operations of the Company are based in Basma, Mohali, and Railway Signalling & Embedded System Design Centre at Bengaluru, Karnataka and Hyderabad, Telangana.
Strengths & Risks of Quadrant Future Tek IPO
Innovation : Company is innovation driven with domain expertise in signalling and train controls, focus on product engineering safety-critical system engineering, and knowledge and application of global standards.
MOU with RailTel : Quadrant has partnered exclusively with RailTel on delivering the specific targeted opportunity related to KAVACH in Indian Railways and other countries railways for which RailTel and Quadrant have agreed to work. jointly.
In-house design and product development: Company has developed technology and automation systems to manufacture the hardware required for Train Control Systems Division. The ability to drive technology and product innovation helped to develop a custom in-house train collision avoidance system.
Specialty cables: Company offers a wide range of speciality cables for railways as well as defence sector. There is global emergence of market for irradiated cables in renewable energy and electric vehicles and supply of such irradiated cables to OEMs with high global market penetration.
Advanced manufacturing facilities: It's competitive edge lies in Railway Signalling & Embedded System Design team, product innovation and quality. They manufacture their products within the manufacturing facility located at Basma, Distt. Mohali, Punjab.
Legal proceedings: Company, its Directors and its Promoters are party to certain legal and regulatory proceedings, including criminal proceedings against one of their Promoter Director.
Single manufacturing facility: Business is dependent on our single manufacturing facility and subject to certain risks in the manufacturing process. Any slowdown or shutdown in manufacturing operations could have an adverse effect on business.
Indian Railways business: Company's business and revenues are substantially dependent on the policies of the Ministry of Railways and tenders awarded by different Railway Zones or their production units and orders from private sector companies.
Strict qualty requirements: They are subject to strict quality requirements, customer inspections and audits, and any failure to comply with quality standards may lead to cancellation of existing and future orders and could negatively impact reputation.
How to Apply for Quadrant Future Tek IPO: Step-by-Step Guide
- Research the IPO:Review the prospectus and company details.
- Open accounts:Ensure you have a demat and trading account.
- Check dates:Note the IPO opening and closing dates.
- Apply online:Log in to your brokerage account and complete the IPO application form.
- Make payment:Pay through your linked bank account.
- Submit application:Confirm and submit your application.
- Track status:Monitor the allotment status and check for shares in your demat account upon listing.