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QUADFUTURE IPO

Quadrant Future Tek Limited
Start Date07-01-2025
Application Timing10am-5pm
Price Range₹275 - ₹290
Min Qty50
Min. Investment₹13750
Listing DateNA
Close Date09-01-2025

About Quadrant Future Tek Limited

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.

Why To Invest in Quadrant Future Tek Limited

Manufacturer of research-based new generation train control and signaling systems for Indian Railways ‘Kavach’ Project.

The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:

  1. Funding long-term working capital requirements of the Company;
  2. Capital expenditure for the development of Electronic Interlocking System;
  3. Prepayment or repayment of all or a portion of outstanding working capital term loan availed by the Company.
Financial Table
Year9-month period ended Dec 2023202320222021
Revenue From Operations (Rs. Cr)100.3152.8104.272.8
Profit After Tax (Rs. Cr)14.413.91.94.8
Strengths And Risks
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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