IPO profile
Quadrant Future Tek
QUADRANT · NSE
- Price band
- Not available
- Subscription
- Not available
Application & Issue Details
- Minimum Quantity
- 50 shares
- Minimum Application
- Not available
- Issue Size
- Rs. 290 Cr
- Face Value
- Not available
Company Overview
Quadrant Future Tek Limited was established in 2015. It focuses on manufacturing specialty cables and advanced train control systems. The company serves key industries such as railways, defence, aerospace, and electric vehicles. With expertise in producing fire-resistant and lightweight cables, it ensures safety and reliability for critical applications. The business also plays a significant role in India’s rail safety with its Kavach system, an advanced automatic train protection system.
Important Dates
- Open Date
- Not available
- Close Date
- Not available
- Allotment Date
- Not available
- Listing Date
- Not available
Issue Timeline
- Issue open date
- Issue close date
- UPI mandate deadline
- Allotment finalization
- Refund initiation
- Share credit
- Listing date
- Mandate end date
- Lock-in end date for anchor investors (50%)
- Lock-in end date for anchor investors (remaining)
Grey Market Premium (GMP)
No GMP has been reported for this IPO. Estimates are not shown rather than assuming a GMP of zero.
Grey Market Premium (GMP) is unofficial and indicative. Actual listing price may differ.
Indicative Listing Estimate
Estimated listing figures need a GMP value, which is currently unavailable.
Subscription
Subscription data not available yet.
Company Strengths & Risks
Reported strengths
- Quadrant Future Tek develops a comprehensive train control system enhancing rail safety.
- Signed MoU with RailTel for long-term working capital funding.
- Strong in-house expertise in railway signalling product design and development.
Key risks
- Promoter disputes may impact governance and operations.
- Heavy reliance on the Mohali facility poses operational risks.
- Revenue depends on Indian Railways policies and tender awards.
- High working capital needs; shortfalls could severely affect operations.
- Lacks long-term contracts; operates mainly via purchase orders and tenders.
Company strengths and risks are informational summaries. Review the offer document for complete disclosures.
Documents & Coverage
IPO data last updated 25 Oct 2026, 8:02 pm IST
This page is for informational and educational purposes only. It is not investment advice and not a recommendation to buy, sell, or apply for this IPO. GMP and subscription figures are unofficial/may change. Please make your own independent decision.