Quadrent Future Tek is a research oriented company that develops new generation train control and signaling system under KAVACH project. Its manufacturing facility is located at Vilage Basma Tehsil Banur, Mohali for manufacturing, testing, researching, and developing all the products.
It also manufactures speciality cables that is used in Railway rolling stock, Naval ship vessels & submarines, electric vehicles and fuel cell electric vehicles. These cables are also used in Solar and wind installation. The company has installed 2.5MeV Electron Beam Industrial Accelerator for cable manufacturing.
Its Specialty Cable Division has received many accreditions namely, NQA certification and ROHS Certification. As of Sep 30, 2024, it has an installed specialty cable capacity of 1,887.60 metric tonnes. And for train Control & signaling division, it has an installed capacity of 4,492 Station TCAS, 2,264 Locomotive TCAS and 3,744 Remote Interface Unit.
The Company is accredited with various national and international certifications namely, NQA Certification Limited and ROHS Certification Private Limited for its speciality cables division.
On May 1, 2024, it has entered an MoU with RailTel for targeted opportunities under the KAVACH Project.
Quadrant Future Tek IPO Details
| IPO Opening Date | 7th Jan 2025 |
| IPO Closing Date | 9th Jan 2025 |
| Issue Price | ₹ 275 to 290 Per Share |
| Market Lot | 50 Shares |
| 1 Lot Amount | ₹14500 |
| Small HNI Lot | ₹ 2 to10 Lakhs |
| Big HNI Lot | ₹ 10 + Lakhs |
| Issue Size | ₹ 290 Cr |
| Offer for sale | ₹ 290 Cr |
| Fresh Issue | ₹ 290 Cr |
| IPO Listing at | BSE/NSE |
| Allotment Date | 10th Jan 2025 |
| Refund Initiation | 13th Jan 2025 |
| Credit Of Shares to Demat Account | 13th Jan 2025 |
| Listing Dates | 14th Jan 2025 |
| Allotment Status check at BSE | Click here |
| Allotment Status check at NSE | Click here |