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Issue Open Date
|
07-Jan-25
|
|
|
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Issue Closing Date
|
09-Jan-25
|
|
|
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Application Money
|
100
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|
|
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Allotment Money
|
|
|
|
|
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Price Band
|
275
-
290
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|
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Minimium Application No.
|
50
|
|
|
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Issue Size (Shares)
|
5799999
|
|
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Market Lot
|
1
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|
|
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|
Objective
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|
1. Funding long-term working capital requirements of our Company;2. Capital expenditure for development for Electronic Interlocking System;3. Prepayment or repayment of all or a portion of outstanding working capital term loan availed by ourCompany; and4. General corporate purposes.
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Category
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No. of Shares
|
No. of Shares
|
Subscription Ratio
|
|
|
Offered / Reserved |
Bid For |
|
|
Non-Institutional Investors
|
1581818
|
402908900
|
254.712552265811
|
|
Qualified Institutional Buyers
|
3163636
|
419310850
|
132.540801154115
|
|
Retail Individual Investors
|
1054545
|
260412750
|
246.943231441048
|
|
|
|
|
Business Description
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.
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|
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Promoter's Holding
|
|
|
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Total Share Capital
|
28000000
|
|
|
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Offered to Public
|
2900000000
|
|
|
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Promoter's Holding (Pre-Issue)
|
93.33
|
|
|
|
Promoter's Holding (Post-Issue)
|
70
|
|
|
|
|
|
|
|
|
|
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Address |
Village Basma
Tehsil Banur
Mohali Dist,
Punjab,
140417
Phone : 01762 245509
Email : cs_qftl@quadrantfuturetek.com
Website : www.quadrantfuturetek.com
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|
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Registrar |
MUFG Intime India Pvt Ltd.
C 101
247 Park
LBS Marg
Vikhroli (West)
Mumbai
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Listed at |
|
BSE, NSE
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|
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Lead Manager |
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Sundae Capital Advisors Pvt Ltd.
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|
Promoters |
Aikjot Singh
Amit Dhawan
Amrit Singh Randhawa
Mohit Vohra
Rajbir Singh Randhawa
Rupinder Singh
Vishesh Abrol
Vivek Abrol
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|
