Quadrant Future Tek, a pioneering force in train control and signaling systems, is set to make its mark on the stock market with an upcoming IPO.
This event presents a unique opportunity to delve into a company at the forefront of railway technology innovation.
Read this blog to get the complete IPO details.
About the Company
Established in 2015, Quadrant Future Tek specializes in developing next-generation train control and signaling systems, notably contributing to the Indian Railways’ KAVACH project, which aims to enhance safety and reliability for rail passengers.
The company operates state-of-the-art production facilities in Mohali, Punjab, and maintains engineering centers in Bangalore and Hyderabad. Beyond train control systems, Quadrant Future Tek manufactures specialty cables used in railway rolling stock and the naval defense industry, underscoring its commitment to technological innovation and quality.
An Industry Overview
The railway signaling and control systems industry is integral to ensuring the safety and efficiency of rail networks worldwide.
In India, significant investments are being made to modernize railway infrastructure, with a focus on implementing advanced technologies like the KAVACH system to enhance operational safety.
This modernization drive opens avenues for companies specializing in railway signaling solutions, positioning them to play a crucial role in the industry’s evolution.
IPO Complete Details
| Open Date | January 7, 2025 |
| Close Date | January 9, 2025 |
| Total Issue Size | ₹290 crore |
| Number of Shares | 2,90,00,000 equity shares |
| Price Band | ₹275 to ₹290 per share |
| Lot Size | 50 shares |
| Minimum Bid Price | ₹13,750 |
| Maximum Bid Price | ₹14,980 (107 shares x ₹140) |
| Basis of Allotment | January 10, 2025 |
| Initiation of Refunds | January 13, 2025 |
| Credit of Shares to Demat Accounts | January 13, 2025 |
| Listing Date | January 14, 2025 |
| Listing Exchanges | BSE and NSE |
What Does This Mean For You?
The Quadrant Future Tek IPO offers investors a chance to participate in a company deeply embedded in India’s railway modernization efforts.
With a focus on safety-enhancing technologies and speciality cable manufacturing, the company is positioned within sectors experiencing significant growth.
Investors should consider the company’s role in the evolving railway infrastructure landscape and its potential to contribute to future advancements in train control systems.
Conclusion
Quadrant Future Tek’s forthcoming IPO marks a significant milestone for a company dedicated to advancing railway safety and technology.
As it prepares to enter the public market, stakeholders and investors have the opportunity to engage with a firm at the forefront of critical infrastructure development, reflecting broader trends in technological innovation within the railway industry.
