IPO Details:
- Dates:January 7, 2025 - January 9, 2025
- Price Band:₹275 - ₹290 per share
Investment Range:
- Retail Investors: ₹14,500 (1 lot) to ₹1,88,500 (13 lots)
- S-HNI: ₹2,03,000 (14 lots) to ₹9,86,000 (68 lots)
- B-HNI: ₹10,00,500 (69 lots) and above
-About the Company:
Quadrant Future-Tek specializes in technology-driven solutions, catering to sectors like Railways, Defense, Renewable Energy, and EVs. It operates modern manufacturing facilities and testing centers, ensuring international standards.
- Key Strengths:
- Expertise in Automatic Train Protection Systems and KAVACH development.
- Advanced facilities with cutting-edge equipment for production and testing.
- Focus on innovation and intrapreneurial culture.
-Financial Highlights
- FY24 Revenue: ₹151.82 crores
- PAT (FY24): ₹14.71 crores
- Net Worth (FY24):₹44.11 crores
- Total Borrowing: ₹98.01 crores
- Key Ratios:
- ROE: 33.41%
- ROCE: 26.12%
- PAT Margin: 9.68%
- Debt-to-Equity: 1.86
Objects of the Issue:
1. Fund long-term working capital.
2. Capital expenditure for Electronic Interlocking System.
3. Loan repayment/prepayment.
4. General corporate purposes.
-Grey Market Premium (GMP)
- Latest GMP: ₹210 (72% premium)
-Verdict:
The IPO presents an opportunity to invest in a company with advanced infrastructure, strong innovation capabilities, and a solid financial foundation, particularly in the Indian Railways and allied sectors.
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