IPO Synopsis


Quadrant Future Tek Ltd

Registered Office: Village Basma Teshil Banur,Distt, Mohali - 140417, Punjab, India.
Phone : +91 1762 245509   Fax:
Email :  cs_qftl@quadrantfuturetek.com  
Website :  www.quadrantfuturetek.com

Initial public issue of up to 1,00,00,000 equity shares of face value of Rs. 10/- each (Equity Shares) of Quadrant Future Tek Limited (The Company) for cash at a price of Rs. 290.00 per equity share (Including a Share Premium of Rs. 280.00 per Equity Share) (Issue Price) aggregating up to Rs. 290.00 crores (Issue). The issue shall constitute 25 % of the post-issue paid-up equity share capital of the company. The Issue Price is Rs. 290 per equity share of face value of Rs.10 each. The Issue Price is 29 times of the face value of the equity shares. Bid can be made for a minimum of 50 equity shares and in multiples of 50 equity shares thereafter.

Issue Money Payable On
Opens on Closes On Application Allotment
07-Jan-25 09-Jan-25 290.00-0.00 0.00-0.00
Minimum Application for shares in Nos : 50   Further Multiples of : 50
  Rs(Cr.) Lead Managers to the Issue
Project Cost 0.00 Sundae Capital Advisors Pvt Ltd
Project Financed through Current Offer 290.00  
Post Issue Equity Share Capital 40.00  
Issue Price 290.00  

Project

  • Funding long-term working capital requirements of the company
  • Capital expenditure for development for electronic interlocking systems
  • Prepayment or repayment of all or a portion of outstanding working capital term loan availed by the company
  • General corporate purpose

Promoted By

Mohit Vohra

Amit Dhawan

Amrit Singh Randhawa

Listing At

BSE

NSE

Registrar to the Issue

No Data Available