Quadrant Future Tek IPO – Review, Update
Update
Secures New Business Order
Quadrant Future-Tek Limited, which manufactures specialty cables and develops train control & signalling systems, in its regulatory filing has said that,
The company has secured a new business order from Integral Coach Factory, Chennai (ICF) on January 28, 2026, for the Supply, Retrofitment, Testing, and Commissioning of 192 Onboard KAVACH Equipment Version 4.0, including warranty and Long-Term Annual Maintenance.
The value of the contract is worth ₹2,30,42,04,238/- (Rupees Two Hundred and Thirty Crores Forty-Two Lakhs Four Thousand Two Hundred Thirty Eight Only), including taxes.
As per the company, the contract is to be executed over a period of 12 months.
On January 14, 2026, the company had secured another significant order from Chittaranjan Locomotive Works (CLW) worth ₹287.8 crore for the supply, installation, testing, and commissioning of 353 onboard KAVACH locomotive equipment Version 4.0, along with warranty and long-term annual maintenance.
Refer to Quadrant Future Tek latest news for more information.
QUADFUTURE, while writing this post around 12:40 PM, is trading at ₹310 (UP 2.25%) with a volume of 10,00,000 shares on the National Stock Exchange (NSE).
LAST ARTICLE – Shadowfax ipo listing
6 January 2025
Quadrant Future Tek Limited – a Technology & Innovation-driven Company Certified to ISO/IRIS/TS Quality Management Systems is planning to raise INR 290 Crore via IPO [Fresh Issue 290 Crore + OFS NIL]
Quadrant future tek ipo price is INR 275 – 290 per share
Quadrant Future Tek: History
incorporated in 2015, Quadrant Future Tek Limited is a research-driven company, engaged in the business of developing new generation “Train Control and Signalling Systems” that offers the highest level of reliability and safety to railway passengers.
Quadrant Future Tek: Business
Business operations of the company can be classified under two business divisions –
- SPECIALITY CABLE DIVISION
- TRAIN CONTROL SYSTEMS DIVISION
The Company envisioned the requirement of Specialty Cables where Fire and Safety, Lightweight, and long-term performance of the product are of utmost importance.
The team at Quadrant Future Tek came up with a state-of-the-art facility for the production of Electron Beam Irradiated Cables.
The company possesses most latest 2.5 MeV irradiation facility and it supplies cables for various industries including,
- Railways’s Rolling Stock
- Naval Defense
- Marine Cables
- Renewable Energy Cables
- Automotive Cables
- Railway Signalling Cables
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Quadrant: Manufacturing Facilities
The manufacturing facilities of the Company are based in Basma, Mohali and Railway Signalling & Embedded System Design centre are based at Bengaluru, Hyderabad, Karnataka, and Telangana.
Strategies Ahead
- Continue focus on new products through constant R&D
- Make in India and focus on indigenisation
- Expansion of business to other areas of Railway Safety and Automatic Train Protection
- Continue to grow business share from non-promoter group companies
- Expansion of cable business in new sectors
Employee Strength
As of October 31, 2024, Quadrant had 295 employees working at its (1) Manufacturing location, (2) Railway Signalling and Embedded System, (3) Design center, and (4) Corporate function.
Company Promoters
- Mohit Vohra,
- Amit Dhawan,
- Amrit Singh Randhawa,
- Rupinder Singh,
- Vishesh Abrol & Vivek Abrol,
- Aikjot Singh & Rajbir Singh Randhawa
IPO Details
Quadrant future tek ipo date = 7 Jan to 9 Jan 2025
Minimum Amount = INR 14,500
Face Value (FV) = INR 10
Minimum Bid = 50 Shares
Listing On = NSE, BSE
Book Running Lead Managers
Sundae Capital Advisors
FINANCIALS
CONCLUSION
FinBlab recommends NEUTRAL ratings on Quadrant Future Tek IPO
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