Quadrant Future Tek Limited
- Minimum Investment₹13,750
- Price Range₹275 - ₹290
- Issue Size₹290.00 Cr
- Lot Size50 shares
Proceeds of this IPO to be used for
Funding long-term working capital requirements of the company.
Capital expenditure for the development of the electronic interlocking system.
Prepayment or repayment of all or a portion of the outstanding working capital term loan availed by the company.
General corporate purposes.
Strengths & Weaknesses of Quadrant Future Tek Limited
Domain expertise in signaling & train controls
To create domain expertise in signaling and train controls, the company has a team of senior management personnel with experience in the field of railways, signaling, and knowledge of how a locomotive works and operates
Knowledge and application of global standards
The train control systems are designed and developed by the company in line with CENELEC standards to meet SIL-4 safety specifications
Exclusive memorandum of understanding
The company has entered into an exclusive memorandum of understanding with RailTel for delivering specific targeted opportunities related to KAVACH in Indian Railways and other countries' railways
Legal and regulatory proceedings
The company, its directors, and its promoters are party to certain legal and regulatory proceedings, including a criminal proceeding against one of the promoter directors. These legal and regulatory proceedings are pending at different levels of adjudication before various courts and regulatory authorities
Dependent on Indian Railways and Navy (Defence)
The company's present business operations and revenues, comprising specialty cables and the proposed business operations under train control products and solutions, are substantially dependent on Indian Railways and Naval (Defence) manufacturing units. Any adverse change in the policy of the Ministry of Railways may adversely affect the business and results of operations
Limited number of customers
The company is dependent on and derives a substantial portion of its revenue from a limited number of customers. Cancellation of orders by customers, or delays or reductions in their orders, could have a material adverse effect on its business, results of operations, and financial condition
Financials
Earnings Per Share
No Data
Balance Sheet
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Cash Flow
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About Quadrant Future Tek Limited
- PromoterMohit Vohra
- PromoterAmit Dhawan
- PromoterAmrit Singh Randhawa
- PromoterRupinder Singh
- PromoterVishesh Abrol
- PromoterVivek Abrol