Issue Open Date
|
07-Jan-25
|
Issue Closing Date
|
09-Jan-25
|
Application Money
|
100
|
Allotment Money
|
|
|
Price Band (Rs.)
|
275
-
290
|
Minimum Bid Quantity.
|
50
|
Issue Size (Shares)
|
5799999
|
Market Lot
|
1
|
|
|
Objective :
|
1. Funding long-term working capital requirements of our Company;2. Capital expenditure for development for Electronic Interlocking System;3. Prepayment or repayment of all or a portion of outstanding working capital term loan availed by ourCompany; and4. General corporate purposes.
|
|
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Category
|
No. of Shares
|
No. of Shares
|
Subscription Ratio
|
|
Offered / Reserved |
Bid For |
|
Non-Institutional Investors
|
1581818
|
402908900
|
254.71
|
Qualified Institutional Buyers
|
3163636
|
419310850
|
132.54
|
Retail Individual Investors
|
3163636
|
419310850
|
132.54
|
|
|
|
Business Description
Quadrant Future Tek is research oriented company, engaged in developing new generation Train Control andSignalling Systems that offers the highest level of safety and reliability to rail passengers and also possess anirradiated / E-beam cable manufacturing facility w...
|
|
Promoter's Holding
|
Total Share Capital
|
28000000
|
Offered to Public
|
2900000000
|
Promoter's Holding (Pre-Issue)
|
93.33
|
Promoter's Holding (Post-Issue)
|
70
|
|
More |
|
|
|
|
Address |
Village Basma Tehsil Banur
Mohali Dist
,
Punjab
,
140417
Phone :
01762 245509
Email :
cs_qftl@quadrantfuturetek.com
Website :
www.quadrantfuturetek.com
|
|
Registrar |
MUFG Intime India Pvt Ltd.
C 101 247 Park LBS Marg Vikhroli (West) Mumbai
|
|
Listed at |
BSE, NSE
|
|
Lead Manager |
Sundae Capital Advisors Pvt Ltd.
|
|
Promoters |
Aikjot Singh Amit Dhawan Amrit Singh Randhawa Mohit Vohra Rajbir Singh Randhawa Rupinder Singh Vishesh Abrol Vivek Abrol
|
|