Quadrant Future Tek Ltd Share Price

(QUADFUTURE)

Quadrant Future Tek Limited was incorporated as Quadrant Cables Private Limited on September 18 2015 at Chandigarh. Thereafter the name of the Company was changed from Quadrant Cables Private Limited to Quadrant Future Tek Private Limited and a fresh Certificate of Incorporation dated October 08 2021 was issued by Registrar of Companies Punjab and Chandigarh . Subsequently Company converted into a Public Limited Company and a fresh Certificate of Incorporation dated October 21 2021 was issued by the RoC recording the change of Companys name to Quadrant Future Tek Limited.The Company is engaged in the business of manufacturing of speciality cables and design development manufacturing of embedded systems for railway signalling train control applications. The Company offers speciality cables for Railways rolling stock and Naval Defence industry. The facility possess end to end infrastructure capabilities for production of Solar EV Cables. The manufacturing operations of the Company are based in Basma Mohali and Railway Signalling Embedded System Design centre at Bengaluru Karnataka and Hyderabad Telangana.Company has dedicated Railway Signalling Embedded System Design centre for development of Train Control Products Solutions and is working towards development of Train Collision Avoidance System and Electronic Interlocking System under KAVACH as a means of Automatic Train Protection System to enable safety and capacity augmentation in Indian Railways. The Company offers Electron Beam Irradiated Cables for the industrial other applications where fire and safety light weight and long term performance are of utmost importance.In 201718 the Company installed the 2.5 MeV Electron Beam Accelerator for manufacturing of irradiated cables. It further installed commissioned Cable Manufacturing Facility and Electronic Beam Facility. In 201819 the Company was invited by Naval Defence industry for Supply of Irradiated Silicone Rubber Polyethylene Cables for Ships Submarines. In 2021 Company set up a Software/Embedded Design Development centre at Bengaluru and began the development of Three Important Safety Critical Solutions for Railway Safety: Train Collision Avoidance System Now known as KAVACH. It installed dust free fully automatic electronic manufacturing facility for production of Safety Critical Rail Signalling Hardware Systems.In 202223 the Company developed the first Kavach system inhouse for prototype testing by RDSO / Railways.The Company is planning to raise money from public through IPO aggregating Rs 275 Crore Fresh Issue Equity Shares..

Share Price: ₹549.15 per share as on 20 Jan, 2025 10:17 AM
Market Capitalisation: ₹2,391.80Cr as of today
Listing date: 14 Jan, 2025
Chairperson Name: Satish Kumar Gupta