Business Standard

Quadrant Future Tek Ltd - IPO

Issue Type

Book Building

Issue Size (₹ Cr.)

275.00 cr

Price Range (₹)

0

Lot Size

-

Min Investment (₹)

-

Listing Exchange

MumbaiNSE

Open Date

-

Close Date

-

Listing Date

-

Quadrant Future Tek Ltd News

    Quadrant Future Tek Ltd IPO Details

    Initial public issue of up to [*] 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. [*] per equity share (including a share premium of Rs. [*] per equity share) (Issue Price) aggregating up to Rs. 275.00 crores (Issue). The issue shall constitute [*]% of its post-issue paid-up equity share capital of the company. The face value of the equity shares is Rs. 10 each and the issue price is [*] times the face value of the equity shares. The price band and the minimum bid lot will be decided by the company.

    Objective of issue

    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.

    Quadrant Future Tek Ltd Contact Details

    Quadrant Future Tek Ltd, C-101 247 Park, L B S Marg, Vikhroli West, Mumbai-400083

    Phone - 91-22-49186000

    Fax - 91-22-49186060

    Email - cs_qftl@quadrantfuturetek.com

    Website - www.quadrantfuturetek.com