Quadrant Future Tek Ltd - IPO

Quadrant Future Tek Ltd IPO Details

Initial public issue of up to 1,00,00,000 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. 290.00 per equity share (Including a Share Premium of Rs. 280.00 per Equity Share) (Issue Price) aggregating up to Rs. 290.00 crores (Issue). The issue shall constitute 25 % of the post-issue paid-up equity share capital of the company. The Issue Price is Rs. 290 per equity share of face value of Rs.10 each.The Issue Price is 29 times of the face value of the equity shares.Bid can be made for a minimum of 50 equity shares and in multiples of 50 equity shares thereafter.

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