Quadrant Future Tek Share Price

Quadrant Future Tek Limited was initially incorporated as Quadrant Cables Private Limited on September 18, 2015 in Chandigarh. Thereafter, the name of the Company was changed 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, the Company became a Public Company, dated October 21, 2021 and named Quadrant Future Tek Limited.Quadrant is a technology and innovationdriven company specializing in specialty cables and train control signalling systems. With advanced manufacturing facilities at Basma, Mohali and inhouse RD centres, the Company is positioned to deliver safetycritical solutions across Indias infrastructure sectors. It manufactures Electron Beam Irradiated Cables using a 2.5 MeV Electron Beam Industrial Accelerator for industrial and other applications where fire and safety, lightweight construction and durability are critical.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 made progress in development of solar cables in line with 2pfg1169/N50618 for captive solar projects dedicated for electric charging stations, green hydrogen plants in FY 24. It further developed low fire hazard, light weight cables for electric vehicles, to cater to the transition of fossil fuel vehicles to Battery / hydrogen electric vehicles in 202324. The Company ventured into the Train Control Systems in the train protection domain areas of Hyderabad and Bengaluru in FY 2025. The Company launched the IPO by issuing 1,00,00,000 equity shares of face value Rs 10 by raising funds of Rs 290 Crore on 9 January, 2025.The Company received Research Designs and Standards Organisation (RDSO) approval to commence passenger trials for KAVACH 4.0, with a dedicated rail route and train allocated for final trials in 2026.