Subscribe for Quadrant Future Tek Ltd IPO; KR Choksey

KR Choksey, has come out with its report on Quadrant Future Tek Ltd. The research firm has recommended to “ Subscribe” the ipo in its research report as on January 06 2025.

Broker Research

January 07, 2025 / 10:52 IST

IPO

KR Choksey, Quadrant Future Tek Ltd

Quadrant Future Tek Limited, founded in 2015 and headquartered in Mohali, Punjab, is a prominent manufacturer specializing in specialty cables, train control systems and advanced interconnect products. Serving primarily the transportation and infrastructure sectors across India, the company is committed to excellence and adherence to rigorous international standards. Quadrant Future Tek offers a comprehensive array of products, from standard cables to tailor-made solutions, designed to meet the specific demands of its diverse domestic clientele. By continually emphasizing innovation and quality, the company plays a crucial role in driving technological advancements within India’s tech-intensive industries, positioning itself as a key player in the national market.

Valuation and Outlook

The premium valuation is further underpinned by its large addressable market and significant project wins, specifically in KAVACH, which enhances its growth potential and ensures sustainable growth prospects. Given these factors, we assign a ‘SUBSCRIBE’ rating.

For all IPO report, click here