Quadrant Future Tek IPO vs Standard Glass Lining IPO

Comparison between Quadrant Future Tek IPO and Standard Glass Lining IPO.

IPO Details

Quadrant Future Tek IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Standard Glass Lining IPO is a Mainboard Bookbuilding proposed to list at NSE, BSE.

Issue Size and Price

The total issue size of Quadrant Future Tek IPO is up to ₹290.00 Cr whereas the issue size of the Standard Glass Lining IPO is up to ₹410.05 Cr. The final issue price of Quadrant Future Tek IPO is ₹290.00 per share and of Standard Glass Lining IPO is ₹140.00 per share.

 Quadrant Future Tek IPOStandard Glass Lining IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹275.00 per share₹133.00 per share
Issue Price (Upper)₹290.00 per share₹140.00 per share
Issue Price (Final)₹290.00 per share₹140.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size50 shares107 shares
Fresh Issue Size1,00,00,000 shares1,50,00,000 shares
Fresh Issue Size (Amount)up to ₹290.00 Crup to ₹210.00 Cr
OFS Issue Size0 shares1,42,89,367 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹200.05 Cr
Issue Size Total1,00,00,000 shares2,92,89,367 shares
Issue Size Total (Amount)up to ₹290.00 Crup to ₹410.05 Cr

IPO Timetable

Quadrant Future Tek IPO opens on Jan 07, 2025, while Standard Glass Lining IPO opens on Jan 06, 2025. The closing date of Quadrant Future Tek IPO and Standard Glass Lining IPO is Jan 09, 2025, and Jan 08, 2025, respectively.

 Quadrant Future Tek IPOStandard Glass Lining IPO
Anchor Bid DateJan 06, 2025Jan 03, 2025
Issue OpenJan 07, 2025Jan 06, 2025
Issue CloseJan 09, 2025Jan 08, 2025
Basis Of Allotment (Tentative)Jan 10, 2025Jan 09, 2025
Initiation of Refunds (Tentative)Jan 13, 2025Jan 10, 2025
Credit of Share (Tentative)Jan 13, 2025Jan 10, 2025
Listing date (Tentative)Jan 14, 2025Jan 13, 2025
Anchor Lockin End date 1Feb 08, 2025Feb 07, 2025
Anchor Lockin End date 2Apr 09, 2025Apr 08, 2025

Financials & KPIs

Quadrant Future Tek IPO P/E ratio is 59.13, as compared to Standard Glass Lining IPO P/E ratio of 43.04.

 Quadrant Future Tek IPOStandard Glass Lining IPO
Financials

Company Financials (Restated)

Period Ended30 Sep 202431 Mar 202431 Mar 202331 Mar 2022
Assets149.66142.82118.82112.77
Total Income65.14151.82152.95104.29
Profit After Tax-12.1114.7113.901.94
NET Worth34.1844.1129.4215.61
Reserves and Surplus4.1834.1119.425.61
Total Borrowing98.0181.6174.0080.68
Amount in ₹ Crore

Company Financials (Restated Consolidated)

Period Ended30 Sep 202431 Mar 202431 Mar 202331 Mar 2022
Assets756.52665.38347.79298.11
Total Income312.10549.68500.08241.50
Profit After Tax36.2760.0153.4225.15
NET Worth447.80409.92156.6769.91
Reserves and Surplus261.58389.18139.9453.66
Total Borrowing173.80129.3281.9669.81
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)93.3372.49
Promoter Shareholding (Post-Issue)7067.04
P/E Ratio59.1343.04
Market Cap₹1160.00 Cr.₹2792.88 Cr.
ROE33.41%20.74%
ROCE26.12%25.49%
Debt/Equity1.860.32
EPS₹4.90₹3.25
RoNW33.41%20.74%

Shares Offered

In the Quadrant Future Tek IPO Retail Individual Investors (RII) are offered 10,00,000 shares while in Standard Glass Lining IPO retail investors are offered 10,00,000 shares. Qualified Institutional Buyers (QIB) are offered 30,00,000 shares in Quadrant Future Tek IPO and 58,57,875 shares in Standard Glass Lining IPO.

 Quadrant Future Tek IPOStandard Glass Lining IPO
Anchor Investor Reservation45,00,000 shares87,86,009 shares
Market Maker Reservation0 shares
QIB30,00,000 shares58,57,875 shares
NII15,00,000 shares43,93,406 shares
RII10,00,000 shares1,02,51,279 shares
Employee0 shares
Others
Total1,00,00,000 shares2,92,88,569 shares

Bids Received (Subscription)

Quadrant Future Tek IPO subscribed 195.96x in total, whereas Standard Glass Lining IPO subscribed 185.48x.

 Quadrant Future Tek IPOStandard Glass Lining IPO
QIB (times)139.77x327.76x
NII (times)268.03x275.21x
Big NII (times)274.25x302.21x
Small NII (times)255.57x221.21x
RII (times)256.46x65.71x
Employee (times)
Other (times)
Total (times)195.96x185.48x

Compare with others

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Quadrant Future Tek IPO Vs Standard Glass Lining IPO