Private Equity PE Fund Investments
Ashish Kacholia, others invest Rs.48-Cr in Quadrant Future Tek's pre-IPO round
Source Quadrant Future Tek (opens in a new tab)Quadrant Future Tek Limited (opens in a new tab)Economic Times (opens in a new tab)
Mohali based, railway equipment manufacturer Quadrant Future Tek Limited , has raised INR 48 crore from Ashish Kacholia, Capri Global Holdings, and other individual investors in its pre-IPO round through the issue of 20,00,000 Equity shares at an issue price of INR 240 per share.Founded in 2015, Quadrant Future Tek specialises in creating advanced train control and signalling systems designed to ensure the highest levels of safety and reliability for rail passengers.