Fixed Price IPO | ₹3 Cr | Listed at BSE SME | Fri, Dec 31, 2021 - Wed, Jan 5, 2022
Fabino Life Sciences IPO is a fixed price issue of ₹3.24 crores. The issue is entirely a fresh issue of 0.09 crore shares of ₹3.24 crore.
Fabino Life Sciences IPO bidding started from Dec 31, 2021 and ended on Jan 5, 2022. The allotment for Fabino Life Sciences IPO was finalized on Jan 10, 2022. The shares got listed on BSE SME on Jan 13, 2022.
Fabino Life Sciences IPO price is ₹36 per share. The lot size for an application is 3,000. The minimum amount of investment required by an individual investor (retail) is ₹1,08,000 (3000 shares) (based on upper price). The minimum lot size for investment in HNI is 2 lots (6,000 shares), amounting to ₹2,16,000.
Aryaman Financial Services Ltd. is the book running lead manager and Bigshare Services Pvt.Ltd. is the registrar of the issue. The Market Maker of the company is Aryaman Capital Markets Ltd..
Refer to Fabino Life Sciences IPO RHP for detailed Information.
IPO Open
Fri, Dec 31, 2021
IPO Close
Wed, Jan 5, 2022
Issue Price
₹36 per share
Market Cap (Pre-IPO)
₹7.56 Cr
| IPO Date | 31 Dec, 2021 to 5 Jan, 2022 |
| Listed on | Thu, Jan 13, 2022 |
| Face Value | ₹10 per share |
| Issue Price | ₹36 per share |
| Lot Size | 3,000 Shares |
| Sale Type | Fresh capital only |
| Issue Type | Fixed Price IPO |
| Listing At | BSE SME |
| Total Issue Size | 9,00,000 shares (agg. up to ₹3 Cr) |
| Reserved for Market Maker | 48,000 shares Aryaman Capital Markets Ltd. (agg. up to ₹0.1728 Cr) |
| Fresh Issue (Ex Market Maker) | 8,52,000 shares (agg. up to ₹3 Cr) |
| Net Offered to Public | 8,52,000 shares (agg. up to ₹3 Cr) |
| Share Holding Pre Issue | 12,00,000 shares |
| Share Holding Post Issue | 21,00,000 shares |
| BSE Script Code | 543444 |
| ISIN | INE0DRT01018 |
Fabino Life Sciences IPO comprises a total issue size of 9,00,000 shares. The net offer to the public is 8,52,000 shares, after excluding 48,000 shares allotted on a firm basis. Of the Net offer 4,26,000 (50.00%) allocated to NII 4,26,000 (50.00%) allocated to RII.
| Investor Category | Shares Offered | % of Net Issue | % of Total Issue |
|---|---|---|---|
| NII (HNI) Shares Offered | 4,26,000 | 50.00% | 47.33% |
| Retail Shares Offered | 4,26,000 | 50.00% | 47.33% |
| Firm Reservations | |||
| Market Maker Shares Offered | 48,000 | 5.33% | |
| Total Shares Offered | 9,00,000 | 100.00% | 100.00% |
Investors can bid for a minimum of 3,000 shares and in multiples thereof.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 3,000 | ₹1,08,000 |
| Retail (Max) | 1 | 3,000 | ₹1,08,000 |
| HNI (Min) | 2 | 6,000 | ₹2,16,000 |
Fabino Life Sciences is engaged in the manufacturing, marketing, trading, and packing of pharmaceutical and other wellness-focused consumer products. The company's core business is the marketing of pharmaceutical formulation & products in the domestic market through their own distribution network and sales force under their brand name, getting ayurvedic formulations manufactured through loan licensing facilities, packing, labeling, etc. The company export wellness and FMCG products like coffee, malt powder, protein powder, hair shampoo marketed by them.
Currently, the company has over 70 launched and active products available in markets categorized into (i) Allopathic, (ii) Covid 19, (iii) Food & Wellness, (iv) Herbal, (v) Veterinary, (vi) Multi-Vitamin, segments. The shampoo and hair maintenance products from the company are under the brand - Keepshine, while all the others products are marketed under the brand - Fabino. The company has its manufacturing unit in the National Capital Region, India.
Competitive Strengths:
| Period Ended |
|---|
| Amount in ₹ Crore |
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Part Repayment of Loans | 0.25 |
| 2 | Funding Working capital requirements | 2.05 |
| 3 | General Corporate Purpose | 0.50 |
| Pre IPO | Post IPO | |
|---|---|---|
| P/E (x) | 133 | |
| Promoter Holding | 99.43% | 56.82% |
| Market Cap | ₹7.56 Cr. |
The Fabino Life Sciences IPO is subscribed 6.93 times on January 5, 2022 7:53:00 PM (Day 4). The public issue subscribed 10.36 times in the retail category, [.] times in the QIB category, and 3.49 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) | Shares Offered | Shares bid for |
|---|---|---|---|
| NII* | 3.49 | 4,26,000 | 14,88,000 |
| Retail | 10.36 | 4,26,000 | 44,13,000 |
| Total | 6.93 | 8,52,000 | 59,01,000 |
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Issue Management fees including fees and payment to other intermediaries such as Legal Advisors, Registrars and other out of pocket expenses. | 0.34 |
| 2 | Brokerage and selling commission | 0.00 |
| 3 | Printing & Stationery, Distribution, Postage, etc. | 0.02 |
| 4 | Advertisement and Marketing Expenses | 0.02 |
| 5 | Stock Exchange Fees, Regulatory and other Expenses | 0.07 |
| Price Details | BSE SME |
|---|---|
| Final Issue Price | ₹36.00 |
| Open | ₹38.45 |
| Low | ₹36.55 |
| High | ₹40.35 |
| Last Trade | ₹40.35 |
Lead Manager Reports
Fabino Life Sciences IPO is a SME IPO of 9,00,000 equity shares of the face value of ₹10 aggregating up to ₹3 Crores. The issue is priced at ₹36 per share. The minimum order quantity is 3000.
The IPO opens on Fri, Dec 31, 2021, and closes on Wed, Jan 5, 2022.
Bigshare Services Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Zerodha customers can apply online in Fabino Life Sciences IPO using UPI as a payment gateway. Zerodha customers can apply in Fabino Life Sciences IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Fabino Life Sciences IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Fabino Life Sciences IPO opens on Fri, Dec 31, 2021 and closes on Wed, Jan 5, 2022.
Fabino Life Sciences IPO lot size is 3000, and the minimum amount required for application is ₹1,08,000.
You can apply in Fabino Life Sciences IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for Fabino Life Sciences IPO will be done on Monday, January 10, 2022, and the allotted shares will be credited to your demat account by Wed, Jan 12, 2022. Check the Fabino Life Sciences IPO allotment status.
The Fabino Life Sciences IPO listing date is on Thu, Jan 13, 2022.
