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Fabtech Technologies IPO is a book build issue of ₹27.74 crores. The issue is entirely a fresh issue of 0.33 crore shares of ₹27.74 crore.
Fabtech Technologies IPO bidding started from Jan 3, 2025 and ended on Jan 7, 2025. The allotment for Fabtech Technologies IPO was finalized on Jan 8, 2025. The shares got listed on BSE SME on Jan 10, 2025.
Fabtech Technologies IPO price band is set at ₹85.00 per share . The lot size for an application is 1,600. The minimum amount of investment required by an retail is ₹1,36,000 (1600 shares) (based on upper price). The minimum lot size investment for HNI is 2 lots (3,200 shares), amounting to ₹2,72,000.
Vivro Financial Services Pvt.Ltd. is the book running lead manager and Maashitla Securities Pvt.Ltd. is the registrar of the issue. The market maker of the company is Rikhav Securities Ltd..
Refer to Fabtech Technologies IPO RHP for detailed Information.
| IPO Date | January 3, 2025 to January 7, 2025 |
| Listing Date | January 10, 2025 |
| Face Value | ₹10 per share |
| Issue Price Band | ₹80 to ₹85 per share |
| Issue Price Final | ₹85 per share |
| Lot Size | 1,600 Shares |
| Sale Type | Fresh Capital |
| Total Issue Size | 32,64,000 shares (aggregating up to ₹27.74 Cr) |
| Reserved for Market Maker | 1,64,800 shares Rikhav Securities Ltd. (aggregating up to ₹1.40 Cr) |
| Net Offered to Public | 30,99,200 shares (aggregating up to ₹26.34 Cr) |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE SME |
| Share Holding Pre Issue | 90,55,362 shares |
| Share Holding Post Issue | 1,23,19,362 shares |
Fabtech Technologies IPO offers total 32,64,000 shares. Out of which 15,47,200 (47.40%) allocated to QIB, 6,19,200 (18.97%) allocated to QIB (Ex- Anchor), 4,65,600 (14.26%) allocated to NII, 10,86,400 (33.28%) allocated to RII and 9,28,000 (28.43%) allocated to Anchor investors.
| Investor Category | Shares Offered |
|---|---|
| Market Maker Shares Offered | 1,64,800 (5.05%) |
| QIB Shares Offered | 15,47,200 (47.40%) |
| − Anchor Investor Shares Offered | 9,28,000 (28.43%) |
| − QIB (Ex. Anchor) Shares Offered | 6,19,200 (18.97%) |
| NII (HNI) Shares Offered | 4,65,600 (14.26%) |
| Retail Shares Offered | 10,86,400 (33.28%) |
| Total Shares Offered | 32,64,000 (100.00%) |
Fabtech Technologies IPO raises ₹7.89 crore from anchor investors. Fabtech Technologies IPO Anchor bid date is January 2, 2025. Fabtech Technologies IPO Anchor Investors list
| Bid Date | January 2, 2025 |
| Shares Offered | 9,28,000 |
| Anchor Portion Size (In Cr.) | 7.89 |
| Anchor lock-in period end date for 50% shares (30 Days) | February 8, 2025 |
| Anchor lock-in period end date for remaining shares (90 Days) | April 8, 2025 |
Fabtech Technologies IPO opens on January 3, 2025, and closes on January 7, 2025.
| IPO Open Date | Fri, Jan 3, 2025 |
| IPO Close Date | Tue, Jan 7, 2025 |
| Tentative Allotment | Wed, Jan 8, 2025 |
| Initiation of Refunds | Thu, Jan 9, 2025 |
| Credit of Shares to Demat | Thu, Jan 9, 2025 |
| Tentative Listing Date | Fri, Jan 10, 2025 |
| Cut-off time for UPI mandate confirmation | 5 PM on Tue, Jan 7, 2025 |
Investors can bid for a minimum of 1,600 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Individual Investors (Retail) and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1,600 | ₹1,36,000 |
| Retail (Max) | 1 | 1,600 | ₹1,36,000 |
| HNI (Min) | 2 | 3,200 | ₹2,72,000 |
Note : The value will be calculated using Equity Dilution = Share Holding Pre Issue - Share Holding Post Issue
Incorporated in 2015, Fabtech Technologies Cleanrooms Limited manufactures pre-engineered and pre-fabricated modular panels and doors for building cleanrooms in the pharmaceutical, healthcare, and biotech sectors.
The company is an end-to-end supplier of cleanroom products and technology for plants. Its product range includes cleanroom panels, view panels, doors, ceiling panels, covings, HVAC systems, and electrification works, tailored to plant designs and requirements.
The Company has extensive experience in designing, manufacturing, and installing cleanrooms for various industries with necessary after sales service support.
The company’s manufacturing facility is located in Umbergaon, Valsad, Gujarat, covering 70,000 sq. ft., equipped with high-performing machinery for cleanroom partition production. Through its subsidiary, Altair Partition Systems LLP, the company manufactures modular panels of economical grade. Altair’s facility, located in Murbad, Thane, spans 25,000 sq. ft. and is leased.
As of November 30, 2024, The Company has 117 permanent employees.
Competitive Strength:
Fabtech Technologies Cleanrooms Limited's revenue decreased by -22% and profit after tax (PAT) dropped by -27% between the financial year ending with March 31, 2024 and March 31, 2023.
| Period Ended | 30 Sep 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
| Assets | 9,438.96 | 8,911.75 | 8,057.67 | 8,187.62 |
| Total Income | 6,222.89 | 9,799.26 | 12,510.15 | 11,394.85 |
| Profit After Tax | 540.18 | 578.46 | 796.28 | 360.02 |
| Net Worth | 6,187.78 | 5,145.17 | 4,530.25 | 3,734.76 |
| Reserves and Surplus | 5,299.93 | 4,886.69 | 4,275.41 | 3,479.13 |
| Total Borrowing | 320.03 | 574.63 | 566.46 | 850.18 |
| Amount in ₹ Lakhs | ||||
The market capitalization of Fabtech Technologies IPO is ₹104.71 Cr.
KPI as of Sun, Mar 31, 2024.
| KPI | Values |
|---|---|
| ROE | 11.96% |
| ROCE | 15.83% |
| Debt/Equity | 0.11 |
| RoNW | 11.95% |
| PAT Margin | 5.90% |
| Price to Book Value | 1.38 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS Rs | 6.39 | 8.77 |
| P/E (x) | 13.31 | 9.69 |
The Company intends to utilize the gross proceeds raised through the Issue after deducting the Issue related expenses for the following objects:
[Dilip Davda] The company enjoys niche place in building cleanrooms for pharma, healthcare and biotech sectors, including related services. It posted steady growth from FY22 to FY23, but suffered a setback following change in product mix and delayed shipments of orders. Based on its recent earnings, the issue appears fully priced. The company is likely to catch first mover fancy post listing. Investors may park funds for the medium to long term. Read detail review...
| Listing Date | January 10, 2025 |
| BSE Script Code | 544332 |
| NSE Symbol | |
| ISIN | INE0HSD01011 |
| Final Issue Price | ₹85 per share |
| BSE Listing Group | M |
| Price Details | BSE SME |
|---|---|
| Final Issue Price | ₹85.00 |
| Open | ₹161.50 |
| Low | ₹161.50 |
| High | ₹169.57 |
| Last Trade | ₹169.57 |
Fabtech Technologies Cleanrooms Ltd.
615, Janki Center,
Off. Veera Desai Road,
Andheri West
Mumbai, Maharashtra, 400053
Phone: +91-22 4514 5321
Email: secretarial@fabtechnologies.com
Website: https://fabtechcleanroom.com/
Maashitla Securities Pvt.Ltd.
Phone: +91-11-45121795-96
Email: ipo@maashitla.com
Website: https://maashitla.com/allotment-status/public-issues
Fabtech Technologies IPO is a SME IPO of 32,64,000 equity shares of the face value of ₹10 aggregating up to ₹27.74 Crores. The issue is priced at ₹85 per share. The minimum order quantity is 1600.
The IPO opens on January 3, 2025, and closes on January 7, 2025.
Maashitla Securities Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Zerodha customers can apply online in Fabtech Technologies IPO using UPI as a payment gateway. Zerodha customers can apply in Fabtech Technologies IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Fabtech Technologies IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Fabtech Technologies IPO opens on January 3, 2025 and closes on January 7, 2025.
Fabtech Technologies IPO lot size is 1600, and the minimum amount required for application is ₹1,36,000.
You can apply in Fabtech Technologies 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 Fabtech Technologies IPO will be done on Wednesday, January 8, 2025, and the allotted shares will be credited to your demat account by Thursday, January 9, 2025. Check the Fabtech Technologies IPO allotment status.
The Fabtech Technologies IPO listing date is on Friday, January 10, 2025.
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