Incorporated in 2013, A & M Febcon Ltd is engaged in the services of engineering which is applied to the planning, designing and control of industrial operations and in the business of Industrial equipment and metal fabrication.
Metal fabrication involves converting raw metal sheet / coil / plate into an intermediate /semi -finished products through a series of processes including cutting, bending and assembling.
Industrial equipment fabrication (process equipment fabrication) is the most complex of the three - structural, commercial, & industrial - and is used primarily to develop industrial machinery. Industrial fabrication operation is mostly customized in nature. Equipments & machineries manufactured through industrial fabrication include boilers, storage tanks, heat exchangers, columns, and towers etc, collectively called as process plant equipments. These process plant equipments are widely used in petrochemical plants, oil & gas refinery, metal industry, cement plants, pulp & paper manufacturing plants etc.
The Promoters of the company are
1. Mrs. Zalak Purveshbhai Parikh and
2. Mrs. Renukaben Rameshbhai Shah
The object of the issue are:
1. To Meet working capital requirement;
2. To meet the Issue Expenses; and
3. General Corporate purpose.
»» Issue Open: Sep 1, 2017 - Sep 6, 2017
»» Issue Type: Fixed Price Issue IPO
»» Issue Size: 3,712,000 Equity Shares of Rs 10 aggregating up to Rs 6.68 Cr
»» Face Value: Rs 10 Per Equity Share
»» Issue Price: Rs 18 Per Equity Share
»» Market Lot: 8000 Shares
»» Minimum Order Quantity: 8000 Shares
»» Listing At: BSE SME
A M Febcon Subscription Status tells if A M Febcon subscribed or not. Investors can bid for IPO shares between 10 AM to 5 PM when public issue is open. A M Febcon oversubscribed if bids are received for more shares than what is offered by the company.
|Number of Bids Received|
|As on Date & Time||QIB||NII||RII||Total|
|Shares Offered / Reserved||0||1,856,000||1,856,000||3,712,000|
|Day 1 - Sep 1, 2017 17:00 IST||0||0||280,000||280,000|
|Day 2 - Sep 4, 2017 17:00 IST||0||16,000||1,864,000||1,880,000|
|Day 3 - Sep 5, 2017 17:00 IST||0||208,000||2,944,000||3,152,000|
|Day 4 - Sep 6, 2017 17:00 IST||0||520,000||4,808,000||5,328,000|
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