Fabtech Technologies IPO vs Turtlemint Fintech Solutions IPO

Comparison between Fabtech Technologies IPO and Turtlemint Fintech Solutions IPO.

IPO Details

Fabtech Technologies IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Turtlemint Fintech Solutions IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.

Issue Size and Price

The total issue size of Fabtech Technologies IPO is up to ₹230.30 Cr whereas the issue size of the Turtlemint Fintech Solutions IPO is up to ₹882.67 Cr. The final issue price of Fabtech Technologies IPO is ₹191.00 per share and of Turtlemint Fintech Solutions IPO is ₹152.00 per share.

 Fabtech Technologies IPOTurtlemint Fintech Solutions IPO
Face Value₹10 per share₹1 per share
Issue Price (Lower)₹181.00 per share₹144.00 per share
Issue Price (Upper)₹191.00 per share₹152.00 per share
Issue Price (Final)₹191.00 per share₹152.00 per share
Discount (Retail)
Discount (Employee)₹9.00 per share
Market Lot Size75 shares98 shares
Fresh Issue Size1,20,58,555 shares4,34,68,552 shares
Fresh Issue Size (Amount)up to ₹230.30 Crup to ₹660.72 Cr
OFS Issue Size0 shares1,46,01,846 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹221.95 Cr
Issue Size Total1,20,58,555 shares5,80,70,398 shares
Issue Size Total (Amount)up to ₹230.30 Crup to ₹882.67 Cr

IPO Timetable

Fabtech Technologies IPO opens on Sep 29, 2025, while Turtlemint Fintech Solutions IPO opens on Jun 19, 2026. The closing date of Fabtech Technologies IPO and Turtlemint Fintech Solutions IPO is Oct 01, 2025, and Jun 23, 2026, respectively.

 Fabtech Technologies IPOTurtlemint Fintech Solutions IPO
Anchor Bid DateSep 26, 2025Jun 18, 2026
Issue OpenSep 29, 2025Jun 19, 2026
Issue CloseOct 01, 2025Jun 23, 2026
Basis Of Allotment (Tentative)Oct 03, 2025Jun 24, 2026
Initiation of Refunds (Tentative)Oct 06, 2025Jun 25, 2026
Credit of Share (Tentative)Oct 06, 2025Jun 25, 2026
Listing date (Tentative)Oct 07, 2025Jun 29, 2026
Anchor Lockin End date 1Nov 02, 2025Jul 23, 2026
Anchor Lockin End date 2Jan 01, 2026Sep 21, 2026

Financials & KPIs

Fabtech Technologies IPO P/E ratio is 13.32, as compared to Turtlemint Fintech Solutions IPO P/E ratio of -19.66.

 Fabtech Technologies IPOTurtlemint Fintech Solutions IPO
Financials

Company Financials (Restated Consolidated)

Period Ended31 Mar 202531 Mar 202431 Mar 2023
Assets426.56269.24213.86
Total Income335.94230.60199.91
Profit After Tax46.3327.2221.58
EBITDA47.2839.7532.38
NET Worth173.11131.8888.96
Reserves and Surplus140.72128.9486.18
Total Borrowing54.629.8834.29
Amount in ₹ Crore

Company Financials (Restated Consolidated)

Period Ended31 Dec 202531 Mar 202531 Mar 202431 Mar 2023
Assets467.14578.69612.55900.37
Total Income748.91693.21119.12460.11
Profit After Tax-187.39-194.11-193.35-288.18
EBITDA81.5882.43
NET Worth295.68410.46563.80743.45
Reserves and Surplus288.77408.88562.22741.87
Total Borrowing0.000.000.00
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)94.6017.05
Promoter Shareholding (Post-Issue)68.9413.10
P/E Ratio13.32-19.66
Market Cap₹849.04 Cr.₹4476.08 Cr.
ROE30.46-95.18
ROCE24.46-59.09
Debt/Equity0.320.15
EPS₹14.34₹-7.73
RoNW26.83-47.29

Shares Offered

In the Fabtech Technologies IPO Retail Individual Investors (RII) are offered 42,01,770 shares while in Turtlemint Fintech Solutions IPO retail investors are offered 42,01,770 shares. Qualified Institutional Buyers (QIB) are offered 60,02,526 shares in Fabtech Technologies IPO and 1,74,21,120 shares in Turtlemint Fintech Solutions IPO.

 Fabtech Technologies IPOTurtlemint Fintech Solutions IPO
Anchor Investor Reservation0 shares2,61,31,680 shares
Market Maker Reservation0 shares0 shares
QIB60,02,526 shares1,74,21,120 shares
NII18,00,759 shares87,10,559 shares
RII42,01,770 shares58,07,039 shares
Employee54,945 shares0 shares
Others
Total1,20,60,000 shares5,80,70,398 shares

Bids Received (Subscription)

Fabtech Technologies IPO subscribed 2.04x in total, whereas Turtlemint Fintech Solutions IPO subscribed 0.68x.

 Fabtech Technologies IPOTurtlemint Fintech Solutions IPO
QIB (times)2.02x1.63x
NII (times)1.97x0.55x
Big NII (times)1.65x0.54x
Small NII (times)2.60x0.56x
RII (times)2.09x1.11x
Employee (times)2.01x
Other (times)
Total (times)2.04x0.68x

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