Bookbuilding IPO | ₹28 Cr | Listed at BSE SME | Fri, Jan 3, 2025 - Tue, Jan 7, 2025
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 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 for investment in 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 Open
Fri, Jan 3, 2025
IPO Close
Tue, Jan 7, 2025
Issue Price
₹85 per share
Market Cap (Pre-IPO)
₹104.71 Cr
| IPO Date | 3 to 7 Jan, 2025 |
| Listed on | Fri, Jan 10, 2025 |
| Face Value | ₹10 per share |
| Price Band | ₹80 to ₹85 |
| Issue Price | ₹85 per share |
| Lot Size | 1,600 Shares |
| Sale Type | Fresh capital only |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE SME |
| Total Issue Size | 32,64,000 shares (agg. up to ₹28 Cr) |
| Reserved for Market Maker | 1,64,800 shares Rikhav Securities Ltd. (agg. up to ₹1 Cr) |
| Fresh Issue (Ex Market Maker) | 30,99,200 shares (agg. up to ₹26 Cr) |
| Net Offered to Public | 30,99,200 shares (agg. up to ₹26 Cr) |
| Share Holding Pre Issue | 90,55,362 shares |
| Share Holding Post Issue | 1,23,19,362 shares |
| BSE Script Code | 544332 |
| ISIN | INE0HSD01011 |
Fabtech Technologies IPO comprises a total issue size of 32,64,000 shares. The net offer to the public is 30,99,200 shares, after excluding 1,64,800 shares allotted on a firm basis. Of the Net offer 15,47,200 (49.92%) are allocated to QIB, 4,65,600 (15.02%) allocated to NII 10,86,400 (35.05%) allocated to RII.
| Investor Category | Shares Offered | % of Net Issue | % of Total Issue |
|---|---|---|---|
| QIB Shares Offered | 15,47,200 | 49.92% | 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 | 15.02% | 14.26% |
| Retail Shares Offered | 10,86,400 | 35.05% | 33.28% |
| Firm Reservations | |||
| Market Maker Shares Offered | 1,64,800 | 5.05% | |
| Total Shares Offered | 32,64,000 | 100.00% | 100.00% |
Investors can bid for a minimum of 1,600 shares and in multiples thereof.
| 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 |
Fabtech Technologies IPO raises ₹7.89 crore from anchor investors. Fabtech Technologies IPO Anchor bid date is January 2, 2025.
| Bid Date | Thu, Jan 2, 2025 |
| Shares Offered | 9,28,000 |
| Anchor Portion (₹ Cr.) | 7.89 |
| Anchor lock-in period end date for 50% shares (30 Days) | Sat, Feb 8, 2025 |
| Anchor lock-in period end date for remaining shares (90 Days) | Tue, Apr 8, 2025 |
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:
| Period Ended | 30 Sep 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|---|
| Assets | 94.39 | 89.12 | 80.58 | 81.88 |
| Total Income | 62.23 | 97.99 | 125.10 | 113.95 |
| Profit After Tax | 5.40 | 5.78 | 7.96 | 3.60 |
| NET Worth | 61.88 | 51.45 | 45.30 | 37.35 |
| Reserves and Surplus | 53.00 | 48.87 | 42.75 | 34.79 |
| Total Borrowing | 3.20 | 5.75 | 5.66 | 8.50 |
| Amount in ₹ Crore | ||||
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Boss Packaging Solutions Ltd. | SME | ₹8.41 Cr | ₹66 | 20.72 | ₹86.60 | +31.21% | ₹33.35 (-4.99%) |
| Kataria Industries Ltd. | SME | ₹54.57 Cr | ₹96 | 15.18 | ₹191.50 | +99.48% | ₹99.45 (+1.48%) |
| Prizor Viztech Ltd. | SME | ₹25.15 Cr | ₹87 | 12.17 | ₹173.55 | +99.48% | ₹821.10 (+2.00%) |
| Energy-Mission Machineries (India) Ltd. | SME | ₹41.15 Cr | ₹138 | 14.58 | ₹384.25 | +178.44% | ₹126.60 (-5.52%) |
| Faalcon Concepts Ltd. | SME | ₹12.09 Cr | ₹62 | 16.85 | ₹90.25 | +45.56% | ₹40.95 (+2.63%) |
| Vruddhi Engineering Works Ltd. | SME | ₹4.76 Cr | ₹70 | 17.13 | ₹74.55 | +6.50% | ₹224.25 (+6.76%) |
| Sona Machinery Ltd. | SME | ₹51.82 Cr | ₹143 | 18.8 | ₹131.25 | -8.22% | ₹32.75 (+0.46%) |
| Mamata Machinery Ltd. | Mainboard | ₹179.35 Cr | ₹243 | 15.3 | ₹630.00 | +159.26% | ₹378.40 (+0.04%) |
| Gala Precision Engineering Ltd. | Mainboard | ₹167.93 Cr | ₹529 | 23.95 | ₹757.15 | +43.13% | ₹1,196.80 (+2.35%) |
| DEE Development Engineers Ltd. | Mainboard | ₹418.01 Cr | ₹203 | 83 | ₹335.32 | +65.18% | ₹703.50 (-2.33%) |
| JNK India Ltd. | Mainboard | ₹649.47 Cr | ₹415 | 43.32 | ₹694.55 | +67.36% | ₹496.85 (-8.78%) |
| Jyoti CNC Automation Ltd. | Mainboard | ₹1,000.00 Cr | ₹331 | 433.43 | ₹434.20 | +31.18% | ₹799.05 (-0.59%) |
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | For meeting long-term working capital requirements | 14.00 |
| 2 | Proposed acquisition of equity shares of Kelvin Air Conditioning and Ventilation Systems Pvt.Ltd. | 5.50 |
| 3 | General Corporate Purposes | 4.96 |
| 4 | Issue expenses | 3.29 |
| Total | 27.74 |
| KPI | Mar 31, 2024 |
|---|---|
| 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 (₹) | 6.39 | 8.77 |
| P/E (x) | 13.31 | 9.69 |
| Promoter Holding | 93.07% | 68.41% |
| Market Cap | ₹104.71 Cr. |
The Fabtech Technologies IPO IPO subscription status. Full data available on IPOMatrix.com.
| Category | Subscription (times) | Shares Offered | Shares bid for | Total Applications |
|---|---|---|---|---|
| Total | 476.37 | 30,99,200 | 1,47,63,53,600 | 5,26,055 |
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Fees payable to BRLM and commission (including selling commission, brokerage and underwriting commission) | 1.76 |
| 2 | Commission/processing fee for SCSBs, Sponsor Bank and Bankers to the Issue and bidding/uploading charges for Members of the Syndicate, Registered Brokers, RTAs and CDPs | 0.18 |
| 3 | Fees payable to the Registrar to the Issue | 0.01 |
| 4 | Others: Listing fees, SEBI filing fees, BSE processing fees and other regulatory expenses; | 0.22 |
| 5 | Printing and stationery expenses; | 0.14 |
| 6 | Advertising and marketing expenses; | 0.18 |
| 7 | Fees payable to legal counsel | 0.12 |
| 8 | Other Expenses (including brokerage and selling commission and bidding charges of members of the syndicate, marketing and selling expenses, fees payable to auditors, market maker, consultants, market research firms and other professional agencies, stamp duty charges and other miscellaneous expenses) | 0.69 |
| Price Details | BSE SME |
|---|---|
| Final Issue Price | ₹85.00 |
| Open | ₹161.50 |
| Low | ₹161.50 |
| High | ₹169.57 |
| Last Trade | ₹169.57 |
Lead Manager Reports
Fabtech Technologies IPO is a SME IPO of 32,64,000 equity shares of the face value of ₹10 aggregating up to ₹28 Crores. The issue is priced at ₹85 per share. The minimum order quantity is 1600.
The IPO opens on Fri, Jan 3, 2025, and closes on Tue, Jan 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 Fri, Jan 3, 2025 and closes on Tue, Jan 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 Thu, Jan 9, 2025. Check the Fabtech Technologies IPO allotment status.
The Fabtech Technologies IPO listing date is on Fri, Jan 10, 2025.
