Fabtech Technologies IPO is a book-built issue offering a total of Rs 27.74 crores, with 32.64 lakh fresh shares being issued. This public offering marks an important milestone for the company, enabling it to raise capital for business growth, expansion, and other strategic initiatives. The IPO opens for subscription on January 3, 2025, and will close on January 7, 2025. The allotment process is expected to be finalized by January 8, 2025, with the listing of the shares on the BSE SME platform scheduled for January 10, 2025, pending market conditions.
The price band for the IPO is set between ₹80 and ₹85 per share, making it an accessible investment opportunity for a wide range of investors. Retail investors are required to apply for a minimum of 1,600 shares, which translates to an investment of ₹1,36,000. High Net-Worth Individuals (HNIs) must apply for a minimum of 2 lots (3,200 shares), requiring an investment of ₹2,72,000. The investment structure is designed to accommodate both retail and HNI participants, providing ample opportunities for investors to participate.
Vivro Financial Services Private Limited is the book-running lead manager for the IPO, bringing its experience in managing public offerings. Maashitla Securities Private Limited has been appointed as the registrar for the issue, ensuring efficient processing of applications and allotments. Rikhav Securities Limited will serve as the market maker, supporting liquidity in the secondary market after the IPO listing.
For detailed information on the company’s financials, objectives, and other relevant details, investors are encouraged to refer to the Fabtech Technologies IPO RHP (Red Herring Prospectus). The RHP provides comprehensive insights into the company’s business model, financial performance, risks, and more, helping investors make informed decisions before subscribing to the IPO. Stay updated on the allotment process, final listing date, and any important developments by checking the RHP and other official announcements.
Fabtech Technologies IPO Details
| IPO Date | January 3, 2025 to January 7, 2025 |
| Face Value | ₹10 per share |
| Price Band | ₹80 to ₹85 per share |
| Lot Size | 1,600 Shares |
| Total Issue Size | 32,64,000 shares (aggregating up to ₹27.74 Cr) |
| Fresh Issue | 32,64,000 shares (aggregating up to ₹ 27.74 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | BSE SME |
| Share Holding Pre Issue | 90,55,362 shares |
| Share Holding Post Issue | 1,23,19,362 shares |
| Market Maker Portion | 1,64,800 shares |
Fabtech Technologies IPO Timeline
Fabtech Technologies IPO opens for subscription on January 3, 2025, and closes on January 7, 2025.
| IPO Open Date | Friday, January 3, 2025 |
| IPO Close Date | Tuesday, January 7, 2025 |
| Basis of Allotment | Wednesday, January 8, 2025 |
| Initiation of Refunds | Thursday, January 9, 2025 |
| Credit of Shares to Demat | Thursday, January 9, 2025 |
| Listing Date | Friday, January 10, 2025 |
Fabtech Technologies IPO Lot Size
Investors can place bids for a minimum of 1,600 shares, with additional bids allowed in multiples of 1,600 shares, in the Fabtech Technologies IPO. The table below provides an overview of the minimum and maximum investment amounts for both retail investors and High Net-Worth Individuals (HNIs) in terms of shares and investment amounts:
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1600 | ₹1,36,000 |
| Retail (Max) | 1 | 1600 | ₹1,36,000 |
| HNI (Min) | 2 | 3,200 | ₹2,72,000 |
Fabtech Technologies IPO Reservation
| Investor Category | Shares Offered |
|---|---|
| QIB Shares Offered | Not more than 50% of the Net Issue |
| Retail Shares Offered | Not less than 35% of the Net Issue |
| NII (HNI) Shares Offered | Not less than 15% of the Net Issue |
About Fabtech Technologies Cleanrooms Limited
Fabtech Technologies Cleanrooms Limited, established in 2015, specializes in the manufacturing of pre-engineered and pre-fabricated modular panels and doors used in the construction of cleanrooms within the pharmaceutical, healthcare, and biotech industries. The company stands out as a comprehensive supplier of cleanroom products and technology, offering an array of solutions designed to meet the specific needs of cleanroom plants. Its product portfolio includes cleanroom panels, view panels, doors, ceiling panels, covings, HVAC systems, and electrification works, all tailored to fit the unique design and requirements of each plant.
With years of experience in designing, manufacturing, and installing cleanroom solutions, Fabtech Technologies is committed to providing complete support, including after-sales services. The company’s manufacturing facility, situated in Umbergaon, Valsad, Gujarat, spans 70,000 sq. ft. and is equipped with advanced machinery to produce high-quality cleanroom partitions. Additionally, through its subsidiary, Altair Partition Systems LLP, the company manufactures economical-grade modular panels. Altair’s facility, located in Murbad, Thane, covers 25,000 sq. ft. and is leased for production purposes. As of November 30, 2024, Fabtech Technologies employs 117 permanent staff members.
Competitive Strengths:
- Diverse Domain Expertise: Strong capabilities in cleanroom solutions, with a deep understanding of various industries.
- Effective Project Integration: Ability to seamlessly integrate and manage projects, ensuring efficient execution.
- Strategic Growth: Focus on inorganic growth through strategic partnerships and expansions.
- Support from Parent Company: Backed by a larger group company, providing additional resources and stability.
- End-to-End Solutions: An integrated provider of cleanroom infrastructure, with automated manufacturing facilities to support large-scale production.
- Experienced Leadership: A team of skilled promoters and senior management with vast domain knowledge, ensuring the company’s strong market position.
- Comprehensive Service Offering: End-to-end cleanroom infrastructure solutions, from design and manufacture to installation and maintenance.
FAQs – Fabtech Technologies IPO
What is Fabtech Technologies IPO?
The Fabtech Technologies IPO is a book-built issue where the company is offering 32.64 lakh fresh shares, raising a total of Rs 27.74 crores. The IPO opens for subscription on January 3, 2025, and closes on January 7, 2025.
What is the price band for Fabtech Technologies IPO?
The price band for the Fabtech Technologies IPO is set between ₹80 and ₹85 per share.
What is the minimum lot size for retail investors?
Retail investors must apply for a minimum of 1,600 shares, which equates to an investment of ₹1,36,000.
What is the minimum lot size for High Net-Worth Individuals (HNIs)?
High Net-Worth Individuals (HNIs) must apply for a minimum of 3,200 shares, which equals an investment of ₹2,72,000.
What are the key dates for Fabtech Technologies IPO?
- IPO Opening Date: January 3, 2025
- IPO Closing Date: January 7, 2025
- Allotment Finalization Date: January 8, 2025
- Listing Date: January 10, 2025 (tentative)
Who is the lead manager for Fabtech Technologies IPO?
Vivro Financial Services Private Limited is the book-running lead manager for the Fabtech Technologies IPO.
Who is the registrar for Fabtech Technologies IPO?
Maashitla Securities Private Limited is the registrar for the Fabtech Technologies IPO.
Where will the Fabtech Technologies IPO list?
The Fabtech Technologies IPO will list on the BSE SME (Small and Medium Enterprises) platform.
