Fabtech Technologies IPO Details
The key details of Fabtech Technologies’s IPO are outlined below, covering all crucial aspects from price range to investment requirements and regulatory documents.
| IPO Size | ₹27.74 Cr |
| Price Range | ₹80 - ₹85 |
| Retail Quota | 35% |
| QIB Quota | 50% |
| NII Quota | 15% |
| Employee Discount | -- |
| Listing at | BSE |
| Minimum Quantity | 1600 |
| Investment (cut-off price) | ₹1,36,000 |
| Pre IPO Promotor Holding | 93.07% |
| Post IPO Promotor Holding | Update soon |
| DHRP Draft | Click Here |
| RHP Draft | Click Here |
| Anchor Investors List | Click Here |
Fabtech Technologies IPO Timelines
The IPO process for Fabtech Technologies includes key dates for participants to know. The timeline allows for strategic planning and participation, helping investors stay informed and engaged throughout the entire process.
03/01/2025
Start Date07/01/2025
End Date09/01/2025
Refund Initiation09/01/2025
Credit of Shares to Demat Ac10/01/2025
Listing DateFabtech Technologies IPO Lot Size
The Fabtech Technologies IPO has a fixed lot size of 1,600 shares, at an upper price band of ₹85 per share, requiring ₹136,000 per lot for retail investors. For HNI investors, the minimum application is 3,200 shares (2 lots) amounting to ₹272,000.
| Application | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 1 | 1600 | ₹1,36,000 |
| Retail Maximum | 1 | 1600 | ₹1,36,000 |
| HNI Minimum | 2 | 3200 | ₹2,72,000 |
Fabtech Technologies IPO Subscription Status
The subscription status for Fabtech Technologies IPO shows market demand across different investor categories, providing valuable insights into the offering’s performance. You can track real-time subscription data below.
| QIB | NII | Retail | EMP | Total |
|---|---|---|---|---|
| 224.50x | 1,485.51x | 715.05x | -- | 740.37x |
IPO Performance on Listing Day
On the listing day (January 10, 2025), Fabtech Technologies made a stellar debut on the stock exchange. The stock opened at ₹161.50, delivering a remarkable premium of 90% over its issue price of ₹85. Throughout the trading session, the stock maintained strong buying momentum, climbing to a high of ₹169.57 while holding firm at its opening price. The shares ended their first trading day at ₹169.57, securing an outstanding gain of 99.5% over the issue price, showcasing robust investor appetite for this technology player.
| Opening Price | Closing Price | Day High | Day Low |
|---|---|---|---|
| ₹161.50 | ₹169.57 | ₹169.57 | ₹161.50 |
Fabtech Technologies IPO Company Financials
Fabtech Technologies Cleanrooms reports robust performance in FY2024 with Total Income of ₹97.99 crores, managing expenses at ₹90.46 crores, and achieving a strong PAT (Profit After Tax) of ₹5.78 crores, demonstrating significant growth potential ahead of its public offering.
| Year | Total Income | Total Expense | PAT |
|---|---|---|---|
| FY 2022 | ₹113.95 | ₹108.81 | ₹3.60 |
| FY 2023 | ₹125.10 | ₹113.55 | ₹7.96 |
| FY 2024 | ₹97.99 | ₹90.46 | ₹5.78 |
| FY 2025 (6 M) | ₹62.23 | ₹55.18 | ₹5.40 |
About Company
Fabtech Technologies Cleanrooms Limited, founded in 2015, specializes in manufacturing pre-engineered and pre-fabricated modular panels and doors for cleanrooms in the pharmaceutical, healthcare, and biotech sectors. The company offers a comprehensive range of products, including cleanroom panels, doors, ceiling panels, HVAC systems, and electrification works, all tailored to specific plant requirements. Fabtech provides end-to-end cleanroom solutions, including design, manufacturing, installation, and after-sales service support, with a focus on ensuring superior quality and customization.
With over two decades of experience in clean air technology, Fabtech Cleanrooms has set industry standards for excellence and innovation. The company’s manufacturing facilities in Umbergaon, Gujarat, and Murbad, Thane, are equipped with state-of-the-art machinery to produce high-performance cleanroom products. Fabtech is known for its expertise in designing and implementing intelligent cleanroom systems and HVAC solutions, ensuring efficient contamination risk mitigation across diverse industries. Its in-house team of experts offers tailored turnkey solutions, delivering high-quality installations that meet the most exacting standards. As of November 30, 2024, the company employs 117 permanent staff.
| Incorporation Date | Sector | Managing Director |
|---|---|---|
| 2015 | Miscellaneous | Anup Munshi |
Know Before Investing
Fabtech Technologies IPO Strengths
- Fabtech provides end-to-end cleanroom solutions, including design, manufacturing, and installation, catering to the pharmaceutical, healthcare, and biotech sectors.
- With over 28 years of experience in the engineering sector, the company has a solid foundation and expertise in cleanroom technologies.
- The IPO aims to raise funds for strategic acquisitions and expansion of the product portfolio, enhancing market competitiveness.
- The company operates advanced manufacturing facilities in Gujarat and Thane, ensuring high-quality production capabilities.
- Increasing focus on health and safety protocols drives demand for cleanroom solutions, positioning Fabtech for significant growth opportunities.
Fabtech Technologies IPO Risks
- The company experienced a significant decrease in revenue from ₹1,251 million in FY23 to ₹980 million in FY24, indicating potential market challenges.
- A substantial portion of revenue is derived from a limited number of customers, making the company vulnerable to any changes in their project demands.
- Ongoing legal proceedings against the company and its directors could result in financial liabilities and reputational damage.
- Dependence on a few suppliers for key raw materials without long-term supply agreements may lead to operational disruptions.
- The need for various approvals and licenses poses a risk; delays or failures in obtaining these could disrupt operations.
Swot Analysis for Fabtech Technologies IPO
Strengths
Specialized Expertise, Comprehensive Product Range, Strong Clientele, Advanced Manufacturing Facilities
Weaknesses
Revenue Decline, Limited Brand Recognition, Dependence on Specific Sectors
Opportunities
Growing Market Demand, Expansion Potential, Strategic Acquisitions
Threats
Intense Competition, Economic Volatility, Regulatory Compliance Risks
Company Details
Fabtech Technologies Cleanrooms Limited
615, Janki Center,
Off. Veera Desai Road,
Andheri West Mumbai, 400053
Phone: +91-22 4514 5321
Email: secretarial@fabtechnologies.com
Website: https://fabtechcleanroom.com/
IPO Registar Details
Maashitla Securities Private Limited
Phone: +91-11-45121795-96
Email: ipo@maashitla.com
Website: https://maashitla.com/allotment-status/public-issues
FAQs
The key objectives of Fabtech Technologies IPO are:
- Meeting long-term working capital needs
- Acquiring equity shares of Kelvin Air Conditioning and Ventilation Systems Pvt. Ltd.
- For general corporate purposes
Vivro Financial Services Private Limite is the book-running lead managers for the Fabtech Technologies IPO.