₹ 136000
₹80- ₹85
1600
₹161
90
7 Jan 2025
Download9 Jan 2025
10 Jan 2025
Application Details
The Fabtech Technologies IPO is scheduled to open on January 3, 2025, and close on January 7, 2025. The issue comprises a total of 32,64,000 shares, aggregating up to ₹27.74 crore, offered as a fresh issue. The IPO is a Book Built Issue with a price band of ₹80 to ₹85 per share and a face value of ₹10 per share. The minimum lot size is 1,600 shares, requiring a retail investor to invest a minimum of ₹1,36,000, while HNIs need to apply for at least 3,200 shares, amounting to ₹2,72,000.
The IPO reservation includes up to 50% of shares for Qualified Institutional Buyers (QIBs), not less than 35% for retail investors, and at least 15% for Non-Institutional Investors (HNIs). Post-closure, the basis of allotment will be finalized on January 8, 2025, with refunds initiated and shares credited to demat accounts on January 9, 2025. The company is expected to list on the BSE SME platform on January 10, 2025. Investors are required to confirm their UPI mandates by 5 PM on January 7, 2025, to complete their applications.
About Fabtech Technologies Cleanrooms Limited (SME IPO)
Fabtech Technologies Cleanrooms Limited, incorporated in 2015, specializes in manufacturing pre-engineered and pre-fabricated modular panels and doors designed for cleanroom construction in the pharmaceutical, healthcare, and biotech industries. The company serves as a comprehensive supplier of cleanroom solutions, offering products such as cleanroom panels, view panels, doors, ceiling panels, covings, HVAC systems, and electrification works, all customized to meet specific plant designs and requirements.
With extensive expertise in designing, manufacturing, and installing cleanrooms, the company also provides necessary after-sales service support, ensuring client satisfaction across various industries.
Fabtech Technologies operates a 70,000 sq. ft. manufacturing facility in Umbergaon, Valsad, Gujarat, equipped with advanced machinery for producing high-quality cleanroom partitions. Additionally, through its subsidiary, Altair Partition Systems LLP, the company manufactures modular panels of economical grade. Altair's leased facility in Murbad, Thane, spans 25,000 sq. ft., further enhancing the company’s production capacity and ability to cater to diverse customer needs.
FAQ
IPO stands for "Initial Public Offering." It's the process through which a privately-held company becomes publicly traded by offering its shares to the general public and listing them on a stock exchange for trading. This allows the company to raise capital from investors and grants individuals and institutions the opportunity to invest in and own a portion of the company.
The life cycle of an IPO, or Initial Public Offering, begins with a company's decision to go public. It involves hiring underwriters, registering with regulatory authorities, determining the IPO price, marketing to investors, and the subscription period where investors place orders for shares. After allocation and listing, shares become publicly tradable, and the company enters the secondary market. Ongoing reporting and corporate governance are crucial as the company continues to operate as a publicly-traded entity. The IPO aims to raise capital for growth and provides investors with opportunities to trade shares in the company.
An IPO (Initial Public Offering) is when a private company goes public by selling shares to the public. Investors buy these shares, giving them ownership in the company. It's a way for companies to raise capital and expand. The process involves underwriters, regulatory filings, setting the IPO price, and marketing to investors. After the IPO, shares can be traded on a stock exchange. IPOs offer opportunities and risks, so investors should research and consider carefully.
"Upcoming IPOs" refers to initial public offerings that have been announced by private companies but have not yet occurred. These are companies that plan to go public in the near future by issuing shares to the public and listing them on a stock exchange. Investors often keep an eye on upcoming IPOs as they represent opportunities to invest in companies at their early stages of public trading, potentially capturing growth potential. These offerings are typically accompanied by significant media and investor attention as they approach their launch dates.