Fabtech Technologies IPO is a book-built issue amounting to ₹27.74 crores. The issue consists entirely of a fresh issue of 32.64 lakh shares.
The subscription period for the Fabtech Technologies IPO opens on January 3, 2025, and closes on January 7, 2025. The allotment of shares is expected to be finalized on Wednesday, January 8, 2025, with the IPO scheduled to list on the BSE SME platform on Friday, January 10, 2025.
Fabtech Technologies operates in the engineering solutions sector, specifically focusing on the pharmaceutical, biotech, and healthcare industries. They provide comprehensive cleanroom solutions, including design, engineering, installation, and validation of cleanroom components like modular panels, doors, HVAC systems, and epoxy flooring.
The price band for the Fabtech Technologies IPO is set between ₹80 and ₹85 per share. The minimum lot size for retail investors is 1,600 shares, requiring a minimum investment of ₹1,36,000. High Net-worth Individuals (HNIs) are required to invest in a minimum of two lots (3,200 shares), amounting to ₹2,72,000.
Vivro Financial Services Private Limited is the book-running lead manager for the IPO, while Maashitla Securities Private Limited acts as the registrar. Rikhav Securities Limited is the market maker for the Fabtech Technologies IPO.
Fabtech Technologies IPO Details:
| Company Name | Fabtech Technologies Cleanrooms Limited |
| Sector | Engineering Solutions for Biotech |
| IPO Type | SME |
| IPO Open date | 03rd Jan 2025 |
| IPO Close date | 07th Jan 2025 |
| Listing Exchanges | BSE |
| DRHP Draft Prospectus | Click to check |
| RHP Draft Prospects | Click to check |
Fabtech Technologies IPO Lot Size:
| Application | Lot Size | Shares | Amount |
| Retail (Min) | 1 | 1600 | 1,36,000 |
| HNI (Min) | 2 | 3200 | 2,72,000 |
Fabtech Technologies IPO Timeline:
| IPO Open Date | 03rd Jan 2025 |
| IPO Close Date | 07th Jan 2025 |
| Basis of Allotment | 08th Jan 2025 |
| Refund Initiation Date | 09th Jan 2025 |
| Shares Credit to Demat | 09th Jan 2025 |
| Listing Date | 10th Jan 2025 |
Things to Consider before applying for an IPO
Financial Performance: Review Fabtech Technologies’ Financials to understand its revenue, profitability, and growth prospects.
Industry Outlook: Consider the overall health of India’s Engineering Solutions for Biotech Industry.
Valuation: Compare the price band to similar companies in the industry to see if the IPO is priced fairly.
Management Team: Research the experience and capabilities of the management team.
Our Verdict
This IPO offers a good opportunity to invest in Fabtech Technologies and be a part of its growth.
FAQ
What is Grey Market Premium (GMP)?
The Grey Market Premium (GMP) represents the price at which an Initial Public Offering (IPO) is traded in the unregulated grey market before its official listing. It serves as an indicator of how the IPO might perform on the listing day. Seeing the latest GMP, investors can estimate the listing performance of the IPO.
