Fabtech Technologies IPO

NiftyTrader • January 1, 2025

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Fabtech Technologies IPO opens for subscription on January 3, 2025 and closes on January 7, 2025. The allotment for the Fabtech Technologies IPO is expected to be finalized on Wednesday, January 8, 2025. Fabtech Technologies IPO will list on BSE SME with tentative listing date fixed as Friday, January 10, 2025.

Fabtech Technologies IPO price band is set at ₹80 to ₹85 per share. The minimum lot size for an application is 1600. The minimum amount of investment required by retail investors is ₹1,36,000. The minimum lot size investment for HNI is 2 lots (3,200 shares) amounting to ₹2,72,000.

Fabtech Technologies IPO is a book built issue of Rs 27.74 crores. The issue is entirely a fresh issue of 32.64 lakh shares.

Fabtech Technologies IPO Details

IPO Date	January 3, 2025 to January 7, 2025
Listing Date	[.]
Face Value	₹10 per share
Price	₹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
Shareholding 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 Lot Size

Investors can bid for a minimum of 1600 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.

Application	Lots	Shares	Amount
Retail (Min)	1	1600	₹1,36,000
Retail (Max)	1	1600	₹1,36,000
S-HNI (Min)	2	3400	₹2,72,000

Fabtech Technologies IPO Objectives

The Company intends to utilize the gross proceeds raised through the Issue after deducting the Issue related expenses for the following objects:

For meeting long-term working capital requirements
Proposed acquisition of equity shares of Kelvin Air Conditioning and Ventilation Systems Private Limited
General Corporate Purposes.

About Fabtech Technologies Cleanrooms

Incorporated in 2015, Fabtech Technologies Cleanrooms 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:

Diverse domain expertise with effective project integration capabilities
Strategic integration towards inorganic growth
Support from larger group company
Integrated cleanroom solution provider with automated manufacturing facilities
Experienced Promoters and senior management team with extensive domain knowledge
End-to-end cleanroom infrastructure solution provider

Fabtech Technologies Cleanrooms Financial Information

Period Ended	30 Sep 2024	31 Mar 2024	31 Mar 2023	31 Mar 2022
Assets	9,438.96	8,911.75	8,057.67	8,187.62
Revenue	6,222.89	9,799.26	12,510.15	11,394.85
Profit After Tax	540.18	578.46	796.28	360.02
Net Worth	6,187.78	5,145.17	4,530.25	3,734.76
Reserves and Surplus	5,299.93	4,886.69	4,275.41	3,479.13
Total Borrowing	320.03	574.63	566.46	850.18
				Amount in ₹ Lakhs

Fabtech Technologies IPO Reservation

Investor Category	Shares Offered
Retail Shares Offered	Not more than 50% of the Net Issue
Other Shares Offered	Not less than 35% of the Net Issue
NII (HNI) Shares Offered	Not less than 15% of the Net Issue

Fabtech Technologies IPO Timeline (Tentative Schedule)

Fabtech Technologies IPO opens 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
A credit of Shares to Demat	Thursday, January 9, 2025
Listing Date	Friday, January 10, 2025
Cut-off time for UPI mandate confirmation	5 PM on January 7, 2025