Fabtech Technologies IPO: Comprehensive Overview and Key Details
Fabtech Technologies has announced its initial public offering (IPO), opening for subscription on January 3, 2025, and closing on January 7, 2025. The IPO is structured as a Book Built Issue, aiming to raise approximately ₹[.] crores, comprising a fresh issue of ₹[.] crores and an offer for sale of up to [.] equity shares with a face value of ₹10 per share. Below, we provide detailed insights about the IPO, its financials, and more.
Fabtech Technologies IPO Details
- IPO Open Date: January 3, 2025
- IPO Close Date: January 7, 2025
- Face Value: ₹10 per equity share
- IPO Price Band: ₹[.] to ₹[.] per share
- Issue Size: Approx ₹[.] crores
- Fresh Issue: Approx ₹[.] crores
- Issue Type: Book Built Issue
- Listing Platform: BSE SME
- Retail Quota: Not more than 35%
- Qualified Institutional Buyers (QIB) Quota: Not more than 50%
- Non-Institutional Investors (NII) Quota: Not more than 15%
Market Lot and Application Details
The minimum market lot for Fabtech Technologies IPO consists of [.] shares, requiring an application amount of ₹[.].
| Application Type | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 1 | – | ₹– |
| Retail Maximum | 1 | – | ₹– |
| S-HNI Minimum | 2 | – | ₹– |
Key IPO Dates
| Event | Date |
|---|---|
| IPO Open Date | January 3, 2025 |
| IPO Close Date | January 7, 2025 |
| Basis of Allotment | January 8, 2025 |
| Refunds Issued | January 9, 2025 |
| Credit to Demat | January 9, 2025 |
| IPO Listing Date | January 10, 2025 |
Fabtech Technologies Financial Performance
The company has demonstrated a fluctuating financial performance over recent years, as shown below:
| Year | Revenue (₹ Cr) | Expenses (₹ Cr) | Profit After Tax (₹ Cr) | Assets (₹ Cr) |
|---|---|---|---|---|
| 2022 | ₹113.95 | ₹108.81 | ₹3.60 | ₹81.88 |
| 2023 | ₹125.10 | ₹113.55 | ₹7.96 | ₹80.58 |
| 2024 | ₹97.99 | ₹90.46 | ₹5.78 | ₹89.12 |
| Sep 2024 (6 months) | ₹62.23 | ₹55.18 | ₹5.40 | ₹94.39 |
The company reported ₹97.99 crores in revenue in FY 2024 compared to ₹125.10 crores in FY 2023. Similarly, net profit decreased to ₹5.78 crores in FY 2024 from ₹7.96 crores in FY 2023.
Valuation Metrics (FY 2024)
| Metric | Value |
|---|---|
| Return on Equity (ROE) | 11.96% |
| Return on Capital Employed (ROCE) | 15.83% |
| EBITDA Margin | 9.24% |
| PAT Margin | 5.90% |
| Debt-to-Equity Ratio | 0.11 |
| Earnings Per Share (EPS) | ₹6.92 (Basic) |
| Net Asset Value (NAV) | ₹61.56 |
Objects of the Issue
The funds raised through the IPO will be utilized for the following purposes:
- Meeting long-term working capital requirements.
- Proposed acquisition of equity shares in Kelvin Air Conditioning and Ventilation Systems Private Limited.
- General corporate purposes.
Promoters of Fabtech Technologies IPO
The company is promoted by:
- Aasif Ahsan Khan
- Aarif Ahsan Khan
- Hemant Mohan Anavkar
- Manisha Hemant Anavkar
Registrar and Lead Managers
- Registrar: Maashitla Securities Private Limited
- Phone: +91-11-45121795-96
- Email: ipo@maashitla.com
- Website: Maashitla Securities
- Lead Manager: Vivro Financial Services Private Limited
Company Address
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: Fabtech Cleanroom
Fabtech Technologies IPO FAQs
- What is Fabtech Technologies IPO?
Fabtech Technologies IPO is a small and medium enterprise (SME) IPO aiming to raise ₹[.] crores through a Book Built Issue. - When will the Fabtech Technologies IPO open for subscription?
The IPO opens on January 3, 2025, and closes on January 7, 2025. - What is the price band for Fabtech Technologies IPO?
The price band is set at ₹[.] to ₹[.] per equity share. - What are the investor quotas for Fabtech Technologies IPO?
- QIB: 50%
- NII: 15%
- Retail: 35%
- What is the listing date for Fabtech Technologies IPO?
The IPO is scheduled to list on January 10, 2025, on the BSE SME platform.
Summary of Fabtech Technologies IPO
The Fabtech Technologies IPO will open for subscription from January 3, 2025, to January 7, 2025. This Book Built Issue aims to raise approximately ₹[.] crores, with a fresh issue of ₹[.] crores and an offer for sale up to [.] equity shares. The IPO price band is set at ₹[.] to ₹[.] per share, with a face value of ₹10 per equity share. The IPO will list on the BSE SME platform on January 10, 2025.
Key Details:
- Retail Quota: 35%
- QIB Quota: 50%
- NII Quota: 15%
- Basis of Allotment: January 8, 2025
- Refunds/Credit to Demat: January 9, 2025
The company’s 2024 financials show a revenue of ₹97.99 crores and a profit of ₹5.78 crores, a decline from ₹125.10 crores in revenue and ₹7.96 crores in profit in 2023. The IPO proceeds will be utilized for working capital, acquisition of Kelvin Air Conditioning and Ventilation Systems, and general corporate purposes.
For investors, this IPO presents an opportunity for long-term gains based on the company’s steady financial performance and growth potential in the cleanroom technology sector.