Fabino Life Sciences was incorporated on October 27, 2011. It is a pharmaceutical and other wellness focused consumer products company operating from Delhi and Haryana.
| Bidding Dates |
|---|
| 31 Dec 2021 - 05 Jan 2022 |
| Subscription |
|---|
| 6.93x Oversubscribed |
| Minimum Investment | Minimum Lot | Maximum Lot | Lot Size | Number of Shares | Issue Price | Post Issue Promoter Holding % | Issue Size | IPO Document |
|---|---|---|---|---|---|---|---|---|
| ₹1,08,000 | 1 | 1 | 3000 | 900.0 K | ₹36 | 57.14 % | ₹32.4 M | RHP DOC |
Fabino Enterprises IPO SUBSCRIPTION STATUS
05 Jan '22Fabino Enterprises IPO overall subscription rate was 6.93 times the total available shares
Fabino Enterprises IPO retail subscription rate was 10.36 times in the retail segment
Fabino Enterprises IPO non-institutional investor subscription rate was 3.49 times in the non-institutional investor category
| Day | Retail Individual Investor | HNI (NII) Investors | Qualified Institutional Buyers |
|---|---|---|---|
| Category Reservation | 50% | 50% | - |
05 Jan 2022 (Day 4) | 10.36x | 3.49x | - |
31 Dec 2021 (Day 1) | 0.78x | 0.79x | - |
03 Jan 2022 (Day 2) | 3.61x | 1.69x | - |
04 Jan 2022 (Day 3) | 5.77x | 1.97x | - |
Fabino Enterprises FINANCIALS
| Period | Net Profit (Rs in millions) | Revenue from operations (Rs in millions) | Cash Flow from operations (Rs in millions) | Free Cash flow (Rs in millions) |
| 3MFY22 | 0.1 | 11.3 | -0.4 | -0.4 |
| FY21 | 0.3 | 30.6 | -4.5 | -5.4 |
| FY20 | 0.7 | 75.2 | 24.4 | 24.4 |
| FY19 | 0.0 | 27.6 | 1.8 | 1.8 |
Fabino Enterprises IPO SUBSCRIPTION STATUS DETAILS
Fabino Enterprises had 900.0 K shares on offer
Fabino Enterprises IPO offer price was ₹36
Fabino Enterprises IPO minimum Investment was ₹108000
Fabino Enterprises IPO issue size was ₹ 32.4 M
Fabino Enterprises had a minimum lot size of 3000 Shares per application
Fabino Enterprises NUMBER OF SHARES ON OFFER
Fabino Enterprises IPO IMPORTANT DATES
| Issue Open Date | 31 Dec 2021 |
| Issue close Date | 05 Jan 2022 |
| Allotment Date | 10 Jan 2022 |
| Refund Date | 11 Jan 2022 |
| Demat Account Credit Date | 12 Jan 2022 |
| Listing Date | 13 Jan 2022 |
| Listing on Exchange(s) | BSE |
| Fabino Enterprises Allotment Status | Exchange |
Fabino Enterprises IPO subscription opened on 31 Dec 2021, and closed on 05 Jan 2022
IPO allotment for Fabino Enterprises was finalized on Monday, 10 Jan 2022
IPO listing for Fabino Enterprises was on BSE on Thursday, 13 Jan 2022
Fabino Enterprises IPO LISTING GAINS
| Issue Price (adjusted) | 36.0 |
| Listing Open Price | 39.5 |
| Listing Close Price | 40.4 |
| Listing Gain% | 9.7% |
| Current Gain% | -43.6% |
Fabino Enterprises INFORMATION ON IPO ISSUE
About Fabino Enterprises
Fabino Life Sciences was incorporated on October 27, 2011. It is a pharmaceutical and other wellness focused consumer products company operating from Delhi and Haryana.
Object of the Issue
Part repayment of loans
Funding working capital requirements
General corporate purposes
Fabino Enterprises - PROMOTERS
| Name |
|---|
| Atul Kumar Jain |
Fabino Enterprises Lead Manager
Aryaman Financial Services Limited
ipo@afsl.co.in
Fabino Enterprises Registrar to the Offer
Bigshare Services Private Limited
ipo@bigshareonline.com
Fabino Enterprises Strengths
An experienced promoter from the pharmaceutical industry
Promoter is engaged in the pharmaceutical business for the last 17 years and has a proven background and rich experience in the pharmaceutical industry and has been instrumental in the consistent growth of the company’s performance
Diverse product portfolio
Company has diverse product portfolio across various segments to fulfil customer’s requirements.
Well Established Brand
More than 70 registrations for trademarks of products
Low debt balance sheet
Company has no outstanding loans from any banks or financial institutions.
Strong capability
Strong marketing and distribution network
Fabino Enterprises Risks
Outstanding litigation
There are outstanding litigation proceedings filed by the company
Dependent on few customers
Substantial portion of revenues has been dependent upon limited number of customers
Raw material requirement
Operations have significant raw material requirements
IPO FAQs
Fabino Life Sciences Ltd. IPO listing opened at Rs 39.50 while the issue price was Rs 36.00 giving 9.72% returns. After adjusting for subsequent bonus and splits, the stock trades at Rs 36.00 giving -43.58% gains since its IPO listing.
The promoter of the company is Atul Kumar Jain.
The category allocation of qualified institutional buyers is 0.0%, the category allocation of non individual investors or high networth individuals is 50.0% and for retail investors it is 50.0%.
The price band of the IPO is Rs 36.0 - 36.0.
The IPO application opens on Dec 31, 2021 and closes on Jan 05, 2022.
The minimum lot size for the IPO is 3000. The maximum lot size for the IPO is 3000.
For all category investors, the minimum application amount for this IPO is Rs. 108,000.0, the maximum value for this IPO is Rs 108,000.0.
This IPO will be allotted on Jan 10, 2022.
The refund will be credited to your account on Jan 11, 2022.
The allotted shares will be credited to your demat on Jan 12, 2022.
Fabino Life Sciences Ltd.’s shares listed on the stock exchanges on Jan 13, 2022.