Fabtech Technologies Cleanrooms Ltd. was incorporated on June 3, 2015. The company manufactures and provides design-to-validation solutions for pre-engineered and pre-fabricated modular panels and doors used in building cleanrooms for the pharmaceutical, healthcare, and biotech sectors. These cleanrooms are designed to maintain controlled environments with low levels of pollutants, dust, airborne microbes, aerosols, and chemical vapors
| Bidding Dates |
|---|
| 03 Jan 2025 - 07 Jan 2025 |
| Subscription |
|---|
| 688.21x Oversubscribed |
| Minimum Investment | Minimum Lot | Maximum Lot | Lot Size | Number of Shares | Issue Price Band | Post Issue Promoter Holding % | Issue Size | IPO Document |
|---|---|---|---|---|---|---|---|---|
| ₹1,28,000 | 1 | 1 | 1600 | 3.3 M | ₹80 - ₹85 | 68.41 % | ₹261.1 M - ₹277.4 M | RHP DOC |
Fabtech Technologies Cleanrooms Ltd. IPO SUBSCRIPTION STATUS
07 Jan '25Fabtech Technologies Cleanrooms Ltd. IPO overall subscription rate was 688.21 times the total available shares
Fabtech Technologies Cleanrooms Ltd. IPO retail subscription rate was 950.14 times in the retail segment
Fabtech Technologies Cleanrooms Ltd. IPO non-institutional investor subscription rate was 1974.36 times in the non-institutional investor category
Fabtech Technologies Cleanrooms Ltd. IPO Qualified Institutional Bidder subscription rate was 119.01 times the available shares for Qualified Institutional Bidder
| Day | Retail Individual Investor | HNI (NII) Investors | Qualified Institutional Buyers |
|---|---|---|---|
| Category Reservation | 35% | 15% | 50% |
07 Jan 2025 (Day 3) | 950.14x | 1974.36x | 119.01x |
06 Jan 2025 (Day 2) | 350.04x | 229.14x | 3.96x |
03 Jan 2025 (Day 1) | 45.02x | 18x | - |
Fabtech Technologies Cleanrooms Ltd. 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) | Margins |
| H1FY25 | 51.9 | 619.3 | 41.2 | 39.4 | 12.1% |
| FY24 | 56.5 | 973.9 | 27.6 | 12.2 | 9.2% |
| FY23 | 80.1 | 1,246.7 | 79.8 | 79.0 | 10.6% |
| FY22 | 36.5 | 1,137.0 | 27.3 | 23.4 | 5.6% |
Fabtech Technologies Cleanrooms Ltd. IPO SUBSCRIPTION STATUS DETAILS
Fabtech Technologies Cleanrooms Ltd. had 3.3 M shares on offer
Fabtech Technologies Cleanrooms Ltd. IPO offer price was in the range ₹80 - ₹85
Fabtech Technologies Cleanrooms Ltd. IPO minimum Investment was ₹128000
Fabtech Technologies Cleanrooms Ltd. IPO issue size was ₹ 261.1 M - ₹ 277.4 M
Fabtech Technologies Cleanrooms Ltd. had a minimum lot size of 1600 Shares per application
Fabtech Technologies Cleanrooms Ltd. NUMBER OF SHARES ON OFFER
Fabtech Technologies Cleanrooms Ltd. IPO IMPORTANT DATES
| Issue Open Date | 03 Jan 2025 |
| Issue close Date | 07 Jan 2025 |
| Allotment Date | 08 Jan 2025 |
| Refund Date | 09 Jan 2025 |
| Demat Account Credit Date | 09 Jan 2025 |
| Listing Date | 10 Jan 2025 |
| Listing on Exchange(s) | BSE |
| Fabtech Technologies Cleanrooms Ltd. Allotment Status | Exchange |
Fabtech Technologies Cleanrooms Ltd. IPO subscription opened on 03 Jan 2025, and closed on 07 Jan 2025
IPO allotment for Fabtech Technologies Cleanrooms Ltd. was finalized on Wednesday, 08 Jan 2025
IPO listing for Fabtech Technologies Cleanrooms Ltd. was on BSE on Friday, 10 Jan 2025
Fabtech Technologies Cleanrooms Ltd. IPO LISTING GAINS
| Issue Price (adjusted) | 85.0 |
| Listing Open Price | 161.5 |
| Listing Close Price | 169.6 |
| Listing Gain% | 90.0% |
| Current Gain% | 352.9% |
Fabtech Technologies Cleanrooms Ltd. Peer
| Stock | Stock Price | Market Cap (Rs crore) | PE TTM | PEG TTM | PS TTM | ROE% | ROA% | Annual Revenue (Rs crore) | Annual Revenue Growth % | Annual Net Profit (Rs crore) | Annual Net Profit Growth % | EPS TTM | EPS TTM Growth % |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fabtech Technologies Cleanrooms Ltd. | 385 | 474.3 | 30 | 1.6 | 2.1 | 15.2 | 8.5 | 221.7 | 46.9 | 15.8 | 19 | 12.8 | 19 |
| Tarsons Products Ltd. | 312.3 | 1661.6 | 116 | -2.2 | 3.9 | 2.2 | 1.2 | 446.7 | 9.4 | 14.3 | -51.9 | 2.7 | -51.9 |
| Hemant Surgical Industries Ltd. | 356.2 | 464.5 | 24.2 | 13.9 | 7 | 237.7 | 112.7 | 19.2 | 138.7 | 14.7 | |||
| Prevest Denpro Ltd. | 380.8 | 457.1 | 22.3 | 1.7 | 6.4 | 16.4 | 15.4 | 76.7 | 14.4 | 20.5 | 12.9 | 17.1 | 12.9 |
| Aprameya Engineering Ltd. | 142.6 | 271.5 | 53.2 | 7.4 | 6.2 | 55.6 | -59.2 | 5.1 | -68.3 | 2.7 | |||
| QMS Medical Allied Services Ltd. | 113.3 | 219.1 | 18.4 | -0.2 | 1.3 | 11.4 | 5.6 | 173.9 | 10.3 | 11.9 | -1.5 | 6.2 | -73.8 |
Fabtech Technologies Cleanrooms Ltd. INFORMATION ON IPO ISSUE
About Fabtech Technologies Cleanrooms Ltd.
Fabtech Technologies Cleanrooms Ltd. was incorporated on June 3, 2015. The company manufactures and provides design-to-validation solutions for pre-engineered and pre-fabricated modular panels and doors used in building cleanrooms for the pharmaceutical, healthcare, and biotech sectors. These cleanrooms are designed to maintain controlled environments with low levels of pollutants, dust, airborne microbes, aerosols, and chemical vapors
Object of the Issue
- To meet long-term working capital requirements
- Proposed acquisition of equity shares of Kelvin Air Conditioning and Ventilation Systems
- General corporate purposes
Fabtech Technologies Cleanrooms Ltd. - PROMOTERS
| Name |
|---|
| Aasif Ahsan Khan |
| Aarif Ahsan Khan |
| Hemant Mohan Anavkar |
| Manisha Hemant Anavkar |
Fabtech Technologies Cleanrooms Ltd. Lead Manager of the Issue
Vivro Financial Services Private Limited
investors@vivro.net
Fabtech Technologies Cleanrooms Ltd. Registrar to the issue
Maashitla Securities Private Limited
ipo@maashitla.com
Fabtech Technologies Cleanrooms Ltd. Strengths
Strategic integration towards inorganic growth
The company has strategically invested in key businesses to gain control over essential elements for executing cleanroom projects. These investments include Advantek, a manufacturer of Air Handling Units, and Kelvin, an integrator for critical HVAC applications serving various industries
Integrated cleanroom & automated manufacturing solutions
The plant is equipped with a complete range of high-performance machinery for manufacturing cleanroom partitions. This includes critical equipment like roll-forming machines, used for cutting and bending metal sheets to create trays of various sizes
End-to-end cleanroom infrastructure solution provider
The company is an end-to-end supplier of cleanroom products and technology for plants. Its product offerings include cleanroom panels, view panels, doors, ceiling panels, covings, HVAC systems, and electrification works, all tailored to the design and requirements of each plant
Fabtech Technologies Cleanrooms Ltd. Risks
Dependent on pharma, healthcare, & biotech sectors
The majority of the company's customers operate in the pharmaceuticals, healthcare, and biotech sectors. Any adverse factors affecting these sectors or capital expenditures by companies within them could negatively impact the business, results, and financial condition
Approvals and licenses
The company requires certain approvals and licenses for its operations. Failure to obtain, renew, or update these registrations could adversely impact its operations, results, and financial condition
Labour-intensive
The company's labour-intensive operations may face disruptions due to strikes, work stoppages, or increased employee wage demands
IPO FAQs
The promoters of the company are Aasif Ahsan Khan, Aarif Ahsan Khan, Hemant Mohan Anavkar and Manisha Hemant Anavkar.
The category allocation of qualified institutional buyers is 50.0%, the category allocation of non individual investors or high networth individuals is 15.0% and for retail investors it is 35.0%.
The price band of the IPO is Rs 80.0 - 85.0.
The IPO application opens on Jan 03, 2025 and closes on Jan 07, 2025.
The minimum lot size for the IPO is 1600. The maximum lot size for the IPO is 1600.
For all category investors, the minimum application amount for this IPO is Rs. 128,000.0, the maximum value for this IPO is Rs 136,000.0.
This IPO will be allotted on Jan 08, 2025.
The refund will be credited to your account on Jan 09, 2025.
The allotted shares will be credited to your demat on Jan 09, 2025.
Fabtech Technologies Cleanrooms Ltd.’s shares listed on the stock exchanges on Jan 10, 2025.