The IPO of Fabtech Technologies Cleanrooms Limited has garnered significant attention in the SME sector. This article delves into the details of the IPO, subscription status, and how to check allotment results online. With a clear focus on providing investors with actionable insights, we’ll also explore the financials, GMP, and the potential outlook for this IPO.
Introduction to Fabtech Technologies IPO
Fabtech Technologies Cleanrooms Limited specializes in manufacturing pre-engineered and pre-fabricated modular panels and doors for cleanrooms. These cleanrooms are essential for maintaining controlled environments in industries like pharmaceuticals, healthcare, and biotechnology. The company’s IPO, open from January 3 to January 7, 2025, aims to raise ₹27.74 crores.
Key IPO Details:
| Particulars | Details |
|---|---|
| IPO Date | Jan 3 – Jan 7, 2025 |
| Listing Platform | BSE SME |
| Price Band | ₹80 – ₹85 per share |
| Lot Size | 1,600 shares |
| Total Issue Size | ₹27.74 crore |
| Listing Date | Jan 10, 2025 |
Subscription Status
The IPO witnessed overwhelming participation from all investor categories, achieving a subscription rate of 740.37 times. Here’s a breakdown of the subscription data:
| Investor Category | Times Subscribed | Shares Offered | Shares Bid For |
|---|---|---|---|
| Qualified Institutional Buyers (QIBs) | 224.5 | 6,19,200 | 13.9 crore |
| Non-Institutional Investors (NIIs) | 1,485.52 | 4,65,600 | 69.16 crore |
| Retail Investors | 715.05 | 10,86,400 | 77.68 crore |
Steps to Check Fabtech Technologies IPO Allotment Status
Investors eagerly awaiting allotment can check the status via the registrar’s website or the BSE portal. Follow these simple steps:
On Maashitla Securities Website
- Visit Maashitla Securities.
- Click on ‘Allotment Status.’
- Select Fabtech Technologies Cleanrooms Limited from the dropdown.
- Enter your PAN, Application Number, or Demat Account Number.
- Submit the details to view your allotment status.
On BSE Website
- Go to the BSE Allotment Page.
- Select Equity as the issue type.
- Choose Fabtech Technologies Cleanrooms Limited from the dropdown.
- Enter your PAN or application number.
- Verify the captcha and click ‘Submit.’
Grey Market Premium (GMP) Analysis
The grey market premium (GMP) for Fabtech Technologies IPO is ₹105 per share, indicating strong market sentiment. At this premium, the expected listing price could be around ₹190, representing a 124% premium over the upper price band of ₹85.
Fabtech Technologies Financial Overview
A robust financial foundation has been pivotal in attracting investor confidence.
| Financial Year | Revenue (₹ Cr) | PAT (₹ Cr) | Net Worth (₹ Cr) |
|---|---|---|---|
| FY 2023-24 (H1) | 62.22 | 5.4 | 61.88 |
| FY 2022-23 | 97.99 | 5.78 | 51.45 |
| FY 2021-22 | 125.1 | 7.96 | 45.3 |
Competitive Strengths and Key Insights
Fabtech Technologies stands out due to its niche expertise in cleanroom solutions. Here are its competitive advantages:
- End-to-End Solutions: From design to installation, Fabtech offers a complete cleanroom solution.
- Diverse Clientele: Serving sectors like pharmaceuticals and biotech, the company caters to high-demand industries.
- Strategic Expansion: Funds raised will aid working capital needs and strategic acquisitions.
- First-Mover Advantage: As a key player in the cleanroom manufacturing sector, Fabtech enjoys minimal direct competition.
Post-IPO Shareholding Pattern
| Category | Pre-Issue (%) | Post-Issue (%) |
|---|---|---|
| Promoters | 93.07 | 75.36 |
| Public Shareholding | 6.93 | 24.64 |
Expected IPO Listing and Projections
Based on GMP and market buzz, the stock is expected to list on January 10, 2025, at a price of ₹190, offering substantial gains to investors.
Conclusion
The Fabtech Technologies IPO has captured investor interest due to its robust financials, niche expertise, and growth potential. With strong demand across all categories and a promising listing outlook, this IPO presents a compelling opportunity for long-term investors.
Disclaimer
This article is for informational purposes only and does not constitute financial advice. Investors are encouraged to perform their due diligence and consult financial advisors before making investment decisions.