Fabtech Technologies IPO, a book-built issue of 32.64 lakh shares, opens for subscription and will close on January 7, 2025. The IPO consists entirely of a fresh issue of 32.64 lakh shares and will list on the BSE SME platform with a tentative listing date of January 10, 2025.
The allotment for the IPO is expected to be finalized on January 8, 2025. With a retail quota of 35%, QIB at 50%, and HNI at 15%, the price bands for the IPO are yet to be announced. Fabtech Technologies reported a revenue of ₹97.99 crores in 2024 compared to ₹125.10 crores in 2023 and a profit of ₹5.78 crores in 2024 against ₹7.96 crores in the previous year. Based on financial performance, investors are advised to consider this IPO for long-term investment potential.
Overview of Contents
Fabtech Technologies IPO Overview
| Details | Information |
|---|---|
| IPO Date | January 3, 2025 to January 7, 2025 |
| Listing Date | January 10, 2025 |
| Face Value | ₹10 per share |
| Price Band | ₹80 to ₹85 Per Share |
| Lot Size | 1,600 Shares |
| Total Issue Size | 32,64,000 shares (aggregating up to ₹[.] Cr) |
| Fresh Issue | 32,64,000 shares (aggregating up to ₹[.] Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | BSE SME |
| Share Holding Pre Issue | 90,55,362 shares |
| Share Holding Post Issue | 1,23,19,362 shares |
| Market Maker Portion | 1,64,800 shares |
| DRHP | Click here |
| RHP Draft Prospectus | Click Here |
Fabtech Technologies IPO Dates
| 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 |
| 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 |
Fabtech Technologies IPO Market Lot
| Application | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 1 | 1,600 | ₹1,36,000 |
| Retail Maximum | 1 | 1,600 | ₹1,36,000 |
| S-HNI Minimum | 2 | 3,200 | ₹2,72,000 |
Fabtech Technologies IPOÂ Promoter Holding
| Details | Percentage |
|---|---|
| Shareholding Pre Issue | 93.07% |
| Shareholding Post Issue | [.] |
Fabtech Technologies IPO Reservation
| Investor Category | Shares Offered |
|---|---|
| QIB Shares Offered | Not more than 50% of the Net Issue |
| Retail Shares Offered | Not less than 35% of the Net Issue |
| NII (HNI) Shares Offered | Not less than 15% of the Net Issue |
About Fabtech Technologies IPO
Incorporated in 2015, Fabtech Technologies Cleanrooms Limited specializes in manufacturing pre-engineered and pre-fabricated modular panels and doors for cleanrooms in pharmaceutical, healthcare, and biotech sectors.
The company offers end-to-end cleanroom solutions, including panels, doors, HVAC systems, and electrification, supported by after-sales services. With a 70,000 sq. ft. manufacturing facility in Umbergaon, Gujarat, and a subsidiary facility in Murbad, Thane, the company ensures high-quality and economical-grade production.
Fabtech benefits from its diverse expertise, strategic growth integration, and a skilled team of 117 employees as of November 2024, positioning itself as a leader in the cleanroom infrastructure industry.
Fabtech Technologies Financial Performance
The financial performance of Fabtech Technologies reflects its steady growth and resilience over the years. The company has showcased consistent improvement in its net worth and reserves while maintaining a prudent borrowing strategy. Below is a detailed snapshot of the company’s financial metrics:
| Period Ended | 30 Sep 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|---|
| Assets | ₹9,438.96 lakhs | ₹8,911.75 lakhs | ₹8,057.67 lakhs | ₹8,187.62 lakhs |
| Revenue | ₹6,222.89 lakhs | ₹9,799.26 lakhs | ₹12,510.15 lakhs | ₹11,394.85 lakhs |
| Profit After Tax | ₹540.18 lakhs | ₹578.46 lakhs | ₹796.28 lakhs | ₹360.02 lakhs |
| Net Worth | ₹6,187.78 lakhs | ₹5,145.17 lakhs | ₹4,530.25 lakhs | ₹3,734.76 lakhs |
| Reserves and Surplus | ₹5,299.93 lakhs | ₹4,886.69 lakhs | ₹4,275.41 lakhs | ₹3,479.13 lakhs |
| Total Borrowing | ₹320.03 lakhs | ₹574.63 lakhs | ₹566.46 lakhs | ₹850.18 lakhs |
Fabtech Technologies IPO Valuation – FY2024
The following table outlines the key performance indicators of Fabtech Technologies, showcasing the company’s profitability, efficiency, and financial stability. These metrics reflect the company’s robust operational framework and prudent financial management.
| KPI | Values |
|---|---|
| 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) |
| Price/Earnings (P/E) Ratio | N/A |
| Return on Net Worth (RoNW) | 11.95% |
| Net Asset Value (NAV) | ₹61.56 |
Peer Group Comparison
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
|---|---|---|---|---|---|
| NA | – | – | – | – | – Cr. |
| NA | – | – | – | – | – Cr. |
Objects of the Issue
- For meeting long-term working capital requirements
- Proposed acquisition of equity shares of Kelvin Air Conditioning and Ventilation Systems Private Limited
- General Corporate Purposes.
Fabtech Technologies IPO Registrar
Maashitla Securities Private Limited
Phone: +91-11-45121795-96
Email:Â ipo@maashitla.com
Website: https://maashitla.com/allotment-status/public-issues
Company Address
Fabtech Technologies Cleanrooms Limited
615, Janki Center,
Off. Veera Desai Road,
Andheri West Mumbai, 400053
Phone: +91-22 4514 5321
Email:Â secretarial@fabtechnologies.com
Website: https://fabtechcleanroom.com/
Fabtech Technologies IPO FAQs
What are the Fabtech Technologies IPO dates?
The IPO opens on January 3, 2025, and closes on January 7, 2025.
What is the Fabtech Technologies IPO listing date?
The IPO is expected to list on January 10, 2025, on the BSE SME.
What is the price band for Fabtech Technologies IPO?
The price band is yet to be announced.
What is the issue size of Fabtech Technologies IPO?
The IPO comprises 32.64 lakh shares, aggregating up to ₹[.] crore.
Who are the promoters of Fabtech Technologies?
The promoters are Aasif Ahsan Khan, Aarif Ahsan Khan, Hemant Mohan Anavkar, and Manisha Hemant Anavkar.
What is the retail quota for Fabtech Technologies IPO?
Retail investors are allocated not less than 35% of the net issue.
What are the key financials of Fabtech Technologies?
As of 30 September 2024, the company reported ₹9,438.96 lakh in assets, ₹6,222.89 lakh in revenue, and ₹540.18 lakh in profit.
Where is the Fabtech Technologies manufacturing facility located?
The company has a 70,000 sq. ft. facility in Umbergaon, Gujarat, and a subsidiary facility in Murbad, Thane.