The subscription period for Fabtech Technologies’ initial public offering (IPO) began on January 3, 2025, and it will end on January 7, 2025. On Wednesday, January 8, 2025, the allocation for the Fabtech Technologies first public offering is anticipated to be finalized.
The IPO pricing range for Fabtech Technologies is set at ₹80 to ₹85 per share, and the company is expected to list on the BSE SME on Friday, January 10. An application must have a minimum lot size of 1600. Retail investors must invest a minimum of ₹1,36,000 in order to qualify. HNI requires a minimum lot size investment of two lots (3,200 shares), or ₹2,72,000 in total.
The Fabtech Technologies IPO’s book running lead manager is Vivro Financial Services Private Limited, and the registrar is Maashitla Securities Private Limited.
Fabtech Technologies IPO Details
| IPO Date | January 3, 2025 to January 7, 2025 |
| Listing Date | [.] |
| 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 ₹27.74 Cr) |
| Fresh Issue | 32,64,000 shares (aggregating up to ₹ 27.74 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 Rikhav Securities Limited |
Information about the Fabtech Technologies
Fabtech Technologies Cleanrooms Limited was founded in 2015 and produces pre-engineered and pre-fabricated modular panels and doors for use in the construction of cleanrooms in the biotech, pharmaceutical, and healthcare industries.
The business provides cleanroom equipment and plant technologies from start to finish. Its product line, which is customized to plant designs and specifications, includes cleanroom panels, view panels, doors, ceiling panels, covings, HVAC systems, and electrical works.
With the required after-sales service support, the company has vast expertise designing, building, and installing cleanrooms for a variety of sectors.
The company’s 70,000 square foot manufacturing plant in Umbergaon, Valsad, Gujarat, is outfitted with top-notch equipment for producing cleanroom partitions. The business produces low-cost modular panels through Altair Partition Systems LLP, a subsidiary.