Fabtech Technologies Cleanrooms IPO Allotment Status

Summary

Fabtech Technologies Cleanrooms Limited specialises in manufacturing pre-engineered and pre-fabricated modular panels and doors for building cleanrooms in the pharmaceutical, healthcare, and biotech sectors. Operating from its manufacturing facility in Umbergaon, Gujarat, the company provides end-to-end cleanroom solutions, including panels, doors, HVAC systems, and electrification works. Through their subsidiary, Altair Partition Systems LLP, they also manufacture economical grade modular panels at their facility in Murbad, Thane.

The company has launched its IPO with a total issue size of ₹27.74 crore through a fresh issue of 32.64 lakh shares. The IPO opened on January 3, 2025, and closed on January 7, 2025. The allotment date for the Fabtech Technologies IPO is set for Wednesday, January 8, 2025.

Steps to Check Fabtech Technologies IPO Allotment Status on Registrar Site

• Visit Maashitla Securities Private Limited website.
• Select "Fabtech Technologies IPO" from the dropdown menu.
• Enter your PAN ID, Demat Account Number, or Application Number.
• Complete the captcha verification and click "Submit."

Steps to Check Fabtech Technologies IPO Allotment Status on BSE SME

• Visit the BSE or NSE IPO Allotment Page.
• Select "Fabtech Technologies IPO" from the dropdown menu.
• Enter your Application Number and PAN ID.
• Confirm captcha and click "Search."

Fabtech Technologies Subscription Status

The Fabtech Technologies IPO received an exceptional response, being subscribed 740.37 times overall. Here is a category-wise breakdown of the subscription as of 6:19:07 PM on January 7, 2025:

• Retail Category: 715.05 times
• Qualified Institutional Buyers (QIB): 224.50 times
• Non-Institutional Investors (NII): 1,485.52 times

As of 6:19:07 PM 

Utilisation of IPO Proceeds

The funds raised through the IPO will be utilised as follows:

• Working Capital Requirements: Meeting long-term working capital needs of the company.
• Strategic Acquisition: Proposed acquisition of equity shares of Kelvin Air Conditioning and Ventilation Systems Private Limited.
• General Corporate Purposes: Supporting various business objectives and operational needs.

Fabtech Technologies IPO - Listing Details

The shares of Fabtech Technologies Cleanrooms Limited are scheduled to list on January 10, 2025, on the BSE SME platform. The exceptional subscription rate of 740.37 times demonstrates strong investor confidence in Fabtech

Technologies' business model and growth prospects. The funds raised will support the company's expansion plans and operational needs, positioning it for future growth. Investors can check their allotment status through the registrar's website or BSE SME on January 8, 2025. The shares are set to debut on January 10, 2025, marking an important milestone for the company.