Fabtech Technologies IPO - Day 3 Subscription at 238.22 Times

Fabtech Technologies' initial public offering (IPO) has received extraordinary investor interest over the three-day period. The IPO witnessed remarkable growth in demand, with subscription rates progressing from 19.86 times on day one, to 170.85 times on day two, and reaching an impressive 238.22 times by 11:44 AM on the final day.
 

Fabtech Technologies IPO, which opened on 3rd January 2025, has seen outstanding participation across categories. The Non-Institutional Investors have demonstrated exceptional interest, reaching 339.98 times subscription, while Retail Investors achieved remarkable subscription at 324.39 times. The QIB portion has also shown steady growth, reaching 10.53 times.

Fabtech Technologies IPO’s robust response comes amid positive sentiment in the Indian stock market, particularly towards companies in the specialized manufacturing sector serving pharmaceutical and healthcare industries. Being listed on the BSE SME platform, the issue has attracted significant investor attention across categories.

Subscription Status of Fabtech Technologies IPO:

*As of 11:44 AM

Here are the subscription details for Fabtech Technologies IPO as of Day 3 (7th January 2025, 11:44 AM):

Note:
 

"Shares Offered" and "Total Amount" are calculated based on the upper price of the issue price range.
The portions of anchor investors and market maker are not included in the total shares offered.

Key Highlights Fabtech Technologies IPO Day 3 Subscription

• Overall subscription reached extraordinary 238.22 times on the final day
• Non-Institutional Investors showing exceptional response at 339.98 times
• Retail investors achieved remarkable 324.39 times subscription
• QIB portion improved to 10.53 times
• Total bids worth ₹4,396.46 crores received
• Applications reached 3,18,380 showing massive interest
• Market response indicating tremendous demand
• All categories showing substantial oversubscription
• Final day demonstrating exceptional investor confidence

Fabtech Technologies IPO - Day 2 Subscription at 170.85 Times

Key Highlights

• Overall subscription surged to 170.85 times
• Retail investors showed strong momentum at 263.43 times
• Non-institutional investors reached 172.09 times
• QIB portion improved to 7.48 times
• Day two witnessed accelerated participation
• Market response showing growing confidence
• Subscription trend indicating robust demand
• All segments demonstrating substantial growth
• Strong retail and NII participation continuing

Fabtech Technologies IPO - Day 1 Subscription at 19.86 Times

Key Highlights:

• Overall subscription opened strong at 19.86 times
• Retail investors began remarkably at 33.88 times
• Non-institutional investors started at 13.54 times
• QIB portion awaiting participation
• Opening day showed exceptional response
• Initial momentum indicating robust interest
• Market confidence evident across categories
• Strong retail demand visible from start
• Day one exceeding expectations significantly

About Fabtech Technologies Cleanrooms Limited 

Incorporated in 2015, Fabtech Technologies Cleanrooms Limited has established itself as a specialized manufacturer of pre-engineered and pre-fabricated modular panels and doors for building cleanrooms in the pharmaceutical, healthcare, and biotech sectors. The company provides end-to-end cleanroom solutions, including panels, doors, HVAC systems, and electrification works, tailored to specific plant requirements.

The company operates from their manufacturing facility in Umbergaon, Valsad, Gujarat, spanning 70,000 sq. ft., equipped with advanced machinery for cleanroom partition production. Through their subsidiary, Altair Partition Systems LLP, they manufacture economical grade modular panels at their 25,000 sq. ft. leased facility in Murbad, Thane. As of November 30, 2024, they maintain a workforce of 117 permanent employees.

Their financial performance shows strategic positioning despite recent challenges, with revenue experiencing a 22% decrease and PAT declining by 27% between FY2023 and FY2024. For the first half of FY2025, the company reported revenue of ₹62.23 crores with a PAT of ₹5.40 crores.

Their competitive strengths lie in their diverse domain expertise, strategic integration capabilities, support from larger group companies, automated manufacturing facilities, experienced management team, and position as an end-to-end cleanroom infrastructure solution provider.
 

Highlights of the Fabtech Technologies IPO

• IPO type: Book Built Issue SME IPO
• IPO size: ₹27.74 crores
• Fresh Issue: 32.64 lakh shares
• Face value: ₹10 per share
• Price band: ₹80 to ₹85 per share
• Lot size: 1,600 shares
• Minimum investment for retail investors: ₹1,36,000
• Minimum investment for HNI: ₹2,72,000 (2 lots)
• Market maker reservation: 1,64,800 shares
• Listing at: BSE SME
• IPO opens: 3rd January 2025
• IPO closes: 7th January 2025
• Allotment date: 8th January 2025
• Refund initiation: 9th January 2025
• Credit of shares: 9th January 2025
• Listing date: 10th January 2025
• Lead Manager: Vivro Financial Services Private Limited
• Registrar: Maashitla Securities Private Limited
• Market Maker: Rikhav Securities Limited