Fabtech Technologies IPO Subscribed over 740.37x on its Last day of subscription

Fabtech Technologies IPO Subscribed over 740.37x on its second day of subscription wherein QIB subscribed 224.5x, NII subscribed 1,485.51x, and RII subscribed 715.05x.

Fabtech Technologies IPO subscriptio n started on Friday, January 3, 2025, and will close on January 7, 2025, as per the schedule. The price band is set at ₹80 to ₹85 per share with a face value of ₹10.

Fabtech Technologies IPO Subscription Status

Fabtech Technologies IPO Subscribed over 740.37x on its Last day till 05.00 PM on 7th January, 2025.

Fabtech Technologies IPO subscription QIB investors portion is 224.5x times, while NII subscribed 1,485.51x times and RII investors subscribed 715.05x times.
The company has received bids for 1,60,74,94,400 shares against 21,71,200 shares on offer on the Last day.
Fabtech Technologies IPO Subscribed over 740.37x on day 3.
Fabtech Technologies IPO Subscribed over 167.56x on day 2.
Fabtech Technologies IPO Subscribed over 19.86x on day 1.

About Fabtech Technologies IPO

Fabtech Technologies Cleanrooms Limited was incorporated in 2015 and started creating pre-built modular panels and doors for constructing cleanrooms, especially for the pharmaceutical, healthcare, and biotech industries. This is one of the top firms for supplying products that could be used for cleanrooms, including panels, doors, view panels, ceiling panels, HVAC systems, and electrical work. It is customized based on plants. Their manufacturing business has spread widely such as Umbergaon, Valsad, Gujarat, covering about 70,000 sq. It is made with advanced machinery to make cleanroom partitions. Moreover, this firm has invested in Kelvin Air Conditioning and Ventilation Systems Private Limited (Kelvin) by buying their firm’s Compulsory Convertible Preference Shares, therefore it shows that they will have 33.33% ownership in Kevin, once the shares are converted. Significantly, promoters of this company played crucial roles in the firm’s growth, guidelines, and development.

Fabtech Technologies IPO Company Financial Report

The company reported revenue of ₹97.99 crores in 2024 against ₹125.10 crore in 2023. The company reported profit of ₹5.78 crores in 2024 against Profit of ₹7.96 crores in 2023.

Fabtech Technologies IPO GMP

Fabtech Technologies IPO GMP was ₹75 as of Tuesday, 7th January. That indicates the IPO is trading at ₹160 with ₹75 premium in the grey market against the issue price of ₹85.

Jagat Joshi

Founder of IPOWatch, brings nearly 15 years of experience in IPO analysis and market research. He provides complete coverage of upcoming IPOs, subscription trends, grey market premiums (GMP), and post-listing performance, along with easy-to-understand reviews, insights, and analysis. In his working journey, he has worked with various platforms and received expertise in stock market analysis and primary markets.

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Disclaimer: This content is provided strictly for educational and informational purposes. The securities or investments mentioned are not to be considered as investment advice or recommendations. The Investors are advised to do their own research or connect with a financial advisor before making any investment decisions.