The Fabtech Technologies IPO minimum market lot is 1,600 shares with ₹1,36,000 application amount. The Fabtech Technologies IPO is a SME IPO, and it is to be listed on BSE.
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.
IPOWatch View
We recommend investors may apply for an IPO with Long-term Views. Investors should also look at the QIB, NII, and Retail numbers before investing.
Fabtech Technologies IPO Subscription Status – Day 1
Category | Day 1 | Day 2 | Day 3 |
QIB | 0.00 | 0.00 | 0.00 |
NII | 13.54 | 0.00 | 0.00 |
RII | 33.88 | 0.00 | 0.00 |
Total | 19.86 | 0.00 | 0.00 |
Fabtech Technologies IPO Investor Categories
- Qualified Institutional Buyers (QIB): Financial Institutions, Banks, FIIs, and Mutual Funds
- Non-Institutional Investors(NII): Individual Investors, NRIs, Companies, Trusts, etc
- Retail Individual Investors (RII): Retail Individual Investors or NRIs
- Employee (EMP): Eligible Employees
- Others: Eligible Shareholders
Fabtech Technologies IPO Review and Rating
- Avoid
Fabtech Technologies IPO Form
How to apply for the Fabtech Technologies IPO? You can apply for Fabtech Technologies IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Fabtech Technologies IPO in the Invest section. The other option is you can apply for Fabtech Technologies IPO via IPO forms downloaded online. Check out the Fabtech Technologies forms – Click IPO Forms blank IPO forms download, fill, and submit in your bank or with your broker.