Fabtech Technologies IPO: Fabtech Technologies Limited launched its initial public offering (IPO) for public bidding today, September 29, with the issue subscribed 70 per cent at the end of the session, as per provisional exchange data. Headquartered in Mumbai, the company aims to raise Rs 230.35 crore from the public offering.
Fabtech Technologies IPO subscription status:
Overall, investors bid for 84.20 lakh shares out of the total 1.20 crore shares on offer, with Qualified Institutional Buyers (QIBs), Non-Institutional Investors (NIIs) and Retail Individual Investors (RIIs) subscribing 0.77 times, 0.46 times and 0.70 times, respectively.
In terms of shares, QIBs bid for 46.08 lakh shares, NIIs bid for 8.26 lakh shares, and RIIs have bid for 29.55 lakh shares out of their respective allotted portion.
Add Zee Business as a Preferred Source
Read More:Â Stock to buy: Brokerage’s target implies over 20% gain in this realty stock
Fabtech Technologies IPO details:
The IPO is a book-built issue comprising an entirely fresh issue of shares worth Rs 230.35 crore.
The issue has 60.02 lakh shares reserved for the QIBs quota, 18 lakh shares allotted for the NIIs category and 42.01 lakh shares reserved for the RIIs portion.
The company plans to utilise the IPO proceeds for working capital requirements and for general corporate purposes.
Price band: Rs 181 to Rs 191 per share
Subscription date: September 29 to October 1, 2025
Lot size: 75 shares, with a minimum application amount of Rs 14,325
Allotment date: October 3, 2025
Listing date: October 7, 2025, on BSE and NSE
Fabtech Technologies company profile:
Fabtech Technologies is a turnkey engineering solution provider specialising in the pharmaceutical, biotech, and healthcare sectors. Founded in 1996, the company delivers end-to-end solutions for establishing aseptic manufacturing facilities and cleanrooms.
The company’s product range includes cleanroom chambers, vertical laminar airflow systems, fluid bed dryer granulators, and automatic capsule filling machines, among others.Â
The Mumbai-headquartered company reported revenue of Rs 226.14 crore and profit after tax (PAT) of Rs 27.22 crore in FY24.
