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FT

Fabtech Technologies IPO

Listed SME BSE SME · Industrial Products

Price Band

₹80.0–85.0

Issue Size

₹27.74 Cr

Lot Size

1,600 shares

Min Investment

₹136,000

GMP

Grey Market Premium — the unofficial premium buyers are currently willing to pay over the issue price once this IPO lists. It's an informal market estimate, not guaranteed, and can move daily right up to listing day. Learn more: GMP vs Kostak vs Sauda →

+₹105.0 (123.53%)

Issue Price

₹85.0

Subject to Sauda

A separate grey-market deal made before allotment is known: a buyer agrees to pay you this amount for your IPO application — but only if you actually get allotted shares. No allotment means no payment either way. This is different from "Kostak," a similarly-named rate that's paid regardless of whether the application gets allotted — TopFund shows the Sauda rate because that's what our data source provides. Learn more: GMP vs Kostak vs Sauda →

₹127700

Paid only if allotted

Fabtech Technologies IPO AI Summary

  • Fabtech Technologies IPO is listed on BSE SME in the Industrial Products sector.
  • Price band: ₹80.0–₹85.0 per share, lot size 1,600 shares (min. investment ₹136,000).
  • Subscription window: 03 Jan–07 Jan 2025, listing on 10 Jan 2025.
  • Current GMP is +₹105.0 (123.53%), an estimated listing price of ₹190 — unofficial and can change daily.

Fabtech Technologies Cleanrooms Limited is an SME IPO focused on providing cleanroom solutions for various industries. With a diverse product range and strategic growth plans, it aims to enhance its market position while offering investors an opportunity in a specialized sector.

TopFund is not SEBI-registered — this is educational analysis, not personalized investment advice.

Fabtech Technologies IPO — Third-Party Research Views

Reviews below reflect analyst calls made before this IPO closed on 07 Jan 2025 — not a current signal.

Subscribe 25 Jul

Recommendations are sourced from third-party research firms and are not TopFund's own investment advice.

Important Dates

IPO Open Date
Fri, 03 Jan 2025
IPO Close Date
Tue, 07 Jan 2025
Allotment Date
Wed, 08 Jan 2025
Refund Initiation
Thu, 09 Jan 2025
Credit of Shares
Thu, 09 Jan 2025
Listing Date
Fri, 10 Jan 2025
Listing Price
₹190.0 +123.53%

Subscription Status

Subscription data unavailable

Fabtech Technologies IPO Grey Market Premium (GMP) Today

GMP

+₹105.0

GMP %

+123.53%

Est. Listing

₹190.0

Updated: 25 Jul 2026 14:15

About the Company

Incorporated in 2015, Fabtech Technologies Cleanrooms Limited manufactures pre-engineered and pre-fabricated modular panels and doors for building cleanrooms in the pharmaceutical, healthcare, and biotech sectors. The company is an end-to-end supplier of cleanroom products and technology for plants. Its product range includes cleanroom panels, view panels, doors, ceiling panels, covings, HVAC systems, and electrification works, tailored to plant designs and requirements. The Company has extensive experience in designing, manufacturing, and installing cleanrooms for various industries with necessary after sales service support. The company’s manufacturing facility is located in Umbergaon, Valsad, Gujarat, covering 70,000 sq. ft., equipped with high-performing machinery for cleanroom partition production. Through its subsidiary, Altair Partition Systems LLP, the company manufactures modular panels of economical grade. Altair’s facility, located in Murbad, Thane, spans 25,000 sq. ft. and is leased. As of November 30, 2024, The Company has 117 permanent employees. Competitive Strength: Diverse domain expertise with effective project integration capabilities Strategic integration towards inorganic growth Support from larger group company Integrated cleanroom solution provider with automated manufacturing facilities Experienced Promoters and senior management team with extensive domain knowledge End-to-end cleanroom infrastructure solution provider

Company Financials (₹ Cr)

As of 2024-09-30

Period Ended 30 Sep 2024 31 Mar 2024 31 Mar 2023 31 Mar 2022
Assets 94.39 89.12 80.58 81.88
Total Income 62.23 97.99 125.10 113.95
Profit After Tax 5.40 5.78 7.96 3.60
NET Worth 61.88 51.45 45.30 37.35
Reserves and Surplus 53.00 48.87 42.75 34.79
Total Borrowing 3.20 5.75 5.66 8.50

Key Ratios

EPS

₹6.39

NAV

₹61.56

ROE

11.96%

ROCE

15.83%

RoNW

11.95%

P/B Value

1.38

P/E Ratio

13.31

Market Cap

₹104.71 Cr

PAT Margin

5.90%

Debt/Equity

0.11

Promoters

Aasif Ahsan Khan, Aarif Ahsan Khan, Hemant Mohan Anavkar and Manisha Hemant Anavkar

Objects of the Issue

The Company proposes to utilise the Net Proceeds from the Issue towards the following objects: # Issue Objects Est Amt (₹ Cr.) 1 For meeting long-term working capital requirements 14.00 2 Proposed acquisition of equity shares of Kelvin Air Conditioning and Ventilation Systems Pvt.Ltd. 5.50 3 General Corporate Purposes 4.96 4 Issue expenses 3.29 Total 27.74

IPO Evaluation

Generated 23 Sep 2026

Revenue Trend

Total income was ₹125.10 Cr in the year ending 31 Mar 2023, declining to ₹97.99 Cr by 31 Mar 2024, and further decreasing to ₹62.23 Cr by 30 Sep 2024, though this is a 9-month figure, not a full year, so isn't directly comparable.

Profit Trend

Profit After Tax was ₹7.96 Cr for the year ending 31 Mar 2023, falling to ₹5.78 Cr by 31 Mar 2024, and further to ₹5.40 Cr by 30 Sep 2024, though this is a 9-month figure, not a full year, so isn't directly comparable.

Grey Market Premium, Explained

The Grey Market Premium (GMP) indicates the expected listing price of an IPO based on unofficial trading before it officially lists on the stock exchange. A positive GMP suggests strong demand for the shares, while a negative GMP indicates weak demand.

Who This IPO Suits

Investors comfortable with short-term volatility and a long-term horizon typically weigh IPOs like this against their overall portfolio strategy and risk tolerance. It's important to consider the company's fundamentals and market conditions.

Who May Want to Wait

Investors who prefer stable and established companies with consistent earnings may want to avoid this IPO, as it operates in a niche market and may experience fluctuations in revenue and profit.

IPO Timeline, Explained

The IPO opens for subscription on January 3, 2025, and closes on January 7, 2025. Allotment of shares will be done on January 8, 2025, and the shares are expected to be listed on the stock exchange on January 10, 2025.

Listing Gains — The Risk

Listing gains refer to the profit made by investors when a stock lists at a higher price than the issue price. However, these gains are not guaranteed and can vary based on market conditions and investor sentiment on the listing day.

This evaluation is generated from Fabtech Technologies's own public IPO filing data for educational purposes and is not investment advice or a recommendation to apply, subscribe to, or avoid this issue — see Broker Recommendations below for named third-party research views (clearly attributed, not TopFund's own). TopFund is not a SEBI-registered investment adviser — see our Disclaimer.

Frequently Asked Questions

What is Fabtech Technologies IPO GMP today?

Fabtech Technologies IPO GMP today is +₹105.0 (123.53%), indicating an estimated listing price of ₹190. GMP is an unofficial grey-market indicator and can change daily.

What is the price band of Fabtech Technologies IPO?

The price band of Fabtech Technologies IPO is ₹80.0–₹85.0 per share.

When does Fabtech Technologies IPO open and close?

Fabtech Technologies IPO opens on 03 January 2025 and closes on 07 January 2025.

When does Fabtech Technologies IPO list on the stock exchange?

Fabtech Technologies IPO listed on 10 January 2025 at ₹190.0.

What is the lot size for Fabtech Technologies IPO?

The lot size for Fabtech Technologies IPO is 1600 shares, requiring a minimum investment of ₹136,000.

What is the price band for the IPO?

The price band for the IPO is ₹80.0 to ₹85.0.

What is the minimum investment required?

The minimum investment required is ₹136,000.

What is the lot size for this IPO?

The lot size for this IPO is 1600 shares.

When is the listing date for the shares?

The shares are expected to be listed on January 10, 2025.

What does GMP mean?

GMP stands for Grey Market Premium, which indicates the expected listing price based on unofficial trading.

Issue Details

Issue Type SME Book Built
Issue Size ₹27.74 Cr
Price Band ₹80.0 – ₹85.0
Issue Price ₹85.0
Lot Size 1,600 shares
Min Investment ₹136,000
Exchange BSE SME
Sector Industrial Products
Open Date 03 Jan 2025
Close Date 07 Jan 2025
Allotment 08 Jan 2025
Listing Date 10 Jan 2025

Investor Allocation

QIB (Institutional) 50%
NII / HNI 15%
Retail (RII) 35%

Registrar

Maashitla Securities Pvt.Ltd.

Lead Managers / Book Running

Vivro Financial Services Pvt.Ltd.

IPO Timeline

Open

03 Jan 2025

Close

07 Jan 2025

Allotment

08 Jan 2025

Listing

10 Jan 2025

Community Sentiment

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