Fabtech Applied sciences IPO: Fabtech Applied sciences Restricted launched its preliminary public providing (IPO) for public bidding right this moment, September 29, with the difficulty subscribed 70 per cent on the finish of the session, as per provisional alternate information. Headquartered in Mumbai, the corporate goals to lift Rs 230.35 crore from the general public providing.
Fabtech Applied sciences IPO subscription standing:
General, traders bid for 84.20 lakh shares out of the entire 1.20 crore shares on provide, with Certified Institutional Patrons (QIBs), Non-Institutional Buyers (NIIs) and Retail Particular person Buyers (RIIs) subscribing 0.77 instances, 0.46 instances and 0.70 instances, respectively.
By way 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.
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Fabtech Applied sciences IPO particulars:
The IPO is a book-built problem comprising a completely contemporary problem of shares value Rs 230.35 crore.
The problem has 60.02 lakh shares reserved for the QIBs quota, 18 lakh shares allotted for the NIIs class and 42.01 lakh shares reserved for the RIIs portion.
The corporate plans to utilise the IPO proceeds for working capital necessities and for normal company functions.
Worth band: Rs 181 to Rs 191 per share
Subscription date: September 29 to October 1, 2025
Lot dimension: 75 shares, with a minimal software quantity of Rs 14,325
Allotment date: October 3, 2025
Itemizing date: October 7, 2025, on BSE and NSE
Fabtech Applied sciences firm profile:
Fabtech Applied sciences is a turnkey engineering resolution supplier specialising within the pharmaceutical, biotech, and healthcare sectors. Based in 1996, the corporate delivers end-to-end options for establishing aseptic manufacturing services and cleanrooms.
The corporate’s product vary contains cleanroom chambers, vertical laminar airflow methods, fluid mattress dryer granulators, and automated capsule filling machines, amongst others.
The Mumbai-headquartered firm reported income of Rs 226.14 crore and revenue after tax (PAT) of Rs 27.22 crore in FY24.
