Fabtech Technologies Cleanrooms IPO Closed
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Schedule of Fabtech Technologies Cleanrooms
| Issue open date | 03 Jan 2025 |
| Issue close date | 07 Jan 2025 |
| UPI mandate deadline | 07 Jan 2025 (5 PM) |
| Allotment finalization | 08 Jan 2025 |
| Refund initiation | 09 Jan 2025 |
| Share credit | 09 Jan 2025 |
| Listing date | 10 Jan 2025 |
| Mandate end date | 22 Jan 2025 |
| Lock-in end date for anchor investors (50%) | 07 Feb 2025 |
| Lock-in end date for anchor investors (remaining) | 08 Apr 2025 |
Note: The schedule is tentative. The anchor lock-in period ends 30 days after the actual allotment date for 50% of the shares and 90 days after for the remaining portion. The allotment status can be checked on the registrar's website and the exchange website.
About Fabtech Technologies Cleanrooms
Fabtech specializes in manufacturing and providing design-to-validation solutions for cleanrooms in the pharmaceuticals, healthcare, and biotech sectors. They offer custom modular panels, HVAC systems, and more. With certifications, strategic investments, and key clients like Unichem Laboratories and Aurobindo Pharma, Fabtech is expanding its capabilities, including a recent acquisition in HVAC. The company, part of the Fabtech Group, has seen steady revenue and profit growth, with a strong focus on operational efficiency.
Financials of Fabtech Technologies Cleanrooms
Issue size
| Funds Raised in the IPO | Amount |
| Overall | ₹27.74 crores |
| Fresh Issue | ₹27.74 crores |
Utilisation of proceeds
| Purpose | INR crores (%) |
| Working capital requirements | 14 (50.47%) |
| Acquiring equity shares of Kelvin Air Conditioning Systems. | 5.50 (19.85%) |
| General corporate purposes | 8.24 (29.68%) |
Strengths
- Advanced manufacturing and expertise in cleanroom panels and HVAC.
- Strong, long-term customer relationships.
- Backing from a larger group company.
- Experienced and professional management team.
- Broad domain expertise with effective project integration.
- Expanding market opportunities and new industry segments.
Risks
- Sector issues may impact the business.
- Reliance on few suppliers may disrupt operations.
- Promoter guarantees for debt may need replacements.
- Loan covenants could affect the business.
- Manufacturing shutdown may harm operations.
Allotment Status for Fabtech Technologies Cleanrooms
To check your allotment status – click here.