Fabtech Technologies Cleanrooms SME IPO Details, Financials, Valuation & Peers
Explore Fabtech Technologies Cleanrooms IPO details, including IPO dates, financial statements, valuation, peer comparison and more.
Overview
Fabtech Technologies Cleanrooms Limited is a provider of comprehensive cleanroom solutions, specializing in the design, manufacturing, and validation of pre-engineered and pre-fabricated modular panels and doors. The company caters to the pharmaceutical, healthcare, and biotech industries, ensuring compliance with global regulatory standards. Their cleanroom solutions include wall panels, doors, HVAC systems, epoxy flooring, and electrification works, among other components, creating controlled environments with low levels of pollutants and contaminants. The company operates a state-of-the-art manufacturing facility in Umbergaon, Gujarat, with a subsidiary unit in Murbad, Maharashtra, focusing on economical modular panels. It is part of the Fabtech Group, which has over 28 years of expertise in the engineering sector. Fabtech is expanding its capabilities through strategic investments in Advantek Air Systems Private Limited and Kelvin Air Conditioning and Ventilation Systems Private Limited, enhancing its product offerings and operational efficiencies.
Key Points:
- Business Operations:
- Specializes in cleanroom solutions for pharmaceutical, healthcare, and biotech sectors.
- Comprehensive service: From design to validation, including installation, commissioning, and certification.
- Product Offerings:
- Modular cleanroom panels, view panels, doors, HVAC systems, epoxy flooring, and electrification works.
- Air Handling Units (through subsidiary Advantek) and critical HVAC applications (via Kelvin).
- Customer Base:
- Serves prominent clients like Unichem Laboratories, Aurobindo Pharma’s subsidiary Apitoria Pharma, and Hamdard Laboratories.
- Manufacturing Facilities:
- Primary plant in Umbergaon, Gujarat (70,000 sq. ft.).
- Subsidiary unit in Murbad, Maharashtra (25,000 sq. ft.).
- Strategic Investments:
- 26% stake in Advantek Air Systems (manufactures Air Handling Units).
- Investment in Kelvin Air Conditioning with a plan to acquire an additional 18% stake for expanded HVAC capabilities.
- Group Legacy:
- Member of the Fabtech Group, operating since 1996 with a robust history in engineering.
IPO Docs
Objects of the Issue
- For meeting long-term working capital requirements
- Proposed acquisition of equity shares of Kelvin Air Conditioning and Ventilation Systems Private Limited
- General Corporate Purposes.
IPO Details
Discover essential information crucial for understanding an IPO, including the Price Band, Fresh Issue, Offer For Sale, Total IPO Size and more. Explore these key details to gain insight into the company's public offering.
| Fields | Details |
|---|---|
| IPO Dates | 03 Jan - 07 Jan 2025 |
| IPO Price Band | ₹80 - ₹85 per share |
| Fresh Issue | 32,64,000 shares |
| Offer For Sale | NIL |
| Total IPO Size | ₹27.74 crore |
| Face Value | ₹10 |
| Listing On | BSE |
IPO Timeline
Explore important dates like IPO opening, closing, listing and others, outlining the journey of the Public Offering. This will help you grasp the entire IPO journey effortlessly.
| Event | Date |
|---|---|
| IPO Opening Date | 03 Jan 2025 |
| IPO Closing Date | 07 Jan 2025 |
| Basis Of Allotment | 08 Jan 2025 |
| Refunds | 09 Jan 2025 |
| Demat Transfer | 09 Jan 2025 |
| IPO Listing Date | 10 Jan 2025 |
Financial Statements
Explore a comprehensive financial data table showcasing key metrics including revenue, expenses, net income, and others. Gain valuable insights about the company's financial performance at a glance, facilitating informed decision-making and strategic planning for subscribing to the IPO.
| Period Ended | 31st March 2022 | 31st March 2023 | 31st March 2024 | Sep 2024 |
|---|---|---|---|---|
| Total Income | 113.95 | 125.10 | 97.99 | 62.23 |
| Total Expenses | 108.81 | 113.55 | 90.46 | 55.18 |
| Net Profit/Loss | 3.60 | 7.96 | 5.78 | 5.40 |
| NPM (*) | 3.16 | 6.37 | 5.90 | 8.68 |
| Total Assets | 81.88 | 80.58 | 89.12 | 94.39 |
| Total Liabilities | 44.30 | 35.04 | 37.46 | 32.33 |
* NPM represents the net profit margin, calculated as a percentage. All other figures are presented in crore (₹cr)
Valuation
Uncover significant valuation metrics such as EPS (Earnings Per Share), ROE (Return on Equity), ROCE (Return on Capital Employed), D/E Ratio (Debt-to-Equity Ratio), Current Ratio, and EBITDA Margin. These key indicators offer insights into the company's financial standing and performance, aiding in informed investment decisions.
| Period Ended | 31st March 2022 | 31st March 2023 | 31st March 2024 | Sep 2024 |
|---|---|---|---|---|
| EPS | 4.31 | 9.53 | 6.92 | 6.00 |
| ROE (%) | 10.10 | 19.27 | 11.96 | 9.53 |
| ROCE (%) | 13.27 | 26.18 | 15.83 | 11.85 |
| D/E Ratio | 0.23 | 0.13 | 0.11 | 0.05 |
| Current Ratio | 1.80 | 2.27 | 2.35 | 2.80 |
| EBITDA MARGIN (%) | 5.57 | 10.55 | 9.24 | 12.12 |
* Compiled from DRHP/RHP for valuation purposes.
Peer Comparison
No listed peers available for comparison.
Subscription Data from NSE and BSE
| Investor Type | Subscribed |
|---|---|
| Qualified Institutional Buyer (QIB) | 224.5 |
| Non-Institutional Investor (NII/HNI) | 1485.52 |
| Retail Individual Investor (RII) | 715.05 |
| Total | 740.37 |
* All figures represent multiples of the subscription. Check subscriptions for other ongoing issues here.
IPO Registrar
Maashitla Securities Private Limited
Phone: +91-11-45121795
Email: ipo@maashitla.com
Website: www.maashitla.com
Company Promoters
- AASIF AHSAN KHAN
- AARIF AHSAN KHAN
- HEMANT MOHAN ANAVKAR
- MANISHA HEMANT ANAVKAR
Lead Managers
- Vivro Financial Services Private Limited
Company Address
Fabtech Technologies Cleanrooms Limited
615, Janki Center, Off. Veera Desai Road, Andheri West, Mumbai 400 053, Maharashtra, India.
Phone: +91-22 45145321
Email: secretarial@fabtechnologies.com
Website: www.fabtechcleanroom.com
FAQs
- What is the issue size of the Fabtech Technologies Cleanrooms SME IPO?The Fabtech Technologies Cleanrooms SME IPO has an issue size of ₹27.74 crore. This includes a fresh issue of 32,64,000 shares and an offer for sale (OFS) of NIL.
- What is the price band of the Fabtech Technologies Cleanrooms IPO?The price band for the Fabtech Technologies Cleanrooms IPO is ₹80 - ₹85 per share.
- What are the bidding dates for the Fabtech Technologies Cleanrooms IPO?The Fabtech Technologies Cleanrooms IPO will open for bidding on 03 Jan 2025 and close on 07 Jan 2025.
- What is the allotment date for the Fabtech Technologies Cleanrooms IPO?The allotment date for the Fabtech Technologies Cleanrooms IPO is 08 Jan 2025.
- What is the minimum lot size and investment required for the Fabtech Technologies Cleanrooms IPO?The minimum lot size for the Fabtech Technologies Cleanrooms IPO is 1600 shares and the minimum investment required is ₹1,36,000.
- What is the listing date for the Fabtech Technologies Cleanrooms IPO?The listing date for the Fabtech Technologies Cleanrooms IPO is 10 Jan 2025.
- What is the Fabtech Technologies Cleanrooms IPO grey market premium?The grey market premium (GMP) for the Fabtech Technologies Cleanrooms IPO is currently at ₹105, with an expected listing gain of approximately 123.53%. Remember, the grey market premium is not an official indicator, but it reflects market perception and demand for the IPO shares.