Fabtech Technologies Cleanrooms Ltd
Complete IPO details, including price band, financials, subscription status, and key insights.
Participate in the Fabtech Technologies Cleanrooms Ltd IPO with full transparency. Review issue details, company fundamentals, and financial performance, and apply securely through Alice Blue.
IPO Snapshot
Key metrics and details at a glance.
Price Band
₹85
Per ShareLot Size
1600 Shares
Minimum Investment
₹1,36,000
Issue Size
₹27.74 Cr
Face Value
₹10
Per ShareIPO Type
Book Building - SME
Retail Quota
35%
QIB Quota
50%
NII Quota
15%
IPO Timeline
Important dates for your applying strategy.
Subscription Status
Live demand across investor categories.
Track real-time subscription levels:
*Real-time data subject to exchange updates
Fabtech Cleanrooms Ltd
Business model, operations, and market positioning.
Promoter Holding (Pre-Issue)
93.07%
Promoter Holding (Post-Issue)
68.41%
Issue Type
Book Building - SME
ISIN
INE0HSD01011
About the Company
We are engaged in the business of manufacturing and providing design-to-validation solutions of preengineered and pre-fabricated modular panels and doors for building cleanrooms for pharmaceutical, healthcare & biotech sectors. Our cleanroom solutions, which are tailor made as per our customers' designs and global regulatory standards, comprises of wall panels, view panels, doors, risers, ceiling panels, covings, heat ventilation air conditioning ("HVAC") system, epoxy flooring and electrification works. We provide a comprehensive service which includes initial design to validation, encompassing engineering, manufacturing, quality assurance, timely delivery, installation, commissioning, and validation and certification.
Industry Overview
The Indian cleanroom technologies market is witnessing robust growth, valued at USD 277.4 Million in 2023 and projected to reach USD 484.2 Million by 2030, with a CAGR of 8.3% from 2023 to 2030. The end users of the Indian Cleanroom Technologies market include Industries such as Pharmaceutical, Semiconductor and Electronic, Biotechnology, Foods and Beverage, Hospital and Healthcare, and others (including Automotive, Plastic, Optical, etc). The factors driving market growth include expanding industries, stringent regulations, increased R&D investments, and the COVID-19 pandemic's emphasis on clean environments in healthcare.
Company History
Our Company was originally incorporated as `Fabtech Turnkey Projects International Private Limited' as private limited company in Mumbai under the provisions of the Companies, Act, 2013, pursuant to a certificate of incorporation dated June 3, 2015, issued by Registrar of Companies, Maharashtra, Mumbai. Subsequently, the Modular Panels Division of Fabtech Technologies International Private Limited (formerly known as Fabtech Technologies International Limited) was demerged and transferred to our Company, pursuant to the Scheme of Arrangement approved by National Company Law Tribunal, Mumbai bench vide order dated November 19, 2020. Subsequently, the name of our Company was changed to `Fabtech Technologies Cleanrooms Private Limited' vide fresh certificate of incorporation dated January 27, 2021, issued by Registrar of Companies, Maharashtra, Mumbai. Subsequently, our Company was converted into a public limited company pursuant to a special resolution passed by our Shareholders at an Extra-ordinary General Meeting held on May 13, 2024, and the name of our Company was changed to "Fabtech Technologies Cleanrooms Limited". A fresh certificate of incorporation consequent upon conversion from Private Limited Company to Public Limited Company dated July 5, 2024, was issued by the Registrar of Companies, Central Registration Centre. The Corporate Identification Number of our company is U74999MH2015PLC265137.
Growth Strategy
- Capitalize on growth opportunities of cleanroom in diverse industry requirement.
- Continue pursuing inorganic growth through acquisition and other modes.
- Achieve operational and financial efficiency.
- Deepen our customers engagement and increase incremental revenue opportunities from our customers.
- Focusing on growth of HVAC system business.
- Leveraging of our marketing skills and relationships.
Financial Performance
Revenue, profit after tax and total assets across the last 3 reported financial years.
Revenue
Amount in ₹ crore
Profit After Tax (PAT)
Amount in ₹ crore
Total Assets
Amount in ₹ crore
Figures in ₹ crore, on a consolidated basis, as reported for FY23 to FY25.
Objects of the Issue
How the company plans to utilize IPO proceeds.
Use of Proceeds
The funds raised through this IPO will be used for:
Initial public issue of 32,64,000 equity shares of face value of Rs. 10/- each of Fabtech Technologies Cleanrooms Limited ("FTCL" or the "Company" or the "Issuer") for cash at a price of Rs. 85/- per equity share including a share premium of Rs. 75/- per equity share (the "Issue Price") aggregating to Rs. 27.74 crores ("The Issue"), of which 1,64,800 equity shares of face value of Rs. 10/- each for cash at a price of Rs. 85/- per equity share including a share premium of Rs. 75/- per equity share aggregating to Rs. 1.40 crores will be reserved for subscription by market maker to the issue (the "Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e. net issue of 30,99,200 equity shares of face value of Rs. 10/- each at a price of Rs. 85/- per equity share including a share premium of Rs. 75/- per equity share aggregating to Rs. 26.34 crores is herein after referred to as the "Net Issue". The issue and the net issue will constitute 26.49% and 25.16%, respectively, of the post issue paid up equity share capital of the company.
*Subject to approvals and market conditions.
Strengths & Risks
Key competitive advantages and factors to consider before investing.
- Advanced manufacturing infrastructure and deep industry knowledge in cleanroom panels and HVAC systems.
- Long term relationship with customers.
- Support from larger group company.
- Professional and experienced management team.
- Diverse domain expertise with effective project integration capabilities.
- The company has experienced negative cash flows in the prior periods.
- The company has certain contingent liabilities which may adversely affect its financial condition.
- Majority of its customers operate in the pharmaceuticals, healthcare and biotech sectors. Factors that adversely affect these sectors or capital expenditure by companies within these sectors may adversely affect its business, results of operations and financial condition.
- The company requires certain approvals and licenses in the ordinary course of business. Any failures to successfully obtain/renew/update such registrations may adversely affect its operations, results of operations and financial condition.
- The company propose to utilize a part of the Net Proceeds to undertake proposed acquisition of the equity shares of Kelvin Air Conditioning and Ventilation Systems Private Limited.