Fabtech Technologies Cleanrooms : Fabtech Technologies Cleanrooms shares get listed at 90% premium!Fabtech Technologies Cleanrooms : Fabtech Technologies Cleanrooms shares get listed at 90% premium!

Fabtech Technologies Cleanrooms shares made an impressive debut on January 10, listing at ₹161.50 on the BSE SME platform, reflecting a remarkable 90% premium over the IPO issue price of ₹85, showcasing strong investor demand and market enthusiasm.3

Fabtech Technologies IPO concluded with significant demand on its third day, achieving a subscription rate of 227.67 times. It attracted 192.83 crore bids versus 84.70 lakh available shares. Retail investors subscribed 101.79 times, NIIs 501.75 times, and QIBs 242.4 times.

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Fabtech Technologies Cleanrooms Limited, established in 2015, specializes in pre-engineered modular panels and doors for cleanrooms in the pharmaceutical, healthcare, and biotech sectors. With facilities in Gujarat and Thane, it provides end-to-end cleanroom solutions, including design, installation, and after-sales support. Employing 117 staff as of November 30, 2024, it ensures tailored, high-quality products.

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Fabtech Technologies Cleanrooms Ltd plans to invest INR 14 crores in long-term working capital and INR 5.50 crores to acquire shares of Kelvin Air Conditioning, enhancing growth and capabilities.

Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time The securities quoted are exemplary and are not recommendatory.