IPO (initial public offering) of Fabtech Technologies Cleanrooms Limited has been concluded after a three-day bidding period on Tuesday, January 7, 2025. The company has already finalized the share allotment now. The IPO saw a massive overall subscription, reaching 740 times the available shares on the third day. As per the data, the issue received the bids for 160.76 crore shares, significantly exceeding the 21.71 lakh shares on offer. Here’s how different groups subscribed:
- Qualified Institutional Bidders (QIBs): 224 times.
- Non-institutional investors (NIIs): 1,486 times.
- Retail investors: 715 times their allotted quota.
The company’s IPO started on January 3, 2025, and concluded on January 7, 2025. The company aimed to raise Rs 27.74 crore from this share sale. Furthermore, the minimum investment requirement was 1,600 shares. The company offered shares, with a price band of Rs 80 to Rs 85 apiece.
Fabtech Technologies IPO: GMP
In the grey market, Fabtech Technologies Cleanrooms Limited’s shares maintained a premium of Rs 105. Furthermore, this suggests a potential listing price of Rs 190, representing a significant 124% premium from the upper band of IPO price of Rs 85.
Step-By-Step Guide To Check Allotment Status
Registrar’s Website
- Go to the website of Maashitla Securities Private Limited: https://maashitla.com/.
Tab on the ‘Allotment Status’ on the main menu.
Choose Fab Technologies Cleanrooms from dropdown list of company names.
Provide any of these: PAN, Application Number or Demat Account Number.
Click on Submit to view status.
BSE’s Website
- Go to the IPO allotment status page on the BSE website: https://www.bseindia.com/investors/appli_check.aspx.
Select ‘equity’ as issue type.
Choose Fab Technologies Cleanrooms Limited from the list of issue names.
Provide PAN or application number.
Do Captcha verification.
Tab on the ‘Submit’ button to check details.
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