Fabtech Technologies Cleanrooms IPO: Steps To Check Allotment Status On Maashitla And BSE
Investors overbooked the IPO by 740.37 times, applying for 1,60,74,96,000 shares as compared to the 21,71,200 shares on offer.
Investors of Fabtech Technologies Cleanrooms IPO are set to get a confirmation about their allotment status on Wednesday, Jan. 8, after the bidding period concluded on Jan. 7. Fabtech Technologies Cleanrooms IPO received a tremendous response from bidders over the three days of the subscription window that opened on Jan. 3.
Investors overbooked the IPO by 740.37 times, applying for 1,60,74,96,000 shares as compared to the 21,71,200 shares on offer. Non-institutional investors (NIIs) led the demand, subscribing their portion by 1,485.52 times. The Fabtech Technologies Cleanrooms IPO was booked 715.05 times in the retail segment and 224.5 times in the qualified institutional buyers segment.
Valued at Rs 27.74 crore, the BSE SME offer is an entirely fresh issue of 32.64 lakh shares. The price band of the Fabtech Technologies Cleanrooms IPO was set at Rs 80 to Rs 85 per share.
Shares of Fabtech Technologies Cleanrooms Ltd. are slated to be listed on the BSE SME platform on Friday, Jan. 10.
Investors who bid for the Fabtech Technologies Cleanrooms IPO will be able to verify their allotment status on the websites of BSE and the issue’s registrar, Maashitla Securities Pvt, here’s how.
How to Check Fabtech Technologies Cleanrooms IPO Share Allotment Status on BSE
Visit the IPO allotment page on the BSE website here.
Under the Issue Type option, select ‘Equity’.
Choose 'Fabtech Technologies Cleanrooms Ltd.' under the company name.
Enter your application number or PAN.
Clear the 'Captcha' to verify.
Click on 'Search' to view your allotment status.
How to check Fabtech Technologies Cleanrooms IPO Allotment Status on Maashitla
Go to the IPO allotment page on the official website of Maashitla Securities Pvt. here.
Choose 'Fabtech Technologies Cleanrooms Ltd.' from the list of companies.
Enter your Application Number, Demat account number or PAN.
Enter details as per your selection.
Click Submit to view the allotment status.
Once the allotment for the Fabtech Technologies Cleanrooms IPO is finalised, successful bidders will get their credit of shares to Demat accounts on Jan. 9. Refunds will be initiated to non-allottees on the same day.
Fabtech Technologies IPO will list on BSE SME with a tentative listing date fixed as Friday, January 10.
Use of Proceeds
Fabtech Technologies Cleanrooms will utilise a portion of the funds raised from the IPO to invest in its acquisition of Kelvin Air Conditioning and Ventilation Systems Pvt. The rest of the money will be allocated towards long-term working capital needs and general corporate purposes.
About Fabtech Technologies Cleanrooms Ltd.
Fabtech Technologies Cleanrooms makes re-engineered and prefabricated modular panels and doors to build cleanrooms for the pharma, biotech and healthcare industries.
The company manufactures products like cleanroom panels, view panels, doors, ceiling panels, covings and HVAC systems. The company has a manufacturing facility in Umbergaon, Gujarat spanning 70,000 sqft.
Disclaimer: Investments in initial public offerings are subject to market risks. Please consult with financial advisors and read red herring prospectus thoroughly before placing bids.
