For Fabtech Technologies Cleanrooms, there has been a keen response to the IPO after opening for public issues. The latter closed on 7th Jan 2025. And since it went in for subscriptions between 3rd Jan 2025 and 7th January, the actual response has not been short of a craze from the investors’ side, which really bodes well.
Impressive Subscription Numbers
Fabtech Technologies Cleanrooms IPO witnessed a stellar subscription rate of 740.37 times overall. The breakdown by category shows:
- Retail category: Booked 715.05 times
- QIB: The company subscribed to 224.5 times.
- NII: Served to the maximum possible with 1,485.52 times subscription.
The enormous subscriptions have revealed strong faith in the growth prospects of the company.
Allotment and Listing Dates
The allotment status of the IPO is expected to be finalized on 8 January 2025. Pursuant to the T+3 listing rule, the shares of Fabtech Technologies Cleanrooms will likely make their debut on the exchanges on Friday, 10 January 2025.
IPO Details for Fabtech Technologies Cleanrooms
Fabtech Technologies Cleanrooms made its IPO – the fresh issuance of 32.64 lakh equity shares for mobilizing ₹ 27.74 cr. On an issue priced in the bracket of ₹ 80- ₹85 per equity share, thereby the issue, will be accessible to broader level investors in general.
GMP
In the grey market, the IPO is doing well with a GMP of ₹105 as of today. This means the stock may list around ₹190 per share, showing a 124% premium over its upper issue price of ₹85.
How to Check Allotment Status
There are two ways through which investors can check their IPO allotment status:
Registrar’s Website (Maashitla Securities):
- Visit: Maashitla Securities Allotment Page
- Select Fabtech Technologies Cleanrooms from the dropdown menu.
- Enter your application number, PAN, or demat account details and click Submit.
BSE Website:
- Go to: BSE IPO Allotment Status
- For a type of problem, select the issue type that is Equity then select Fabtech Technologies Cleanrooms from the menu.
- Input application number or PAN, verify CAPTCHA and select Search.
Sentiment and View of Investor
Fabtech Technologies Cleanrooms has created quite a buzz with the potential it carries in the cleanroom technology market. Its high subscription rate, coupled with GMP, promises a bright start for the IPO in the stock market and also good returns for early investors.
Also, see: Advanced bookings opened for Kiara Advani’s Game Changer, set to release on January 10