Fabtech Technologies IPO Allotment Status Set for Today, January 8, 2025

Fabtech Technologies IPO, one of the upcoming IPOs, allotment status is set for today, January 8, 2025. You can check the Fabtech Technologies IPO allotment status on the registrar’s website, Maashitla Securities Private Limited, as well as on the BSE website.

Successful bidders will have the shares credited to their demat accounts on Thursday, January 9, 2025. Refunds for unsuccessful applicants are also expected on the same day.

Subscription Status

Fabtech Technologies IPO was opened from January 3, 2025, to January 7, 2025. As of January 7, 2025, 6:19 PM, the IPO achieved an overall subscription of 740.37 times. The qualified institutional buyers (QIB) category was subscribed 224.5 times, while the non-institutional investor (NII) and retail investor portions saw subscriptions of 1,485.52 times and 715.05 times, respectively.

Details of the Fabtech Technologies IPO

Fabtech Technologies Cleanrooms Limited IPO is a book-built issue of ₹27.74 crore. It contains only a fresh issue of 32.64 lakh shares.

The price band for the IPO was set between ₹80 to ₹85 per share. The minimum lot size for an application is 1,600. The minimum amount of investment required by retail investors is ₹1,36,000.

Fabtech Technologies shares are scheduled to be listed on the BSE SME platform on Friday, January 10, 2025.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.