Fabtech Technologies Limited

0.65x

subscribed

Fabtech Technologies Limited

Engineering
open
₹13,575Min. investment
  1. Pre-apply
    26 Sep
  2. Bid start
    29 Sep
  3. Bid end
    1 Oct
  4. Allotment
    3 Oct
  5. Release of funds
    6 Oct
  6. Demat transfer
    6 Oct
  7. Listing
    7 Oct

About Fabtech Technologies Limited

SectorEngineering
Price range₹181 – ₹191
IPO type
Regular
Lot size75 shares
Issue size₹230Cr
Red Herring Prospectus
Read
Market Cap
₹849CrLower than sector avg
RevenueApr 2024 - Mar 2025
₹326.6CrLower than sector avg
Growth rate3Y CAGR
29.83%Higher than sector avg

Fabtech Technologies Limited IPO Overview

Fabtech Technologies Limited IPO date

Fabtech Technologies Limited IPO will open for subscription on September 29, 2025, and the closing date for the IPO is October 1, 2025. After this, investors are expected to be updated about the allotment status on October 3, 2025.

Investors who have been allotted shares can expect them to be credited to their demat account on October 6, 2025. The shares will be listed on the NSE and the BSE on Tuesday, October 7, 2025.

Fabtech Technologies Limited IPO price band

The IPO includes a fresh issue only. The IPO price band has been set between ₹181 to ₹191 per share. Interested investors can choose a price within this band to apply for the IPO.

The IPO is a book-building issue, comprising a fresh issue of ₹230.35 crore only.

Fabtech Technologies Limited IPO listing price will be determined on October 7, 2025. The listing price is the price at which a company’s shares debut on the stock exchanges.

Fabtech Technologies Limited IPO lot size

Fabtech Technologies Limited IPO details have been declared. The minimum lot size for an application is 75 shares, and the investor would have to apply for a minimum of 1 lot. Meanwhile, the IPO issue size is approximately ₹230.35 crore.

Checklist

Quality analysis
Revenue growth
Company valuation
Earnings expansion
Risk analysis
Debt to Equity ratio
Promoter holdings
Shares pledged
The investment checklist helps you understand a company's financial health at a glance and identify quality investment opportunities easily

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Revenue
Higher revenue means strong sales and good market demand
This IPO
₹326.6Cr
This sector
₹342.41Cr
Compare with companies
3Y growth
Strong 3-year growth shows consistent progress and potential
This IPO
29.83%
This sector
0.01%
Compare with companies
PAT
Higher PAT means strong profitability and efficient cost management
This IPO
₹46.45Cr
This sector
₹38.53Cr
Compare with companies
Market cap
Higher market cap means strong confidence but may suggest overvaluation
This IPO
₹849Cr
This sector
₹1,862.48Cr
Compare with companies
P/E ratio
Lower ratio usually means stock is undervalued
This IPO
13.32
This sector
31.54
Compare with companies
D/E ratio
Lower ratio usually means fewer liabilities
This IPO
0.32
This sector
0.53
Compare with companies

Objectives

Working capital
55.13%
General corporate purposes
31.80%
Pursuing inorganic growth
13.02%

Strength and Weakness

Asset-light business model

The company follows an asset-light and less capital-intensive business model by procuring equipment from its related entities and third-party equipment suppliers, with an expenditure of 25.68% towards the purchase of equipment through related entities and 74.32% from third-party suppliers in FY25.

In-house software technology

The company’s project planning, development, execution and completion activities are connected to its central information technology network through ‘FabAssure’, a project management system that facilitates real-time monitoring and tracking of projects, which enables faster project execution.

Diversified order book

The company’s order book has grown from 424.64 crore in FY23 to ₹761.74 crore in FY25. It has a diversified order book with the MENA region contributing 38.87%, the ECO zone contributing 26.85% and the GCC region contributing 17.99%.

Efficient lead funnelling

The company undertakes a lead funnelling process for identifying and generating leads from various sources and converting them into opportunities in order to expand its revenue stream. Its sales and marketing team plays an important role in generating leads through new customers and converting them into opportunities so that the company’s order book and revenue are steady and growing.

Integrated engineering solutions

The company provides start-to-finish solutions consisting of designing, engineering, procurement, installation and testing for a wide range of customers. Its in-house integrated model includes a risk assessment team, design team, equipment procurement and supply team, quality control team, logistics team and project execution team.

About Fabtech Technologies Limited

Fabtech Technologies Limited is a turnkey engineering solutions company with operations in 62 countries, including the Middle East, Africa, Asia, Europe, and North America. The company is focused on developing and delivering end-to-end projects for the pharmaceutical, biotech, and healthcare industries, with capabilities ranging from clean air, clean water and process systems.
Its portfolio includes greenfield and brownfield projects with end-to-end services ranging from disease profiling and facility design through procurement, installation, validation, to regulatory compliance. The company follows an asset-light business model, acquiring equipment from related parties and third-party vendors, which enables it to concentrate on execution and project management. An in-house digital project management tool, FabAssure, increases efficiency by providing real-time monitoring, accelerating issue resolution, and transparency throughout the project cycle. The company had a robust order book of ₹904.42 crore as of July 31, 2025.
Overseas operations contributed 85.71% of FY25 revenues. The order book of Fabtech has significantly diversified, increasing from ₹424.65 crore in FY23 to ₹761.74 crore in FY25, dominated by large turnkey orders, accounting for 96.74% of orders in FY25. The Middle East and North Africa (MENA) region accounted for 38.87% of orders in FY25; the ECO Zone and GCC regions contributed 26.85% and 17.99%, respectively. The company's top five projects generated 56% of revenue in FY25, demonstrating established relationships.
The revenue mix of the company highlights its strength in turnkey projects, which accounted for 75.51% of FY25. Standalone services like equipment supply and logistics accounted for 24.49%. Fabtech has also ventured out of pharmaceuticals into nutraceuticals and GMP-certified FMCG businesses, with pharmaceuticals, healthcare and biotech accounting for 73.96% of revenues and non-pharma customers accounting for 26.04% of revenues in FY25, from a mere 5.65% in FY24. Fabtech has made investments in processes that are ISO certified, with adherence to ISO 9001:2015, ISO 14001:2015, and ISO 45001:2018 standards.
The global pharmaceutical market is expected to sustain a 5.5-6.5% CAGR from 2024 to 2029 to reach ~$2,100 to $2,200 billion by 2029, and the pharmaceuticals market in the MEA (Middle Eastern and African) region is estimated to log a 4.5-5.5% CAGR from 2024 to 2029. Growth is underpinned by the rising prevalence of chronic and lifestyle diseases, an ageing global population, and stronger demand for generics and precision medicine. The company, with an established presence across 62 countries, and a revenue contribution of 38.87% from the MENA region, 26.85% from the ECO zone and 17.99% from the GCC region in FY25, is well positioned to capitalise on these trends.
The company’s strategies include expanding in existing regions through its overseas subsidiary or joint ventures to establish local presence, pursuing inorganic growth through acquisitions in India, the United Arab Emirates, Saudi Arabia and Egypt and diversifying its customer base. It is also intending to increase its clientele in the African region, which has limited pharmaceutical and healthcare infrastructure.
Now, Fabtech Technologies Limited is launching its initial public offering (IPO), which consists of a fresh issue of over 1.2 crore shares worth ₹230.35 crore. Its shares will be listed on the NSE and BSE.

IPO Subscription Status

Date
QIB
NII
Retail
Total
29-Sep-25 (Today)
0.77 times (X)
0.38 times (X)
0.62 times (X)
0.65 times (X)

Latest News on IPO

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Fabtech Technologies shares debuted on the BSE SME platform at Rs 161.50, a 90% premium over its IPO price, following a robust subscription demand of over 700 times to its Rs 27.74 crore issue. The company's market valuation stands at Rs 198.96 crore, with IPO proceeds to be used for working capital and acquiring Kelvin Air Conditioning shares.
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The buzz around Fabtech Technologies Cleanrooms IPO has reached a new high, with the grey market premium (GMP) skyrocketing by over 90% on its final day of the three day subscription period starting from January 3 to January 7, 2025. This surge in the GMP of the BSE SME issue has sparked an interest among investors, watching the latest SME issue to hit the market.
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Fabtech Technologies IPO: The ₹230.35 crore IPO is a completely fresh issuance of 1.21 crore shares without an offer for sale (OFS) component.

3 min read

Frequently asked questions

How to invest in the IPO?

Investors can apply for the IPO through their Demat account via the stock exchange or through their broker.

What is the issue size of Fabtech Technologies Limited ?

The issue size of the Fabtech Technologies Limited is 230 Cr.

What is 'pre-apply' for Fabtech Technologies Limited ?

Pre-applying for an IPO allows you to submit your application before the official subscription period begins.

Which exchanges will Fabtech Technologies Limited shares list on?

The IPO shares will typically list on major stock exchanges such as the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE), as specified in the IPO prospectus.
Bidding closes on 1 Oct 2025, 5:00 PM