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  1. Fabtech Technologies Limited
Fabtech Technologies Limited
2.02xsubscribed

Fabtech Technologies Limited

Engineering
listed
₹13,575Min. investment

Fabtech Technologies Limited IPO Details

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 Subscription Status

Date
QIB
NII
Retail
Total
29-Sep-25
0.77 times (X)
0.45 times (X)
0.71 times (X)
0.7 times (X)
30-Sep-25
0.77X
0.75X
1.21X
1.0X
01-Oct-25
1.87X
1.73X
2.06X
2.02X

As on 29-Sep-25, 5:30 PM

Fabtech Technologies Limited Timeline

  1. Pre-apply
    26 Sep 2025
  2. Bid start
    29 Sep 2025
  3. Bid end
    1 Oct 2025
  4. Allotment
    3 Oct 2025
  5. Release of funds
    6 Oct 2025
  6. Demat transfer
    6 Oct 2025
  7. Listing
    7 Oct 2025

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.

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

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.

Objectives of Fabtech Technologies Limited IPO

Working capital
55.13%
The company will use up to ₹127 crore to meet its working capital needs.
General corporate purposes
31.80%
Part of the IPO proceeds will be used for general corporate purposes.
Pursuing inorganic growth
13.02%
The company will use up to ₹30 crore for acquisitions to support inorganic growth.

Compare

CompanyRevenue*3Y growthPATMarket capP/E ratioD/E ratio
This IPO₹326.6Cr29.83%₹46.45Cr₹849Cr13.320.32
This sector (avg.)₹342.41Cr0.01%₹38.53Cr₹1,862.48Cr31.540.53
₹10,670.1Cr---₹1,263.5Cr₹39,460.23Cr31.400.10
₹2,217.81Cr---₹423.66Cr₹10,977.95Cr26.730
₹3,087.59Cr---₹471.9Cr₹9,693.55Cr18.040.01

*Revenue for financial year 2024-25. Lower P/E and D/E ratios are generally preferred.

Fabtech Technologies Limited Contact Details

Company NameFabtech Technologies Limited

How to apply for Fabtech Technologies Limited?

  1. Step 1

    Log in to your Upstox account to access IPO investments. Next, select the current IPO section.

  2. Step 2

    Specify IPO details. Enter the number of lots and the price you wish to apply for.

  3. Step 3

    Enter UPI ID. After entering your UPI ID, click submit. This will place your bid with the exchange.

  4. Step 4

    Mandate Notification. Your UPI app will receive a mandate notification to block funds.

  5. Step 5

    Approve Request. Your funds will be blocked once you approve the mandate request on your UPI.

Fabtech Technologies Limited IPO FAQs

Investors can apply for the Fabtech Technologies Limited through their Demat account via the stock exchange or through their broker.
The issue size of the Fabtech Technologies Limited is 230 Cr.
Pre-applying for an IPO allows you to submit your application before the official subscription period begins.
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.
Fabtech Technologies Limited will be open between 2025-09-29 and 2025-10-01.
Fabtech Technologies Limited allotment date is 2025-10-06. For Fabtech Technologies Limited allotment status check, you can visit the website of the registrar of the IPO.
For Fabtech Technologies Limited, the IPO registrar is Bigshare Services Private Limited. You can check Fabtech Technologies Limited allotment status on the website of the registrar.
The shares are proposed to be listed on the BSE and NSE.
The Fabtech Technologies Limited shares will typically be credited to your demat account one working day before the IPO's listing date, provided your application is successfully allotted.
The Fabtech Technologies Limited lot size is 75 and minimum order quantity is 75.
Fabtech Technologies Limited has set the price band for its IPO at 191 per equity share with a face value of 10.