Fabtech Technologies Ltd - IPO

Fabtech Technologies Ltd IPO Details

Initial public offering of up to 1,20,60,000 equity shares of face value of Rs. 10 each Equity Shares) of the company for cash at a price of Rs. 191 per equity share (including a share premium of Rs. 181 per equity share) (Issue Price) aggregating up to Rs. [*] crores( '' Issue ). ( The issue Shall Constitute [*] of the post-issued paid-up equity share capital of the company.The issue includes a reservation of up to [*] equity shares of face value of Rs. 10 each, aggregating up to Rs. 1.00 crores (constituting up to [*]% of the post issue paid-up equity share capital of the company) for subscription by eligible employees (the Employee Reservation Portion ). the issue less the employees reservation portion is hereinafter referred to as the Net Issue . the issue shall constitute [*] and [*] respectively, of the post-issue paid-up equity share capital of the company. the company in consultation with the book running lead Manager , may offer a discount of up to [*] equivalent of Rs. 9 per equity share on the price to eligible employees bidding under the employee reservation portion ( Employee Discount ).A discount of Rs. 9 per equity share is being offered to eligible employees bidding in the employee reservation portion.

Objective of issue

Funding working capital requirements of the company. Pursuing inorganic growth initiatives through acquisitions. General corporate purposes.

Fabtech Technologies Ltd Contact Details

Fabtech Technologies Ltd, Office No 56-2, Pinnacle Busine.Park, Mahakali Caves Road, Mumbai - 400093

Phone - 91-22-62638200

Fax - 91-22-63638299

Email - cs@fabtechnologies.com

Website - www.fabtechnologies.com