Fabtech Technologies Cleanrooms IPO

Company Details

Fabtech Technologies Cleanrooms Ltd is engaged in the business of manufacturing and providing design-to-validation solutions of pre-engineered and pre-fabricated modular panels and doors for building cleanrooms for pharmaceutical, healthcare & biotech sectors.

 

Cleanrooms are specially designed or constructed with a controlled environment to ensure low levels of pollutants, dust, airborne microbes, aerosol and chemical vapour. Their cleanroom solutions, which are tailor made as per their customers’ designs and global regulatory standards, comprises of wall panels, view panels, doors, risers, ceiling panels, covings, heat ventilation air conditioning (“HVAC”) system, epoxy flooring and electrification works. They provide a comprehensive service which includes initial design to validation, encompassing engineering, manufacturing, quality assurance, timely delivery, installation, commissioning, and validation and certification.

Their cleanroom products are certified by FM Global to ensure compliance with fire safety measures. They cater to the customers who are mainly operating in pharmaceuticals, healthcare and biotech sectors. Their customers include large pharmaceutical and healthcare companies such as Unichem Laboratories Ltd, Desano Pharmaceuticals Private Limited Apitoria Pharma Pvt Ltd (a 100% subsidiary of Aurobindo Pharma Ltd), Hamdard Laboratories (India), amongst others. Their manufacturing facility is located at Umbergaon, Valsad, Gujarat with a total area of about 70,000 sq. ft. Their plant is well equipped with a complete range of high performing machinery to manufacture cleanroom partitions.

We, through one of their subsidiaries, Altair Partition Systems LLP (“Altair”), are engaged in the business of manufacturing modular panels of economical grade. The manufacturing facility of Altair is located at Murbad, Thane with a total area of about 25,000 sq. ft. which is taken on lease. They have acquired, in aggregate 26% equity share capital of Advantek Air Systems Private Limited (“Advantek”), which is engaged in the business of manufacturing of Air Handling Units, a critical component essential for the optimal operation of cleanrooms.

 

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    • On the IPO application form that opens, fill in details like the Demat Account Number, Category of investor, number of lots you wish to invest in, the Cut-Off Price and others.
    • Now enter your UPI ID (make sure this UPI ID is connected to your Mirae Asset Sharekhan-mapped bank account) on the form. Read and accept the Terms & Conditions and click on the SUBMIT button.
    • Recheck the details on the order confirmation screen and confirm the order.
    • Once the exchange receives details about your bid, you will get a notification (IPO mandate request) on your UPI app and an SMS as well. Log in to your UPI app and go to the pending mandates section.
    • Verify all the details once again and authenticate your bid amount by entering your UPI PIN.
    • Once done, the IPO application amount will be blocked and you will receive an SMS about the blocked Bid amount.
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Note: The actual amount will be debited when the shares are allotted to you.

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