Pattech Fitwell Tube Components Ltd IPO — GMP, Details & Subscription

IPO Details

Open Date

05 Apr 2023

Close Date

12 Apr 2023

Allotment

18 Apr 2023

Listing Date

21 Apr 2023

Exchange

NSE SME

Price Band

₹50

Listing Price

See chart

Allotment Status

Check Now →

Price Band

₹50

Per share

Face Value

₹10 per share

Lot Size

3,000 Shares

per lot

Issue Size

24,00,000 shares (aggregating up to ₹12.00 Cr)

Total offering

Issue Type

Fixed Price IPO

Min Investment

₹150,000

1 lot

Pre-IPO Holding

53,57,187 shares

Promoters

Post-IPO Holding

77,57,187 shares

Promoters

P/E (Pre)

46.73x

UPI Deadline

2023-04-12

Mandate

Anchor AllotmentTue, 04 Apr 2023

Basis of AllotmentTue, 18 Apr 2023

Refund InitiationWed, 19 Apr 2023

Demat CreditThu, 20 Apr 2023

Listing DayFri, 21 Apr 2023

UPI Mandate Deadline2023-04-12

Sale TypeFresh Capital

Net Offer to Public22,74,000 shares (aggregating up to ₹11.37 Cr)

Market Maker Quota1,26,000 shares (aggregating up to ₹0.6300 Cr)

QIB Quota50% of Net Issue

HNI / NII Quota15% of Net Issue

Retail Quota35% of Net Issue

Check AllotmentClick here →

Subscription Rate Final

Pattech Fitwell Tube Components Ltd IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 12 Apr 2023.

QIB

1.00x

Over

NII/HNI

1.00x

Over

Retail

1.00x

Over

Total

1.00x

Over

Category	Subscription	Shares Offered	% of Total	Amount (₹Cr)
Market Maker	Awaited	126,000	—	₹0.63
QIB	Over 1.00x	—	—	—
NII / HNI	Over 1.00x	—	—	—
Retail	Over 1.00x	—	—	—
Total	1.00x	2,400,000	100%	₹12.00

IPO Shares Offered

Pattech Fitwell Tube Components Ltd IPO total issue size: ₹12.00 Cr.

Category	Shares Offered	Amount (₹Cr)	Size (%)
Market Maker	126,000	₹0.63	5.25%
Total	2,400,000	₹12.00	100.00%

* Based on upper price band ₹50 per share

Lot Size & Investment

Lot Size

3,000

Shares per Lot

Issue Price

₹50.00

Upper Band

Min Investment

₹150,000

1 Lot

Application	Lots	Shares	Amount
Retail (Min — 2 Lots)	2	6,000	₹300,000
Retail (Max — 13 Lots)	13	39,000	₹1,950,000
S-HNI (Min — 14 Lots)	14	42,000	₹2,100,000
B-HNI (Min — 68 Lots)	68	204,000	₹10,200,000

* Issue Price ₹50 × Lot Size 3,000 shares

IPO Schedule

Anchor

04 Apr 2023

✓ Done

IPO Open

05 Apr 2023

✓ Done

IPO Close

12 Apr 2023

✓ Done

Allotment

18 Apr 2023

✓ Done

Refunds

19 Apr 2023

✓ Done

Demat Credit

20 Apr 2023

✓ Done

Listing Day

21 Apr 2023

✓ Done

₹50.00

INR · NSE

Fetching…

vs Issue Price

—

OPEN

—

HIGH

—

LOW

—

MKT CAP

—

P/E

—

52W HIGH

—

52W LOW

—

VOLUME

—

DIVIDEND

—

DIV YIELD

—

Loading…

Chart Not Available

Try again 2–3 days after listing.

Issue ₹50.00 Live Price

About Pattech Fitwell Tube Components Ltd

Incorporated in 2022, Pattech Fitwell Tube Components Limited commenced its journey a decade ago in the year 2012. The company is engaged in the manufacturing of forging products for the non-automotive sector.Pattech Fitwell has a total installed capacity of 14104.13 MTPA for manufacturing forged flanges, complex and specialized machined components, welded assemblies in the area of open die forgings. They convert semifinished/raw products to finished products by carrying out various value-added processes like forming, bending, drilling, cutting, inspection, polishing, painting, blasting, welding, punching, marking, testing, and packaging.

Objects of the Issue

Funding our working capital requirements;

General corporate purposes

Pattech Fitwell Tube Components Ltd Financials (Amount in ₹ Lakhs)

Revenue from Operations

₹2,262.9

31-Mar-22

₹968.7

21-Aug-22

₹1,137.7

30-Nov-22

Profit After Tax (PAT)

₹144.5

31-Mar-22

₹34.8

21-Aug-22

₹19.7

30-Nov-22

Particulars	30-Nov-22	21-Aug-22	31-Mar-22
Revenue from Operations	1137.66	968.72	2262.87
EBITDA	N/A	N/A	N/A
Profit After Tax (PAT)	19.69	34.76	144.45
Net Worth	529.11	569.71	563.06
Total Assets	2661.01	2572.07	2530.38
Reserves & Surplus	19.69	0.00	0.00
Borrowings	1745.92	1456.31	1663.56
EBITDA Margin (%)	N/A	—	—
PAT Margin (%)	N/A	—	—

RoE

25.66

RoCE

11.00

Issue Structure & Shareholding

Total Shares Offered24,00,000 (100.00%)

Net Offer to Public22,74,000 shares (aggregating up to ₹11.37 Cr)

Reserved for Market Maker1,26,000 shares (aggregating up to ₹0.6300 Cr)

Pre-Issue Promoter Holding53,57,187 shares

Post-Issue Promoter Holding77,57,187 shares

P/BV RatioN/A

RoE25.66

RoCE11.00

Debt / EquityN/A

Script CodeN/A

Registrar & Lead Managers

IPO Registrar

Bigshare Services Pvt.Ltd.

+91-22-6263 8200

ipo@bigshareonline.com

https://ipo.bigshareonline.com/IPO_Status.html

Check Allotment

Book Running Lead Managers

Fedex Securities Pvt.Ltd

GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.

IPO Subscription FAQs

How much Pattech Fitwell Tube Components Ltd IPO subscribed? ▲

Pattech Fitwell Tube Components Ltd IPO is subscribed 1.00 times by Apr 12, 2023. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor Category	Subscription
Qualified Institutional (QIB)	1.00x
Non Institutional (NII/HNI)	1.00x
Retail Individual	1.00x
Total Subscription	1.00x

What is Pattech Fitwell Tube Components Ltd IPO retail subscription status? ▼

The Pattech Fitwell Tube Components Ltd IPO retail category is subscribed 1.00 times as of 12 Apr 2023. The retail portion is oversubscribed.

How to subscribe Pattech Fitwell Tube Components Ltd IPO? ▼

Subscribe via your broker app using ASBA or UPI. Opens 05 Apr 2023 and closes 12 Apr 2023. Min investment: ₹150,000 (1 lot = 3,000 shares). UPI mandate: 2023-04-12.

How many times Pattech Fitwell Tube Components Ltd IPO subscribed? ▼

The Pattech Fitwell Tube Components Ltd IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check Pattech Fitwell Tube Components Ltd IPO allotment? ▼

Check allotment on the registrar website (Bigshare Services Pvt.Ltd.) at https://ipo.bigshareonline.com/IPO_Status.html. Enter your PAN, application number or DP/Client ID. Allotment date: 18 Apr 2023. Refunds: on 19 Apr 2023.

When Pattech Fitwell Tube Components Ltd IPO will be listed? ▼

The Pattech Fitwell Tube Components Ltd IPO listing date is 21 Apr 2023, Friday. Listed on: NSE SME. Issue price: ₹50. Estimated listing: ₹50. GMP: NIL.

When Pattech Fitwell Tube Components Ltd IPO close? ▼

The Pattech Fitwell Tube Components Ltd IPO closes on 12 Apr 2023, Wednesday. UPI mandate: 2023-04-12. Allotment: 18 Apr 2023. Listing: 21 Apr 2023.

Quick Actions

Check Allotment

Live Price LIVE

Last Price₹50.00

Change—

Issue Price₹50.00

vs Issue—

Quick Summary

StatusListed

Issue Price₹50

Face Value₹10

Lot Size3,000 Sh

Min. Amount₹150,000

GMPNIL

Est. Listing₹50

Subscribed1.00x

Open Date05 Apr 2023

Close Date12 Apr 2023

Allotment18 Apr 2023

Listing Date21 Apr 2023

ExchangeNSE SME

UPI Deadline2023-04-12