Fabtech Technologies Cleanrooms IPO Allotment Likely Today: Here’s What You Need to Know

The highly anticipated Fabtech Technologies Cleanrooms IPO allotment is likely to be announced today, January 8, 2025. Following a stellar subscription, with an overwhelming demand of 740.37 times, investors are eagerly waiting to see if they’ve secured a piece of this hot IPO.

IPO Overview

The Fabtech Technologies Cleanrooms IPO opened for subscription from January 3 to January 7, 2025, and was met with significant enthusiasm across investor categories:

Retail Investors: Subscribed 715.05 times
Qualified Institutional Buyers (QIBs): Subscribed 224.5 times
Non-Institutional Investors (NIIs): Subscribed a remarkable 1,485.52 times

The IPO comprised a fresh issue of 32.64 lakh shares, aimed at raising ₹27.74 crore. The price band was set at ₹80-85 per share, and the shares are expected to debut at a premium, reflecting the strong demand.

Allotment Status and Listing Details

Investors can check their allotment status through two official channels:

1. Registrar’s Website (Maashitla Securities)

Visit the IPO allotment page on Maashitla Securities
Select "Fabtech Technologies Cleanrooms" from the list of companies
Enter your Application Number, Demat Account Number, or PAN
Submit the details to view your allotment status

2. BSE’s Website

Go to the BSE Allotment Status Page
Choose the issue type as Equity
Select "Fabtech Technologies Cleanrooms" from the dropdown list
Provide your Application Number or PAN
Complete the captcha and click Search

Listing and Projected Price

In line with the T+3 listing rule, the shares are set to list on Friday, January 10, 2025. Based on the current Grey Market Premium (GMP) of ₹105, the stock is expected to debut at ₹190, reflecting a 124% premium over the upper issue price of ₹85.

Grey Market Buzz

The high GMP of ₹105 indicates a robust sentiment among investors in the grey market. This positive momentum underscores confidence in Fabtech Technologies Cleanrooms’ potential to deliver strong returns.

Conclusion

With an incredible subscription response and a promising grey market premium, the Fabtech Technologies Cleanrooms IPO is shaping up to be one of the most exciting market debuts of the year. Investors are advised to check their allotment status today and gear up for the listing on January 10.

Stay tuned for updates, and good luck!