IPO Issue Details
Issue Price / Price Band₹50 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size3,000 Shares per Lot
Total Issue Size24,00,000 shares (aggregating up to ₹12.00 Cr)
Issue TypeFixed Price IPO
Sale Type / CategoryFresh Capital
Exchange / PlatformNSE SME
IPO TypeSME
Subscription OpenWed, 05 Apr 2023
Subscription CloseWed, 12 Apr 2023
Anchor AllotmentTue, 04 Apr 2023
Basis of AllotmentTue, 18 Apr 2023
Initiation of RefundsWed, 19 Apr 2023
Credit of Shares to DematThu, 20 Apr 2023
Listing DateFri, 21 Apr 2023
UPI Mandate Deadline2023-04-12
Application & Investment Details
Retail — Min (1 Lots)₹1,50,000 — 3,000 shares
Retail — Max (13 Lots)₹1,950,000 (13 Lots)
HNI — Min (2 Lots)₹3,00,000 — 6,000 shares
P/E Ratio (Pre-IPO)46.73x
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-IPO Promoter Holding53,57,187 shares
Post-IPO Promoter Holding77,57,187 shares
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
Pattech Fitwell Tube Components Ltd proposes to utilise the net proceeds from the Issue for the following objects:
1
Funding our working capital requirements;
2
General corporate purposes
Shareholding & Lock-in
Pre-IPO Promoter Holding
53,57,187 shares
Post-IPO Promoter Holding
77,57,187 shares