Pattech Fitwell Tube Components Limited, although incorporated in 2022, actually began its remarkable journey ten years prior, in 2012. The company is dedicated to the manufacturing of forging products specifically for the non-automotive sector.
With a robust total installed capacity of 14104.13 metric tons per annum (MTPA), Pattech Fitwell specializes in producing a wide range of products, including forged flanges, complex and specialized machined components, and welded assemblies through open die forgings. The company’s expertise lies in converting semifinished and raw products into finished items by employing a variety of value-added processes. These processes include forming, bending, drilling, cutting, inspection, polishing, painting, blasting, welding, punching, marking, testing, and packaging.
Pattech Fitwell Tube Components Limited has established itself as a key player in the forging industry, providing top-quality products and a comprehensive array of services to cater to the unique demands of the non-automotive sector.
Stock Quote #
- Open: ₹63.00
- High – Low: ₹63.00 – ₹62.10
- Previous Close: ₹61.85
- Total Traded Value: 6,000
- Updated On: Jul 21, 2023 4:00 PM
IPO Details #
| IPO Date | Apr 5, 2023 to Apr 12, 2023 |
| Listing Date | Apr 21, 2023 |
| Face Value | ₹10 per share |
| Price | ₹50 per share |
| Lot Size | 3000 Shares |
| Total Issue Size | 2,400,000 shares (aggregating up to ₹12.00 Cr) |
| Fresh Issue | 2,400,000 shares (aggregating up to ₹12.00 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | NSE SME |
| Market Maker portion | 126,000 shares Pure Broking |
IPO Reservation #
| Anchor Investor Shares Offered | – |
| Market Maker Shares Offered | 126,000 (4.99%) |
| Other Shares Offered | 1,200,000 (47.51%) |
| Retail Shares Offered | 1,200,000 (47.51%) |
| Total Shares Offered | 2,526,000 (100%) |
Pattech Fitwell Tube Components IPO Timetable (Tentative) #
Pattech Fitwell Tube Components IPO opens on Apr 5, 2023, and closes on Apr 12, 2023.
| Event | Tentative Date |
|---|---|
| Opening Date | Wednesday, 5 April 2023 |
| Closing Date | Wednesday, 12 April 2023 |
| Basis of Allotment | Tuesday, 18 April 2023 |
| Initiation of Refunds | Wednesday, 19 April 2023 |
| Credit of Shares to Demat | Thursday, 20 April 2023 |
| Listing Date | Friday, 21 April 2023 |
| Cut-off time for UPI mandate confirmation | 5 PM on Apr 12, 2023 |
Pattech Fitwell Tube Components IPO Lot Size #
The Pattech Fitwell Tube Components IPO lot size is 3000 shares.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 3000 | ₹150,000 |
| Retail (Max) | 1 | 3000 | ₹150,000 |
| HNI (Min) | 2 | 6,000 | ₹300,000 |
| Lot Size Calculator | |||
Pattech Fitwell Tube Components IPO Promoter Holding #
Bharatbhai Jivrajbhai Limbani and Jaysukhbhai Popatbhai Limbani are the Promoters of our Company.
| Pre Issue Share Holding | 100.00% |
| Post Issue Share Holding | 69.06% |
Company Financials #
| Period Ended | Total Assets | Total Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing |
|---|---|---|---|---|---|---|
| 31-Mar-20 | 1,155.69 | 2,038.99 | 7.74 | 190.05 | 0.00 | 867.72 |
| 31-Mar-21 | 1,386.66 | 1,844.93 | -1.16 | 321.11 | 0.00 | 976.32 |
| 31-Mar-22 | 2,530.38 | 2,262.87 | 144.45 | 563.06 | 0.00 | 1,663.56 |
| 21-Aug-22 | 2,572.07 | 968.72 | 34.76 | 569.71 | 0.00 | 1,456.31 |
| 30-Nov-22 | 2,661.01 | 1,137.66 | 19.69 | 529.11 | 19.69 | 1,745.92 |
| Amount in ₹ Lakhs | ||||||
Key Performance Indicator #
| KPI | Values |
|---|---|
| P/E (x) | 46.73 |
| Market Cap (₹ Cr.) | 38.79 |
| ROE | 25.66% |
| ROCE | 11.00% |
The Company proposes to utilize the Net Proceeds from the Issue towards the following objects:
- Funding our working capital requirements;
- General corporate purposes
Pattech Fitwell Tube Components IPO Subscription Status (Bidding Detail) #
The Pattech Fitwell Tube Components IPO is subscribed 1.97 times on Apr 12, 2023 7:30:00 PM. The public issue subscribed 1.90 times in the retail category, times in the QIB category, and 2.05 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) |
|---|---|
| Other | 2.05 |
| Retail | 1.90 |
| Total | 1.97 |
Total Application : 760 (2.01 times)
Pattech Fitwell Tube Components IPO Prospectus #
- Pattech Fitwell Tube Components IPO DRHP
- Pattech Fitwell Tube Components IPO RHP
Pattech Fitwell Tube Components IPO Listing Details #
| Listing Date | Apr 21, 2023 |
| BSE Script Code | |
| NSE Symbol | PATTECH |
| ISIN | INE0NZW01014 |
| Final Issue Price | ₹50 per share |
Listing Day Trading Information #
| Price Details |
|---|
| Final Issue Price |
| Open |
| Low |
| High |
| Last Trade |
| NSE SME |
|---|
| ₹50.00 |
| ₹60.00 |
| ₹57.60 |
| ₹60.55 |
| ₹57.60 |
Company Contact Information
Survey No.873/B/1, RD No: 1, Ansons Limbani Estate
Nr. GETCO 66K.V. Sub Station, G.I.D.C, Por, N.H-08
Vadodara – 391243
Phone: (0265) 2830151
Email: cs@pftcpipefittings.com
Website: https://www.pftcpipefittings.com/
Pattech Fitwell Tube Components IPO Registrar #
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://ipo.bigshareonline.com/ipo_status.html
Pattech Fitwell Tube Components IPO Lead Manager(s) #
Frequently Asked Questions #
What is the IPO date for Pattech Fitwell Tube Components Limited? #
The IPO of Pattech Fitwell Tube Components Limited opened on April 5, 2023, and closed on April 12, 2023.
When is the listing date for Pattech Fitwell Tube Components IPO? #
The shares of Pattech Fitwell Tube Components Limited are expected to be listed on the NSE SME platform on April 21, 2023.
What is the issue price and face value of Pattech Fitwell Tube Components IPO shares? #
The issue price of Pattech Fitwell Tube Components IPO shares is ₹50 per share, and the face value is ₹10 per share.
What is the lot size for Pattech Fitwell Tube Components IPO? #
The lot size for Pattech Fitwell Tube Components IPO is 3000 shares.
How many shares are offered in the Pattech Fitwell Tube Components IPO? #
The Pattech Fitwell Tube Components IPO offers a total of 2,526,000 equity shares, comprising 1,200,000 shares for retail investors, 1,200,000 shares for other investors, and 126,000 shares for the market maker.
What are the key financial indicators of Pattech Fitwell Tube Components Limited? #
As of the latest available financial data (up to November 2022), Pattech Fitwell Tube Components Limited has reported a price-to-earnings ratio (P/E) of 46.73, a market capitalization of ₹38.79 Crores, a return on equity (ROE) of 25.66%, and a return on capital employed (ROCE) of 11.00%.
Who are the promoters of Pattech Fitwell Tube Components Limited? #
The promoters of Pattech Fitwell Tube Components Limited are Bharatbhai Jivrajbhai Limbani and Jaysukhbhai Popatbhai Limbani.
What are the objects of the Pattech Fitwell Tube Components IPO? #
The proceeds from the IPO will be utilized by the company for funding its working capital requirements and general corporate purposes.
Please note that the information provided above is based on the available data up to April 12, 2023, and it’s advisable to conduct further research and consult with financial experts before making any investment decisions.
