CFF Fluid Control FPO description – CFF Fluid Control, incorporated to serve India’s emerging defense sector, specializes in manufacturing and servicing submarine machinery and critical component systems for Indian Defence PSU Shipyards. As of 31 May 2025, the company maintains a robust order book of INR 513.97 crore, with over 90% derived from Indian Defence PSU Shipyards and associated OEMs. It operates a 6,000 sq. meter state-of-the-art manufacturing facility in Khopoli, Raigarh, dedicated to the Indian Navy’s “Scorpene” Submarine Program, with a new 1,950 sq. meter facility underway at Chakan Industrial Area, Pune.
CFF’s core competencies span fluid control systems, propulsion, steering gear, high-pressure air systems, and integrated platform management systems for submarines and surface ships. In a strategic collaboration with Germany’s Atlas Elektronik GmbH, CFF is set to produce 12 Low-Frequency Variable Depth Sonars (LFVDS) for the Indian Navy’s ASW Shallow Water Craft program, enhancing indigenous defense capabilities.
The company has shown exceptional financial growth with a CAGR of 43.52% in revenue, 49.19% in EBITDA, and 53.40% in profit after tax from FY 2022–23 to FY 2024–25. With 245 full-time employees and two decades of defense sector experience, CFF continues to strengthen India’s defense manufacturing ecosystem.
Promoters of CFF Fluid Control – Sunil Menon and Gautam Makkar
Table of Contents
CFF Fluid Control FPO Details
| CFF Fluid FPO Dates | 9 – 11 July 2025 |
| CFF Fluid Control FPO Price | INR 585 per share |
| Fresh issue | 15,00,000 shares (INR 87.75 crore) |
| Offer For Sale | Nil |
| Total FPO size | 15,00,000 shares (INR 87.75 crore) |
| Minimum Bid | 400 shares (INR 2,34,000) |
| Lot Size | 200 shares (INR 1,17,000) |
| Face Value | INR 10 per share |
| Retail Allocation | 50% |
| Listing On | BSE SME |
CFF Fluid Control Financial Performance
| FY 2023 | FY 2024 | FY 2025 | |
| Revenue | 70.67 | 106.86 | 145.56 |
| Expenses | 56.70 | 82.97 | 113.16 |
| Net income | 10.14 | 17.09 | 23.85 |
CFF Fluid Control Offer News
- CFF Fluid Control RHP
- CFF Fluid Control Draft Prospectus
- ASBA IPO Forms
- Live IPO Subscription Status
- Highest SME IPO Subscription in 2024
CFF Fluid Control Valuations & Margins
| FY 2023 | FY 2024 | FY 2025 | |
| EPS | 7.10 | 9.21 | 12.25 |
| PE ratio | – | – | 47.76 |
| RONW (%) | 40.56 | 13.57 | 16.13 |
| NAV | 17.51 | 64.67 | 75.92 |
| ROCE (%) | 24.18 | 17.50 | 21.84 |
| EBITDA (%) | 26.64 | 28.87 | 28.38 |
| Debt/EBITDA | 2.35 | 0.20 | 0.45 |
CFF Fluid Control FPO GMP Today
| Date | Consolidated IPO GMP | Kostak | Subject to Sauda |
| 12 July 2025 | 12 | – | 1,800 |
CFF Fluid Control FPO Subscription – Live Updates
| Category | Non-Individual | Individual | Total |
|---|---|---|---|
| Shares Offered | 7,11,000 | 7,11,000 | 14,22,000 |
| 11 Jul 2025 | 10.67 | 6.34 | 8.50 |
| 10 Jul 2025 | 2.74 | 0.73 | 1.73 |
| 9 Jul 2025 | 2.16 | 0.18 | 1.17 |
The market maker reservation portion of 78,000 shares is not included in the above calculations.
CFF Fluid Control FPO Allotment Status
CFF Fluid Control FPO allotment status will be available on Cameo Corporate Services’ website. Click on the Cameo Corporate Services weblink to get allotment status.
CFF Fluid Control FPO Dates & Listing Performance
| FPO Opening Date | 9 July 2025 |
| FPO Closing Date | 11 July 2025 |
| Finalization of Basis of Allotment | 14 July 2025 |
| Initiation of refunds | 15 July 2025 |
| Transfer of shares to demat accounts | 15 July 2025 |
| FPO Listing Date | 16 July 2025 |
| Opening Price on BSE SME | Coming soon |
| Closing Price on BSE SME | Coming soon |
CFF Fluid Control Offer Lead Manager
ARYAMAN FINANCIAL SERVICES LIMITED
60, Khatau Building, Ground Floor,
Alkesh Dinesh Modi Marg, Fort,
Mumbai – 400 001
Phone: +91 22 – 6216 6999
Email: [email protected]
Website: www.afsl.co.in
CFF Fluid Control Offer Registrar
CAMEO CORPORATE SERVICES LIMITED
‘Subramanian Building’,
1, Club House Road,
Chennai – 600 002, Tamil Nadu
Phone: +91 44 – 40020700
Email: [email protected]
Website: www.cameoindia.com
CFF Fluid Control Issue Contact Details
CFF FLUID CONTROL LIMITED
503, Delphi, A Wing,
Orchard Avenue, Hiranandani Business Park,
Powai, Mumbai-400076
Phone: 22 – 40021599
E-mail: [email protected]
Website: www.cffdefensys.com
FPO FAQs
What is the CFF Fluid FPO size?
CFF Fluid FPO size is INR 87.75 crores.
What is the CFF Fluid FPO price band?
CFF Fluid Control public offer price is INR 585 per share.
What is the lot size of the CFF Fluid Control FPO?
CFF Fluid FPO lot size is 200 shares.
What is CFF Fluid Control FPO GMP today?
CFF Fluid Control FPO GMP today is INR 12 per share.
What is the CFF Fluid Control kostak rate today?
CFF Fluid Control kostak rate today is NA per application.
What is the CFF Fluid Control Subject to Sauda rate today?
CFF Fluid Control Subject to Sauda rate today is INR 1,800 per application.