CFF Fluid Control IPO GMP, Review, Price, Allotment

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Last updated on June 12, 2023

CFF Fluid Control IPO

CFF Fluid Control IPO description – The company is in the business of manufacturing and servicing shipboard machinery, critical component systems, and test facilities for submarines & surface ships for The Indian Navy. CFF Fluid Control also designs, manufactures, and services mechanical equipment and systems for industries like Nuclear and Clean Energy.

Soon after its inception, the company signed a TOT (Transfer of Technology) agreement with Coyard SAS France for the design, manufacture, and supply of mechanical components for the Scorpene submarine program. The company has completed orders from Indian Navy (including its OEMs) worth INR 186.8 crore until December 2022 and has a robust order book of INR 90 crore. Over 90 % of it pertains to Indian Navy and its OEMs.

The company employs 33 at its facilities at Khopoli where it designs, manufactures, and services fluid control systems, distributor and air panels, Weapons and Control Systems, Steering gear, Propulsion Systems, High-Pressure Air Systems, Hydraulics Systems, Breathing and Diving Air Systems and Integrated Platform Management Systems for submarines and surface ships. The 6,000 sq. mtrs. The facility has state-of-the-art machinery and testing facilities and is approved by the Indian Navy, MDL & Naval Group (France), and has ISO 9001:2015 certification for quality management systems.

CFF Fluid Control IPO GMP

Promoters of CFF Fluid Control – Sunil Menon and Gautam Makkar


CFF Fluid Control IPO Details

CFF Fluid Control IPO Dates30 May – 2 Jun 2023
CFF Fluid Control IPO PriceINR 165 per share
Fresh issue5,200,000 shares (INR 85.8 crore)
Offer For SaleNIL
Total IPO size5,200,000 shares (INR 85.8 crore)
Minimum bid (lot size)800 shares (INR 132,000)
Face Value INR 10 per share
Retail Allocation50%
Listing OnBSE SME

CFF Fluid Control Financial Performance

 FY 2020FY 2021FY 20229M FY 2023
Revenue31.7814.5246.9950.77
Expenses30.1614.5536.6841.24
Net income1.330.257.807.18
Figures in INR Crores unless specified otherwise

CFF Fluid Control Offer News


CFF Fluid Control Valuations & Margins

FY 2020FY 2021FY 2022
EPS0.930.175.46
PE ratio30.22
RONW (%)19.583.5052.56
NAV4.764.9310.39
ROCE (%)17.666.2236.81
EBITDA (%)16.3021.1426.81
Debt/Equity 2.113.211.12
*Compiled by IPO Central from Prospectus

CFF Fluid Control IPO GMP Today

DateConsolidated IPO GMPKostakSubject to Sauda
9 Jun 20232
8 Jun 202337,000
7 Jun 202337,000
6 Jun 202337,000
5 Jun 202347,500
2 Jun 202358,000
1 Jun 2023710,000
31 May 20231012,000
30 May 20231018,000
29 May 20231220,000

CFF Fluid Control IPO Subscription – Live Updates

CategoryNon-retailRetailTotal
Shares Offered2,600,0002,600,0005,200,000
2 Jun 20232.581.502.04
1 Jun 20231.800.521.16
31 May 20231.590.220.91
30 May 20231.310.060.69

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 IPO 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


CFF Fluid Control IPO Allotment Status

CFF Fluid Control IPO allotment status is now available on Cameo Corporate Services’ website. Click on Cameo Corporate Services weblink to get allotment status.


CFF Fluid Control IPO Dates & Listing Performance

IPO Opening Date30 May 2023
IPO Closing Date2 June 2023
Finalization of Basis of Allotment7 June 2023
Initiation of refunds8 June 2023
Transfer of shares to demat accounts9 June 2023
IPO Listing Date12 June 2023
Opening Price on BSE SMEINR 175 per share (up 6.06%)
Closing Price on BSE SMEINR 183.75 per share (up 11.36%)

IPO FAQs

What is the CFF Fluid Control offer size?

CFF Fluid Control’s offer size is INR 85.8 crores.

What is the CFF Fluid Control offer price band?

CFF Fluid Control’s public offer price is INR 165 per share.

What is the lot size of the CFF Fluid Control IPO?

CFF Fluid Control’s offer lot size is 800 shares.

What is CFF Fluid Control IPO GMP today?

CFF Fluid Control IPO GMP today is INR 2 per share.

What is the CFF Fluid Control kostak rate today?

CFF Fluid Control kostak rate today is NA per application.

What is CFF Fluid Control Subject to Sauda rate today?

CFF Fluid Control Subject to Sauda rate today is NA per application.

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