Pattech Fitwell IPO GMP, Review, Price, Allotment

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Pattech Fitwell IPO GMP 2023

Pattech Fitwell IPO description – Pattech Fitwell Tube Components is engaged in the production of forging products for the non-automotive sector. The company has a total installed capacity of 14104.13 MTPA for manufacturing forged flanges, complex and specialized machined components and welded assemblies in the area of open die forgings.

The company converts semifinished/raw products to finished products by carrying its value-added processes such as forming, bending, drilling, cutting, inspection, polishing, painting, blasting, welding, punching, marking, testing, and packaging.

Vadodara-based Pattech Fitwell manufactures its products from carbon steel, alloy steel, and stainless steel pipes, coils, plates, structures, and forgings conforming to international standards. At present, the company has a highly sophisticated and technically competent plant divided into two parts.

As on 31 December 2022, its overall staff strength is 9 employees including skilled labour, administrative staff, and a management team. The company also employs 106 unskilled workers.

Pattech Fitwell 2023

Promoters of Pattech Fitwell – Bharatbhai Jivrajbhai Limbani and Jaysukhbhai Popatbhai Limbani


Pattech Fitwell IPO Details

Pattech Fitwell IPO Dates5 – 12 April 2023
Pattech Fitwell IPO PriceINR 50 per share
Fresh issue24,00,000 shares (INR 12 crores)
Offer For SaleNil
Total IPO size24,00,000 shares (INR 12 crores)
Minimum bid (lot size)3,000 shares (INR 150,000)
Face Value INR 10 per share
Retail Allocation50%
Listing OnNSE EMERGE

Pattech Fitwell Financial Performance

 FY 2020FY 2021FY 20221 Apr – 21 Aug 202222 Aug – 30 Nov 2022*
Revenue2,034.21,833.62,224.9950.11,132.3
Expenses2,025.11,848.02,069.5923.91,106.5
Net income7.74(1.16)144.534.7619.69
* Figures are related to company which was incorporated on 22 August 2022.
Prior year figures are related to partnership firm.
Figures in INR Lakhs unless specified otherwise

Pattech Fitwell Offer News


Pattech Fitwell Valuations & Margins

FY 2020FY 2021FY 2022
EPSNANANA
PE ratioNANANA
RONW (%)NANANA
NAVNANANA
EBITDA (%)*3.854.9810.79
ROCE (%)*5.264.8611.0
Debt/Equity*4.573.042.95
* Figures are related to partnership firm which was taken over by the company.
Compiled by IPO Central from Prospectus

Pattech Fitwell IPO GMP Today

DateConsolidated IPO GMPKostakSubject to Sauda
Coming soon–––

Pattech Fitwell IPO Subscription – Live Updates

CategoryNon-RetailRetailTotal
Shares Offered1,200,0001,200,0002,400,000
12 Apr 20232.051.891.97
11 Apr 20231.710.771.23
10 Apr 20231.700.441.07
6 Apr 20231.380.180.78
5 Apr 20231.190.060.62

Pattech Fitwell Offer Lead Manager

FEDEX SECURITIES PRIVATE LIMITED
B 7, 3rd Floor, Jay Chambers, Dayaldas Road,
Vile Parle – [East], Mumbai – 400 057, Maharashtra
Phone: +91 81049 85249
Email: [email protected]
Website: www.fedsec.in


Pattech Fitwell Offer Registrar

BIGSHARE SERVICES PRIVATE LIMITED
Office No. S6-2, 6th Floor,
Pinnacle Business Park,
Next to Ahura Centre, Mahakali
Caves Road, Andheri East,
Mumbai – 400 093
Phone: +91 22 6263 8200
Email: [email protected]
Website: www.bigshareonline.com


Pattech Fitwell Contact Details

PATTECH FITWELL TUBE COMPONENTS LIMITED
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, Gujarat, India
Phone: (0265) 2830151
E-mail: [email protected]
Website: www.pftcpipefittings.com


Pattech Fitwell IPO Allotment Status

Pattech Fitwell IPO allotment status is now available on Bigshare Services’ website. Click on Bigshare Services weblink to get allotment status.


Pattech Fitwell IPO Dates & Listing Performance

IPO Opening Date5 April 2023
IPO Closing Date12 April 2023
Finalisation of Basis of Allotment18 April 2023
Initiation of refunds19 April 2023
Transfer of shares to demat accounts20 April 2023
Pattech Fitwell IPO Listing Date21 April 2023
Opening Price on NSE SMEINR 55 per share (up 10%)
Closing Price on NSE SMEINR 57.75 per share (up 15.50%)

Pattech Fitwell IPO FAQs

What is the Pattech Fitwell offer size?

Pattech Fitwell offer size is INR 12 crores.

What is the Pattech Fitwell IPO Price Band?

Pattech Fitwell public offer price is INR 50 per share.

What is the lot size of the Pattech Fitwell IPO?

Pattech Fitwell offer a lot size is 3,000 shares.

What is Pattech Fitwell IPO GMP today?

Pattech Fitwell IPO GMP today is INR NA per share.

What is the Pattech Fitwell kostak rate today?

Pattech Fitwell kostak rate today is NA per application.

What is Pattech Fitwell Subject to Sauda rate today?

Pattech Fitwell Subject to Sauda rate today is INR NA per application.

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