Pattech Fitwell Tube IPO will be Open on 05 April 2023 and closes on 12 April 2023. The company has fixed the price of this IPO at ₹50 according to the face value of ₹10. The company will raise ₹12.00 Crores through this IPO under the 24,00,000 Equity Shares public issue, and the offer is 100% Fixed Price Issue. The company reserve quota in this IPO 50% for NII and 50% Retail Investor. You can check Pattech Fitwell Tube IPO GMP here.
Pattech Fitwell Tube Components Limited is manufacturer of forging products for the non-automotive sector. The company has total installed capacity of 14104.13 MTPA for manufacturing of forged flanges, complex and specialized machined components, welded assemblies in the area of open die forgings.
The Company converts semifinished / raw products to finished products by carrying our value-added process such as forming, bending, drilling, cutting, inspection, polishing, painting, blasting, welding, punching, marking, testing and packaging. You can check Pattech Fitwell Tube IPO subscription status here.
The company manufacture these products from carbon steel, alloy steel and stainless-steel pipes, coils, plates, structures and forgings conforming to international standards
Objects Of The Issue :
- To Meet Working Capital Requirements
- General Corporate Purposes
Company Strengths :
- Diversified customer base and long-standing relationship with our customers
- Diversified Product portfolio
- Experienced Promoter Directors with extensive domain knowledge
- Well Established Manufacturing Facility designed to serve multiple products range
- Quality assurance and accreditations
- Healthy financial condition
| Read also: Upcoming IPO List 2023 |
Pattech Fitwell Tube IPO Review :
| Details | Valuation |
| PAT 2022 : Issue Price : EPS 2022 : PE Ratio : RoNW : NAV Value : Total Assets : Market Cap : Pre Holding : Post Holding : | ₹1.44 Cr (March 2022) ₹50/ EQ (Cut Off) ₹0.37 (Aug 2022) 135.13x (PE Approx) 3.72% (Nov 2022) ₹22.29 (Aug 2022) ₹26.61 Cr (Nov 2022) ₹38.78 Cr 100.28% 69.06% |
| Team Review : | ╳ AVOID |
Pattech Fitwell Tube IPO GMP Live:
Pattech Fitwell Tube IPO GMP Or Grey Market Premium available here. The SME IPO GMP Premium updated Day By Day IPOs Running Period and the GMP Rates are Fluctuate and stable some times later. (GMP rates are Not 100% Guaranteed)
| Date | GMP | Subject Rate |
| 05 April 2023 | Check Live GMP | ₹ |
| 04 April 2023 | ₹0-₹0 | ₹0 |
| 03 April 2023 | ₹0-₹0 | ₹0 |
| 02 April 2023 | ₹0-₹0 | ₹0 |
Pattech Fitwell Tube IPO Date & Price Band & Details :
| Issue Offer : | Fixed Price Issue |
| IPO Open : | 05 April 2023 |
| IPO Close : | 12 April 2023 |
| IPO Size : | ₹12.00 Cr {24,00,000 Share} |
| Face Value : | ₹10 Equity Share |
| Price Band : | ₹50 Per Share |
| Listing On : | NSE, SME |
| Issue Size : | ₹12.00 Cr {24,00,000 Share} |
| Fresh Issue : | ₹12.00 Cr {24,00,000 Share} |
| Offer For Sale : | ₹. Cr |
Pattech Fitwell Tube IPO Market Lot :
Pattech Fitwell Tube IPO Minimum Market lot is 1 Lot with 3000 shares with ₹150,000 Application amount. The retail investors can apply up to 1 lots with 3000 Shares or ₹150,000 amounts.
| Category | Lot | Share | Amount |
| Retail (Min) : | 1 | 3000 | ₹150,000 |
| Retail (Max) : | 1 | 3000 | ₹150,000 |
| S-HNI (Min) : | 2 | 6000 | ₹300,000 |
Pattech Fitwell Tube IPO Shares Offer :
A Total of 24,00,000 shares are to be bid for the public issue by Pattech Fitwell Tube IPO with 24,00,000 for Fresh issue and – for offer for sale.
| Category | Shares Offer | Amount |
| Fresh issue : | 24,00,000 | ₹12.00 Cr |
| Offer For Sale : | – | ₹- |
| Total : | 24,00,000 | ₹12.00 Cr |
Pattech Fitwell Tube IPO Net Reservation :
Pattech Fitwell Tube IPO Net Reservation of 24,00,000 shares are to be bid for the public issue by Pattech Fitwell Tube IPO with – for QIB and 12,00,000 for NII 12,00,000 For RII & – Shares EMP.
| Category | Reservation | Shares | Amount |
| QIB : | % | – | ₹- |
| NII : | 50% | 12,00,000 | ₹6.00 Cr |
| RII : | 50% | 12,00,000 | ₹6.00 Cr |
| MMRP : | – % | – | ₹- |
| Total : | 100% | 24,00,000 | ₹12.00 Cr |
Pattech Fitwell Tube IPO Dates :
Pattech Fitwell Tube IPO Date is 05 April 2023 and closes on 12 April 2023. The allotment will be finalized on 18 April 2023 and the IPO may list on 21 April 2023.
| Issue Open Date : | 05 April 2023 |
| Issue Close Date : | 12 April 2023 |
| Allotment Date : | 18 April 2023 |
| Refund Date : | 19 April 2023 |
| Share Credit Date : | 20 April 2023 |
| Listing Date : | 21 April 2023 |
Pattech Fitwell Tube IPO Form :
There are two ways to apply in Pattech Fitwell Tube IPO. You can apply for Pattech Fitwell Tube IPO through ASBA available in your bank account. You have to go to your online bank login and select Pattech Fitwell Tube IPO in the Invest section and apply through your bank account. Another option is you can apply Pattech Fitwell Tube IPO through IPO form download through NSE and BSE. See the Pattech Fitwell Tube IPO Form – Download the NSE Form and BSE Form IPO Form, fill it, and submit it to your bank or your broker.
Pattech Fitwell Tube Company Financial Report (lakh) :
| Year | Revenue | Expense | PAT |
| 2022 Nov | ₹1137.66 | ₹1106.48 | ₹19.69 |
| 2022 | ₹2262.87 | ₹2069.54 | ₹144.45 |
| 2021 | ₹1844.93 | ₹1848.02 | ₹-1.16 |
| 2020 | ₹2038.99 | ₹2025.12 | ₹7.74 |
Company Promoters :
■ Bharatbhai Jivrajbhai Limbani
Quick Link :
■ DRHP Draft Prospectus
■ RHP Draft Prospectus
Pattech Fitwell Tube IPO Lead Managers :
■ Fedex Securities Limited
Pattech Fitwell Tube IPO Registrar :
Bigshare Services Private Limited
Office No. S6 – 2, 6th Floor,
Pinnacle Business Park,
Next to Ahura Centre, Mahakali
Caves Road, Andheri – [East],
Mumbai – 400093, Maharashtra, India.
Tel No: +91 22 6263 8200
Fax No: +91 22 6263 8299
E-mail Id: [email protected]
Website: www.bigshareonline.com
Note: Check Pattech Fitwell Tube IPO allotment status Visit IPOBAZAR Allotment Page And Search Your Registrar IPO Allotment Link. Click Here
Company Address :
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.
Tel No: (0265) 2830151
Email: [email protected]
Website: https://www.pftcpipefittings.com/
Pattech Fitwell Tube IPO FAQs :
What is Pattech Fitwell Tube IPO?
Pattech Fitwell Tube IPO is SME IPO. They are going to raise ₹12.00 Crores via IPO. The issue is priced at ₹50 per equity share. The IPO to be listed on NSE, SME.
When Pattech Fitwell Tube IPO will open?
The IPO is to open on 05 April 2023 for QIB, NII & RII.
How much is Pattech Fitwell Tube IPO Size?
Pattech Fitwell Tube IPO size is ₹12.00 Crores.
How much is the Fresh issue size of Pattech Fitwell Tube IPO?
The Fresh issue size of Pattech Fitwell Tube IPO ₹12.00 Cr.
How much is the Offer For Sale size of Pattech Fitwell Tube IPO?
The Offer For Sale size of Pattech Fitwell Tube IPO ₹0 Cr.
What is Pattech Fitwell Tube IPO Price Band?
Pattech Fitwell Tube IPO Price Band is ₹50 Per share.
What is the Pattech Fitwell Tube IPO Minimum and Maximum Lot Size?
The minimum bid is 3000 Shares with ₹1,50,000 amount while the maximum bid is 3000 shares with ₹1,50,000.
How much is Pattech Fitwell Tube IPO Investors Portion?
The investors’ portion for QIB 0%, NII 50%, RII 50%.
When is Pattech Fitwell Tube IPO Allotment Date?
Pattech Fitwell Tube IPO allotment date is 18 April 2023.
When is Pattech Fitwell Tube IPO Listing Date?
Pattech Fitwell Tube IPO listing date is 21 April 2023. The IPO to list on NSE, SME.
How to Apply the Pattech Fitwell Tube IPO through Zerodha?
“You Can Apply SME IPO in Zerodha”.Log in to Console in Zerodha Website. Go to Portfolio and Click on IPO. You will see the IPO Name “Pattech Fitwell Tube IPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
How to Apply the Pattech Fitwell Tube IPO through Upstox?
“NSE SME IPO is Not Apply in Upstox”.Log in to Upstox Website or app. Go to Portfolio and Click on IPO. You will see the IPO Name “Pattech Fitwell Tube IPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
How to Apply the Pattech Fitwell Tube IPO through Groww?
“NSE SME IPO is Not Apply in Groww”.Log in to Groww Website or app. Now you can see IPOs and Click on IPO. You will see the IPO Name “Pattech Fitwell Tube IPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
How to Apply the Pattech Fitwell Tube IPO through Paytm Money?
“NSE SME IPO is Not Apply in Paytm Money“.Log in to the Paytm Money Website or app. Now you can see Invest is IPOs Section and Click on IPO. You will see the IPO Name “Pattech Fitwell Tube IPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
| Pattech Fitwell Tube GMP: Click Here Pattech Fitwell Tube Subscription: Click Here Pattech Fitwell Tube Allotment: Click Here Pattech Fitwell Tube Listing: Click Here |
All Pattech Fitwell Tube IPO-related links are available here. If you want to know the details then click on Click Here Link.
Disclaimer: STOCK MARKET INVESTMENTS ARE SUBJECT TO MARKET RISKS, READ ALL SCHEME RELATED DOCUMENTS CAREFULLY BEFORE INVESTING.