CFF Fluid Control Limited is engaged in business of manufacturing and servicing of shipboard machinery, critical component systems and test facilities for submarines & surface ships for Defence sector.
The company also design, manufacture and service Mechanical Equipments and systems for industries like Nuclear and Clean Energy. CFF Fluid Control promoters and senior management level has experience of two decades in this industry.
CFF Fluid Control significant partnerships are tie-ups with M/s Nereides of Franceand M/s Minerva Issartel of France.
CFF Fluid Control IPO – Details
| IPO Opening Date | 30 May 2023 |
| IPO Closing Date | 02 June 2023 |
| Issue Type | Fixed Price Issue IPO |
| Issue Size | 52,00,000 Shares Worth ₹85.80 Crore Fresh Issue: 52,00,000 Shares Worth ₹85.80 Crore |
| Face Value | ₹10 per equity share |
| IPO Price | ₹165 |
| Market Lot | 800 Shares |
| Min Order | 800 Shares (1 Lot) |
| Listing At | BSE SME |
| Register | Cameo Corporate Services Limited |
| Other Shares Offered | 50% |
| Retail Shares Offered | 50% |
CFF Fluid Control IPO – Date Schedule
| IPO Open Date | 30 May 2023 |
| IPO Close Date | 02 June 2023 |
| Basis of Allotment | 07 June 2023 |
| Initiation of Refund | 08 June 2023 |
| Credit of Shares to Demat Account | 09 June 2023 |
| IPO Listing Date | 12 June 2023 |
CFF Fluid Control IPO – Lots Size & Price
| Application | Lots | Shares | Amount ( Cut-Off) |
| Retail (Minimum) | 1 | 800 | 1,32,000 |
| Retail (Maximum) | 1 | 800 | 1,32,000 |
| HNI (Minimum) | 2 | 1600 | 2,64,000 |
Competitive Strengths
- Experienced Promoter and Management Team.
- Visible growth through Robust Order Book Position.
- Strong Financial Performance.
- Technical Capabilities, registrations and empanelment.
- Focus on Navy Defense Sector.
- Long standing strategic Partnerships.
Company Promoters
- Sunil Menon
- Gautam Makkar
Object Of The Issue
- Funding Working capital requirements;
- Repayment of Loans;
- Purchase of machinery and equipment;
- Acquire Technology of “ Towed Wire Antenna (TWA)”
- General Corporate Purpose.
Company Financial
| Particulars | Total Revenue | Total Expense | Profit After Tax |
|---|---|---|---|
| 31 March 2020 | 31.96 | 30.16 | 1.33 |
| 31 March 2021 | 14.81 | 14.55 | 0.24 |
| 31 March 2022 | 47.12 | 36.68 | 7.79 |
| 31 December 2022 | 50.85 | 41.24 | 7.18 |
CFF Fluid Control IPO Promoter Holding
| Pre Issue Share Holding | 99.99% |
| Post Issue Share Holding | 73.30% |
CFF Fluid Control IPO Prospectus
Company Contact Information
| CFF Fluid Control Limited Plot No 01, Survey No 96, Kumbhivli Madap Khopoli, Khalapur, Raigarh-410203 Phone: +91-2246086806 Email: compliance@cffdefensys.com Website: www.cffdefensys.com |
CFF Fluid Control IPO Registrar
| Cameo Corporate Services Limited Phone: +91 – 44 – 40020700 Email: priya@cameoindia.com Website: www.cameoindia.com |
CFF Fluid Control IPO Lead Manager(s)
| 1. Aryaman Financial Services Limited |
CFF Fluid Control IPO FAQs
| What is CFF Fluid Control IPO? CFF Fluid Control IPO is a SME IPO. The issue is priced at ₹165 per equity share. The IPO is to be listed on BSE SME. |
| When CFF Fluid Control IPO will open? The IPO is to open on 30 May 2023 for QIB, NII and Retail Investors. |
| How to CFF Fluid Control IPO? You can apply CFF Fluid Control IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form. |
| How to Apply the CFF Fluid Control IPO through 5 Paisa? Log in to 5 Paisa Application with your credentials. Select the IPO. You will see the IPO Name “CFF Fluid Control”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with 5 Paisa. |
| How to Apply the CFF Fluid Control IPO through Edelweiss? Log in to Angle One Application with your credentials. Select the IPO. You will see the IPO Name “CFF Fluid Control”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Edelweiss. |
| What is CFF Fluid Control IPO Size? CFF Fluid Control IPO size is ₹85.80 crores. |
| What is CFF Fluid Control IPO Price Band? CFF Fluid Control IPO Price Band is ₹165. |
| What is CFF Fluid Control IPO Minimum and Maximum Lot Size? The minimum bid is 800 Shares with ₹1,32,000 amount while the maximum bid is 800 shares with ₹1,32,000. |
| What is the CFF Fluid Control IPO Allotment Date? CFF Fluid Control IPO allotment date is 07 June 2023. |
| What is the CFF Fluid Control IPO Listing Date? CFF Fluid Control IPO listing date is 12 June 2023. The IPO is to list on BSE SME. |
