Pattech Fitwell Tube Components Limited is engaged in manufacturing of pipe fittings, flanges and various types of forgings and machined components as well as pipe spools and fabrication works for various industries like fertilizers, petrochemical, power, chemical & pharmaceutical, food processing, oil & gas, desalination & water treatment, ship building, defense, fabrication of process equipments, instrumentation etc.
The company is manufacturer of forging products for the non-automotive sector. Pattech Fitwell Tube Components 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.
Pattech Fitwell Tube Components converts semifinished / raw products to finished products by carrying company’s value-added process such as forming, bending, drilling, cutting, inspection, polishing, painting, blasting, welding, punching, marking, testing and packaging.
As on December 31, 2022, the company’s overall staff strength is 9 employees including skilled and unskilled labour, administrative staff and management team.
Pattech Fitwell Tube Components is ISO 9001:2015, ISO 14001:2015, ISO 45001:2018, certified by Quality Control Certification (QCC) and holding accreditation from UASL, England, UK.
Pattech Fitwell Tube Components IPO – Details
| IPO Opening Date | 05 April 2023 |
| IPO Closing Date | 12 April 2023 |
| Issue Type | Fixed Price Issue IPO |
| Issue Size | 24,00,000 Shares Worth ₹12.00 Crore Fresh Issue: 24,00,000 Shares Worth ₹12.00 Crore |
| Face Value | ₹10 per equity share |
| IPO Price | ₹50 |
| Market Lot | 3000 Shares |
| Min Order | 3000 Shares |
| Listing At | NSE SME |
| Register | Bigshare Services Pvt Ltd |
| Retail Shares Offered | 50% |
| NII (HNI) Shares Offered | 50% |
Pattech Fitwell Tube Components IPO – Date Schedule
| IPO Open Date | 05 April 2023 |
| IPO Close Date | 12 April 2023 |
| Basis of Allotment | 18 April 2023 |
| Initiation of Refunds | 19 April 2023 |
| Credit of Shares to Demat Account | 20 April 2023 |
| IPO Listing Date | 21 April 2023 |
Pattech Fitwell Tube Components IPO – Lots Size & Price
| Application | Lots | Shares | Amount ( Cut-Off) |
| Minimum | 1 | 3000 | 1,50,000 |
| Maximum | 1 | 3000 | 1,50,000 |
Competitive Strengths
- Diversified Product portfolio;
- Experienced Management & Promoters;
- Healthy financial condition.
Company Promoters
- Bharatbhai Jivrajbhai Limbani
- Jaysukhbhai Popatbhai Limbani.
Object Of The Issue
- Funding our working capital requirements.
- General Corporate Purposes.
Company Financial
| Particulars | Total Revenue | Total Expense | Profit After Tax |
|---|---|---|---|
| 31 March 2020 | 20.38 | 20.25 | 0.07 |
| 31 March 2021 | 18.44 | 18.48 | 0.01 |
| 31 March 2022 | 22.62 | 20.69 | 1.44 |
| 30 November 2022 | 21.06 | 20.30 | 0.54 |
Pattech Fitwell Tube Components IPO Promoter Holding
| Pre Issue Share Holding | 100.00% |
| Post Issue Share Holding |
Pattech Fitwell Tube Components IPO Prospectus
Company Contact Information
| 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 Email: cs@pftcpipefittings.com Website: https://www.pftcpipefittings.com/ |
Pattech Fitwell Tube Components IPO Registrar
| Bigshare Services Pvt Ltd Phone: +91-22-6263 8200 Email: ipo@bigshareonline.com Website: https://www.bigshareonline.com/ |
Pattech Fitwell Tube Components IPO Lead Manager(s)
| 1. Fedex Securities Private Limited |
Pattech Fitwell Tube Components IPO FAQs
| What is Pattech Fitwell Tube Components IPO? Pattech Fitwell Tube Components IPO is a SME IPO. The issue is priced at ₹50 per equity share. The IPO is to be listed on NSE SME. |
| When Pattech Fitwell Tube Components IPO will open? The IPO is to open on 05 April 2023 for NII and Retail Investors. |
| What is Pattech Fitwell Tube Components IPO Investors Portion? The investors portion for NII-50%, and Retail-50%. |
| How to Pattech Fitwell Tube Components IPO? You can apply Pattech Fitwell Tube Components 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 Pattech Fitwell Tube Components IPO through 5 Paisa? Log in to 5 Paisa Application with your credentials. Select the IPO. You will see the IPO Name “Pattech Fitwell Tube Components”. 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 Pattech Fitwell Tube Components IPO through Edelweiss? Log in to Angle One Application with your credentials. Select the IPO. You will see the IPO Name “Pattech Fitwell Tube Components”. 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 Pattech Fitwell Tube Components IPO Size? Pattech Fitwell Tube Components IPO size is ₹12.00 crores. |
| What is Pattech Fitwell Tube Components IPO Price Band? Pattech Fitwell Tube Components IPO Price Band is ₹50. |
| What is Pattech Fitwell Tube Components 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. |
| What is the Pattech Fitwell Tube Components IPO Allotment Date? Pattech Fitwell Tube Components IPO allotment date is 18 April 2023. |
| What is the Pattech Fitwell Tube Components IPO Listing Date? Pattech Fitwell Tube Components IPO listing date is 21 April 2023. The IPO is to list on NSE SME. |
