CFF Fluid Control IPO Details | GMP, Date, Price, Review

CFF Fluid Control IPO Details CFF Fluid Control IPO GMP, CFF Fluid Control Limited IPO Date, CFF Fluid IPO Price, CFF IPO Review, CFF Fluid Control IPO Allotment

Table of Contents

CFF Fluid Control IPO Details ( CFF Fluid Control Limited IPO Review )

(30 May 2023 – 02 June 2023)

Established in 2012, CFF Fluid Control Limited specializes in the manufacturing and servicing of shipboard machinery. Their core focus lies in producing crucial component systems and test facilities specifically designed for submarines and surface ships operated by The Indian Navy.

Additionally, the company is involved in the design, manufacturing, and servicing of mechanical equipment and systems for various industries, including nuclear and clean energy sectors.

The company’s promoters and affiliated group companies possess over two decades of experience in the defense manufacturing domain.

CFF Fluid Control was established with the specific objective of creating a dedicated entity to cater to the increasing needs of the Indian Navy, Mazagon Dockyard (MDL), and Shipbuilders Limited. The company’s primary mission was to manufacture and supply mechanical equipment for India’s “Scorpene” Submarine Program.

The company’s facilities are strategically located in Khopoli, encompassing an area of 6,000 square meters. These state-of-the-art facilities are equipped with cutting-edge machinery and comprehensive testing capabilities. Within this facility, the company undertakes the entire process of design, manufacturing, and servicing of its products.

The company’s servicing capabilities encompass a wide range of areas, including 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. These services are provided for both submarines and surface ships utilized by the Indian Navy and its original equipment manufacturers (OEMs).

The facility holds approval from the Indian Navy, Mazagon Dockyard Limited (MDL), and Naval Group (France). It meets their stringent requirements and standards. Furthermore, the facility is certified with ISO 9001:2015, signifying its adherence to quality management systems.

CFF Fluid Control Limited IPO Competitive Strength

  • Experienced Promoter and Management Team
  • Visible growth through Robust Order Book Position
  • Strong Financial Performance
  • Technical Capabilities, registrations and empanelments
  • Focus on Navy Defence Sector
  • Long standing strategic Partnerships

CFF Fluid Control IPO Financials Performance ( Results )

CFF Fluid Control Limited Financial Information ( Restated )

All Amount in ₹ Lakhs

Period EndedTotal AssetsTotal RevenuePATEPS
Net WorthNAV

Objective of IPO Issue

  • Funding Working capital requirements
  • Repayment of Loans
  • Purchase of machinery and equipment
  • Acquire Technology of ” Towed Wire Antenna (TWA)”
  • General Corporate Purpose

CFF Fluid Control IPO Basic Details

IPO DateMay 30, 2023 to Jun 2, 2023
Listing DateMonday, 12 June 2023
Face Value₹10 per share
Price₹165 per share
Lot Size800 Shares
Issue Size5,200,000 shares
(aggregating up to ₹85.80 Cr)
Fresh Issue5,200,000 shares
(aggregating up to ₹85.80 Cr)
Issue TypeBook Built Issue IPO
Listing AtBSE SME
Share holding pre issue14,274,100
Share holding post issue19,474,100
Company PromotersSunil Menon And Gautam Makkar

CFF Fluid Control IPO Reservation

Other Shares Offered50% of the Net Issue
Retail Shares Offered50% of the Net Issue

CFF Fluid Control IPO Timetable

CFF Fluid Control IPO will open on May 30, 2023 and close on June 02, 2023. You can join CFF Fluid Control IPO at 10.00 A.M. to 5.00 p.m. Upto which mandate can be applied.

Opening Date30 May 2023 (Tuesday)
Closing Date2 June 2023 (Friday)
Basis of Allotment7 June 2023 (Wednesday)
Initiation of Refunds8 June 2023 (Thursday)
Credit of Shares to Demat9 June 2023 (Friday)
Listing Date12 June 2023 (Monday)
Deadline for Confirming UPI mandate5 PM on 2 June 2023 (Friday)

CFF Fluid Control IPO Lot Size

For retail investors in CFF Fluid Control IPO, 800 shares will come in 1 lot or the minimum investment will be ₹132,000. Retail-individual investors can apply for up to 1 lots or the maximum investment will be ₹132,000.

Retail (Min)1800₹132,000
Retail (Max)1800₹132,000
S-HNI (Min)21600₹264,000

CFF Fluid Control IPO Promoter Holding

Pre Issue Share Holding99.99%
Post Issue Share Holding73.30%

CFF Fluid Control IPO Valuation – FY2022

Earning Per Share (EPS)₹5.46 per Equity Share
Price/Earning P/E Ratio30.22
Return on Net Worth (RoNW)52.51
Net Asset Value (NAV)₹208.12 per Equity Share
Upper Price/Book Value (Price/BV) RatioComing Soon

CFF Fluid Control Ltd Key Performance Indicator

Market Cap (₹ Cr.)235.52
P/E (x)30.22
ROE (%)Coming Soon
ROCE (%)36.81

CFF Fluid Control Ltd Peer Comparison

Company NameConsolidated/
CFF Fluid
Control Limited
Peer Group
Data Patterns
(India) Limited
Paras Defence
and Space
Electronics Ltd

CFF Fluid Control IPO GMP Live Update, Kostak Rate day by day

DateGMPKostakSubject to
12 June 2023₹6
11 June 2023₹6
10 June 2023₹4
9 June 2023₹3
8 June 2023₹2
7 June 2023₹0
6 June 2023₹1
5 June 2023₹2
4 June 2023₹3
3 June 2023₹3
2 June 2023₹4
1 June 2023₹4
31 May 2023₹8
30 May 2023₹7
29 May 2023₹9
28 May 2023₹0

CFF Fluid Control IPO Detail Video:

CFF Fluid Control IPO Subscription Status (Bidding Detail)

The CFF Fluid Control IPO on June 2, 2023 at 7:29:00 PM was subscribed 2.15 times, with the retail category being subscribed 1.67 times, the other category being subscribed 2.58 times,


CFF Fluid Control IPO Prospectus

CFF Fluid Control IPO DRHPDownload
CFF Fluid Control IPO RHPDownload

CFF Fluid Control IPO Rating

Our Rating2.0/5.0

CFF Fluid Control Company Contact Information

CFF Fluid Control Limited

Registered Office: Plot No 01, Survey No 96,
Kumbhivli Madap Khopoli,
Khalapur, Raigarh-410203
Corporate Office: 503, Delphi, A Wing, Orchard Avenue,
Hiranandani Business Park, Powai, Mumbai-400076
Tel No.: +91 – 22 – 40021599
Contact Person: Sonika Mehta, Company Secretary and Compliance Officer.
Our Promoters: Sunil Menon And Gautam Makkar

CFF Fluid Control IPO Registrar

Cameo Corporate Services Limited

Registered Office: Subramanian Building, No. 1, Club House Road,
Chennai – 600 002.
Tel.: +91 – 44 – 40020700 (5 Lines)
Investor Grievance Email:
Contact Person: K. Sreepriya
SEBI Registration. No.: INR 000003753

CFF Fluid Control IPO Lead Manager

Aryaman Financial Services Limited

Registered Office: 60, Khatau Building, Ground Floor,
Alkesh Dinesh Modi Marg, Fort,
Mumbai – 400 001.
Tel: +91 – 22 – 6216 6999
Investor Grievance Email:
Contact Person: Jigar Bhanushali / Harsha Lohia
SEBI Registration No.: INM000011344

CFF Fluid Control IPO FAQs

What is the lot size of CFF Fluid Control IPO?

The total size of CFF Fluid Control IPO is ₹85.80 crores and this is a complete fresh Issue.

When will CFF Fluid Control IPO start?

CFF Fluid Control IPO will open from 30 May 2023 and IPO will close on 02 June 2023.

What is the open date of CFF Fluid Control IPO?

CFF Fluid Control IPO will open date from 30 May 2023.

What is the last date ( close date ) of CFF Fluid Control IPO?

CFF Fluid Control IPO will close from 02 June 2023.

What is the price band of CFF Fluid Control IPO?

CFF Fluid Control IPO price band is ₹165.

What is the minimum amount required to apply for CFF Fluid Control IPO?

The minimum investment for retailers to apply for CFF Fluid Control IPO is ₹132,000 and the maximum investment is ₹132,000.

What is going on gray market premium of CFF Fluid Control IPO?

View gray market premium of CFF Fluid Control IPO by Clicking Here

How much is the GMP of CFF Fluid Control IPO?

Watch CFF Fluid Control IPO GMP Today: Click Here

What is the allotment date of CFF Fluid Control IPO?

The Allotment Date of CFF Fluid Control IPO is 07 June 2023.

How to check allotment status in CFF Fluid Control IPO?

To check the allotment status of CFF Fluid Control IPO, first of all go to the registrar website by clicking here, select your bad CFF Fluid Control IPO name or enter your bad application number, PAN number or client ID and click on submit. ( Video Link )

What is the listing date of CFF Fluid Control IPO?

The Listing Date of CFF Fluid Control IPO is 12 June 2023.

How much will be the listing gain in CFF Fluid Control IPO?

View listing gain of CFF Fluid Control IPO by Clicking Here

How much time CFF Fluid Control IPO is subscribed?

Total 2.15 times subscribed in CFF Fluid Control IPO out of which 1.67 times subscription was done in retail quota, 2.58 times subscription in other quota.

How to apply for CFF Fluid Control IPO from Upstox?

Click Here to see how to apply for CFF Fluid Control IPO from Upstox. (step by step)

How to apply for CFF Fluid Control IPO from Zerodha?

Click Here to see how to apply for CFF Fluid Control IPO from Zerodha. (step by step)

How to apply for CFF Fluid Control IPO from Angle One?

Click Here to see how to apply for CFF Fluid Control IPO from Angle One. (step by step)

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