Pattech Fitwell Tube Components IPO Details ( Pattech Fitwell IPO Review )
(05 Apr 2023 – 12 Apr 2023)
Pattech Fitwell Tube Components Limited started its journey in 2012, and was incorporated in 2022. The company specializes in producing forging products for the non-automotive sector.
Pattech Fitwell Tube Components Limited is a leading manufacturer of forged products for the non-automotive sector. The company’s installed capacity of 14104.13 MTPA enables them to produce high-quality products such as forged flanges, specialized machined components, and welded assemblies. They utilize open die forging techniques and conduct various value-added processes, including cutting, bending, forming, drilling, polishing, painting, blasting, welding, punching, marking, testing, and packaging to create finished products.
Pattech Fitwell Tube Components Limited’s dedication to excellence is reflected in their rigorous quality control measures. They ensure that all their products meet the highest industry standards and customer requirements. The company’s extensive range of products and services are backed by their highly skilled workforce and advanced manufacturing technology. Their commitment to innovation and customer satisfaction has helped them establish a strong foothold in the industry and earn a reputation as a trusted supplier of forged products.
Our Company 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
Pattech Fitwell Tube Components Limited Company Product
- Pipe Fittings – Elbows, Tees, Reducers, Caps
- Band Pipe (Spools)
- Flanges
- Flanges with Pipe
- Structured Fabrication
- Miscllenous Fabrication Supplies
Pattech Fitwell Tube Components Limited IPO Competitive Strength
- 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
Pattech Fitwell IPO Financials Performance ( Results )
Pattech Fitwell Tube Components Limited Financial Information ( Restated )
All Amount in ₹ Lakhs
| Period Ended | Total Assets | Total Revenue | PAT | EPS (₹) | Net Worth | Reserves | Borrowing |
| 31-Mar-20 | 1,155.69 | 2,038.99 | 7.74 | – | 190.05 | 0.00 | 867.72 |
| 31-Mar-21 | 1,386.66 | 1,844.93 | -1.16 | – | 321.11 | 0.00 | 976.32 |
| 31-Mar-22 | 2,530.38 | 2,262.87 | 144.45 | – | 563.06 | 0.00 | 1,663.56 |
| 31-Aug-22 | 2,572.07 | 968.72 | 34.76 | 0.37 | 569.71 | 0.00 | 1,456.31 |
| 30-Nov-22 | 2,661.01 | 1,137.66 | 19.69 | – | 529.11 | 19.69 | 1,745.92 |
Objective of IPO Issue
- Funding our working capital requirements
- General corporate purposes
Pattech Fitwell Tube Components IPO Basic Details
| IPO Date | Apr 05, 2023 to Apr 12, 2023 |
| Listing Date | Friday, April 21, 2023 |
| Face Value | ₹10 per share |
| Price | ₹50 per share |
| Lot Size | 3000 Shares |
| Issue Size | 2,400,000 shares (aggregating up to ₹12.00 Cr) |
| Fresh Issue | 2,400,000 shares (aggregating up to ₹12.00 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | NSE SME |
| Others Shares Offered | 50% of the Offer |
| Retail Shares Offered | 50% of the Offer |
| Company Promoters | Bharatbhai Jivrajbhai Limbani And Jaysukhbhai Popatbhai Limbani |
Pattech Fitwell Tube Components IPO Timetable
Pattech Fitwell IPO will open on Apr 05, 2023 and close on Apr 12, 2023. You can join Pattech Fitwell Tube Components IPO at 10.00 A.M. to 5.00 p.m. Upto which mandate can be applied.
| Event | Date |
| Opening Date | Apr 05, 2023 |
| Closing Date | Apr 12, 2023 |
| Basis of Allotment | Apr 18, 2023 |
| Initiation of Refunds | Apr 19, 2023 |
| Credit of Shares to Demat | Apr 20, 2023 |
| Listing Date | Apr 21, 2023 |
Pattech Fitwell Tube IPO Lot Size
For retail investors in Pattech Fitwell Tube Components IPO, 3000 shares will come in 1 lot or the minimum investment will be ₹150,000. Retail-individual investors can apply for up to 1 lots or the maximum investment will be ₹150,000.
| Application | Lots | Shares | Amount |
| Retail (Min) | 1 | 3000 | ₹150,000 |
| Retail (Max) | 1 | 3000 | ₹150,000 |
| S-HNI (Min) | 2 | 6000 | ₹300,000 |
Pattech Fitwell Tube Components IPO Promoter Holding
| Pre Issue Share Holding | 100.00% |
| Post Issue Share Holding | – |
Pattech Fitwell Tube Components IPO Valuation – Nov 30, 2022
| Earning Per Share (EPS) | ₹0.37 per Equity Share |
| Price/Earning P/E Ratio | 46.73 |
| Return on Net Worth (RoNW) | 3.72% |
| Net Asset Value (NAV) | ₹9.88 per Equity Share |
| Upper Price/Book Value (Price/BV) Ratio | Coming Soon |
Pattech Fitwell Tube Components Ltd Key Performance Indicator
| KPI | Values |
| Market Cap (₹ Cr.) | 26.78 |
| P/E (x) | 46.73 |
| ROE (%) (Nov 2022) | 3.55 |
| ROCE (%) (Nov 2022) | 2.84 |
| Debt/Equity | 0.66 |
Pattech Fitwell Tube Components Ltd Peer Comparison
There are no listed companies in India that engage in a business similar to that of our Company.
Accordingly, it is not possible to provide an industry P/E ratio.
Pattech Fitwell Tube Components IPO GMP Live Update, Kostak Rate day by day
| Date | GMP | Kostak | Subject to |
| 13 April 2023 | ₹-7 | – | – |
| 12 April 2023 | ₹-6 | – | – |
| 11 April 2023 | ₹-6 | – | – |
| 10 April 2023 | ₹-5 | – | – |
| 9 April 2023 | ₹-5 | – | – |
| 8 April 2023 | ₹-4 | – | – |
| 7 April 2023 | ₹-6 | – | – |
| 6 April 2023 | ₹-5 | – | – |
| 5 April 2023 | ₹-5 | – | – |
| 4 April 2023 | ₹0 | – | – |
Pattech Fitwell IPO Detail Video:
Pattech Fitwell Tube Components IPO Subscription Status (Bidding Detail)
The Pattech Fitwell Tube Components IPO on Apr 11, 2023 at 6:16:00 PM was subscribed 1.23 times, with the retail category being subscribed 0.49 times, the NII (Non-Institutional Investor) category being subscribed 1.70 times.
| Category | Subscription |
| NII | 1.70x |
| Retail | 0.77x |
| Total | 1.23x |
Pattech Fitwell Tube Components IPO Prospectus
Pattech IPO Rating
| Our Rating | 1.0/5.0 |
Pattech Fitwell Tube Components Limited Contact Information
Registered Office: 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. / Mob No: (0265) 2830151;
Email: cs@pftcpipefittings.com
Website: https://www.pftcpipefittings.com/
Contact Person: Anita Digbijay Paul, Company Secretary & Compliance Officer
Our Promoters: Bharatbhai Jivrajbhai Limbani And Jaysukhbhai Popatbhai Limbani
Pattech Fitwell Tube Components IPO Registrar
BIGSHARE SERVICES PRIVATE LIMITED
Address: 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: ipo@bigshareonline.com
Website: www.bigshareonline.com
Contact Person: Babu Rapheal C
SEBI Registration No: INR000001385
Pattech Fitwell Tube Components IPO Lead Manager
FEDEX SECURITIES PRIVATE LIMITED
Address: B 7, 3rd Floor, Jay Chambers, Dayaldas Road, Vile Parle – [East],
Mumbai – 400 057, Maharashtra, India
Tel No.: +91 81049 85249
E-mail: mb@fedsec.in
Website: www.fedsec.in
Contact Person: Saipan Sanghvi
SEBI Registration Number: INM000010163
Investor Grievance E-Mail: mb@fedsec.in
Pattech Fitwell Tube Components IPO FAQs
What is the lot size of Pattech Fitwell Tube Components IPO?
The total size of Pattech Fitwell Tube Components IPO is ₹12.00 crore and this is a complete fresh Issue.
When will Pattech Fitwell Tube Components IPO start?
Pattech Fitwell Tube Components IPO will Open from 05 April 2023 and IPO will Close on 12 April 2023.
What is the open date of Pattech Fitwell Tube Components IPO?
Pattech Fitwell Tube Components IPO will open date from 05 April 2023.
What is the last date ( close date ) of Pattech Fitwell Tube Components IPO?
Pattech Fitwell Tube Components IPO will close from 12 April 2023.
What is the price band of Pattech Fitwell Tube Components IPO?
Pattech Fitwell Tube Components IPO Price Band is ₹50.
What is the minimum amount required to apply for Pattech Fitwell Tube Components IPO?
The minimum investment for retailers to apply for Pattech Fitwell Tube Components IPO is ₹150,000 and the maximum investment is ₹150,000.
What is going on gray market premium of Pattech Fitwell Tube Components IPO?
View gray market premium of Pattech Fitwell Tube Components IPO by Clicking Here
How much is the GMP of Pattech Fitwell Tube Components IPO?
Watch Pattech Fitwell Tube Components IPO GMP Today: Click Here
What is the allotment date of Pattech Fitwell Tube Components IPO?
The allotment date of Pattech Fitwell Tube Components IPO is 18 April 2023.
How to check allotment status in Pattech Fitwell Tube Components IPO?
To check the allotment status of Pattech Fitwell Tube Components IPO, first of all go to the registrar website by clicking here, select your bad Pattech Fitwell Tube Components 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 Pattech Fitwell Tube Components IPO?
The Listing Date of Pattech Fitwell Tube Components IPO is 21 April 2023.
How much will be the listing gain in Pattech Fitwell Tube Components IPO?
View listing gain of Pattech Fitwell Tube Components IPO by Clicking Here
How much time Pattech Fitwell Tube Components IPO is subscribed?
Total 1.23 times subscribed in Pattech Fitwell Tube Components IPO out of which 0.77 times subscription was done in retail quota, 1.70 times subscription in NII quota.
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