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CFF Fluid Control Ltd

CFF Fluid Control Ltd

BSE SME · SME IPO
Listed BSE SME SME Live Chart
Issue Price
₹165
₹165
GMP (Grey Market)
NIL
Unofficial data only
Est. Listing Price
₹165
Based on GMP
Min. Investment
₹132,000
1 lot × 800 shares
Subscribed
1.00x
Over-subscribed
IPO Details
Open Date
30 May 2023
Close Date
02 Jun 2023
Allotment
07 Jun 2023
Listing Date
12 Jun 2023
Exchange
BSE SME
Price Band
₹165
Listing Price
See chart
Allotment Status
Price Band
₹165
Per share
Face Value
₹10 per share
 
Lot Size
800 Shares
per lot
Issue Size
52,00,000 shares (aggregating up to ₹85.80 Cr)
Total offering
Issue Type
Fixed Price IPO
 
Min Investment
₹132,000
1 lot
Pre-IPO Holding
1,42,74,100 shares
Promoters
Post-IPO Holding
1,94,74,100 shares
Promoters
P/E (Pre)
30.22x
 
EPS (Pre)
₹5.46
 
UPI Deadline
2023-06-02
Mandate
Anchor AllotmentMon, 29 May 2023
Basis of AllotmentWed, 07 Jun 2023
Refund InitiationThu, 08 Jun 2023
Demat CreditFri, 09 Jun 2023
Listing DayMon, 12 Jun 2023
UPI Mandate Deadline2023-06-02
Sale TypeFresh Capital
Net Offer to Public49,39,200 shares (aggregating up to ₹81.50 Cr)
Market Maker Quota2,60,800 shares (aggregating up to ₹4.30 Cr)
QIB Quota50% of Net Issue
HNI / NII Quota15% of Net Issue
Retail Quota35% of Net Issue
Check AllotmentClick here →
Subscription Rate Final
CFF Fluid Control Ltd IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 02 Jun 2023.
QIB
1.00x
Over
NII/HNI
1.00x
Over
Retail
1.00x
Over
Total
1.00x
Over
Category Subscription Shares Offered % of Total Amount (₹Cr)
Market Maker
Awaited
260,800
₹4.30
QIB
Over 1.00x
NII / HNI
Over 1.00x
Retail
Over 1.00x
Total 1.00x
5,200,000
100% ₹85.80
IPO Shares Offered
CFF Fluid Control Ltd IPO total issue size: ₹85.80 Cr.
CategoryShares OfferedAmount (₹Cr)Size (%)
Market Maker 260,800 ₹4.30
5.02%
Total 5,200,000 ₹85.80
100.00%
* Based on upper price band ₹165 per share
Lot Size & Investment
Lot Size
800
Shares per Lot
Issue Price
₹165.00
Upper Band
Min Investment
₹132,000
1 Lot
ApplicationLotsSharesAmount
Retail (Min — 2 Lots)21,600₹264,000
Retail (Max — 13 Lots)1310,400₹1,716,000
S-HNI (Min — 14 Lots)1411,200₹1,848,000
B-HNI (Min — 68 Lots)6854,400₹8,976,000
* Issue Price ₹165 × Lot Size 800 shares
IPO Schedule
Anchor
29 May 2023
✓ Done
IPO Open
30 May 2023
✓ Done
IPO Close
02 Jun 2023
✓ Done
Allotment
07 Jun 2023
✓ Done
Refunds
08 Jun 2023
✓ Done
Demat Credit
09 Jun 2023
✓ Done
Listing Day
12 Jun 2023
✓ Done
CFF Fluid Control Ltd — Live Price LIVE
₹165.00
INR · BSE
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Issue ₹165.00 Live Price
About CFF Fluid Control Ltd
Incorporated in 2012, CFF Fluid Control Limited is primarily engaged in the business of manufacturing and servicing of shipboard machinery. They manufacture critical component systems and test facilities for submarines and surface ships for The Indian Navy.The entity also designs, manufacture, and service Mechanical equipment and systems for industries like Nuclear and Clean Energy.The Company's promoters and group companies have been in the defense manufacturing space for more than 20 years.CFF Fluid Control was incorporated with the purpose of having a dedicated new entity focused on meeting the growing requirements of the Indian Navy, Mazagaon Dockyard, and Shipbuilders Limited (MDL). This was to undertake the manufacturing and supplying of mechanical equipment for the "Scorpene" Submarine Program of India.The company's facilities are situated at Khopoli. The facility is spread over 6,000 sq. mtrs. and has all the relevant state-of-the-art machinery and testing facilities. At the facility, the company design, manufacture, and service.Servicing includes 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 for submarines and surface ships for the Indian Navy and its OEMs.The facility is Indian Navy, MDL & Naval Group (France) approved and has ISO 9001:2015 certification for quality management systems.
Objects of the Issue
1
Funding Working capital requirements
2
Repayment of Loans
3
Purchase of machinery and equipment
4
Acquire Technology of “ Towed Wire Antenna (TWA)
5
General Corporate Purpose
CFF Fluid Control Ltd Financials (Amount in ₹ Lakhs)
Revenue from Operations
₹1,481.3
31-Mar-21
₹4,712.4
31-Mar-22
₹5,085.4
31-Dec-22
Profit After Tax (PAT)
₹24.6
31-Mar-21
₹779.5
31-Mar-22
₹718.1
31-Dec-22
Particulars31-Dec-2231-Mar-2231-Mar-21
Revenue from Operations 5085.37 4712.39 1481.27
EBITDA N/A N/A N/A
Profit After Tax (PAT) 718.11 779.51 24.60
Net Worth 2201.33 1483.22 703.71
Total Assets 7165.57 5593.59 4232.32
Reserves & Surplus 773.92 1411.85 632.34
Borrowings 2693.09 1659.17 2261.21
EBITDA Margin (%) N/A
PAT Margin (%) N/A
RoE
0.52%
RoCE
0.31%
RoNW
52.56%
Debt/Equity
1.22
Issue Structure & Shareholding
Total Shares Offered52,00,000 (100.00%)
Net Offer to Public49,39,200 shares (aggregating up to ₹81.50 Cr)
Reserved for Market Maker2,60,800 shares (aggregating up to ₹4.30 Cr)
Pre-Issue Promoter Holding1,42,74,100 shares
Post-Issue Promoter Holding1,94,74,100 shares
P/BV RatioN/A
RoE0.52%
RoCE0.31%
Debt / Equity1.22
Script CodeN/A
Registrar & Lead Managers
Book Running Lead Managers
Aryaman Financial Services Ltd
GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.
IPO Subscription FAQs
How much CFF Fluid Control Ltd IPO subscribed?

CFF Fluid Control Ltd IPO is subscribed 1.00 times by Jun 02, 2023. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor CategorySubscription
Qualified Institutional (QIB)1.00x
Non Institutional (NII/HNI)1.00x
Retail Individual1.00x
Total Subscription1.00x
What is CFF Fluid Control Ltd IPO retail subscription status?

The CFF Fluid Control Ltd IPO retail category is subscribed 1.00 times as of 02 Jun 2023. The retail portion is oversubscribed.

How to subscribe CFF Fluid Control Ltd IPO?

Subscribe via your broker app using ASBA or UPI. Opens 30 May 2023 and closes 02 Jun 2023. Min investment: ₹132,000 (1 lot = 800 shares). UPI mandate: 2023-06-02.

How many times CFF Fluid Control Ltd IPO subscribed?

The CFF Fluid Control Ltd IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check CFF Fluid Control Ltd IPO allotment?

Check allotment on the registrar website (Cameo Corporate Services Ltd) at https://ipo.cameoindia.com/. Enter your PAN, application number or DP/Client ID. Allotment date: 07 Jun 2023. Refunds: on 08 Jun 2023.

When CFF Fluid Control Ltd IPO will be listed?

The CFF Fluid Control Ltd IPO listing date is 12 Jun 2023, Monday. Listed on: BSE SME. Issue price: ₹165. Estimated listing: ₹165. GMP: NIL.

When CFF Fluid Control Ltd IPO close?

The CFF Fluid Control Ltd IPO closes on 02 Jun 2023, Friday. UPI mandate: 2023-06-02. Allotment: 07 Jun 2023. Listing: 12 Jun 2023.