
Manufacturing · NSE
Incorporated in 2022, Pattech Fitwell Tube Components Limited has been operating since 2012 and specializes in manufacturing forging products for the non-automotive sector. The company has an installed capacity of 14,104.13 MTPA for producing forged flanges, complex machined components, and welded assemblies using open die forgings. It transforms raw or semi-finished materials into finished products through value-added processes such as forming, bending, drilling, cutting, inspection, polishing, painting, blasting, welding, punching, marking, testing, and packaging.
Price Band
₹50
Issue Size
₹12.00 Cr
Lot Size
3000 shares
GMP
Est. Listing
₹50
at current GMP
Subscribed
1.97x
overall
Open
5 Apr 2023
Close
12 Apr 2023
Allotment
19 Apr 2023
Refund
20 Apr 2023
Demat Credit
21 Apr 2023
Listing
21 Apr 2023
Designated Registrar: Bigshare Services Private Limited
Allotment Date
19 Apr 2023
Basis finalization
Refunds Initiate
20 Apr 2023
Mandate release
Demat Credit
21 Apr 2023
Shares in demat
Listing Debut
21 Apr 2023
Trading begins
Pattech Fitwell Tube Components Limited is bringing an initial public offering (IPO) in the Manufacturing sector with an aggregate issue size of ₹12 Crores. The shares are offered at a price band of ₹50 to ₹50 per equity share on NSE. Currently, traders and retail applicants are calculating expected listing gains and break-even points based on unofficial grey market quotations.
Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 3000 shares (approx. ₹1,50,000 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.
Allotment reconciliation will be managed by Bigshare Services Private Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2023-04-21, while un-allotted funds or UPI block mandates will be released on 2023-04-20.
Allotment records are updated in batches. If the status is not yet available, please wait a few hours until the basis of allotment is fully finalized.
Since funds are blocked under ASBA/UPI, the bank will automatically release the blocked hold on your funds upon receipt of revocation instructions from the sponsor bank.