Mumbai, Oct. 3 -- The initial public offer of Fabtech Technologies received bids for 2,45,22,750 shares as against 1,20,60,000 shares on offer. The issue was subscribed 2.03 times.

The issue opened for bidding on 29 September 2025 and it closed on 1 October 2025. The price band of the IPO was fixed between Rs 181 and 191 per share.

The issue comprised only of fresh issue of equity shares upto 1,20,60,000 of Rs 10 each.

Of the net proceeds from fresh issue, Rs 127 crore is for funding the working capital requirement, Rs 30 crore is for pursuing inorganic growth initiatives through acquisitions, and balance for general corporate purposes.

Fabtech Technologies, promoted by Aasif Ahsan Khan, Hemant Mohan Anavkar and Aarif Ahsan Khan, spe...