Fabtech Technologies IPO Allotment Update
Exciting news for Fabtech Technologies IPO applicants! The much-anticipated share allotment is set to be finalized today, Friday, October 3. If you threw your hat in the ring between September 29 and October 1, this is the day you’ve been waiting for.
Wondering what happens next? On October 6, Fabtech will officially credit the shares to the demat accounts of the lucky successful applicants. So, keep an eye on your account, you might just see your investment come to life!
But what if luck wasn’t on your side this time? No worries. Refunds for those who didn’t get an allotment will also be processed on October 6. So, no money gets left behind!
Stay tuned and get ready to check your status. It’s almost time to find out if Fabtech shares will be your next big win.
Fabtech Technologies IPO Listing Details
The stocks of Fabtech Technologies IPO will be introduced into the stock market in the near future. The company’s IPO shares will be listed on the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE). Mark your calendar as the tentative listing date is October 7.
This means that investors who secured their allotment will soon be able to trade their Fabtech shares on these popular exchanges. Keep an eye on the market next week to see how Fabtech Technologies IPO performs once it officially hits the trading floors.
Fabtech Technologies IPO Subscription Details:
- The IPO received a 2.03 times overall subscription by the third day of bidding.
- Retail portion: Subscribed 2.08 times
- Non-Institutional Investors (NII): Subscribed 1.97 times
- Qualified Institutional Buyers (QIBs): Subscribed 2.02 times
- Employee quota: Subscribed 2.01 times
Fabtech Technologies IPO Grey Market Premium (GMP).
Its existing Grey Market Premium (GMP) is 0 in the Fabtech Technologies IPO. It implies that the shares are reaching the actual price of ₹191 at which they were being issued, and no extra premium or discount, as per investorgain.com. The GMP has been declining in the past eight sessions, and analysts predict that it could fall further. Previously, the GMP has fluctuated between ₹0 and ₹35.
To laypersons, the term Grey Market Premium represents the extent to which investors are ready to pay a premium over the official issue price. Higher GMP typically indicates high demand, whereas a zero or negative GMP indicates lack of strength. At this time, the GMP is showing stable demand at the issue price.
How to Check Fabtech Technologies IPO Allotment Status
On NSE:
- Visit the NSE website and go to ‘Home’.
- Click on ‘Verify IPO Bid/Allotment Details’.
- Select ‘Equity & SME IPO bid details’.
- Choose ‘Fabtech’ in IPO name, enter your PAN number and application number.
- Click ‘Submit’.
On BSE:
- Open the BSE website and navigate to ‘Status of Issue Application’.
- Select ‘Equity’ as issue type.
- Enter the issue name, application number, or PAN number.
- Click ‘Submit’.
On Bigshare Services:
- Visit the registrar’s website.
- Select the company and choose either PAN number or application number.
- Enter the Captcha code.
- Click ‘Submit’.
Aishwarya is a journalism graduate with over three years of experience thriving in the buzzing corporate media world. She’s got a knack for decoding business news, tracking the twists and turns of the stock market, covering the masala of the entertainment world, and sometimes her stories come with just the right sprinkle of political commentary. She has worked with several organizations, interned at ZEE and gained professional skills at TV9 and News24, And now is learning and writing at NewsX, she’s no stranger to the newsroom hustle. Her storytelling style is fast-paced, creative, and perfectly tailored to connect with both the platform and its audience. Moto: Approaching every story from the reader’s point of view, backing up her insights with solid facts.
Always bold with her opinions, she also never misses the chance to weave in expert voices, keeping things balanced and insightful. In short, Aishwarya brings a fresh, sharp, and fact-driven voice to every story she touches.
