Fabtech Technologies Cleanrooms IPO Day 3: Check price band, subscription status, GMP & other details
Live MintFabtech Technologies Cleanrooms IPO: The initial public offering of Fabtech Technologies Cleanrooms kicked off for subscription on Friday, January 3 and closed on Tuesday, January 7. Fabtech Technologies Cleanrooms IPO Objective The company plans to use the funds raised via the initial share sale for meeting long-term working capital needs, acquisition of equity shares of Kelvin Air Conditioning and Ventilation Systems Private Limited, and general corporate purposes. Fabtech Technologies Cleanrooms IPO GMP The current grey market trends signal a strong demand for Fabtech Technologies Cleanrooms shares. Fabtech Technologies Cleanrooms IPO GMP today is ₹80, suggesting that the company shares are trading at a premium of ₹50 over the IPO price of ₹85.