The Fabtech Technologies IPO was fully subscribed on the second day of bidding, September 30. Investors submitted bids for 1,21,11,225 shares, exceeding the 1,20,60,000 shares available. The IPO is set to close on October 1, 2025, and bids must be submitted before this deadline. Valued at Rs 230 crore, the share prices range from Rs 181 to Rs 191. Subscription rates by investor type are as follows: Qualified Institutional Buyers (QIBs) at 94%, Non-Institutional Investors (NIIs) at 76%, and Retail Investors (RIIs) oversubscribed at 120%. Following the IPO’s closure, investors will await final share allotment and listing information. The robust response, particularly from retail investors, indicates strong interest in the offering.
