Pattech Fitwell Tube Components Limited
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Pattech Fitwell Tube Components Limited's achieved publicly listed status following its IPO debut on Apr 21, 2023 at the NSE platform. The offering successfully mobilized 24,00,000 Shares, with 24,00,000 Shares allocated to corporate growth initiatives.
Investment participation occurred within the established price band of ₹50 to ₹50, starting from minimum lots of 3000 shares. The subscription window from Apr 05, 2023 through Apr 12, 2023 enabled investor participation across market segments.
Share allocation was completed on Apr 19, 2023, determining ownership distribution among successful applicants. The listing represents a milestone achievement, transitioning the company to regulated public market status with associated responsibilities and opportunities.
Investors can bid starting from the minimum lot size specified for this IPO, and only in multiples of that lot size. The table below shows the minimum and maximum investment for retail investors and HNIs in terms of lots, quantity, and amount.
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.
Note : "Calculations for ‘Shares Offered’ and ‘Total Amount’ are based on the highest price in the issue price band."
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- Bharatbhai Jivrajbhai Limbani
- Jaysukhbhai Popatbhai Limbani
Pattech Fitwell Tube Components Limited
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