CFF Fluid Control Ltd IPO

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50years

CFF Fluid Control Ltd IPO Details

Details

Total Shares OfferedOffer to PublicRetail Max (Shares)Pre Issue Promoters HoldingExchangeIssue size
₹ 52 LTBATBATBABSETBA
IPO Open DateClose DateLot SizeMin InvestmentIssue TypeListing Date
30 May, 2302 Jun, 23800 TBA Fixed Price - SME12 Jun, 23

CFF Fluid Control Ltd IPO Dates

  • 30 May 2023

    Opening date

  • 02 Jun 2023

    Closing date

  • 07 Jun 2023

    Basis of
    Allotment

  • 08 Jun 2023

    Initiation of
    Refunds

  • 09 Jun 2023

    Credit of
    Shares

  • 12 Jun 2023

    Listing date

Details

SectorType
SectorEngineering
Sub SectorNA
Issue TypeFixed Price - SME

Subscription Status

*Values are in Lakhs

Investor TypeSubscription TimesShares Offered*Shares Bid*
QIB0x0355600
NII0x07228600
Retail0x04510000
Employee0x00
Total2.33x520000012094200

Subscription Status

Investor Type

QIB

NII

Retail

Employee

Total

*Values are in Lakhs

CFF Fluid Control Ltd Financial Status

Income Statement

Balance Sheet

Particulars (in Rs. Crores)FY23FY22FY21
Revenue from operations39.0728.4515.72
EBITDA45.2032.9017.04
PAT23.8517.0910.14
Total Assets160.47121.8961.94
Share Capital19.4719.4714.27
Total Borrowings59.4766.5938.29
Operating Activities (Net Cash)29.9821.5411.46
Investing Activities (Net Cash)-2.14-8.490.00
Financing Activities (Net Cash)59.4766.5938.29
Net Cashflow2.6017.271.58

Particulars (in Rs. Crores)

Revenue from operations

EBITDA

PAT

Total Assets

Share Capital

Total Borrowings

Operating Activities (Net Cash)

Investing Activities (Net Cash)

Financing Activities (Net Cash)

Net Cashflow

About CFF Fluid Control Ltd

Peer Comparison:

  • Data Patterns (India) Ltd
  • MTAR Technologies Ltd
  • Paras Defence and Space Technologies Ltd
  • Bharat Electronics Ltd

CFF Fluid Control Ltd IPO Key Points

Strengths

  • Visible growth through Robust Order Book Position and Strong financial position.
  • High entry barriers in defence manufacturing sector.
  • Focus on Navy Defence Sector and strategic partnership with vendors for technological advancement.
  • Experienced Promoters and Management Team.

Risk

  • The Company, Group Companies, Promoters and Directors are parties to certain legal proceedings. Any adverse decision in such proceedings may have a material adverse effect on its business, results of operations and financial condition.
  • The company require certain approvals and licenses in the ordinary course of business and are required to comply with certain rules and regulations to operate its business, and the failure to obtain, retain and renew such approvals and licenses or comply with such rules and regulations, and the failure to obtain or retain them in a timely manner or at all may adversely affect its operations.
  • The company derives majority of its revenue from contracts with Indian Navy and associated Defence sectors. Loss of order book, contracts, and change in their requirement or fall in budget will have material adverse effect on its business, financial condition and result of operation.

Strategy

  • Maintain a well-funded balance sheet for ensuring high working capital requirements are met.
  • Penetrate deeper in the Defence Industry to increase market position and market share.
  • Continue to improve operating efficiencies and deploy new technologies.
  • Visible growth through Robust Order Book Position and Strong financial position.
  • High entry barriers in defence manufacturing sector.
  • Focus on Navy Defence Sector and strategic partnership with vendors for technological advancement.
  • Experienced Promoters and Management Team.

How To Apply for CFF Fluid Control Ltd IPO Online?

Step 1:

Log in to the BlinkX stock market app and click ‘IPO’ in the Xplore section.

Step 2:

From the list of open IPOs, select the IPO you want to invest.

Step 3:

Go through the IPO details like lot size, price band, about the company, etc.

Step 4:

Click ‘Apply IPO’ to apply and enter the number of lots and bidding price along with your UPI ID.

Step 5:

Confirm your bid and accept the payment mandate sent to your UPI App for completing the IPO application.

Get your FAQs right

CFF Fluid Control Ltd's IPO offers shares for up to ₹ 0 L It begins on May 30, 2023 and ends on Jun 2, 2023.

The price of CFF Fluid Control Ltd IPO ranges between NA to NA per share.

The CFF Fluid Control Ltd IPO opens on May 30, 2023 and closes on Jun 2, 2023.

The allotment for the CFF Fluid Control Ltd IPO will be finalised on Jun 7, 2023. The shares will be listed on BSE and NSE on Jun 12, 2023.

The minimum lot size for CFF Fluid Control Ltd IPO is 800 shares, priced between NA to NA per share.

The GMP (Grey Market Premium) of CFF Fluid Control Ltd IPO fluctuates based on market demand and sentiment.

To check the allotment status of CFF Fluid Control Ltd IPO, visit the registrar's website, select the IPO, enter your PAN Card number, Application Number, or DP Client ID, and click 'search.'

The CFF Fluid Control Ltd IPO is getting listed on the BSE and NSE. Bidding opens on May 30, 2023, and closes on Jun 2, 2023. The allotment is finalised on Jun 7, 2023.

To apply for the CFF Fluid Control Ltd IPO, download the BlinkX app, complete KYC, select the IPO, enter bid details, and submit. Verify UPI payment for shares allotment.