CFF Fluid Control Ltd IPO
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CFF Fluid Control Ltd IPO Details
Details
Total Shares Offered | Offer to Public | Retail Max (Shares) | Pre Issue Promoters Holding | Exchange | Issue size |
---|---|---|---|---|---|
₹ 52 L | TBA | TBA | TBA | BSE | TBA |
IPO Open Date | Close Date | Lot Size | Min Investment | Issue Type | Listing Date |
30 May, 23 | 02 Jun, 23 | 800 | TBA | Fixed Price - SME | 12 Jun, 23 |
CFF Fluid Control Ltd IPO Dates
Details
Sector | Type |
---|---|
Sector | Engineering |
Sub Sector | NA |
Issue Type | Fixed Price - SME |
Subscription Status
*Values are in Lakhs
Investor Type | Subscription Times | Shares Offered* | Shares Bid* |
---|---|---|---|
QIB | 0x | 0 | 355600 |
NII | 0x | 0 | 7228600 |
Retail | 0x | 0 | 4510000 |
Employee | 0x | 0 | 0 |
Total | 2.33x | 5200000 | 12094200 |
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) | FY23 | FY22 | FY21 |
---|---|---|---|
Revenue from operations | 39.07 | 28.45 | 15.72 |
EBITDA | 45.20 | 32.90 | 17.04 |
PAT | 23.85 | 17.09 | 10.14 |
Total Assets | 160.47 | 121.89 | 61.94 |
Share Capital | 19.47 | 19.47 | 14.27 |
Total Borrowings | 59.47 | 66.59 | 38.29 |
Operating Activities (Net Cash) | 29.98 | 21.54 | 11.46 |
Investing Activities (Net Cash) | -2.14 | -8.49 | 0.00 |
Financing Activities (Net Cash) | 59.47 | 66.59 | 38.29 |
Net Cashflow | 2.60 | 17.27 | 1.58 |
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.