
✓
Open
30 May to 2 Jun, 2023
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Close
30 May to 2 Jun, 2023
3
Allotment
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Listing
Mon, Jun 12, 2023
Price Band
₹165 per share
Issue Size
52,00,000 shares (agg. up to ₹86 Cr)
Lot Size
800 Shares
Listing Date
Mon, Jun 12, 2023
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 2.00x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Dec 2022 | 31 Mar 2022 | 31 Mar 2021 | 31 Mar 2020 |
|---|---|---|---|---|
| Assets | 71.66 | 55.94 | 42.32 | 43.10 |
| Total Income | 50.85 | 47.12 | 14.81 | 31.96 |
| Profit After Tax | 7.18 | 7.80 | 0.25 | 1.33 |
| NET Worth | 22.01 | 14.83 | 7.04 | 6.79 |
| Reserves and Surplus | 7.74 | 14.12 | 6.32 | 6.08 |
| Total Borrowing | 26.93 | 16.59 | 22.61 | 14.33 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| DCX Systems Ltd. | Mainboard | ₹500.00 Cr | ₹207 | 90 | ₹308.80 | +49.18% | ₹190.64 (-1.24%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Funding Working capital requirements | 29.42 |
| 2 | Repayment of Loans | 21.00 |
| 3 | Purchase of machinery and equipment | 8.86 |
| 4 | Acquire Technology of “ Towed Wire Antenna (TWA) | 8.50 |
| 5 | General Corporate Purpose | 16.71 |
About CFF Fluid Control IPO
Incorporated in 2012, CFF Fluid Control Limited is primarily engaged in the business of manufacturing and servicing of shipboard machinery. They manufacture critical component systems and test facilities for submarines and surface ships for The Indian Navy. The entity also designs, manufacture, and service Mechanical equipment and systems for industries like Nuclear and Clean Energy. The Company's promoters and group companies have been in the defense manufacturing space for more than 20 years. CFF Fluid Control was incorporated with the purpose of having a dedicated new entity focused on meeting the growing requirements of the Indian Navy, Mazagaon Dockyard, and Shipbuilders Limited (MDL). This was to undertake the manufacturing and supplying of mechanical equipment for the "Scorpene" Submarine Program of India. The company's facilities are situated at Khopoli. The facility is spread over 6,000 sq. mtrs. and has all the relevant state-of-the-art machinery and testing facilities. At the facility, the company design, manufacture, and service. Servicing includes fluid control systems, distributor and air panels Weapons and Control Systems, Steering gear, Propulsion Systems, High-Pres
Contact Details
CFF Fluid Control Ltd. AddressPlot No 01, Survey No 96Kumbhivli Madap KhopoliKhalapurRaigarh, Maharashtra, 410203+91-2246086806compliance@cffdefensys.comVisit Website