← IPO Calendar

CFF Fluid Control IPO IPO

SME30 May to 2 Jun, 202330 May to 2 Jun, 2023
Open
30 May to 2 Jun, 2023
Close
30 May to 2 Jun, 2023
3
Allotment
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

CategorySubscription (times)
Total2.00x

Restated Financials (₹ Cr.)

Period Ended31 Dec 202231 Mar 202231 Mar 202131 Mar 2020
Assets71.6655.9442.3243.10
Total Income50.8547.1214.8131.96
Profit After Tax7.187.800.251.33
NET Worth22.0114.837.046.79
Reserves and Surplus7.7414.126.326.08
Total Borrowing26.9316.5922.6114.33
Amount in ₹ Crore

Peer Comparison

CompanyIssue TypeIssue SizeIssue PricePE RatioListing Day CloseListing Gain/Loss %LTP
DCX Systems Ltd.Mainboard₹500.00 Cr₹20790₹308.80+49.18%₹190.64 (-1.24%)

Objects of the Issue

#Issue ObjectsEst Amt (₹ Cr.)
1Funding Working capital requirements29.42
2Repayment of Loans21.00
3Purchase of machinery and equipment8.86
4Acquire Technology of “ Towed Wire Antenna (TWA)8.50
5General Corporate Purpose16.71

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