A & M Febcon Ltd IPO is about to debut on 01 September 2017, with an issue size of 6.68CR. A & M Febcon Ltd, incorporated in 2013, is engaged in providing engineering services for the planning, design, and control of industrial operations. Additionally, the company is involved in the business of metal fabrication, which entails the conversion of raw metal sheet, coil, or plate into intermediate or semi-finished products via various processes, including cutting, bending, and assembling.
Among the three types of fabrication (structural, commercial, and industrial), industrial equipment fabrication, also known as process equipment fabrication, is the most intricate and is primarily used to produce industrial machinery. Industrial fabrication is primarily customized in nature and involves the manufacture of equipment and machinery such as boilers, storage tanks, heat exchangers, columns, and towers, collectively referred to as process plant equipment. These process plant equipment are widely used in various industries such as petrochemical plants, oil and gas refineries, metal industries, cement plants, and pulp and paper manufacturing plants.
Industry Overview
India has established itself as the world’s fastest-growing major economy, according to both the Central Statistics Organisation and the International Monetary Fund. The Economic Survey of 2015-16 forecasts that India’s economy will continue to grow at a rate exceeding 7% in 2016-17. This progress can be attributed to a combination of strong government reforms, the Reserve Bank of India’s focus on inflation, and favorable global commodity prices.
Although India’s economic fundamentals have improved significantly in 2015, the country’s consumer confidence score decreased from 134 in the January-March 2016 quarter to 128 in the April-June 2016 quarter. However, India remained the global leader in consumer confidence during the October-December quarter of 2015, as indicated by Nielsen’s global consumer confidence index. This pattern continues from the earlier three quarters of 2015.
A M Febcon Details
| IPO Date | Sep 1, 2017 to Sep 6, 2017 |
| Listing Date | Sep 14, 2017 |
| Face Value | ₹10 per share |
| Price | ₹18 per share |
| Lot Size | 8000 Shares |
| Total Issue Size | 3,712,000 shares(aggregating up to ₹6.68 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | BSE SME |
Company Financials
| FY2014 | FY2015 | FY2016 | FY2017 | |||
| Total revenue | 294.9 | 522.4 | 827.1 | 1,001.1 | ||
| Total expenses | 294.0 | 516.2 | 822.1 | 934.5 | ||
| Profit after tax | 0.6 | 3.9 | 3.4 | 45.5 |
Objects of the Issue
The object of the issue are:
1. To Meet working capital requirement;
2. To meet the Issue Expenses; and
3. General Corporate purpose.
Company Contact Information
A & M Febcon Ltd
A-2 Hira Anand Tower,
Gordhanwadi Tekra,
Kankaria , Ahmedabad – 380008
Phone: +91-9825363594
Email: aandmfebcon@gmail.com
Website: http://www.aandmfebcon.com
A M Febcon Registrar
Kfin Technologies Limited
Phone: 04067162222, 04079611000
Email: einward.ris@karvy.com
Website: https://karisma.kfintech.com/
A M Febcon Lead Manager(s)
- Gretex Corporate Services Pvt Ltd (Past IPO Performance)
