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CFF Fluid Control Limited
Issue Size (Net)
up to Rs.85.80 Cr
Price Band
Rs.165 per share
Issue Opens
30-May-23
Issue Closes
02-Jun-23

Company Highlights

1.Company Information

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-Pressure Air Systems, Hydraulics Systems, Breathing and Diving Air Systems, and Integrated Platform Management Systems for submarines and surface ships for the Indian Navy and its OEMs. The facility is Indian Navy, MDL & Naval Group (France) approved and has ISO 9001:2015 certification for quality management systems.

2. Objective of the Issue
The Company proposes to utilize the Net Proceeds from Issue towards funding the following objects:

1. Funding Working capital requirements

2. Repayment of Loans

3. Purchase of machinery and equipment

4. Acquire Technology of " Towed Wire Antenna (TWA)

3.CFF Fluid Control IPO Registrar
Cameo Corporate Services Limited

Phone:+91-44-28460390

Email: priya@cameoindia.com

Website:https://ipo.cameoindia.com/

CFF Fluid Control Limited Financial Information (Restated)

Period Ended
Total Assets
Total Revenue
Profit After Tax
Net Worth
Reserves and Surplus
Total Borrowing
31-Mar-20
4,460.42
3,196.48
134.62
680.74
609.37
232.12
31-Mar-21
4,233.99
1,481.27
24.64
705.38
634.01
1,017.64
31-Mar-22
5,595.70
4,712.39
779.95
1,485.33
1,413.96
1,104.48
30-Sep-22
7,020.12
3,907.54
639.63
2,124.96
697.55
1,922.55
Amount in Rs. Crore

CFF Fluid Control IPO Details

Issue Opening Date
30 May-23
Issue Closing Date
02 Jun-23
Face Value
Rs. 10 per share
Price
Rs.165 per share
Lot Size
800 Shares
Issue Size
5,200,000 shares (aggregating up to Rs.85.80 Cr)
Fresh Issue
5,200,000 shares (aggregating up to Rs.85.80 Cr)
Issue Type
Fixed Price Issue IPO
Listing At
BSE SME

CFF Fluid Control IPO Timetable (Tentative)

Event
Tentative Date
Opening Date
Tuesday, 30 May 2023
Closing Date
Friday, 2 June 2023
Basis of Allotment
Wednesday, 7 June 2023
Initiation of Refunds
Thursday, 8 June 2023
Credit of Shares to Demat
Friday, 9 June 2023
Listing Date
Monday, 12 June 2023
Cut-off time for UPI mandate confirmation
5 PM on Jun 2, 2023

CFF Fluid Control IPO Lot Size

The CFF Fluid Control IPO lot size is 800 shares.

Application
Lots
Shares
Amount
Retail (Min)
1
800
Rs.132,000
Retail (Max)
1
800
Rs.132,000
HNI (Min)
2
1600
Rs.264,000

Prospectus

Prospectus File

RR Investors Capital Services Pvt. Ltd AMFI-registered Mutual Fund Distributor

Head Office - 4th floor, Indraprakash Building 21, Barakhamba Road, New Delhi – 110001

LandlineLandline Number
+91 11-4444-1111

Customer Care
+91 9350316010

Security

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