Established in 2022, Shreyas Fabtech Limited manufactures fabricated parts for specialised components, like hot-dip galvanised components, aluminium extrusion parts, structural fabrication parts, sub-assemblies components and more. Moreover, they carter and supply fabricated parts and press parts like telecommunication, diesel engines, diesel engine brackets, deep drawn parts and weighbridges. They cater to industries involved in telecommunications, diesel engines, infrastructure, etc. They have been supplying to companies based in the USA.
The company has a manufacturing space of 78,000 sq. ft. across their 2 Units in the Nashik district. Shreyas Fabtech Limited is an ISO number ISO9001: 2015 certified company.
The steel sector has gained significant attention due to its crucial role in supporting various industries, aligning with India's ambitions to enhance manufacturing through initiatives like Make in India. It is projected that steel production will surpass 300 million tonnes annually by 2030-31. Shreyas Fabtech Limited will probably benefit from this.
Shreyas Fabtech Limited IPO Details
Shreyas Fabtech Limited IPO Dates
Shreyas Fabtech Limited’s IPO dates are to be announced. The IPO will be listed on BSE SME.
Shreyas Fabtech Limited IPO Price Band
Shreyas Fabtech Limited is a fresh issue of up to 4,170,000 Equity Shares. The price band is to be announced.
Shreyas Fabtech Limited IPO Lot Size
Shreyas Fabtech Limited’s IPO lot size is to be announced.
Shreyas Fabtech Limited IPO Objectives
The objectives of Shreyas Fabtech Limited's IPO are listed below:
- For general corporate purposes.
- For working capital requirements.
Peer Details
As per DRHP, there are no listed peers whose business portfolio is comparable to the company.
How To Check the Allotment Status of the Shreyas Fabtech Limited IPO?
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Contact Details of Shreyas Fabtech Limited
- Registered office: Plot No. H37, MIDC Ambad, Nashik422010, Maharashtra, India
- Phone: 0253-2384537
- E-mail: info@shreyas.biz
IPO Financials
| Particulars | Period ending on August 31, 2023 (₹ lakh) | Year ending on March 31, 2023 (₹ lakh) | Year ending on March 31, 2022 (₹ lakh) |
|---|---|---|---|
| Total Income | 1,068.72 | 4,530.84 | 5,298.48 |
| Profit After Tax | 131.98 | 185.23 | 212.36 |
| Net Worth | 1,290.61 | 1,566.91 | 518.36 |
| Total Borrowings | 39.94 | 730.99 | 1,993.50 |
Know before investing
Strengths
2The company develops and maintains all its press tooling and assembly jigs/fixtures in-house.
The company buys raw materials on an OEM basis from companies in India in the open market, and they serve all the states of India and their dealers are spread across various countries outside India like the USA.
Risks
2The company generally does business with their customers on a purchase order basis and does not enter into long-term contracts with most of them.
The company is dependent on a few numbers of suppliers for the purchase of materials. The loss of any of these large suppliers may affect their business operations.
