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Fabtech Technologies IPO, an engineering solutions provider focused on pharmaceutical, biotech and healthcare industries, is launching its IPO from 29 September 2025 to 1 October 2025, with a price band of ₹181 to ₹191 per share (face value ₹10). The issue is entirely a fresh issue of 1,20,60,000 equity shares, aggregating up to ₹230.35 crore. The minimum bid (lot size) is 75 shares, which means retail investors need to invest at least ₹14,325 at the upper price band. Half the issue is reserved for Qualified Institutional Buyers (QIBs), 35% for retail investors, and 15% for non-institutional investors. The company plans to use the net proceeds to fund working capital requirements, pursue inorganic growth via acquisitions, and meet general corporate purposes. As on March 31, 2025, Fabtech has an order book of about ₹476.24 crore. Its promoters include Aasif Ahsan Khan, Hemant Mohan Anavkar, and others. Market watchers are closely tracking the IPO GMP, which is already being quoted in grey market circles, signaling premium expectations ahead of the listing. The basis of allotment is expected on 3 October 2025, with refunds and share credits following soon after. The IPO shares are expected to list on 7 October 2025 on NSE and BSE. With a niche focus in cleanrooms, modular systems and turnkey engineering for healthcare sectors, the IPO draws attention from institutional and retail investors alike.