The Further Public Offer (FPO) of CFF Fluid Control received bids for 16,67,600 shares as against 15,00,000 shares on offer, as per BSE data as of 17:00 hours on Wednesday (09 July 2025). The issue was subscribed 1.11 times.
The offer opened for bidding on Wednesday (09 July 2025) and it will close on Friday (11 July 2025). The price of the FPO is fixed at Rs 585 per share. The minimum order quantity is 200 equity shares.
The issue consists entirely of an FPO of 15,00,000 equity shares, aggregating up to Rs 87.75 crore, The promoter shareholding will dilute to 68.06% from 73.31% pre-offer.
About 78,000 shares will be reserved for subscription by the market maker. The net issue comprises of 14,22,000 equity shares. The issue and the net issue will constitute 7.15% and 6.78%, respectively, of the post-issue paid-up equity share capital of the company.
The company intends to ultilise the net proceeds for funding working capital requirements and general corporate purposes.
CFF Fluid Control was listed on 12 June 2023 on the Bombay Stock Exchange (BSE). The scrip declined 0.91% to end at Rs 664.60 today.
CFF Fluid Control engaged in the manufacturing and servicing for Indian Defence PSU Shipyard of Submarine machinery, critical component systems and test facilities. It also design, manufacture and service mechanical equipments and systems for industries like nuclear and clean energy. As on March 31, 2025, the company had 245 permanent employees.
The company recorded the revenue from operations of Rs 145.56 crore and profit after tax of Rs 23.85 crore for the period as on 31 March 2025.