CFF Fluid Control Limited
CFF Fluid Control Limited
CFF Fluid Control Limited, incorporated in 2012, is involved in the manufacturing, and servicing of shipboard machinery. They are producing critical machinery and systems for the energy sector.
The company also develops and supports mechanical equipment for sectors like nuclear and clean energy. Their purpose is to meet the requirements of the Indian Navy, Shipbuilders Limited, and Mazagaon Dockyard.
The promoters of the company have more than 20 years of experience in the defense manufacturing industry.
The company’s manufacturing facilities are located in Khopoli. The production house is spread over 6,000 sq. metres and contains all the testing facilities and state-of-the-art machinery.
Purpose of Issuing an IPO
- To meet working capital requirements
- Loan Repayment
- Purchase of extra equipment and machinery
- To meet common corporate purposes
Company Financials
| Period Ended | Total Assets | Total Borrowing | Profit After Tax | Net worth |
| 31-Mar-21 | 4,232.32 | 2,261.21 | 24.60 | 703.71 |
| 31-Mar-22 | 5,593.59 | 1,659.17 | 779.51 | 1,483.22 |
| 31-Dec-22 | 7,165.57 | 2,693.09 | 718.11 | 2,201.33 |
IPO Details
| IPO Date | May 30, to June 2, 2023 |
| Listing Date | 12, June, 2023 |
| Face Value | Rs. 10 per share |
| Price | Rs. 165 for each share |
| Total Issue Size | 5,200,000 shares |
| Fresh Issue | 5,200,000 shares |
| Listing At | BSE, SME |
| Issue Type | Fixed price Issue IPO |
