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Open
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Close
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Allotment
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Listing
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Price Band
₹80 per share
Issue Size
35,74,400 shares (agg. up to ₹29 Cr)
Lot Size
1,600 Shares
Listing Date
[.]
✦ AI Insight
Restated Financials (₹ Cr.)
| Period Ended | 30 Sep 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|---|
| Assets | 52.97 | 55.68 | 41.09 | 40.42 |
| Total Income | 5.02 | 23.93 | 8.80 | 0.19 |
| Profit After Tax | 0.47 | 3.06 | -3.31 | 0.03 |
| NET Worth | 29.24 | 28.77 | 16.71 | 19.99 |
| Reserves and Surplus | 24.24 | 23.77 | -3.04 | 0.24 |
| Total Borrowing | 10.44 | 11.89 | 22.14 | 18.83 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Millworks Technologies Ltd. | SME | ₹160.34 Cr | ₹331 | 11.4 | ₹660.30 | +99.49% | ₹693.30 (+5.00%) |
| Apsis Aerocom Ltd. | SME | ₹35.77 Cr | ₹110 | 14.58 | ₹160.65 | +46.05% | ₹409.45 (+1.99%) |
| Digilogic Systems Ltd. | SME | ₹81.00 Cr | ₹104 | 28.52 | ₹79.05 | -23.99% | ₹115.00 (-1.63%) |
| Shree Refrigerations Ltd. | SME | ₹117.33 Cr | ₹125 | 23.81 | ₹175.40 | +40.32% | ₹344.45 (-2.34%) |
| Aequs Ltd. | Mainboard | ₹921.81 Cr | ₹124 | -74.71 | ₹151.29 | +22.01% | ₹232.74 (-2.41%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Repayment / Prepayment of Debt | 9.00 |
| 2 | Augmenting funds for capital expenditure requirements | 5.83 |
| 3 | Augmenting additional working capital requirements | 6.48 |
| 4 | General Corporate Purposes | 4.28 |
About FFS Defence Engineering IPO
Incorporated in 2019, FFS Defence Engineering Limited is engaged in the business of manufacturing the ultra large size tubes required by the Defence and Space Industry. The company specializes in manufacturing motor tubes for rockets using large flow-forming machines, producing tubes up to 700mm in diameter and 6000mm in length from materials like alloy steel and maraging steel. The company operates two flow-forming machines, producing tubes from 25mm to 700mm in diameter. This process ensures high precision, durability, and strength for rocket motor components and aerospace applications. The company manufactures high-performance optical components, including metal mirrors, IR lenses, silicon carbide mirrors, and coated lenses for aerospace and defense, enhancing durability and performance for precision tasks. The company’s facility includes advanced machines like Coordinate Measuring Machine (CMM), Zygo surface profiler, polishing machines, and coating systems, ensuring high precision, tight tolerances, and quality finishes for defense and space optics. Products Portfolio: Flow forming Products: Optics Products As of December 31, 2024, the company had 19 employees. Competitive Str
Contact Details
FFS Defence Engineering Ltd. AddressPlot No. J-17,Hingna MIDC, Hingna Road,Near IC Chawk, MIDCNagpur, Maharashtra, 440016+91 810 468 6260info@ffsdefence.comVisit Website