CFF Fluid Control FPO Subscribed 8.45 Times on Final Day

CFF Fluid Control's follow-on public offering (FPO) has demonstrated solid investor demand through its third and final day of subscription, with CFF Fluid Control's stock price set at ₹585 per share reflecting positive market reception. The ₹87.75 crore FPO reached 8.45 times by 5:04:33 PM on day three, indicating robust investor interest in this submarine machinery manufacturer which went public in June 2023.

CFF Fluid Control FPO subscription reached 8.45 times on day three, led by NII (10.06x) and Individual Investors (6.34x). Total applications reached 15,261, reflecting positive investor confidence in this defence sector company.

Subscription Status of CFF Fluid Control FPO:

Here are the subscription details for CFF Fluid Control FPO as of Day 3 (July 11, 2025, 5:04:33 PM):

Key Highlights - Day 3: 

• Overall subscription reaching solid 8.45 times, a substantial increase from day two's 1.68 times
• NII segment leading with strong demand at 10.06 times, significantly building from day two's 2.63 times
• Individual investors demonstrating robust interest at 6.34 times, substantially jumping from day two's 0.73 times
• Final day witnessed improved participation across both investor categories
• Total applications reached 15,261, indicating moderate investor participation for this SME FPO
• Cumulative bid amount reached ₹702.85 crores against the issue size of ₹87.75 crores
• Defence sector showing positive investor sentiment for follow-on offerings

CFF Fluid Control FPO - Day 2 Subscription at 1.68 Times

Key Highlights - Day 2:

• Overall subscription improving to 1.68 times from day one's 1.17 times
• NII segment demonstrating steady growth at 2.63 times, building from day one's 2.16 times
• Individual investors showing gradual improvement at 0.73 times, increasing from day one's 0.18 times

CFF Fluid Control FPO - Day 1 Subscription at 1.17 Times

Key Highlights - Day 1:

• Overall subscription opening positively at 1.17 times, showing encouraging initial investor interest
• NII segment leading early participation at 2.16 times, indicating initial high-net-worth confidence
• Individual investors showing limited early interest at 0.18 times, reflecting cautious retail approach to FPO

About CFF Fluid Control Limited

CFF Fluid Control Limited manufactures and services submarine machinery, critical component systems, and test facilities for the Indian Defence PSU Shipyard. The company's product portfolio includes fluid control systems, distributors and air panels, weapons and control systems, steering gear, propulsion systems, high-pressure air systems, hydraulics systems, and breathing and diving air systems. Its manufacturing facility is located at Khopoli, covering 6,000 square metres and featuring the latest machinery and testing facilities, with an additional facility planned at Chakan Industrial Area, Pune. The company has partnered with Atlas Elektronik GmbH and maintains a robust order book value of ₹513.97 crores as of May 2025.