CFF Fluid Control FPO
CFF Fluid Control FPO Details
-
Open Date
09 Jul 2025
-
Close Date
11 Jul 2025
-
Listing Date
16 Jul 2025
- FPO Price Range
₹ 585
- FPO Size
₹ 83.19 Cr
- Listing Exchange
BSE SME
CFF Fluid Control FPO Timeline
CFF Fluid Control FPO Subscription Status
| Date | QIB | NII | Individual Investors | TOTAL |
|---|---|---|---|---|
| 09-Jul-25 | - | 2.16 | 0.18 | 1.17 |
| 10-Jul-25 | - | 2.63 | 0.73 | 1.68 |
| 11-Jul-25 | - | 10.06 | 6.34 | 8.45 |
Last Updated: 29 September 2025 3:33 PM by 5paisa
CFF Fluid Control Limited is set to launch its FPO on July 9, 2025. Established in 2012, the company specialises in manufacturing and servicing critical systems for Indian Defence PSU Shipyards. Its wide product portfolio includes submarine machinery, fluid control systems, high-pressure air systems, propulsion systems, and diving air systems.
The company operates a 6,000 sq. metre manufacturing facility in Khopoli with advanced machinery and testing infrastructure. To meet increasing demand, an additional 1,950 sq. metre facility is under development in Chakan Industrial Area, Pune, focused on complex defence manufacturing.
CFF Fluid Control has also partnered with Germany-based Atlas Elektronik GmbH to produce low-frequency sonar systems for India's anti-submarine warfare programme.
Established in: 2012
MD: Sunil Menon
Peers
Data Patterns (India) Limited
MTAR Technologies Limited
Bharat Electronics Limited
Paras Defence and Space Technologies Limited
CFF Fluid Control Objectives
The company plans to utilise the net FPO proceeds towards:
Funding Working capital requirements
General corporate purposes
CFF Fluid Control FPO Size
| Types | Size |
|---|---|
| Total IPO Size | ₹83.19 Cr |
| Offer For Sale | - |
| Fresh Issue | ₹83.19 Cr |
CFF Fluid Control FPO Lot Size
| Application | Lots | Shares | Amount(₹) |
|---|---|---|---|
| Individual investors (Min) | 2 | 400 | ₹2,34,000 |
| Individual investors (Max) | 2 | 400 | ₹2,34,000 |
| S-HNI (Min) | 3 | 600 | ₹3,51,000 |
| S-HNI (Max) | 8 | 1,600 | ₹9,36,000 |
| B-HNI (Min) | 9 | 1,800 | ₹10,53,000 |
CFF Fluid Control IPO Reservation
| Investors Category | Subscription (times) | Shares Offered | Shares bid for | Total Amount (Cr.)* |
|---|---|---|---|---|
| NII (HNI) | 10.06 | 7,11,000 | 71,50,600 | 418.31 |
| Individual Investors (IND category bidding for 2 Lots) | 6.34 | 7,11,000 | 45,08,400 | 263.74 |
| Total** | 8.45 | 14,22,001 | 1,20,14,600 | 702.85 |
*The "Shares Offered" and "Total Amount" are calculated using the upper limit of the issue price range.
**Shares allocated to anchor investors (or market makers) are excluded from the total number of shares offered.
| Particulars (in Rs. Crores) | FY23 | FY24 | FY25 |
|---|---|---|---|
| Revenue | 71.10 | 106.98 | 146.10 |
| EBITDA | 18.83 | 30.85 | 41.31 |
| PAT | 10.14 | 17.09 | 23.85 |
| Particulars (in Rs. Crores) | FY23 | FY24 | FY25 |
|---|---|---|---|
| Total Assets | 88.68 | 161.16 | 199.03 |
| Share Capital | 14.27 | 19.47 | 19.47 |
| Total Borrowings | 45.90 | 23.48 | 21.11 |
| Particulars (in Rs. Crores) | FY23 | FY24 | FY25 |
|---|---|---|---|
| Net Cash Generated From / (used in) operating activities | -9.27 | -2,6.75 | -3.22 |
| Net Cash Generated From / (used in) investing activities | -19.39 | -1,6.60 | -4.91 |
| Net Cash Generated From / (used in) financing activities | 26.19 | 59.04 | -6.55 |
| Net Increase (Decrease) In Cash And Cash Equivalents | -2.47 | 15.69 | -14.68 |
Strengths
1. Large, robust order book worth ₹513.97 Cr as of May 2025
2. Strategic partnerships with global defence manufacturers
3. High barriers to entry in the defence manufacturing segment
4. Experienced promoters with sector expertise
Weaknesses
1. Negative cash flows in FY25 raise liquidity concerns
2. Significant capital expenditure requirements for expansion
3. Revenue dependency on government contracts
4. Long project cycles affecting cash realisation
Opportunities
1. Expanding Indian defence sector and ‘Make in India’ push
2. Potential exports with global defence collaborations
3. Upcoming new facility to increase production capacity
4. Rising demand for specialised submarine and naval systems
Threats
1. Policy or regulatory changes impacting defence procurement
2. Global geopolitical tensions affecting supply chains
3. Competition from other domestic and international players
4. High technology dependence on foreign partners
1. A strong order book ensures revenue visibility
2. High entry barriers protect against new competition
3. Strategic partnerships with global defence firms
4. Steady revenue and PAT growth over the last three years
5. Growing demand for Indigenous defence manufacturing
1. The Indian defence manufacturing sector is witnessing steady growth.
2. Increased government spending, indigenisation initiatives, and technology partnerships are leading growth.
3. The market for submarine and naval systems, in particular, is expected to expand, supported by the government’s strategic defence roadmap.
4. CFF Fluid Control is well-positioned to benefit from these favourable industry dynamics.
- Companies
- Type
- Opening On
-
Narmadesh Brass Industries
- SME
-
12th Jan
- Pre-Book
-
Avana Electrosystems
- SME
-
12th Jan
- Pre-Book
-
Amagi Media Labs
- Mainboard
- 13th Jan
- Pre-Book
Open Free Demat Account
Be a part of 5paisa community - The first listed discount broker of India.
By proceeding, you agree to all T&C*
FAQs
CFF Fluid Control FPO opens on July 9, 2025, and closes on July 11, 2025.
The CFF Fluid Control FPO size is ₹83.19 Cr, consisting entirely of a fresh issue.
The fixed CFF Fluid Control FPO price is ₹585 per share.
To apply for CFF Fluid Control FPO follow the steps given below:
- Login to your 5paisa account and select the issue in the current IPO section
- Enter the number of lots and the price at which you wish to apply for the CFF Fluid Control FPO
- Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange
You will receive the mandate notification to block funds in your UPI app
The minimum lot size of CFF Fluid Control FPO is 400 shares of 2 lots, with a minimum investment of ₹2,34,000.
The tentative listing date of CFF Fluid Control FPO is July 16, 2025, on BSE SME.
Aryaman Financial Services Limited is the lead manager for the CFF Fluid Control FPO.
CFF Fluid Control aims to utilise the proceeds for:
- Funding Working capital requirements
- General corporate purposes
CFF Fluid Control Contact Details
CFF Fluid Control Limited
Plot No 01, Survey No 96
Kumbhivli Madap Khopoli,
Khalapur, Raigarh
Khalapur, Maharashtra, 410203
Phone: +91-2246086806
Email: compliance@cffdefensys.com
Website: https://www.cffdefensys.com/
CFF Fluid Control FPO Register
Cameo Corporate Services Limited
Phone: +91-44-28460390
Email: priya@cameoindia.com
Website: https://ipo.cameoindia.com/
CFF Fluid Control FPO Lead Manager
Aryaman Financial Services Limited