Fabtech Technologies Cleanrooms Ltd Share Price

Fabtech Technologies Cleanrooms Limited was originally incorporated as ‘Fabtech Turnkey Projects International Private Limited’ in Mumbai under the provisions of the Companies, Act, 2013, pursuant to a certificate of incorporation dated June 3, 2015 issued by Registrar of Companies, Maharashtra, Mumbai. Subsequently, the Modular Panels Division of Fabtech Technologies International Private Limited (formerly known as Fabtech Technologies International Limited) was demerged and transferred to the company, pursuant to the Scheme of Arrangement approved by National Company Law Tribunal, Mumbai bench vide order dated November 19, 2020. Subsequently, the name of the company was changed to ‘Fabtech Technologies Cleanrooms Private Limited’ vide fresh certificate of incorporation dated January 27, 2021, issued by Registrar of Companies, Maharashtra, Mumbai. Subsequently, the company was converted into a public limited company pursuant to a special resolution passed by its Shareholders at an Extra-ordinary General Meeting held on May 13, 2024 and the name of the company was changed to ‘Fabtech Technologies Cleanrooms Limited’. A fresh certificate of incorporation consequent upon conversion from Private Limited Company to Public Limited Company dated July 5, 2024 was issued by the Registrar of Companies, Central Registration Centre.

The company is engaged in the business of manufacturing and providing design-to-validation solutions of pre-engineered and pre-fabricated modular panels and doors for building cleanrooms for pharmaceutical, healthcare & biotech sectors. Cleanrooms are specially designed or constructed with a controlled environment to ensure low levels of pollutants, dust, airborne microbes, aerosol and chemical vapour. The company’s cleanroom solutions, which are tailor made as per its customers’ designs and global regulatory standards, comprises of wall panels, view panels, doors, risers, ceiling panels, covings, heat ventilation air conditioning (HVAC) system, epoxy flooring and electrification works. It provides a comprehensive service which includes initial design to validation, encompassing engineering, manufacturing, quality assurance, timely delivery, installation, commissioning, and validation and certification.

The company’s cleanroom products are certified by FM Global to ensure compliance with fire safety measures. It caters to the customers who are mainly operating in pharmaceuticals, healthcare and biotech sectors. Its customers include large pharmaceutical and healthcare companies such as Unichem Laboratories, Desano Pharmaceuticals, Apitoria Pharma (a 100% subsidiary of Aurobindo Pharma), Hamdard Laboratories (India), amongst others. Its plant is well equipped with a complete range of high performing machinery to manufacture cleanroom partitions. The company, through one of its subsidiaries, Altair Partition Systems LLP (Altair), are engaged in the business of manufacturing modular panels of economical grade. 

Business area of the company

The company is engaged in the business of manufacturing pre-engineered, pre-fabricated modular panels and doors for building internal infrastructure for pharmaceuticals and allied industries.

History and milestones

• 2015 Incorporation of the company as Fabtech Turnkey Projects International Private Limited.
• 2020 Transfer of Modular Panels Division of Fabtech Technologies International Private Limited (formerly known Fabtech Technologies International Limited) pursuant to the Scheme of Arrangement.
• 2021 Change of name to Fabtech Technologies Cleanrooms Private Limited.
• 2022 Received FM Global approval for fire safety measures.
• 2022 Crossed annual revenue above Rs 100 crore.
• 2023 Acquisition of 26% equity share capital in Advantek Air Systems Private Limited.
• 2024 Converted from a Private Limited Company to a Public Limited Company.
• 2024 Investment in Kelvin Air Conditioning and Ventilation Systems Private Limited by acquiring 5,000 CCPS.