IPO : Pattech Fitwell Tube Components Limited

Incorporated in 2022, Pattech Fitwell Tube Components Limited commenced its journey a decade ago in the year 2012. The company is engaged in the manufacturing of forging products for the non-automotive sector.

Pattech Fitwell has a total installed capacity of 14104.13 MTPA for manufacturing forged flanges, complex and specialized machined components, welded assemblies in the area of open die forgings. They convert semifinished/raw products to finished products by carrying out various value-added processes like forming, bending, drilling, cutting, inspection, polishing, painting, blasting, welding, punching, marking, testing, and packaging.

Objects of the Issue

The Company proposes to utilize the Net Proceeds from the Issue towards the following objects:

  1. Funding our working capital requirements;
  2. General corporate purposes

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