Fabtech Technologies Cleanrooms hit the stock market running, debuting at ₹161.50 on BSE SME, a stunning 90 percent jump from its IPO price of ₹85. This remarkable start highlights the overwhelming demand for the ₹27.74 crore IPO, which saw bids pouring in during its subscription period from January 3 to January 7. The enthusiasm was palpable, with the IPO oversubscribed a jaw-dropping 227.67 times. The breakdown was equally impressive: retail investors booked 101.79 times, non-institutional investors a staggering 501.75 times, and Qualified Institutional Buyers locked in 242.4 times the shares allocated. Fabtech’s IPO consisted entirely of a fresh issue of 32.64 lakh shares, with no offer-for-sale component. Retail investors entered with a minimum lot size of 1,600 shares, requiring an investment of ₹1.36 lakh. Ahead of the IPO, Fabtech raised ₹7.89 crore from anchor investors, setting the stage for its stellar listing. The funds raised are earmarked for critical growth strategies: bolstering working capital, acquiring Kelvin Air Conditioning and Ventilation Systems Private Limited, and covering general corporate expenses. Fabtech Technologies, established in 2015, has carved a niche in cleanroom solutions, catering to pharmaceutical, healthcare, and biotech clients.