CFF Fluid Control (Follow-on)
IPO Timeline
Issue open date
9 Jul 2025Issue close date
11 Jul 2025UPI mandate deadline
11 Jul 2025Allotment finalization
14 Jul 2025Refund initiation
15 Jul 2025Share credit
15 Jul 2025Listing date
16 Jul 2025Mandate end date
26 Jul 2025Lock-in end date for anchor investors (50%)
13 Aug 2025Lock-in end date for anchor investors (remaining)
12 Oct 2025Grey Market Premium Trend
GMP History
| Date | GMP (₹) | Est. Listing Price (₹) | Est. Listing Gain |
|---|---|---|---|
| 15 Jul | ₹25 | ₹610 | 4.27% |
| 14 Jul | ₹27 | ₹612 | 4.62% |
| 13 Jul | ₹19 | ₹604 | 3.25% |
| 12 Jul | ₹16 | ₹601 | 2.74% |
| 11 Jul | ₹16 | ₹601 | 2.74% |
| 10 Jul | ₹13 | ₹598 | 2.22% |
| 9 Jul | ₹0 | ₹585 | 0.00% |
| 8 Jul | ₹0 | ₹585 | 0.00% |
| 7 Jul | ₹0 | ₹585 | 0.00% |
| 6 Jul | ₹0 | ₹585 | 0.00% |
| 5 Jul | ₹0 | ₹585 | 0.00% |
| 4 Jul | ₹0 | ₹585 | 0.00% |
| 3 Jul | ₹0 | ₹585 | 0.00% |
| 2 Jul | ₹0 | ₹585 | 0.00% |
Key Dates
Quick Stats
About the Company
CFF Fluid Control specializes in manufacturing submarine machinery and critical component systems for India’s defense sector. Listed on BSE SME Platform since June 2023, the company operates from a 6,000 sq. meter facility in Khopoli, exclusively serving the Indian Defence PSU Shipyard. With over 20 years of combined experience in defense manufacturing, CFF delivers fluid control systems, weapons and control systems, propulsion systems, and integrated platform management systems. The company maintains a robust order book of Rs. 55,160.19 lakhs as of December 2024, with over 90% from Indian Defence PSU Shipyard orders. CFF has partnered with Atlas Elektronik GmbH to produce low-frequency variable depth sonars for India’s Anti-Submarine Warfare program and is expanding with an additional facility in Pune for advanced sonar technologies.
Strengths
- Robust order book and strong financial growth underpin long-term scalability and profitability.
- Strict quality norms and long approvals create high entry barriers.
- Authorized manufacturer status and key defence certifications ensure repeat orders and long-term visibility.
- Navy focus and global tie-ups strengthen tech edge and long-term orders.
- Experienced promoters and leadership drive growth with deep defence sector expertise.
Risks
- Geographic concentration of facilities exposes operations to regional disruptions.
- Failure to obtain or renew key approvals may disrupt operations and impact compliance.
- Heavy dependence on Indian Defence PSU contracts poses risks from order cuts or policy shifts.
- High revenue dependence on few customers risks sharp impact from client loss.
- Past negative cash flows raise concerns over funding and liquidity stability.
- Loss of key personnel or promoter focus may disrupt operations and growth.
- Asset-heavy model faces risks from equipment failure, obsolescence, or high upkeep costs.
CFF Fluid Control (Follow-on) IPO – Frequently Asked Questions
- The price band for the CFF Fluid Control (Follow-on) IPO is set at ₹585 to ₹585 per share.
- The CFF Fluid Control (Follow-on) IPO opens on July 9, 2025 and closes on July 11, 2025.
- The tentative listing date for the CFF Fluid Control (Follow-on) IPO is July 16, 2025.
- You can apply for the CFF Fluid Control (Follow-on) IPO via your broker or bank using ASBA or UPI. Log in to your trading app (Zerodha, Upstox, Groww, etc.), select IPO section, choose CFF Fluid Control (Follow-on), enter lot quantity and UPI ID, then approve the mandate.
- The lot size for the CFF Fluid Control (Follow-on) IPO is 200 shares. Investors must apply for at least one lot (i.e., 200 shares).