Falcon Technoprojects IPO Details ( Falcon Technoprojects India Limited IPO Review )
(19 June 2024 – 21 June 2024)
Falcon Technoprojects India Limited, founded in 2014, specializes in providing top-notch mechanical, electrical, and plumbing (MEP) services across India. Serving diverse sectors such as petroleum refineries, housing estates, nuclear power, and construction, the company ensures comprehensive solutions for all MEP needs.
We offer a wide range of MEP services, including:
- Design, selection, and installation of integrated systems.
- Air conditioning installation.
- Power and lighting system setup.
- Water supply and drainage systems.
- Fire protection and extinguishing systems.
- Telephone system installation.
As of January 31, 2024, Falcon Technoprojects India Limited proudly employs a dedicated team of 24 professionals committed to delivering excellence in every project.
Falcon Technoprojects India Limited IPO Competitive Strength
- Project management and execution capability
- Adding renowned customers and procuring repetitive work orders from existing customers provides visibility of future revenues
- Managing diverse business operations amidst growing demand
- Technology at the forefront of our current and future business
- Experienced and committed professional management team
Falcon Technoprojects India IPO Financials Performance ( Results )
Falcon Technoprojects India Limited Financial Information (Restated)
All Amount in ₹ Lakhs
| Period Ended | Total Assets | Total Revenue | PAT | Net Worth | Reserves | Borrowing |
| 31-Mar-21 | 1,720.12 | 946.35 | 29.60 | 127.79 | 77.79 | 729.75 |
| 31-Mar-22 | 2,179.53 | 2,290.07 | 102.76 | 230.56 | 180.56 | 962.81 |
| 31-Mar-23 | 2,183.61 | 1,656.59 | 103.92 | 334.47 | 284.47 | 1,232.02 |
| 31-Jan-24 | 2,143.72 | 1,036.62 | 86.98 | 898.75 | 511.87 | 781.04 |
Objective of Falcon Technoprojects India IPO Issue
- Working Capital Requirements of the company; and
- General Corporate Purposes
Falcon Technoprojects India IPO Basic Details
| IPO Date | June 19, 2024 to June 21, 2024 |
| Listing Date | Wednesday, June 26, 2024 |
| Face Value | ₹10 per share |
| Price | ₹92 per share |
| Lot Size | 1200 shares |
| Issue Size | 1,488,000 shares (aggregating up to ₹13.69 Cr) |
| Fresh Issue | 1,488,000 shares (aggregating up to ₹13.69 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | NSE SME |
| Share holding pre issue | 3,868,793 |
| Share holding post issue | 5,356,793 |
| Company Promoters | Bharat Shreekishan Parihar and Sheetal Bharat Parihar |
Falcon Technoprojects IPO Reservation
| Market Maker Shares Offered | 5.0% of the Net Issue |
| Other Shares Offered | 47.50% of the Net Issue |
| Retail Shares Offered | 47.50% of the Net Issue |
| Total Shares Offered | 100.00% of the Net Issue |
Falcon Technoprojects IPO Timetable
Falcon Technoprojects IPO will open on June 19, 2024 and close on June 21, 2024. You can join Falcon Technoprojects IPO at 10.00 A.M. to 5.00 p.m. Upto which mandate can be applied.
| Event | Date |
| Opening Date | 19 June 2024 (Wednesday) |
| Closing Date | 21 June 2024 (Friday) |
| Basis of Allotment | 24 June 2024 (Monday) |
| Initiation of Refunds | 25 June 2024 (Tuesday) |
| Credit of Shares to Demat | 25 June 2024 (Tuesday) |
| Listing Date | 26 June 2024 (Wednesday) |
| Deadline for UPI mandate confirmation | 5 PM on 21 June 2024 |
Falcon Technoprojects IPO Lot Size
For retail investors in Falcon Technoprojects IPO, 1200 shares will come in 1 lot or the minimum investment will be ₹110,400. Retail-individual investors can apply for up to 1 lots or the maximum investment will be ₹110,400.
| Application | Lots | Shares | Amount |
| Retail (Min) | 1 | 1200 | ₹110,400 |
| Retail (Max) | 1 | 1200 | ₹110,400 |
| S-HNI (Min) | 2 | 2400 | ₹220,800 |
Falcon Technoprojects IPO Promoter Holding
The company’s promoters include Bharat Shreekishan Parihar and Sheetal Bharat Parihar.
| Pre Issue Share Holding | 84.20% |
| Post Issue Share Holding |
Falcon Technoprojects India Ltd IPO Key Performance Indicator ( Valuation )
In the table given below, all the figures have been told according to the latest financial year.
| KPI | Values |
| Market Cap (₹ Cr.) | 49.28 |
| Earning Per Share (EPS) | ₹3.10 per Equity Share |
| Net Asset Value (NAV) | ₹66.89 per Equity Share |
| P/E Ratio (P/E) (x) | 34.25 |
| Post P/E Ratio (P/E) (x) | 47.22 |
| Return on Net Worth (RoNW) (%) | 9.68 |
| Return on equity (ROE) (%) | 9.68 |
| Return on Capital Employed (ROCE) (%) | 11.54 |
| Debt/Equity Ratio | |
| Price/Book Value Ratio | 3.96 |
Falcon Technoprojects IPO GMP Live Update, Kostak Rate day by day
| Date | GMP | Kostak | Subject to |
| Today | ₹33 | – | – |
| 20 June 2024 | ₹35 | – | – |
Falcon Technoprojects IPO Detail Video:
link
Falcon Technoprojects IPO Subscription Status (Bidding Detail)
The Falcon Technoprojects IPO on June 21, 2024 at 7:02:00 PM was subscribed 65.32 times, with the retail category being subscribed 82.72 times, the other category being subscribed 45.02 times.
| Category | Subscription |
| Other | 45.02x |
| Retail | 82.72x |
| Total | 65.32x |
Falcon Technoprojects IPO Prospectus
| Falcon Technoprojects IPO DRHP | Download |
| Falcon Technoprojects IPO RHP | Download |
| Falcon Technoprojects IPO Anchor Investors Details PDF | Download |
Falcon Technoprojects IPO Rating
| Our Rating | 3.0/5.0 |
Falcon Technoprojects Company Contact Information
Falcon Technoprojects India Limited
Registered Office: Unit No. 17/18, 1st Floor, Keshav Building, Vasudev Sky High Complex, Beverly Park, Mira Road (E), Maharashtra – 401107
E-mail: cs@falcontechnoprojects.com
Website: www.falcongroupindia.com
Telephone: +91 22 3512 9249
Contact Person: Ms. Dipti Sharma, Company Secretary & Compliance Officer;
Corporate Identity Number: U74900MH2014PLC257888
Promoters of Our Company: Mr. Bharat Shreekishan Parihar and Mrs. Sheetal Bharat Parihar
Falcon Technoprojects IPO Registrar
Kfin Technologies Limited
Registered Office Address : Selenium, Tower B, Plot 31-32, Financial District, Nanakramguda, Serilingampally, Hyderabad, Rangareddi, 500032, Telangana – India
Contact Person : M Murali Krishna
Contact No : +91 40 6716 2222
Email: ftil.ipo@kfintech.com
Investor grievance e-mail: einward.ris@kfintech.com
Website: www.kfintech.com
SEBI Registration No. : INR000000221
CIN: L72400TG2017PLC117649
Falcon Technoprojects IPO Lead Manager
Kunvarji Finstock Private Limited
Registered Office Address: Block B, First Floor, Siddhi Vinayak Towers, Off S. G. Highway Road, Mouje Makarba, Ahmedabad, Gujarat – 380051.
Contact Person: Mr. Jiten Patel / Mr. Parth Pankhaniya
Contact No : 022 – 69850000 / 079- 66669000
E-mail: mb.compliances@kunvarji.com
Investor grievance ID : mb.investorgrievances@kunvarji.com
Website: www.kunvarji.com/merchant-banking/
SEBI Registration Number: INM000012564
CIN: U65910GJ1986PTC008979
Falcon Technoprojects IPO FAQs
What is the lot size of Falcon Technoprojects IPO?
The total size of Falcon Technoprojects IPO is ₹49.28 crores and this is a complete fresh Issue.
When will Falcon Technoprojects IPO start?
Falcon Technoprojects IPO will open from 19 June 2024 and IPO will close on 21 June 2024.
What is the open date of Falcon Technoprojects IPO?
Falcon Technoprojects IPO will open date from 19 June 2024.
What is the last date ( close date ) of Falcon Technoprojects IPO?
Falcon Technoprojects IPO will close from 21 June 2024.
What is the price band of Falcon Technoprojects IPO?
Falcon Technoprojects IPO price band is ₹92.
What is the minimum amount required to apply for Falcon Technoprojects IPO?
The minimum investment for retailers to apply for Falcon Technoprojects IPO is ₹110,400 and the maximum investment is ₹110,400.
What is going on gray market premium of Falcon Technoprojects IPO?
View gray market premium of Falcon Technoprojects IPO by Clicking Here
How much is the GMP of Falcon Technoprojects IPO?
Watch Falcon Technoprojects IPO GMP Today: Click Here
What is the allotment date of Falcon Technoprojects IPO?
The allotment date of Falcon Technoprojects IPO is 24 June 2024.
How to check allotment status in Falcon Technoprojects IPO?
To check the allotment status of Falcon Technoprojects IPO, first of all go to the registrar website by clicking here, select your bad Falcon Technoprojects IPO name or enter your bad application number, PAN number or client ID and click on submit. ( Video Link )
What is the listing date of Falcon Technoprojects IPO?
The listing date of Falcon Technoprojects IPO is 26 June 2024.
How much will be the listing gain in Falcon Technoprojects IPO?
View listing gain of Falcon Technoprojects IPO by Clicking Here
How much time Falcon Technoprojects IPO is subscribed?
Total 65.32 times subscribed in Falcon Technoprojects IPO out of which 82.72 times subscription was done in retail quota, 45.02 times subscription in other quota.
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