Faalcon Concepts Limited IPO
BSE SMEListed On: Apr 26, 2024 at ₹ 95.0
₹ 248000 /4000 Shares
*Min Investment
19 Apr, 2024
Open Date23 Apr, 2024
Close Date24 Apr, 2024
Allotment Date26 Apr, 2024
Listing DateFaalcon Concepts Limited IPO Issue Details
- Issue Price ₹62 per equity share
- Face Value ₹10 Per Equity Share
- Total Issue Size 19,50,000 shares(aggregating up to ₹12.09 crore)
- Fresh Share 19,50,000 shares(aggregating up to ₹12.09 crore)
- Listing at BSE SME
- List Price 95.0
- Listing Date 2024-04-26
- Lead Manager Navigant Corporate Advisors Ltd
- Registrar Beetal Financial & Computer Services (P) Limited
Market Lot Size
Investors can bid for a minimum of 2000 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Retail Investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (min) | 1 | 2000 | ₹1,24,000 |
| Retail(max) | 1 | 2000 | ₹1,24,000 |
| NII (min) | 2 | 4000 | ₹2,48,000 |
Faalcon Concepts Limited IPO Reservation
Faalcon Concepts Limited IPO offers total 1,950,000 shares. Out of which NA (NA%) allocated to QIB, NA (NA%) allocated to NII,926,000 (47.49%) allocated to RII, NA (NA%) allocated to employees and NA (NA%) allocated to Anchor investors.
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | NA (NA%) | |
| Market Maker Shares Offered | 98,000 (5.03%) | |
| Retail Shares Offered | 926,000 (47.49%) | |
| Total Shares Offered | 1,950,000 (100%) |
Faalcon Concepts Limited IPO Details
Faalcon Concepts Limited IPO is an SME IPO, priced at ₹62 per equity share. The equity shares have a face value of ₹10 Per Equity Share each and will be listed on the BSE SME platform. The IPO comprises a total issue of 19,50,000 equity shares, aggregating up to ₹12.09 crores..
The IPO bidding window is open from Apr 19, 2024 to Apr 23, 2024. The allotment is expected to be finalized on Apr 24, 2024, and the tentative listing date is Apr 26, 2024.
The minimum lot size for Retail investors is 2000 shares, with a minimum investment of ₹1,24,000. For HNIs, the minimum application size is 2 lots , amounting to ₹ 2,48,000.
Navigant Corporate Advisors Ltd is acting as the lead manager to the issue. The registrar of the IPO is Beetal Financial & Computer Services (P) Limited, and Alacrity Securities Ltd will act as the market maker for this issue.
Faalcon Concepts Limited IPO Subscription Analysis And Details
| As on | QIB / NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 926,000 | 926,000 | 1,852,000 |
Day 1 19-04-24 06:00 PM | 0.56 x | 2.63 x | 1.60 x |
Day 2 22-04-24 06:00 PM | 2.00 x | 12.14 x | 7.07 x |
Day 3 23-04-24 06:00 PM | 95.50 x | 47.17 x | 71.34 x |
Faalcon Concepts Limited Valuations
Faalcon Concepts Limited Company Financials
| 31-Mar-23 | 31-Mar-22 | 31-Mar-21 | |
|---|---|---|---|
| Assets | 1,292.64 | 916.77 | 553.85 |
| Revenue | 1,324.81 | 1,852.93 | 502.21 |
| Profit After Tax | 179.52 | 97.79 | 12.34 |
| Net Worth | 327.53 | 129.02 | 22.23 |
| Reserves & Surplus | 325.26 | 127.61 | 21.23 |
| Total Borrowing | 190.58 | 67.10 | 48.30 |
About Faalcon Concepts Limited Company
Faalcon Concepts Limited is an outfit that started its operations in 2018 with dealing in façade systems: planning, design, fabrication, and installation.
Faalcon Concepts provides UV-resistant, acid rain-resistant, dust-resistant, noise-resistant, and other influence-resistant facades. The company's product range consists of glazing/curtain walls, aluminium doors and windows, skylights, canopies, frameless glazing, MS structures, stone cladding, metal cladding, and roofing.
Companies which are on the customer list of the company are Espirit Techno Consultant Pvt. Ltd, Galaxy Magnum Infra Height Limited, Babbar Films, Maconns Infra Pvt. Ltd, Silvers 107 Stone Regency Pvt. Ltd, St Xavier School, Gurgaon High School etc. The company has provided services to its customers in the states of Haryana, Uttar Pradesh, Rajasthan, Madhya Pradesh, Karnataka, Gujrat, Punjab, Delhi and overseas.
As of December 23, 2023, the company had 26 employees.
Faalcon Concepts Limited - Promoter(s)
Mrs. Ekta Seth
Mr. Tribhuvan Seth
Mr. Prithvi Seth
Pre Issue Share Holding : 91.76%
Post Issue Share Holding : 65.56%
Faalcon Concepts Limited IPO - Issue Objectives
To finance the Capital Expenditure for the purchase of facade Structural Equipments
To part finance the requirement of Working Capital
To meet General corporate purposes.
Faalcon Concepts Limited IPO - Peers Comparison
| Company Name | EPS (Basic) | EPS (Diluted) | NAV (per share) (Rs) | P/E (x) | RoNW (%) | P/BV Ratio | Financial statements |
|---|---|---|---|---|---|---|---|
| Faalcon Concepts Limited | 3.69 | N/A | 6.73 | 16.8 | 54.81 | 9.21 | Standalone |
| Innovators Facade Systems Ltd | 4.48 | N/A | 59.32 | 44.42 | 7.55 | 3.35 | Standalone |
Notes:
- The P/E Ratio has been computed based on the closing market price of equity shares on the BSE on December 22, 2023, divided by the Basic EPS.
- RoNW is computed as net profit after tax divided by the closing net worth. Net worth has been computed as the sum of share capital and reserves and surplus.
- NAV is computed as the closing net worth divided by the closing outstanding number of equity shares.
Contact Details
Faalcon Concepts Limited
N-75 Ground Floor Mayfield Garden, Sector-51NA, Gurgaon -122018
+ 91-124-4383074
Registrar Contact Details
Beetal Financial & Computer Services (P) Limited
+91 11 29961281
Faalcon Concepts Limited IPO - FAQs
Ans. Faalcon Concepts Limited IPO is a SME IPO. The issue is priced at ₹62 per equity share. The minimum order quantity is 2000 Shares. The IPO opens on Apr 19, 2024, and closes on Apr 23, 2024. Beetal Financial & Computer Services (P) Limited is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Ans. The Faalcon Concepts Limited IPO opens on Apr 19, 2024 and closes on Apr 23, 2024.
Ans. You can track the real-time subscription numbers using the links below:
Ans. The size of Faalcon Concepts Limited IPO is 1,950,000 shares(aggregating up to ₹12.09 Cr).
Ans. The Faalcon Concepts Limited IPO price band is set between ₹62 per equity share.
Ans. To apply for Faalcon Concepts Limited IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find Faalcon Concepts Limited IPO in the List of IPOs
- - Press Apply Button
- - Select Your Demat Account
- - Select Your Shares Quantity and Submit
- - Track Your IPO Status
Ans. The share allotment date of Faalcon Concepts Limited IPO is Apr 24, 2024.
Ans. The Faalcon Concepts Limited IPO will be listed on Apr 26, 2024.
Ans. Follow the steps to check the Faalcon Concepts Limited IPO allotment status online.
