Falcon Technoprojects India Limited IPO
NSE SMEListed On: Jun 26, 2024 at ₹ 84.0
₹ 220800 /2400 Shares
*Min Investment
19 Jun, 2024
Open Date21 Jun, 2024
Close Date24 Jun, 2024
Allotment Date26 Jun, 2024
Listing DateFalcon Technoprojects India Limited IPO Issue Details
- Issue Price ₹92 per equity share
- Face Value ₹10 Per Equity Share
- Total Issue Size 14,88,000 shares(aggregating up to ₹13.69 crore)
- Fresh Share 14,88,000 shares(aggregating up to ₹13.69 crore)
- Listing at NSE SME
- List Price 84.0
- Listing Date 2024-06-26
- Lead Manager Kunvarji Finstock Pvt Ltd
- Registrar Kfin Technologies Limited
Market Lot Size
Investors can bid for a minimum of 1200 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 | 1200 | ₹1,10,400 |
| Retail(max) | 1 | 1200 | ₹1,10,400 |
| NII (min) | 2 | 2,400 | ₹2,20,800 |
Falcon Technoprojects India Limited IPO Reservation
Falcon Technoprojects India Limited IPO offers total 1,488,000 shares. Out of which NA (NA%) allocated to QIB, NA (NA%) allocated to NII,706,800 (47.5%) 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 | 74,400 (5%) | |
| Retail Shares Offered | 706,800 (47.5%) | |
| Total Shares Offered | 1,488,000 (100%) |
Falcon Technoprojects India Limited IPO Details
Falcon Technoprojects India Limited IPO is an SME IPO, priced at ₹92 per equity share. The equity shares have a face value of ₹10 Per Equity Share each and will be listed on the NSE SME platform. The IPO comprises a total issue of 14,88,000 equity shares, aggregating up to ₹13.69 crores..
The IPO bidding window is open from Jun 19, 2024 to Jun 21, 2024. The allotment is expected to be finalized on Jun 24, 2024, and the tentative listing date is Jun 26, 2024.
The minimum lot size for Retail investors is 1200 shares, with a minimum investment of ₹1,10,400. For HNIs, the minimum application size is 2 lots , amounting to ₹ 2,20,800.
Kunvarji Finstock Pvt Ltd is acting as the lead manager to the issue. The registrar of the IPO is Kfin Technologies Limited, and Nikunj Stock Brokers Limited will act as the market maker for this issue.
Falcon Technoprojects India Limited IPO Subscription Analysis And Details
| As on | QIB / NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 706,800 | 706,800 | 1,413,600 |
Day 1 19-06-24 06:00 PM | 0.51 x | 4.01 x | 2.26 x |
Day 2 20-06-24 06:00 PM | 1.65 x | 12.49 x | 7.07 x |
Day 3 21-06-24 06:00 PM | 45.02 x | 82.72 x | 65.32 x |
Falcon Technoprojects India Limited Valuations
Falcon Technoprojects India Limited Company Financials
| 31-Mar-23 | 31-Mar-22 | 31-Mar-21 | |
|---|---|---|---|
| Assets | 2,183.61 | 2,179.53 | 1,720.12 |
| Revenue | 1,656.59 | 2,290.07 | 946.35 |
| Profit After Tax | 103.92 | 102.76 | 29.60 |
| Net Worth | 334.47 | 230.56 | 127.79 |
| Reserves & Surplus | 284.47 | 180.56 | 77.79 |
| Total Borrowing | 1,232.02 | 962.81 | 729.75 |
About Falcon Technoprojects India Limited Company
Falcon Technoprojects India Limited was set up in 2014 and offers mechanical, electrical, and plumbing services to its clients across India through its operations in sectors that include petroleum refineries, housing estates, nuclear power, construction, etc.
The company provides MEP services. These services include the design, selection, and installation of integrated mechanical, electrical, and plumbing systems. This includes the installation of air conditioning, power and lighting systems, water supply and drainage, fire protection and fire extinguishing systems, and telephones.
On January 31, 2024, the company had a total of 24 employees.
Falcon Technoprojects India Limited - Promoter(s)
Bharat Shreekishan Parihar
Sheetal Bharat Parihar
Pre Issue Share Holding : 84.20%
Post Issue Share Holding : %
Falcon Technoprojects India Limited IPO - Issue Objectives
Working Capital Requirements of the company
General Corporate Purposes
Contact Details
Falcon Technoprojects India Limited
Unit No. 17/18, 1st Floor, Keshav Building, Vasudev Sky High Complex, Beverly Park, Mira Road East - 401107
+91 22 3512 9249
Registrar Contact Details
Kfin Technologies Limited
04067162222, 04079611000
Falcon Technoprojects India Limited IPO - FAQs
Ans. Falcon Technoprojects India Limited IPO is a SME IPO. The issue is priced at ₹92 per equity share. The minimum order quantity is 1200 Shares. The IPO opens on Jun 19, 2024, and closes on Jun 21, 2024. Kfin Technologies Limited is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
Ans. The Falcon Technoprojects India Limited IPO opens on Jun 19, 2024 and closes on Jun 21, 2024.
Ans. You can track the real-time subscription numbers using the links below:
Ans. The size of Falcon Technoprojects India Limited IPO is 1,488,000 shares(aggregating up to ₹13.69 Cr).
Ans. The Falcon Technoprojects India Limited IPO price band is set between ₹92 per equity share.
Ans. To apply for Falcon Technoprojects India Limited IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find Falcon Technoprojects India 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 Falcon Technoprojects India Limited IPO is Jun 24, 2024.
Ans. The Falcon Technoprojects India Limited IPO will be listed on Jun 26, 2024.
Ans. Follow the steps to check the Falcon Technoprojects India Limited IPO allotment status online.
