Falcon Technoprojects India Ltd
Price Range
₹92
Min. Quantity
1,200
Closes on
21 June 2024
Min. investment
₹1,10,400/1,200 Shares
Falcon Technoprojects India Ltd IPO Timeline
In the year 2010, Mr. Bharat Shreekishan Parihar established MEP consulting and contracting business as sole proprietorship firm. The business operations gradually scaled up and with all project solutions under one roof, he founded 'Falcon Technoprojects India Private Limited' in September, 2014 issued by the Registrar of Companies, Mumbai, Maharashtra. The Company thereafter got converted to Public Limited and consequently, the name of Company was changed to 'Falcon Technoprojects India Limited'. A fresh Certificate of Incorporation dated June 30, 2023 was issued to Company by the RoC. The Company is engaged in providing installation of Mechanical, Electrical and Plumbing (MEP) services. These services are operating in sectors including Petroleum Refineries, Residential Townships, Atomic Energy, Civil Construction, etc.
| Event | Date |
|---|---|
| Falcon Technoprojects India Ltd IPO Opening Date | 19 June 2024 |
| Falcon Technoprojects India Ltd IPO Closing Date | 21 June 2024 |
| Basis of Allotment | 24 June 2024 |
| Initiation of Refunds | 25 June 2024 |
| Credit of Shares to Demat | 25 June 2024 |
| Falcon Technoprojects India Ltd IPO Listing Date | 26 June 2024 |
Falcon Technoprojects India Ltd IPO Details
| Falcon Technoprojects India Ltd IPO Date | 19 June 2024 to 21 June 2024 |
| Falcon Technoprojects India Ltd IPO Face Value | ₹10 per share |
| Falcon Technoprojects India Ltd IPO Price | ₹92 to ₹0 per share |
| Falcon Technoprojects India Ltd IPO Lot Size | 1,200 |
| Issue Size | Shares of ₹10 (aggregating up to ₹13.69 Cr) |
| Fresh Issue | Shares of ₹10 (aggregating up to ₹13.69 Cr) |
| Offer for Sale | - |
| Issue Type | Fixed Price - SME |
| Listing At | NSE - SME |
| QIB Shares Offered | - |
| Retail Shares Offered | - |
| NII (HNI) Shares Offered | - |
| Company Promoters | Bharat Shreekishan Parihar, Sheetal Bharat Pahihar |
Falcon Technoprojects India Ltd IPO Lot Size
The Falcon Technoprojects India Ltd IPO lot size is 1,200 shares. A retail-individual investor can apply for up to 1 lots (1,200 shares or ₹1,10,400).
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Minimum | 1 | 1,200 | ₹1,10,400 |
| Maximum | 1 | 1,200 | ₹1,10,400 |
- Strengths
- Risks
- Opportunities
- Experienced Management team having domain knowledge to scale up and expand into new opportunities.
- Dedicated technical & functional team to provide solutions to its customers.
- Experience of handling large & complex projects.
- Multi-year relationships with most customers.
- Improving operational efficiency.
Company Financials
Falcon Technoprojects India Ltd Financial Information (Restated)
| Period Ended | Total Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| 03-2024 | 21.05 | 11.47 | 0.87 |
| 03-2023 | 21.97 | 16.57 | 0.90 |
| 03-2022 | 21.8 | 22.9 | 1.03 |
| Amount in ₹ Crore | |||
Objects of the Issue
The company proposes to utilise the Net Proceeds from the Fresh Issue towards funding the following objects:
- Working capital requirements of the company
- General corporate purposes
Falcon Technoprojects India Ltd IPO Promoter Holding
| Pre Issue Share Holding | 65.15% |
| Post Issue Share Holding | 47.05% |
Falcon Technoprojects India Ltd IPO Subscription Status (Bidding Detail)
The Falcon Technoprojects India Ltd IPO is subscribed 63 times on 21 June 2024 05:00:00 PM. The public issue subscribed 0 times in the retail category, 0 times in the QIB category, and 0 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | QIB | NII | Retail | Employee | Total |
| Subscription (times) | - | - | - | - | 63 |
Falcon Technoprojects India Ltd IPO Prospectus
Falcon Technoprojects India Ltd IPO Listing Date
| Listing Date | 26 June 2024 |
| BSE Script | 92603 |
| NSE Symbol | FALCONTECH |
| Listing In | NSE - SME |
| ISIN | INE0PQK01013 |
| IPO Price | ₹92 |
| Face Value | ₹10 |
Company Contact Information
Unit #17/18 1st Flr Keshav BldVa S.Hi.Cmpx Bave.Park Mira Rd,Mumbai-401107
Phone: +91 22 3512 9249
Email: cs@falcontechnoprojects.com
Website: www.falcongroupindia.com
Falcon Technoprojects India Ltd IPO Registrar
Falcon Technoprojects India Ltd IPO Lead Manager(s)
- Kunvarji Finstock Pvt Ltd
FAQ
What is the issue size of Falcon Technoprojects India Ltd IPO?
I have pre-applied for Falcon Technoprojects India Ltd IPO. When will my order get placed?
In case of pre-apply, your IPO order will be placed on the Exchange as soon as the official bidding for TBI Corn Ltd IPO begins. You will receive a UPI request within 24 hours after the bidding period opens.