Faalcon Concepts IPO
Live Updates, GMP, Subscription Data, and Financial Details
IPO Overview
Listed
Dates
Apr 19 to Apr 23 2024
Price Band
₹62
Current GMP
₹95(53.23%)
Subscription
71.28 times
IPO Details
| IPO Date | April 19, 2024 to April 23, 2024 |
| Listing Date | Friday, April 26, 2024 |
| Face Value | ₹10 per share |
| Price | ₹62 per share |
| Lot Size | 2000 Shares |
| Total Issue Size | 1,950,000 shares (aggregating up to ₹12.09 Cr) |
| Fresh Issue | 1,950,000 shares (aggregating up to ₹12.09 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | BSE SME |
| Share holding pre issue | 4,880,120 |
| Share holding post issue | 6,830,120 |
| Market Maker portion | 98,000 shares Alacrity Securities |
IPO Date
April 19, 2024 to April 23, 2024
Listing Date
Friday, April 26, 2024
Face Value
₹10 per share
Price
₹62 per share
Lot Size
2000 Shares
Total Issue Size
1,950,000 shares (aggregating up to ₹12.09 Cr)
Fresh Issue
1,950,000 shares (aggregating up to ₹12.09 Cr)
Issue Type
Fixed Price Issue IPO
Listing At
BSE SME
Share holding pre issue
4,880,120
Share holding post issue
6,830,120
Market Maker portion
98,000 shares Alacrity Securities
IPO Subscription Details
| Market Maker | 1 |
| Non-Institutional Buyers*** | 93.27 |
| Retail Investors | 47.17 |
| Total ** | 71.28 |
Market Maker
1
Non-Institutional Buyers***
93.27
Retail Investors
47.17
Total **
71.28
Day Wise Sub
| Day | NII* | Retail | Total |
|---|---|---|---|
| Day 1 Apr 19, 2024 | 0.56 | 2.63 | 1.60 |
| Day 2 Apr 22, 2024 | 1.88 | 12.14 | 7.02 |
| Day 3 Apr 23, 2024 | 93.27 | 47.17 | 71.28 |
DayDay 1
Apr 19, 2024
NII*0.56
Retail2.63
Total1.60
DayDay 2
Apr 22, 2024
NII*1.88
Retail12.14
Total7.02
DayDay 3
Apr 23, 2024
NII*93.27
Retail47.17
Total71.28
Day Wise GMP
| Date | Price | GMP | Estimate List Price |
|---|---|---|---|
| 26-04-2024 | 62.00 | 5(8.06%) | 67 |
| 25-04-2024 | 62.00 | 10(16.13%) | 72 |
| 24-04-2024 | 62.00 | 10(16.13%) | 72 |
| 23-04-2024 | 62.00 | 6(9.68%) | 68 |
| 22-04-2024 | 62.00 | 5(8.06%) | 67 |
| 21-04-2024 | 62.00 | 5(8.06%) | 67 |
| 20-04-2024 | 62.00 | 5(8.06%) | 67 |
| 19-04-2024 | 62.00 | 0(0.0%) | 62 |
| 18-04-2024 | 62.00 | 0(0.0%) | 62 |
| 17-04-2024 | 62.00 | 0(0.0%) | 62 |
| 16-04-2024 | 62.00 | 0(0.0%) | (0%) |
| 15-04-2024 | 62.00 | 0(0.0%) | (0%) |
Date26-04-2024
Price62.00
GMP5(8.06%)
Estimate List Price67
Date25-04-2024
Price62.00
GMP10(16.13%)
Estimate List Price72
Date24-04-2024
Price62.00
GMP10(16.13%)
Estimate List Price72
Date23-04-2024
Price62.00
GMP6(9.68%)
Estimate List Price68
Date22-04-2024
Price62.00
GMP5(8.06%)
Estimate List Price67
Date21-04-2024
Price62.00
GMP5(8.06%)
Estimate List Price67
Date20-04-2024
Price62.00
GMP5(8.06%)
Estimate List Price67
Date19-04-2024
Price62.00
GMP0(0.0%)
Estimate List Price62
Date18-04-2024
Price62.00
GMP0(0.0%)
Estimate List Price62
Date17-04-2024
Price62.00
GMP0(0.0%)
Estimate List Price62
Date16-04-2024
Price62.00
GMP0(0.0%)
Estimate List Price(0%)
Date15-04-2024
Price62.00
GMP0(0.0%)
Estimate List Price(0%)
IPO Important Dates
| IPO Open Date | Friday, April 19, 2024 |
| IPO Close Date | Tuesday, April 23, 2024 |
| Basis of Allotment | Wednesday, April 24, 2024 |
| Initiation of Refunds | Thursday, April 25, 2024 |
| Credit of Shares to Demat | Thursday, April 25, 2024 |
| Listing Date | Friday, April 26, 2024 |
| Cut-off time for UPI mandate confirmation | 5 PM on April 23, 2024 |
IPO Open Date
Friday, April 19, 2024
IPO Close Date
Tuesday, April 23, 2024
Basis of Allotment
Wednesday, April 24, 2024
Initiation of Refunds
Thursday, April 25, 2024
Credit of Shares to Demat
Thursday, April 25, 2024
Listing Date
Friday, April 26, 2024
Cut-off time for UPI mandate confirmation
5 PM on April 23, 2024
IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 2000 | ₹124,000 |
| Retail (Max) | 1 | 2000 | ₹124,000 |
| HNI (Min) | 2 | 4,000 | ₹248,000 |
ApplicationRetail (Min)
Lots1
Shares2000
Amount₹124,000
ApplicationRetail (Max)
Lots1
Shares2000
Amount₹124,000
ApplicationHNI (Min)
Lots2
Shares4,000
Amount₹248,000
Financial Information
| Period Ended | 31 Oct 2023 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|
| Period Ended | 31 Oct 2023 | 31 Mar 2023 | 31 Mar 2022 |
| Assets | 1,417.67 | 1,292.64 | 916.77 |
| Revenue | 1,249.11 | 1,324.81 | 1,852.93 |
| Profit After Tax | 131.82 | 179.52 | 97.79 |
| Net Worth | 631.39 | 327.53 | 129.02 |
| Reserves and Surplus | 143.37 | 325.26 | 127.61 |
| Total Borrowing | 366.04 | 190.58 | 67.10 |
Period EndedPeriod Ended
31 Oct 202331 Oct 2023
31 Mar 202331 Mar 2023
31 Mar 202231 Mar 2022
Period EndedAssets
31 Oct 20231,417.67
31 Mar 20231,292.64
31 Mar 2022916.77
Period EndedRevenue
31 Oct 20231,249.11
31 Mar 20231,324.81
31 Mar 20221,852.93
Period EndedProfit After Tax
31 Oct 2023131.82
31 Mar 2023179.52
31 Mar 202297.79
Period EndedNet Worth
31 Oct 2023631.39
31 Mar 2023327.53
31 Mar 2022129.02
Period EndedReserves and Surplus
31 Oct 2023143.37
31 Mar 2023325.26
31 Mar 2022127.61
Period EndedTotal Borrowing
31 Oct 2023366.04
31 Mar 2023190.58
31 Mar 202267.10
Key Performance Indicator
| ROE | 27.49% |
| ROCE | 26.18% |
| Debt/Equity | 0.58 |
| RoNW | 20.88% |
| P/BV | 9.21 |
| PAT Margin (%) | 10.57 |
| EPS (Rs) | 3.68 |
ROE
27.49%
ROCE
26.18%
Debt/Equity
0.58
RoNW
20.88%
P/BV
9.21
PAT Margin (%)
10.57
EPS (Rs)
3.68
IPO Reservation
| Anchor Investor Shares Offered | - |
| Market Maker Shares Offered | 98,000 (5.03%) |
| Other Shares Offered | 926,000 (47.49%) |
| Retail Shares Offered | 926,000 (47.49%) |
| Total Shares Offered | 1,950,000 (100%) |
Anchor Investor Shares Offered
-
Market Maker Shares Offered
98,000 (5.03%)
Other Shares Offered
926,000 (47.49%)
Retail Shares Offered
926,000 (47.49%)
Total Shares Offered
1,950,000 (100%)
Information about company
Founded in 2018, Faalcon Concepts Limited deals with the planning, design, fabrication, and installation of façade systems.
The company offers facades resistant to UV rays, acid rain, dust, noise, and other influences. Faalcon Concepts' product portfolio includes glazing/curtain walls, aluminium doors and windows, skylights, canopies, frameless glazing, MS structures, stone cladding, metal cladding, and roofing.
The company's customer list includes companies like 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 catered to customers in various states like Haryana, Uttar Pradesh, Rajasthan, Madhya Pradesh, Karnataka, Gujrat, Punjab, Delhi and overseas.
As of December 23, 2023, the company had 26 employees.
Objectives of IPO
The company intends to utilize the net proceeds from the issue towards the funding of the following objects:
To finance the Capital Expenditure for the purchase of facade Structural Equipments;
To part finance the requirement of Working Capital; and
To meet General corporate purposes.
Disclaimer
All matter published here is purely for educational and information purposes only and under no circumstances should be used for making investment decisions.
We are not a SEBI Registered analyst. Readers must consult a qualified financial advisor prior to making any actual investment decisions, based on Information published on this application.
No financial information whatsoever published anywhere, within this application, should be considered as advice to buy or sell securities or invest in IPOs, or as a guide to doing so in any way whatsoever
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