Falcon Technoprojects India IPO
Live Updates, GMP, Subscription Data, and Financial Details
IPO Overview
Listed
Dates
Jun 19 to Jun 21 2024
Price Band
₹92
Current GMP
₹82(-10.86%)
Subscription
65.32 times
IPO 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 |
| Total 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 |
| Market Maker portion | 74,400 shares Nikunj Stock Brokers |
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
Total 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
Market Maker portion
74,400 shares Nikunj Stock Brokers
IPO Subscription Details
| Market Maker | 1 |
| Non-Institutional Buyers*** | 45.02 |
| Retail Investors | 82.72 |
| Total ** | 65.32 |
Market Maker
1
Non-Institutional Buyers***
45.02
Retail Investors
82.72
Total **
65.32
Day Wise Sub
| Day | NII* | Retail | Total |
|---|---|---|---|
| Day 1 Jun 19, 2024 | 0.51 | 4.01 | 2.26 |
| Day 2 Jun 20, 2024 | 1.65 | 12.49 | 7.07 |
| Day 3 Jun 21, 2024 | 45.02 | 82.72 | 65.32 |
DayDay 1
Jun 19, 2024
NII*0.51
Retail4.01
Total2.26
DayDay 2
Jun 20, 2024
NII*1.65
Retail12.49
Total7.07
DayDay 3
Jun 21, 2024
NII*45.02
Retail82.72
Total65.32
Day Wise GMP
| Date | Price | GMP | Estimate List Price |
|---|---|---|---|
| 26-06-2024 | 92.00 | 0(0.0%) | 92 |
| 25-06-2024 | 92.00 | 0(0.0%) | 92 |
| 24-06-2024 | 92.00 | 0(0.0%) | 92 |
| 23-06-2024 | 92.00 | 0(0.0%) | 92 |
| 22-06-2024 | 92.00 | 2(2.17%) | 94 |
| 21-06-2024 | 92.00 | 10(10.87%) | 102 |
| 20-06-2024 | 92.00 | 33(35.87%) | 125 |
| 19-06-2024 | 92.00 | 23(25.0%) | 115 |
| 18-06-2024 | 92.00 | 8(8.7%) | 100 |
| 17-06-2024 | 92.00 | 0(0.0%) | 92 |
| 16-06-2024 | 92.00 | 0(0.0%) | 92 |
| 15-06-2024 | 92.00 | 0(0.0%) | 92 |
| 14-06-2024 | 92.00 | 0(0.0%) | 92 |
| 13-06-2024 | 92.00 | 0(0.0%) | 92 |
Date26-06-2024
Price92.00
GMP0(0.0%)
Estimate List Price92
Date25-06-2024
Price92.00
GMP0(0.0%)
Estimate List Price92
Date24-06-2024
Price92.00
GMP0(0.0%)
Estimate List Price92
Date23-06-2024
Price92.00
GMP0(0.0%)
Estimate List Price92
Date22-06-2024
Price92.00
GMP2(2.17%)
Estimate List Price94
Date21-06-2024
Price92.00
GMP10(10.87%)
Estimate List Price102
Date20-06-2024
Price92.00
GMP33(35.87%)
Estimate List Price125
Date19-06-2024
Price92.00
GMP23(25.0%)
Estimate List Price115
Date18-06-2024
Price92.00
GMP8(8.7%)
Estimate List Price100
Date17-06-2024
Price92.00
GMP0(0.0%)
Estimate List Price92
Date16-06-2024
Price92.00
GMP0(0.0%)
Estimate List Price92
Date15-06-2024
Price92.00
GMP0(0.0%)
Estimate List Price92
Date14-06-2024
Price92.00
GMP0(0.0%)
Estimate List Price92
Date13-06-2024
Price92.00
GMP0(0.0%)
Estimate List Price92
IPO Important Dates
| IPO Open Date | Wednesday, June 19, 2024 |
| IPO Close Date | Friday, June 21, 2024 |
| Basis of Allotment | Monday, June 24, 2024 |
| Initiation of Refunds | Tuesday, June 25, 2024 |
| Credit of Shares to Demat | Tuesday, June 25, 2024 |
| Listing Date | Wednesday, June 26, 2024 |
| Cut-off time for UPI mandate confirmation | 5 PM on June 21, 2024 |
IPO Open Date
Wednesday, June 19, 2024
IPO Close Date
Friday, June 21, 2024
Basis of Allotment
Monday, June 24, 2024
Initiation of Refunds
Tuesday, June 25, 2024
Credit of Shares to Demat
Tuesday, June 25, 2024
Listing Date
Wednesday, June 26, 2024
Cut-off time for UPI mandate confirmation
5 PM on June 21, 2024
IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1200 | ₹110,400 |
| Retail (Max) | 1 | 1200 | ₹110,400 |
| HNI (Min) | 2 | 2,400 | ₹220,800 |
ApplicationRetail (Min)
Lots1
Shares1200
Amount₹110,400
ApplicationRetail (Max)
Lots1
Shares1200
Amount₹110,400
ApplicationHNI (Min)
Lots2
Shares2,400
Amount₹220,800
Financial Information
| Period Ended | 31 Jan 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|
| Period Ended | 31 Jan 2024 | 31 Mar 2023 | 31 Mar 2022 |
| Assets | 2,143.72 | 2,183.61 | 2,179.53 |
| Revenue | 1,036.62 | 1,656.59 | 2,290.07 |
| Profit After Tax | 86.98 | 103.92 | 102.76 |
| Net Worth | 898.75 | 334.47 | 230.56 |
| Reserves and Surplus | 511.87 | 284.47 | 180.56 |
| Total Borrowing | 781.04 | 1,232.02 | 962.81 |
Period EndedPeriod Ended
31 Jan 202431 Jan 2024
31 Mar 202331 Mar 2023
31 Mar 202231 Mar 2022
Period EndedAssets
31 Jan 20242,143.72
31 Mar 20232,183.61
31 Mar 20222,179.53
Period EndedRevenue
31 Jan 20241,036.62
31 Mar 20231,656.59
31 Mar 20222,290.07
Period EndedProfit After Tax
31 Jan 202486.98
31 Mar 2023103.92
31 Mar 2022102.76
Period EndedNet Worth
31 Jan 2024898.75
31 Mar 2023334.47
31 Mar 2022230.56
Period EndedReserves and Surplus
31 Jan 2024511.87
31 Mar 2023284.47
31 Mar 2022180.56
Period EndedTotal Borrowing
31 Jan 2024781.04
31 Mar 20231,232.02
31 Mar 2022962.81
Key Performance Indicator
| ROE | 9.68% |
| ROCE | 11.54% |
| RoNW | 9.68% |
| P/BV | 3.96 |
| PAT Margin (%) | 8.39 |
| EPS (Rs) | 2.69 |
ROE
9.68%
ROCE
11.54%
RoNW
9.68%
P/BV
3.96
PAT Margin (%)
8.39
EPS (Rs)
2.69
IPO Reservation
| Anchor Investor Shares Offered | - |
| Market Maker Shares Offered | 74,400 (5.00%) |
| Other Shares Offered | 706,800 (47.50%) |
| Retail Shares Offered | 706,800 (47.50%) |
| Total Shares Offered | 1,488,000 (100%) |
Anchor Investor Shares Offered
-
Market Maker Shares Offered
74,400 (5.00%)
Other Shares Offered
706,800 (47.50%)
Retail Shares Offered
706,800 (47.50%)
Total Shares Offered
1,488,000 (100%)
Information about company
Established in 2014, Falcon Technoprojects India Limited provides mechanical, electrical and plumbing services to its clients across India and operates in various sectors such as petroleum refineries, housing estates, nuclear power, construction, etc.
The company offers mechanical, electrical and plumbing (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.
Objectives of IPO
The company proposes to utilize the funds that are being raised through this Issue:
Working Capital Requirements of the company; and
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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