Falcon Technoprojects India IPO Details: Falcon Technoprojects India has set the date for its upcoming IPO, scheduled to open on June 19 and close on June 21. This NSE SME IPO aims to raise ₹13.69 crores. The IPO price band for Falcon Technoprojects India is fixed at ₹92 per share, with a market lot size of 1200 shares.
Specializing in Mechanical, Electrical, and Plumbing (MEP) services, Falcon Technoprojects India Limited is an ISO 9001:2015 certified company. They cater to a diverse clientele across India, including sectors such as Petroleum Refineries, Residential Townships, Atomic Energy, and Civil Construction.
MEP services encompass the installation of systems crucial for creating comfortable and functional building environments. These include air-conditioning, power and lighting, water supply and drainage, fire prevention, and telecommunications systems. Integration of these systems enhances energy efficiency and overall operational effectiveness. Detailed MEP design is crucial for planning, decision-making, accurate documentation, cost estimation, construction, and ongoing facility maintenance.
Falcon Technoprojects India focuses on leveraging robust project management and execution capabilities to deliver projects promptly without compromising quality or profitability. With a significant portion of their revenue generated from MEP projects across diverse industries, they ensure strict adherence to contract specifications, maintaining high standards of quality in every project undertaken.
Falcon Technoprojects India IPO Objectives:
The company proposes to utilize the funds that are being raised through this Issue:
- Working Capital Requirements of the company; and
- General Corporate Purposes
Falcon Technoprojects India IPO Review (Apply or Not)
- Update soon
Falcon Technoprojects India IPO Date & Price Band Details:
| IPO Open: | June 19, 2024 |
| IPO Close: | June 21, 2024 |
| IPO Size: | Approx ₹13.69 Crores, 1,488,000 Equity Shares |
| Face Value: | ₹10 Per Equity Share |
| IPO Price Band: | ₹92 Per Equity Share |
| IPO Listing on: | NSE SME |
| Retail Quota: | 50% of the net offer |
| QIB Quota: | [.]% of the net offer |
| NII Quota: | 50% of the net offer |
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
| Anchor Investors in IPO: | Click Here |
Falcon Technoprojects India IPO Lot Size:
The minimum market lot for the Falcon Technoprojects India IPO consists of 1200 shares, requiring an application amount of ₹110,400.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 1 | 1200 | ₹110,400 |
| Retail Maximum | 1 | 1200 | ₹110,400 |
| S-HNI Minimum | 2 | 2400 | ₹220,800 |
Falcon Technoprojects India IPO Timeline:
The Falcon Technoprojects India IPO is scheduled to open on June 19 and will close on June 21. The allotment date for the IPO is set for June 24, with potential listing on June 26.
| IPO Open Date: | June 19, 2024 |
| IPO Close Date: | June 21, 2024 |
| Basis of Allotment: | June 24, 2024 |
| Refunds: | June 25, 2024 |
| Credit to Demat Account: | June 25, 2024 |
| IPO Listing Date: | June 26, 2024 |
Falcon Technoprojects India IPO GMP Today:
The Grey Market Premium (GMP) for Falcon Technoprojects India’s SME IPO has not commenced as of now. We are actively monitoring and updating the GMP information daily. Please revisit our site soon for the most recent updates on the Grey Market Premium.
Falcon Technoprojects India Company Financial Report
| ₹ in Crores | |||
| Year | Revenue | Expense | PAT |
| 2021 | ₹9.46 | ₹9.05 | ₹0.30 |
| 2022 | ₹22.90 | ₹21.51 | ₹1.03 |
| 2023 | ₹16.57 | ₹15.17 | ₹1.04 |
| 10M 2024 | ₹10.37 | ₹9.11 | ₹0.87 |
Falcon Technoprojects India IPO Valuation – FY2023
Check Falcon Technoprojects India IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| Earning Per Share (EPS): | ₹3.10 per Equity Share |
| Price/Earning P/E Ratio: | 29.66 |
| Return on Net Worth (RoNW): | 23.16% |
| Net Asset Value (NAV): | ₹66.89 per Equity Share |
Peer Group
- NA
Company Promoters
- Bharat Shreekishan Parihar
- Sheetal Bharat Parihar
Falcon Technoprojects India IPO Registrar
Kfin Technologies Limited
Phone: 04067162222, 04079611000
Email: ftil.ipo@kfintech.com
Website: https://kosmic.kfintech.com/ipostatus/
Falcon Technoprojects India IPO Allotment Status
Check Falcon Technoprojects India IPO allotment status on Kfintech website URL. Click Here
Falcon Technoprojects India IPO Lead Managers aka Merchant Bankers
- Kunvarji Finstock Pvt Ltd
Company Address
Falcon Technoprojects India Limited
Unit No. 17/18, 1st Floor, Keshav Building,
Vasudev Sky High Complex, Beverly Park,
Mira Road East – 401107
Phone: +91 22 3512 9249
Email: cs@falcontechnoprojects.com
Website: http://www.falcongroupindia.com/
Falcon Technoprojects India IPO FAQs
- What is the IPO date for Falcon Technoprojects India?
- Falcon Technoprojects India IPO opens on June 19, 2024, and closes on June 21, 2024.
- What is the price band for Falcon Technoprojects India IPO?
- The price band for Falcon Technoprojects India IPO is ₹92 per share.
- What is the minimum market lot for Falcon Technoprojects India IPO?
- The minimum market lot size for Falcon Technoprojects India IPO is 1200 shares.
- What is the application amount for Falcon Technoprojects India IPO?
- The application amount for Falcon Technoprojects India IPO, based on the minimum market lot, is ₹110,400.
- What are the sectors in which Falcon Technoprojects India operates?
- Falcon Technoprojects India provides Mechanical, Electrical, and Plumbing (MEP) services to sectors including Petroleum Refineries, Residential Townships, Atomic Energy, and Civil Construction.
- When is the IPO allotment date for Falcon Technoprojects India?
- The IPO allotment date for Falcon Technoprojects India is June 24, 2024.
- When is Falcon Technoprojects India expected to list on the stock exchange?
- Falcon Technoprojects India IPO is anticipated to list on June 26, 2024, subject to regulatory approvals.
- Where can I find updates on the Grey Market Premium (GMP) for Falcon Technoprojects India IPO?
- GMP updates for Falcon Technoprojects India IPO will be provided on a daily basis. Please visit our platform regularly for the latest information.
- How can I apply for Falcon Technoprojects India IPO?
- Investors can apply for Falcon Technoprojects India IPO through their respective banks using ASBA (Application Supported by Blocked Amount) or through online platforms provided by brokers.
- Is Falcon Technoprojects India an ISO certified company?
- Yes, Falcon Technoprojects India is ISO 9001:2015 certified, ensuring adherence to international quality standards in their operations.
