Faalcon Concepts Limited
Fixed Price Issue IPO · BSE
- Price band
- ₹62 - ₹62
- Lot size
- 2,000 shares
- Issue amount
- ₹12.09 cr
- Total subscription
- 71.34×
- Opens
- 19 Apr 2024
- Closes
- 23 Apr 2024
- Allotment
- 24 Apr 2024
- Listing
- 26 Apr 2024
Offer at a glance
Issue overview
- Issue size
- 19,50,000 shares
- Face value
- ₹10 Per Equity Share
- Minimum investment
- ₹1,24,000
- Fresh issue
- ₹12.09 cr
- Offer for sale
- ₹0 cr
- Registrar
- Beetal Financial & Computer Services (P) Limited
- Listing exchange
- BSE
- Maximum investment
- ₹1,24,000
- Issue type
- Fixed Price Issue IPO
- Shares before issue
- 48,80,120
- Shares after issue
- 68,30,120
Lot sizes
| Category | Lots | Shares | Amount |
|---|---|---|---|
| RETAIL | 1 | 2,000 | ₹1,24,000 |
| HNI | 2 | 4,000 | ₹2,48,000 |
Share reservation
Subscription & GMP
Subscription by category
Missing multiples are calculated from bids and offered shares when available.
GMP history
Subscription demand
Amounts in ₹ crore. HNI subcategories are included in the NII total.
| Category | Offered | Demand |
|---|---|---|
| RETAIL | 5.74 | 270.84 |
Financial performance
Company financials
In Lakhs · Reported periods may include interim results.
Key performance indicators
| Metric | Oct-23 | Mar-23 | Mar-22 |
|---|---|---|---|
| EPS | 2.31 | 3.69 | 2.01 |
| ROE | 27.49 | 78.64 | 129.31 |
| ROCE | 26.18 | 71.75 | 102.9 |
| RONW | 20.88 | 54.81 | 75.8 |
| PRE IPO(PE) | 9.21 | 0 | 0 |
| POST IPO(PE) | 16.85 | 0 | 0 |
Values and labels as reported in the issue data.
Company information
Company profile
Founded in 2018, Faalcon Concepts Limited specializes in designing, fabricating, and installing modern facade systems. They offer innovative solutions that protect against UV rays, acid rain, dust, noise, and other environmental factors. Their wide range of products includes glazing/curtain walls, aluminum doors and windows, skylights, canopies, frameless glazing, MS structures, stone and metal cladding, roofing, and more. Faalcon Concepts has worked with well-known companies like Espirit Techno Consultant Pvt. Ltd, Galaxy Magnum Infra Height Limited, Babbar Films, Maconns Infra Pvt. Ltd, Silvers 107 Stone Regency Pvt. Ltd, and St. Xavier School Gurgaon. Their services span multiple states in India—Haryana, Uttar Pradesh, Rajasthan, Madhya Pradesh, Karnataka, Gujarat, Punjab, and Delhi—as well as international locations. As of December 23, 2023, the company had a dedicated team of 26 skilled professionals committed to delivering top-quality work.
Strengths
- Deep Industry Expertise: The management team’s strong understanding of the industry helps them identify market trends, tap new opportunities, and create effective growth strategies, keeping the company ahead of competitors.
- Strong Client Loyalty and Repeat Orders: The company consistently attracts high-quality clients and receives repeat business, reflecting customer trust and satisfaction. This ensures stable revenue and boosts its market reputation.
- Smooth and Efficient Operations: Well-structured processes and effective resource management support timely delivery, cost control, and high productivity, enabling the company to scale without operational challenges.
Risk factors
- Revenue Dependence on Key Clients: Relying heavily on a few major customers exposes the company to financial risk. Any reduction in orders or termination of business relationships could significantly affect revenue and overall stability.
- Uncertainty from Leased Office Spaces: Operating from rented premises creates risks such as rising rents, lease disputes, or non-renewal, which can disrupt operations and increase long-term costs, impacting profitability.
- Exposure to Unsecured Loan Risks: The presence of unsecured loans that can be recalled at any time puts pressure on the company’s liquidity. Sudden repayment demands may strain cash flow, hurt creditworthiness, and limit the ability to fund growth or manage daily operations effectively.
Promoters
Mrs. Ekta Seth
Mr. Tribhuvan Seth
Mr. Prithvi Seth
Registrar & documents
Lead manager
Navigant Corporate Advisors Limited
Registrar & contacts
Beetal Financial & Computer Services (P) Limited
[email protected]Official registrar portal ↗IPO allotment status guide →Registered office
N-75 Ground Floor Mayfield Garden, Sector-51NA, Gurgaon -122018
+ 91-124-4383074
[email protected]Company website ↗Understanding FAALCON IPO data
Compare the price band and required investment with the company profile, financial results and offer documents. Subscription figures show reported demand by category; they do not establish the value of the business. GMP is an unofficial indication and can change before listing.