Falcon Technoprojects India Limited
Fixed Price IPO · NSE
- Price band
- ₹92 - ₹92
- Lot size
- 1,200 shares
- Issue amount
- ₹13.69 cr
- Total subscription
- 62.99×
- Opens
- 19 Jul 2024
- Closes
- 21 Jul 2024
- Allotment
- 24 Jul 2024
- Listing
- 26 Jul 2024
Offer at a glance
Issue overview
- Issue size
- 14,88,000 shares
- Face value
- ₹10 per share
- Minimum investment
- ₹1,10,400
- Fresh issue
- ₹13.69 cr
- Offer for sale
- ₹0 cr
- Registrar
- Kfin Technologies Limited
- Listing exchange
- NSE
- Maximum investment
- ₹1,10,400
- Issue type
- Fixed Price IPO
- Shares before issue
- 38,68,793
- Shares after issue
- 53,56,793
Lot sizes
| Category | Lots | Shares | Amount |
|---|---|---|---|
| RETAIL | 1 | 1,200 | ₹1,10,400 |
| HNI | 2 | 2,400 | ₹2,20,800 |
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 | 6.5 | 527.07 |
| NIB | 6.5 | 292.09 |
Financial performance
Company financials
In Lakhs · Reported periods may include interim results.
Key performance indicators
| Metric | Jan-24 | Mar-23 | Mar-22 |
|---|---|---|---|
| EPS | 2.44 | 0.88 | 3.07 |
| ROE | 9.68 | 31.07 | 44.57 |
| ROCE | 11.54 | 15.24 | 18.03 |
| RONW | 9.68 | 23.16 | 44.57 |
| PRE IPO(PE) | 34.25 | 0 | 0 |
| POST IPO(PE) | 47.22 | 0 | 0 |
Values and labels as reported in the issue data.
Company information
Company profile
Falcon Technoprojects India Limited, established in 2014, specializes in providing comprehensive mechanical, electrical, and plumbing (MEP) services across various sectors in India, including petroleum refineries, housing estates, nuclear power, and construction. The company's MEP services encompass the design, selection, and installation of integrated systems such as air conditioning, power and lighting, water supply and drainage, fire protection and extinguishing systems, and telecommunication setups. As of January 31, 2024, Falcon Technoprojects India Limited operates with a dedicated team of 24 employees, ensuring tailored solutions to meet the diverse needs of its clients while maintaining high standards of quality and efficiency in its projects.
Strengths
- Experienced Leadership: Falcon Techno Projects India Limited is led by a knowledgeable management team, helping the company grow and seize new opportunities.
- Skilled Technical & Functional Team: The company’s dedicated team of experts provides tailored solutions to meet customer requirements effectively.
- Proven Expertise in Large Projects: With experience in handling large and complex projects, Falcon Techno Projects consistently delivers high-quality services across different sectors.
Risk factors
- Revenue Dependency: Falcon Technoprojects earns a large part of its income from only a few customers. If these customers stop working with the company or reduce their orders, it could hurt the company's financial health and future growth.
- Office Lease: The company operates from a rented office, not its own property, which could bring risks and uncertainties if there are any changes in the lease agreement.
- Market Competition: Falcon Technoprojects works in a highly competitive market, where strong competition from other companies could impact its business growth and profits.
Promoters
Bharat Shreekishan Parihar
Sheetal Bharat Parihar
Registrar & documents
Lead manager
Kunvarji Finstock Private Limited
Registrar & contacts
Kfin Technologies Limited
[email protected]Official registrar portal ↗IPO allotment status guide →Registered office
Unit No. 17/18, 1st Floor, Keshav Building, Vasudev Sky High Complex, Beverly Park, Mira Road East - 401107
+91 22 3512 9249
[email protected]Company website ↗Understanding FALCONTECH 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.