Falcon Technoprojects IPO description – Established in 2014, Falcon Technoprojects India provides mechanical, electrical, and plumbing (MEP) services to its clients across India and operates in various sectors such as petroleum refineries, housing estates, nuclear power, construction, etc.
Mechanical, Electrical, and Plumbing (MEP) services encompass the essential installations that ensure comfortable and functional spaces for building occupants. These services focus on the design, selection, and integration of mechanical, electrical, and plumbing systems. This includes the installation of air-conditioning units, power and lighting networks, water supply and drainage systems, fire prevention and suppression systems, and telecommunication lines.
Among its notable clients are Mumbai International Airport, L&T, BPCL, HPCL, Lodha Developers, Reliance Industries Limited, and the Shapoorji Pallonji Group. Falcon Technoprojects India has successfully delivered over 145 projects to more than 50 clients across 17 states in India. Over the last three fiscal years, the company has completed contracts valued at more than INR 40 crore.
Promoters of Falcon Technoprojects – Bharat Shreekishan Parihar and Sheetal Bharat Parihar
Table of Contents
Falcon Technoprojects IPO Details
| Falcon Technoprojects IPO Dates | 19 – 21 June 2024 |
| Falcon Technoprojects Issue Price | INR 92 per share |
| Fresh issue | 14,88,000 shares (INR 13.69 crore) |
| Offer For Sale | NIL |
| Total IPO size | 14,88,000 shares (INR 13.69 crore) |
| Minimum bid (lot size) | 1,200 shares (INR 1,10,400) |
| Face Value | INR 10 per share |
| Retail Allocation | 50% |
| Listing On | NSE Emerge |
Falcon Technoprojects Financial Performance
| Â | FY 2021 | FY 2022 | FY 2023 | 10M FY 2024 |
| Revenue | 9.43 | 22.86 | 16.54 | 10.34 |
| Expenses | 9.05 | 21.51 | 15.17 | 9.11 |
| Net income | 0.30 | 1.03 | 1.04 | 0.87 |
Falcon Technoprojects Offer News
- Falcon Technoprojects RHP
- Falcon Technoprojects Draft Prospectus
- ASBA IPO Forms
- Live IPO Subscription Status
- Highest SME IPO Subscription in 2024
Falcon Technoprojects Valuations & Margins
| FY 2021 | FY 2022 | FY 2023 | |
| EPS | 0.88 | 3.07 | 3.10 |
| PE ratio | – | – | 29.68 |
| RONW (%) | 31.07 | 44.57 | 23.16 |
| NAV | 25.56 | 46.11 | 66.89 |
| ROCE (%) | 11.42 | 18.03 | 15.24 |
| EBITDA (%) | 10.80 | 9.46 | 14.44 |
| Debt/Equity | 5.71 | 4.18 | 3.68 |
Falcon Technoprojects IPO GMP Today
| Date | Consolidated IPO GMP | Kostak | Subject to Sauda |
| 25 June 2024 | 25 | – | 10,000 |
| 24 June 2024 | 20 | – | 21,000 |
| 22 June 2024 | 32 | – | 38,000 |
| 21 June 2024 | 30 | – | 32,000 |
| 20 June 2024 | 15 | – | 14,700 |
| 19 June 2024 | 8 | – | 6,000 |
Falcon Technoprojects IPO Subscription – Live Updates
| Category | Non-retail | Retail | Total |
|---|---|---|---|
| Shares Offered | 7,06,800 | 7,06,800 | 14,13,600 |
| 21 Jun 2024 | 44.88 | 80.75 | 62.82 |
| 20 Jun 2024 | 1.76 | 12.21 | 6.98 |
| 19 Jun 2024 | 0.49 | 3.81 | 2.15 |
The market maker reservation portion of 74,400 shares is not included in the above calculations.
Falcon Technoprojects IPO Allotment Status
Falcon Technoprojects IPO allotment status is now available on the KFin Tech website. Click on this link to get allotment status.
Falcon Technoprojects IPO Dates & Listing Performance
| IPO Opening Date | 19 June 2024 |
| IPO Closing Date | 21 June 2024 |
| Finalization of Basis of Allotment | 24 June 2024 |
| Initiation of refunds | 25 June 2024 |
| Transfer of shares to demat accounts | 25 June 2024 |
| IPO Listing Date | 26 June 2024 |
| Opening Price on NSE SME | INR 84 per share (down 8.70%) |
| Closing Price on NSE SME | INR 88.20 per share (down 4.13%) |
Falcon Technoprojects Offer Lead Manager
KUNVARJI FINSTOCK PRIVATE LIMITED
Block B, First Floor, Siddhi Vinayak Towers, Off S. G.
Highway Road, Mouje Makarba, Ahmedabad – 380051
Phone: 022 – 69850000 / 079- 66669000
Email:Â [email protected]
Website:Â www.kunvarji.com
Falcon Technoprojects Offer Registrar
KFIN TECHNOLOGIES LIMITED
Selenium Tower – B, Plot 31 & 32, Gachibowli,
Financial District, Nanakramguda, Serilingampally,
Hyderabad – 500 032, Telangana
Tel:Â +91 40 6716 2222
E-mail:Â [email protected]
Website:Â www.kfintech.com
Falcon Technoprojects Issue Contact Details
FALCON TECHNOPROJECTS INDIA LIMITED
Unit No. 17/18, 1st Floor, Keshav Building, Vasudev Sky High
Complex, Beverly Park, Mira Road (E), Maharashtra – 401107
Phone: +91 22 3512 9249
E-mail: [email protected]
Website: www.falcongroupindia.com
IPO FAQs
What is the Falcon Technoproject’s offer size?
Falcon Technoproject’s offer size is INR 13.69 crores.
What is the Falcon Technoprojects offer price band?
Falcon Technoproject’s public offer price is INR 92 per share.
What is the lot size of the Falcon Technoprojects IPO?
Falcon Technoprojects offers lot size of 1,200 shares.
What is Falcon Technoprojects IPO GMP today?
Falcon Technoprojects IPO GMP today is INR 12 per share.
What is the Falcon Technoprojects kostak rate today?
Falcon Technoprojects’ kostak rate today is INR NA per application.
What are Falcon Technoprojects Subject to the Sauda rate today?
Falcon Technoprojects is Subject to the Sauda rate today, which is INR 10,000 per application.
