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.
Falcon Technoprojects IPO – Details
| IPO Opening Date | 19 June 2024 |
| IPO Closing Date | 21 June 2024 |
| Issue Type | Fixed Price Issue IPO |
| Issue Size | 14,88,000 Shares Worth ₹13.69 Crore Fresh Issue: 14,88,000 Shares Worth ₹13.69 Crore |
| Face Value | ₹10 per equity share |
| IPO Price | ₹92 |
| Market Lot | 1200 Shares |
| Min Order | 1200 Shares (1 Lot) |
| Listing At | NSE SME |
| Register | Kfin Technologies Limited |
| Retail Shares Offered | 50% |
| Other Shares Offered | 50% |
Falcon Technoprojects IPO – Date Schedule
| IPO Open Date | 19 June 2024 |
| IPO Close Date | 21 June 2024 |
| Basis of Allotment | 24 June 2024 |
| Initiation of Refund | 25 June 2024 |
| Credit of Shares to Demat Account | 25 June 2024 |
| IPO Listing Date | 26 June 2024 |
| Cut-off time for UPI mandate confirmation | 5 PM on June 21, 2024 |
Falcon Technoprojects IPO – Lots Size & Price
| Application | Lots | Shares | Amount ( Cut-Off) |
| Retail (Minimum) | 1 | 1200 | ₹1,10,400 |
| Retail (Maximum) | 1 | 1200 | ₹1,10,400 |
| HNI (Minimum) | 2 | 2400 | ₹2,20,800 |
Competitive Strengths
- Experienced Management team having domain knowledge to scale up and expand into new opportunities;
- Dedicated technical & functional team to provide solutions to its customers;
- Experience of handling large & complex projects;
- Multi-year relationships with most customers;
- Improving operational efficiency.
Company Promoters
- Bharat Shreekishan Parihar
- Sheetal Bharat Parihar
Object Of The Issue
- Working Capital Requirements of the company; and
- General Corporate Purposes.
Company Financial
| Particulars | Total Revenue | Total Expense | Profit After Tax | Total Borrowing |
|---|---|---|---|---|
| 31 March 2021 | 9.46 | 9.05 | 0.29 | 7.29 |
| 31 March 2022 | 22.90 | 21.51 | 1.02 | 9.62 |
| 31 March 2023 | 16.56 | 15.17 | 1.03 | 12.32 |
| 31 January 2023 | 10.36 | 9.11 | 0.86 | 7.81 |
Key Performance Indicator
| KPI | Values |
|---|---|
| ROE | 9.68% |
| ROCE | 11.54% |
| RoNW | 9.68% |
| P/BV | 3.96 |
| PAT Margin (%) | 8.39 |
| Pre IPO | Post IPO | |
| EPS (Rs) | 2.69 | 1.95 |
| P/E (x) | 34.25 | 47.22 |
Falcon Technoprojects IPO Promoter Holding
| Pre Issue Share Holding | 84.20% |
| Post Issue Share Holding | – |
Falcon Technoprojects IPO Prospectus
Company Contact Information
| 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 IPO Registrar
| Kfin Technologies Limited Phone: 04067162222, 04079611000 Email: ftil.ipo@kfintech.com Website: https://kosmic.kfintech.com/ipostatus/ |
Falcon Technoprojects IPO Lead Manager(s)
| 1. Kunvarji Finstock Pvt Ltd |
Falcon Technoprojects IPO FAQs
| What is Falcon Technoprojects IPO? Falcon Technoprojects IPO is a SME IPO. The issue is priced at ₹92 per equity share. The IPO is to be listed on NSE SME. |
| When Falcon Technoprojects IPO will open? The IPO is to open on 19 June 2024 for Retails – 50% and Other – 50% Investors. |
| How to Falcon Technoprojects IPO? You can apply for Falcon Technoprojects IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form. |
| How to Apply the Falcon Technoprojects IPO through 5 Paisa? Log in to the 5 Paisa Application with your credentials. Select the IPO. You will see the IPO Name “Falcon Technoprojects”. Click on the Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open a Demat Account with 5 Paisa. |
| How to Apply the Falcon Technoprojects IPO through Edelweiss? Log in to Angle One Application with your credentials. Select the IPO. You will see the IPO Name “Falcon Technoprojects”. Click on the Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Edelweiss. |
| What is Falcon Technoprojects IPO Size? Falcon Technoprojects IPO size is ₹13.69 crores. |
| What is Falcon Technoprojects IPO Price Band? Falcon Technoprojects IPO Price Band is ₹92. |
| What is Falcon Technoprojects IPO Minimum and Maximum Lot Size? The minimum bid is 1200 Shares with ₹1,10,400 amount while the maximum bid is 1200 shares with ₹1,10,400. |
| What is the Falcon Technoprojects IPO Allotment Date? Falcon Technoprojects IPO allotment date is 24 June 2024. |
| What is the Falcon Technoprojects IPO Listing Date? Falcon Technoprojects IPO listing date is 26 June 2024. The IPO is to list on NSE SME. |
