The Falcon Technoprojects India Limited date has been confirmed from June 19, 2024 and closes on June 21, 2024. Read the post to learn about Falcon Technoprojects India Limited IPO GMP.
Falcon Technoprojects India IPO is a fixed price issue of Rs 13.69 crores. The issue is entirely a fresh issue of 14.88 lakh shares. The minimum amount of investment required by retail investors is ₹110,400. The minimum lot size investment for HNI is 2 lots (2,400 shares) amounting to ₹220,800.
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Key Details Of Falcon Technoprojects India Limited IPO
Bidding Dates
June 19-21
Price Range
₹92 per share
Face Value
₹10 per share
GMP
₹23
Falcon Technoprojects India Limited IPO GMP
The Falcon Technoprojects India Limited IPO GMP is ₹23.
IPO Overview
Falcon Technoprojects India IPO opens for subscription on June 19, 2024 and closes on June 21, 2024. The allotment for the Falcon Technoprojects India IPO is expected to be finalized on Monday, June 24, 2024. Falcon Technoprojects India IPO will list on NSE SME with tentative listing date fixed as Wednesday, June 26, 2024. Falcon Technoprojects India IPO price is ₹92 per share. The minimum lot size for an application is 1200 Shares.
Falcon Technoprojects India Limited IPO Details
| IPO Date | June 19, 2024 to June 21, 2024 |
| Listing Date | [.] |
| Face Value | ₹10 per share |
| Price | ₹92 per share |
| Lot Size | 1200 Shares |
| Total Issue Size | 1,488,000 shares (aggregating up to ₹13.69 Cr) |
| Fresh Issue | 1,488,000 shares (aggregating up to ₹13.69 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | NSE SME |
| Share holding pre issue | 3,868,793 |
| Share holding post issue | 5,356,793 |
| Market Maker portion | 74,400 shares Nikunj Stock Brokers |
Falcon Technoprojects India Limited Financial Information
| Period Ended | 31 Jan 2024 | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
| Assets | 2,143.72 | 2,183.61 | 2,179.53 | 1,720.12 |
| Revenue | 1,036.62 | 1,656.59 | 2,290.07 | 946.35 |
| Profit After Tax | 86.98 | 103.92 | 102.76 | 29.60 |
| Net Worth | 898.75 | 334.47 | 230.56 | 127.79 |
| Reserves and Surplus | 511.87 | 284.47 | 180.56 | 77.79 |
| Total Borrowing | 781.04 | 1,232.02 | 962.81 | 729.75 |
| Amount in ₹ Lakhs | ||||
Falcon Technoprojects India Limited IPO Timeline
| IPO Open Date | Wednesday, June 19, 2024 |
| IPO Close Date | Friday, June 21, 2024 |
| Basis of Allotment | Monday, June 24, 2024 |
| Initiation of Refunds | Tuesday, June 25, 2024 |
| Credit of Shares to Demat | Tuesday, June 25, 2024 |
| Listing Date | Wednesday, June 26, 2024 |
| Cut-off time for UPI mandate confirmation | 5 PM on June 21, 2024 |
Company Profile
Falcon Group’s Company (FGC) is a Mumbai-based company that focuses on MEP, Fire Alarm System, Networking System, Security & Surveillance System, CCTV & Access Control System, Intercom System, Solar Rooftop PV Module Installation, Solar Water Heater, Gate Automation System, Civil & Construction Work, Building Painting, Sliding Window, Grill, Railing, and Fabrication Work. They have been in operation since 2010.
We have always taken a special approach to our clients, meeting their individual needs and exceeding their expectations. FGC is
backed by a skilled team dedicated to providing top-notch MEP and security services. Our expert managers, engineers, and technicians help us secure a significant portion of the market.
Registrar Info
| Name | Kfin Technologies Limited |
| Phone number | 04067162222, 04079611000 |
| Email ID | [email protected] |
| Website | kosmic.kfintech.com |
Contact Details
| Name | Falcon Technoprojects India Limited |
| Phone number | +91 22 3512 9249 |
| Email ID | [email protected] |
| Website | falcongroupindia.com |
IPO Strenghts
- Experienced promoters and a competent management team.
- Well-established relationships with a loyal customer base.
- Access to markets worldwide, enabling global reach.
IPO Weakness
- Heavy reliance on customers based in the United States.
- Need to adhere to multiple laws and regulations in these countries to ensure compliance.
- Competition from other players in the market.
Falcon Technoprojects India Limited IPO FAQs
When Falcon Technoprojects India IPO will open?
The Falcon Technoprojects India IPO opens on June 19, 2024 and closes on June 21, 2024.
What is the lot size of Falcon Technoprojects India IPO?
Falcon Technoprojects India IPO lot size is 1200 Shares, and the minimum amount required is ₹110,400.
When is Falcon Technoprojects India IPO listing date?
The Falcon Technoprojects India IPO listing date is not yet announced. The tentative date of Falcon Technoprojects India IPO listing is Wednesday, June 26, 2024.
