The Faalcon Concepts date has been confirmed from April 19, 2024 and closes on April 23, 2024. Read the post to learn about Faalcon Concepts Limited IPO GMP.
The Faalcon Concepts Developers IPO is a fixed price issue of Rs 12.09 crore. The price is ₹62 per share. The minimum lot size for an application is 2000 shares. The minimum amount of investment required by retail investors is ₹124,000. The minimum lot size investment for HNI is 2 lots (4,000 shares), amounting to ₹248,000.
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Key Details Of Faalcon Concepts Limited IPO:
Bidding Dates
April 19-23
Price Range
₹62 per share
Face Value
₹10 per share
GMP
₹[ 10 ]
Faalcon Concepts IPO GMP
The Faalcon Concepts IPO GMP Today is ₹[ 10 ].
Faalcon Concepts Limited IPO Overview
Faalcon Concepts IPO is a fixed-price offering of Rs 12.09 crore. The offering is wholly new, consisting of 19.5 lakh shares. Faalcon Concepts initial public offering (IPO) begins on April 19, 2024 and ends on April 23, 2024. The allotment for Faalcon Concepts IPO is expected to be finalised on Wednesday, April 24, 2024. Its IPO will be listed on the BSE SME, with a tentative listing date of Friday, April 26, 2024.
Faalcon Concepts IPO price is ₹62 per share. The minimum lot size for an application is 2000 shares. Retail investors are needed to invest a minimum of ₹124,000. The minimum investment for HNI is 2 lots (4,000 shares) worth ₹248,000.
Faalcon Concepts IPO Details
| IPO Date | April 19, 2024 to April 23, 2024 |
| Listing Date | [.] |
| Face Value | ₹10 per share |
| Price | ₹62 per share |
| Lot Size | 2000 Shares |
| Total Issue Size | 1,950,000 shares (aggregating up to ₹12.09 Cr) |
| Fresh Issue | 1,950,000 shares (aggregating up to ₹12.09 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | BSE SME |
| Share holding pre issue | 4,880,120 |
| Share holding post issue | 6,830,120 |
| Market Maker portion | 98,000 shares |
Faalcon Concepts Limited Financial Information
| Period Ended | 31 Oct 2023 | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
| Assets | 1,417.67 | 1,292.64 | 916.77 | 553.85 |
| Revenue | 1,249.11 | 1,324.81 | 1,852.93 | 502.21 |
| Profit After Tax | 131.82 | 179.52 | 97.79 | 12.34 |
| Net Worth | 631.39 | 327.53 | 129.02 | 22.23 |
| Reserves and Surplus | 143.37 | 325.26 | 127.61 | 21.23 |
| Total Borrowing | 366.04 | 190.58 | 67.10 | 48.30 |
| Amount in ₹ Lakhs | ||||
Faalcon Concepts IPO Timeline
| IPO Open Date | Friday, April 19, 2024 |
| IPO Close Date | Tuesday, April 23, 2024 |
| Basis of Allotment | Wednesday, April 24, 2024 |
| Initiation of Refunds | Thursday, April 25, 2024 |
| Credit of Shares to Demat | Thursday, April 25, 2024 |
| Listing Date | Friday, April 26, 2024 |
| Cut-off time for UPI mandate confirmation | 5 PM on April 23, 2024 |
Company Profile
Faalcon Concepts Limited was created in 2018 and specialises in the planning, design, construction, and installation of facade systems. The company provides facades that are resistant to UV radiation, acid rain, dust, noise, and other effects. Faalcon Concepts’ product line comprises glass/curtain walls, aluminium doors and windows, skylights, canopies, frameless glazing, MS structures, stone and metal cladding, roofing and more. Customers include Espirit Techno Consultant Pvt. Ltd., Galaxy Magnum Infra Height Limited, Babbar Films, Maconns Infra Pvt.
Ltd., Silvers 107 Stone Regency Pvt. Ltd., St Xavier School Gurgaon High School, and others. The company has served customers in several states, including Haryana, Uttar Pradesh, Rajasthan, Madhya Pradesh, Karnataka, Gujarat, Punjab, Delhi, and elsewhere. As of December 23, 2023, the company had 26 employees.
Registrar Info
| Name | Beetal Financial & Computer Services (P) Limited |
| Phone number | +91 11 29961281 |
| Email ID | [email protected] |
| Website | beetalmail.com |
Contact Details
| Name | Faalcon Concepts Limited |
| Phone number | + 91-124-4383074 |
| Email ID | [email protected] |
| Website | faalcon.in |
IPO Strengths
- 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.
Faalcon Concepts IPO FAQs
When Faalcon Concepts IPO will open?
The Faalcon Concepts IPO opens on April 19, 2024 and closes on April 23, 2024.
What is the lot size of Faalcon Concepts IPO?
Faalcon Concepts IPO lot size is 2000 Shares, and the minimum amount required is ₹124,000.
When is Faalcon Concepts IPO allotment?
The finalization of Basis of Allotment for Faalcon Concepts IPO will be done on Wednesday, April 24, 2024, and the allotted shares will be credited to your demat account by Thursday, April 25, 2024.
When is Faalcon Concepts IPO listing date?
The Faalcon Concepts IPO listing date is not yet announced. The tentative date of Faalcon Concepts IPO listing is Friday, April 26, 2024.
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