Faalcon Concepts Ltd

Incorporated in 2018, the Company, Faalcon Concepts Limited is engaged in designing, engineering, fabrication and installation of façade systems. The Company believes in offering solutions to its customers with respect to their requirement of façade installation in complex projects. The Company specialises in technically demanding facades. It offers various range of products to meet the demands of its customers. Over the years, the company has developed a name for itself among its customers. Its product basket ranges from glazing /curtain walls, high end aluminium doors & windows, skylights, canopies, frameless glazing, MS structures, stone cladding, metal cladding, roofing & others. The Company believes in offering facades which are resistant against UV rays, acidic rain, dust, noise and others. The registered office of the Company is situated at Gurugram, Haryana.

Open Demat Account

50years

Faalcon Concepts Ltd IPO Details

Details

Total Shares OfferedOffer to PublicRetail Max (Shares)Pre Issue Promoters HoldingExchangeIssue size
19.5 LTBA9.26 L44.78 LBSETBA
IPO Open DateClose DateLot SizeMin InvestmentIssue TypeListing Date
19 Apr, 2423 Apr, 242000 TBA Fixed Price - SME26 Apr, 24

Faalcon Concepts Ltd IPO Details

Faalcon Concepts Ltd IPO Dates

  • 19 Apr 2024

    Opening date

  • 23 Apr 2024

    Closing date

  • 24 Apr 2024

    Basis of
    Allotment

  • 24 Apr 2024

    Initiation of
    Refunds

  • 25 Apr 2024

    Credit of
    Shares

  • 26 Apr 2024

    Listing date

Details

SectorType
SectorConstruction
Sub SectorNA
Issue TypeFixed Price - SME

Subscription Status

*Values are in Lakhs

Investor TypeSubscription Times
QIB0x
NII0x
Retail0x
Employee0x
Total0x

Subscription Status

Investor Type

QIB

NII

Retail

Employee

Total

*Values are in Lakhs

Faalcon Concepts Ltd Financial Status

Income Statement

Balance Sheet

Particulars (in Rs. Crores)FY23FY22FY21
Revenue from operations2.471.370.18
EBITDA2.551.400.19
PAT1.800.980.12
Total Assets12.288.945.42
Share Capital0.020.010.01
Total Borrowings2.513.160.82
Operating Activities (Net Cash)1.881.010.13
Investing Activities (Net Cash)0.000.000.00
Financing Activities (Net Cash)2.513.160.82
Net Cashflow1.140.170.44

Particulars (in Rs. Crores)

Revenue from operations

EBITDA

PAT

Total Assets

Share Capital

Total Borrowings

Operating Activities (Net Cash)

Investing Activities (Net Cash)

Financing Activities (Net Cash)

Net Cashflow

About Faalcon Concepts Ltd

Faalcon Concepts Limited was originally incorporated at Haryana as Faalcon Concepts Private Limited on 24th May, 2018 under the provisions of the Companies Act, 2013 vide Certificate of Incorporation issued by the Registrar of Companies, Central Registration Centre. Consequent upon the conversion of the Company to public limited company, the name of the Company was changed to Faalcon Concepts Limited vide fresh certificate of incorporation dated 25th May, 2023 issued by the Registrar of Companies, Delhi.

India Facade Market: The India facade market size reached US$ 2,638.2 Million in 2022. Looking forward, the publisher expects the market to reach US$ 4,254.5 Million by 2028, exhibiting a growth rate (CAGR) of 8.23% during 2023-2028. The increasing construction activities, rising number of commercial spaces, and the growing number of remodeling and upgradation projects represent some of the key factors driving the market. The facade is an exterior front of a building that comprises roofing, street awnings, and ventilation louvers. It is produced using different materials, such as glass, brick, steel, aluminum, stone, concrete, metal, clay, and wood. It offers an aesthetic appeal to the building and enhanced waterproofing, fabrication, durability, and weather protection. It is generally used in energy efficient buildings for controlling light penetration, regulating internal temperature, and providing thermal insulation. It requires regular maintenance to ensure its longevity and functionality. It is commonly available in several shapes and sizes and can be created as per the requirements of the consumer. The increasing construction activities in the residential areas on account of rapid urbanization and inflating disposable income levels represent one of the key factors driving the demand for façades in India. Moreover, the rising number of commercial spaces, such as shopping malls, restaurants, cafes, offices, hotels, and institutions, is contributing to the market growth. In addition, due to the growing environmental concerns, several measures are being undertaken by the government of India (GoI) to promote the use of sustainable construction materials and minimize carbon emissions. This, coupled with the launch of various government-sponsored public housing programs due to the surging demand for affordable housing units, is driving the adoption of facades in the country. Apart from this, the increasing number of remodeling and upgradation projects for stadiums, airports, railway stations, metro, and hospitals is contributing to the market growth in the country. Furthermore, the rising popularity of polycarbonate facades in industrial and large-scale commercial buildings due to their numerous advantages, including easy installation, weather resistance, and low maintenance costs, is propelling the growth of the market. Besides this, key players operating in India are introducing facades in advanced materials, such as phase change materials (PCM), high reflectance and durable outdoor coatings, and insulation foams with improved strength and visually appealing texture. This, along with the advent of high quality facades that regulates temperature, protects against rain, and resists corrosion to ensure comfortable and durable building on account of changing climatic conditions like heat, humidity, and monsoon is strengthening the growth of the market.

Peer Comparison:

  • Faalcon Concepts Ltd
  • Innovators Facade Systems Ltd

Faalcon Concepts Ltd IPO Key Points

Strengths

  • Management team having domain knowledge to scale up and expand into new opportunities.
  • Marquee client base and repeat orders.
  • Smooth flow of operations.
  • Customer oriented approach.
  • Designing and execution capability.

Risk

  • There are outstanding litigation proceedings involving the Company, its Promoters, an adverse outcome in which, may have an adverse impact on its reputation, business, financial condition, results of operations and cash flows.
  • The company sources a large part of its new orders from its relationships with customers, both present and past. Any failure to maintain its long-standing relationships with the company existing customers or forge similar relationships with new ones would have a material adverse effect on its business operations and profitability.
  • Its Registered Office and Branch Office of the Company are not owned by it.

Strategy

  • Expand its customer base.
  • Capitalise on growing demand in construction industry.
  • Expansion of Geographic Reach.
  • Continue to improve quality standards.
  • Attract, train and retain qualified personnel.

Faalcon Concepts Ltd IPO Key Points

  • Management team having domain knowledge to scale up and expand into new opportunities.
  • Marquee client base and repeat orders.
  • Smooth flow of operations.
  • Customer oriented approach.
  • Designing and execution capability.
  • There are outstanding litigation proceedings involving the Company, its Promoters, an adverse outcome in which, may have an adverse impact on its reputation, business, financial condition, results of operations and cash flows.
  • The company sources a large part of its new orders from its relationships with customers, both present and past. Any failure to maintain its long-standing relationships with the company existing customers or forge similar relationships with new ones would have a material adverse effect on its business operations and profitability.
  • Its Registered Office and Branch Office of the Company are not owned by it.
  • Expand its customer base.
  • Capitalise on growing demand in construction industry.
  • Expansion of Geographic Reach.
  • Continue to improve quality standards.
  • Attract, train and retain qualified personnel.

How To Apply for Faalcon Concepts Ltd Online?

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Step 2:

From the list of open IPOs, select the IPO you want to invest.

Step 3:

Go through the IPO details like lot size, price band, about the company, etc.

Step 4:

Click ‘Apply IPO’ to apply and enter the number of lots and bidding price along with your UPI ID.

Step 5:

Confirm your bid and accept the payment mandate sent to your UPI App for completing the IPO application.

Get your FAQs right

Faalcon Concepts Ltd's IPO offers shares for up to ₹ 0 L It begins on Apr 19, 2024 and ends on Apr 23, 2024.

The price of Faalcon Concepts Ltd IPO ranges between ₹0 to ₹0 per share.

The Faalcon Concepts Ltd IPO opens on Apr 19, 2024 and closes on Apr 23, 2024.

The allotment for the Faalcon Concepts Ltd IPO will be finalised on Apr 24, 2024. The shares will be listed on BSE and NSE on Apr 26, 2024.

The minimum lot size for Faalcon Concepts Ltd IPO is 2000 shares, priced between ₹0 to ₹0 per share.

The GMP (Grey Market Premium) of Faalcon Concepts Ltd IPO fluctuates based on market demand and sentiment.

To check the allotment status of Faalcon Concepts Ltd IPO, visit the registrar's website, select the IPO, enter your PAN Card number, Application Number, or DP Client ID, and click 'search.'

The Faalcon Concepts Ltd IPO is getting listed on the BSE and NSE. Bidding opens on Apr 19, 2024, and closes on Apr 23, 2024. The allotment is finalised on Apr 24, 2024.

To apply for the Faalcon Concepts Ltd IPO, download the BlinkX app, complete KYC, select the IPO, enter bid details, and submit. Verify UPI payment for shares allotment.