Falcon Technoprojects India Ltd IPO

¦Falcon Technoprojects India Limited is engaged in the business of providing Mechanical, Electrical and Plumbing (MEP) services to PAN India customers.

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50years

Falcon Technoprojects India Ltd IPO Details

Details

Total Shares OfferedOffer to PublicRetail Max (Shares)Pre Issue Promoters HoldingExchangeIssue size
14.88 LTBA7.07 L30.42 LNSETBA
IPO Open DateClose DateLot SizeMin InvestmentIssue TypeListing Date
19 Jun, 2421 Jun, 241200 TBA Fixed Price - SME26 Jun, 24

Falcon Technoprojects India Ltd IPO Dates

  • 19 Jun 2024

    Opening date

  • 21 Jun 2024

    Closing date

  • 24 Jun 2024

    Basis of
    Allotment

  • 25 Jun 2024

    Initiation of
    Refunds

  • 25 Jun 2024

    Credit of
    Shares

  • 26 Jun 2024

    Listing date

Details

SectorType
SectorEngineering - Turnkey Services
Sub SectorNA
Issue TypeFixed Price - SME

Subscription Status

*Values are in Lakhs

Investor TypeSubscription TimesShares Offered*Shares Bid*
QIB0x02043600
NII42.5x70680030037200
Retail87.61x70680061921200
Employee0x00
Total63.17x148800094002000

Subscription Status

Investor Type

QIB

NII

Retail

Employee

Total

*Values are in Lakhs

Falcon Technoprojects India Ltd Financial Status

Income Statement

Balance Sheet

Particulars (in Rs. Crores)FY23FY22FY21
Revenue from operations1.431.440.48
EBITDA1.461.490.55
PAT1.041.030.30
Total Assets15.0216.3011.48
Share Capital0.500.500.50
Total Borrowings5.605.745.32
Operating Activities (Net Cash)1.071.080.37
Investing Activities (Net Cash)0.080.070.07
Financing Activities (Net Cash)5.605.745.32
Net Cashflow0.160.150.03

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 Falcon Technoprojects India Ltd

Falcon Technoprojects India Limited was incorporated as Falcon Technoprojects India Private Limited as a private limited company under the Companies Act, 2013 pursuant to certificate of incorporation dated September 09, 2014 issued by the Registrar of Companies, Mumbai, Maharashtra (RoC). Pursuant to a resolution of its Board dated May 06, 2023 and a special resolution of its Shareholders passed in the extra-ordinary general meeting held on May 29, 2023, the Company was converted from a private limited company to public limited company and consequently, the name of the Company was changed to Falcon Technoprojects India Limited and a fresh certificate of incorporation dated June 30, 2023 was issued to the Company by the RoC.

Mechanical, Electrical, and Plumbing (MEP) services refer to installation services that provide comfortable spaces for building occupants. These services specifically deal with the design, selection, and installation of integrated MEP systems. It includes installing air-conditioning systems, power and lighting systems, water supply and drainage, fire prevention and fighting systems, telephones, etc. By integrating these separate systems into one, their operation can be made more energy-effective. The design of MEPs is important for planning, decision-making, accurate documentation, performance and cost estimation, construction, and ultimately facility operation/maintenance. MEP services specifically cover the in-depth design and selection of these systems, rather than simply installing the equipment.

Peer Comparison:

  • No Listed Industry Peers

Falcon Technoprojects India Ltd IPO Key Points

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.

Risk

  • The company derives significant portion of its revenue from limited number of customers, the loss of one or more such customers, the deterioration of their financial position or prospects, or a reduction in their demand for its services could adversely affect its business, financial position and future prospects of the Company.
  • Its Registered Office from where the company operates is not owned by it.
  • The company operates in a competitive environment and may not be able to effectively compete with similar companies, which could have a material adverse effect on its business, results of operations and financial condition.

Strategy

  • Retain, strengthen and grow customer base with a focus on maintaining relationships with existing customers.
  • Growing market share in key segments.
  • Improve operating margins.
  • 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.

How To Apply for Falcon Technoprojects India Ltd Online?

Step 1:

Log in to the BlinkX stock market app and click ‘IPO’ in the Xplore section.

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

Falcon Technoprojects India Ltd's IPO offers shares for up to ₹ 0 L It begins on Jun 19, 2024 and ends on Jun 21, 2024.

The price of Falcon Technoprojects India Ltd IPO ranges between ₹0 to ₹0 per share.

The Falcon Technoprojects India Ltd IPO opens on Jun 19, 2024 and closes on Jun 21, 2024.

The allotment for the Falcon Technoprojects India Ltd IPO will be finalised on Jun 24, 2024. The shares will be listed on BSE and NSE on Jun 26, 2024.

The minimum lot size for Falcon Technoprojects India Ltd IPO is 1200 shares, priced between ₹0 to ₹0 per share.

The GMP (Grey Market Premium) of Falcon Technoprojects India Ltd IPO fluctuates based on market demand and sentiment.

To check the allotment status of Falcon Technoprojects India 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 Falcon Technoprojects India Ltd IPO is getting listed on the BSE and NSE. Bidding opens on Jun 19, 2024, and closes on Jun 21, 2024. The allotment is finalised on Jun 24, 2024.

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