Falcon Technoprojects India Ltd IPO
Open Demat Account
Falcon Technoprojects India Ltd IPO Details
Details
| Total Shares Offered | Offer to Public | Retail Max (Shares) | Pre Issue Promoters Holding | Exchange | Issue size |
|---|---|---|---|---|---|
| 14.88 L | TBA | 7.07 L | 30.42 L | NSE | TBA |
| IPO Open Date | Close Date | Lot Size | Min Investment | Issue Type | Listing Date |
| 19 Jun, 24 | 21 Jun, 24 | 1200 | TBA | Fixed Price - SME | 26 Jun, 24 |
Falcon Technoprojects India Ltd IPO Details
Falcon Technoprojects India Ltd IPO Dates
Details
| Sector | Type |
|---|---|
| Sector | Engineering - Turnkey Services |
| Sub Sector | NA |
| Issue Type | Fixed Price - SME |
Subscription Status
*Values are in Lakhs
| Investor Type | Subscription Times | Shares Offered* | Shares Bid* |
|---|---|---|---|
| QIB | 0x | 0 | 2043600 |
| NII | 42.5x | 706800 | 30037200 |
| Retail | 87.61x | 706800 | 61921200 |
| Employee | 0x | 0 | 0 |
| Total | 63.17x | 1488000 | 94002000 |
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) | FY23 | FY22 | FY21 |
|---|---|---|---|
| Revenue from operations | 1.43 | 1.44 | 0.48 |
| EBITDA | 1.46 | 1.49 | 0.55 |
| PAT | 1.04 | 1.03 | 0.30 |
| Total Assets | 15.02 | 16.30 | 11.48 |
| Share Capital | 0.50 | 0.50 | 0.50 |
| Total Borrowings | 5.60 | 5.74 | 5.32 |
| Operating Activities (Net Cash) | 1.07 | 1.08 | 0.37 |
| Investing Activities (Net Cash) | 0.08 | 0.07 | 0.07 |
| Financing Activities (Net Cash) | 5.60 | 5.74 | 5.32 |
| Net Cashflow | 0.16 | 0.15 | 0.03 |
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.
