Faalcon Concepts Ltd IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| NII (HNI) | — | 926,000 (47%) | — | ₹574 Cr |
| Retail | — | 926,000 (47%) | — | ₹574 Cr |
| Market Maker | — | 98,000 (5%) | — | ₹6 Cr |
| Σ Total | — | 1,950,000 (100%) | — | ₹12,090 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 2,000 | ₹124,000 |
| Retail (Max) | 13 | 26,000 | ₹1,612,000 |
| S-HNI (Min) | 14 | 28,000 | ₹1,736,000 |
| B-HNI (Min) | 67 | 134,000 | ₹8,308,000 |
Financial Statements Amount in ₹ Lakhs
| Metric | 31 Oct 2023 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|
| Revenue | 1,249 | 1,325 | 1,853 |
| Profit After Tax | 132 | 180 | 98 |
| Net Worth | 631 | 328 | 12,902 |
| Total Assets | 1,418 | 1,293 | 917 |
| Reserves & Surplus | 143 | 325 | 128 |
| Total Borrowing | 366 | 191 | 67 |
Valuation & Key Ratios
Grey Market Premium (GMP)
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects of the Issue
- To finance the Capital Expenditure for the purchase of facade Structural Equipments; –
- To part finance the requirement of Working Capital; and –
- To part finance the requirement of Working Capital; and –
Company Overview
Founded in 2018, Faalcon Concepts Limited deals with the planning, design, fabrication, and installation of façade systems.
The company offers facades resistant to UV rays, acid rain, dust, noise, and other influences. Faalcon Concepts' product portfolio includes glazing/curtain walls, aluminium doors and windows, skylights, canopies, frameless glazing, MS structures, stone cladding, metal cladding, and roofing.
The company's customer list includes companies like 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 etc. The company has catered to customers in various states like Haryana, Uttar Pradesh, Rajasthan, Madhya Pradesh, Karnataka, Gujrat, Punjab, Delhi and overseas.
As of December 23, 2023, the company had 26 employees.