Falcon Technoprojects India Ltd IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| NII (HNI) | — | 706,800 (48%) | — | ₹650 Cr |
| Retail | — | 706,800 (48%) | — | ₹650 Cr |
| Market Maker | — | 74,400 (5%) | — | ₹7 Cr |
| Σ Total | — | 1,488,000 (100%) | — | ₹13,690 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 | 1,200 | ₹110,400 |
| Retail (Max) | 13 | 15,600 | ₹1,435,200 |
| S-HNI (Min) | 14 | 16,800 | ₹1,545,600 |
| B-HNI (Min) | 67 | 80,400 | ₹7,396,800 |
Financial Statements Amount in ₹ Lakhs
| Metric | 31 Jan 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|
| Revenue | 1,037 | 1,657 | 2,290 |
| Profit After Tax | 87 | 104 | 103 |
| Net Worth | 899 | 334 | 231 |
| Total Assets | 2,144 | 2,184 | 2,180 |
| Reserves & Surplus | 512 | 284 | 181 |
| Total Borrowing | 781 | 1,232 | 963 |
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
- Working Capital Requirements of the company; and –
- General Corporate Purposes –
Company Overview
Established in 2014, Falcon Technoprojects India Limited provides mechanical, electrical and plumbing services to its clients across India and operates in various sectors such as petroleum refineries, housing estates, nuclear power, construction, etc.
The company offers mechanical, electrical and plumbing (MEP) services. These services include the design, selection and installation of integrated mechanical, electrical and plumbing systems. This includes the installation of air conditioning, power and lighting systems, water supply and drainage, fire protection and fire extinguishing systems and telephones.
On January 31, 2024, the company had a total of 24 employees.