Faalcon Concepts IPO Watch, Guidance & Subscription Status at Chanakyanipothi.com,
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Faalcon Concepts IPO Post Listing Review:
Listed at Rs. 95, premium of 53.23% over the issue price of Rs. 62. The listing has been much above the expectations of the grey market players.
What was the last GMP of Faalcon Concepts IPO?*
Premium: Rs. 10
Subject to Rs.15200
Faalcon Concepts IPO Subscription
On 23 April 2024 5.00 pm (Day 3) (Closed)
Review: Good subscription on second day
NII: 926000 Shares 93.27 T
RII: 926000 Shares 47.17 T
Total: 1852000 Shares 71.28 T
What is the business of Faalcon Concepts?
Incorporated in 2018, Faalcon Concepts Limited is engaged in designing, engineering, fabrication and installation of façade systems. 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. It believes in offering facades which are resistant against UV rays, acidic rain, dust, noise and others.
It has catered to its customers base in various states such as Haryana, Uttar Pradesh, Rajasthan, Madhya Pradesh, Karnataka, Gujrat, Punjab and Delhi.
Get more information about the company @ www.faalcon.in
| Faalcon Concepts IPO Details | |
| IPO opens on | 19 April 2024 |
| IPO closes on | 23 April 2024 |
| Issue Type | Book Built Issue IPO |
| Issue Size | 1950000 Sh /Rs 12.09 Cr |
| * Fresh Issue | 1950000 Sh /Rs 12.09 Cr |
| * Offer for Sale | – Sh /Rs.? Cr |
| Market Maker Portion | 98000 Sh. |
| Net offer to Public | 1852000 Sh./Rs.11.48 Cr |
| Face Value per share | Rs. 10 |
| Price Band | Rs. 62 |
| Employee discount | Rs. 0 per share |
| Retail Lot Size | 2000 Shares |
| Listing will at | BSE SME |
| Shares offered in Faalcon Concepts IPO | ||
| Shares | Rs. (Cr) | |
| QIB (0%) | ? | ? |
| NII (50%) | 926000 | 5.74 |
| RII (50%) | 926000 | 5.74 |
| Total Shares | 1852000 | 11.58 |
| Retail portion will be oversubscribed by | 463 | |
| Forms | ||
| How much Shares to Apply in Faalcon Concepts IPO? | ||
| Min Retail Application | 2000 Sh | Rs. 124000 |
| Min HNI Application | 4000 Sh | Rs.248000 |
Who are the Promoters of Faalcon Concepts IPO?
The promoters of the company are MRS. EKTA SETH, MR. TRIBHUVAN SETH AND MR. PRITHVI SETH
What are the Objects of Faalcon Concepts IPO?
The Offer comprises of a Fresh Issue Shares
The company proposes to utilise the Net Proceeds for the following:
1. To finance the Capital Expenditure for purchase of façade Structural Equipments;
2. To part finance the requirement of Working Capital;
3. To meet General corporate purposes
| Faalcon Concepts IPO Tentative timetable | |
| IPO opens on | 19 April 2024 |
| IPO Closes on | 23 April 2024 |
| IPO Allotment on | 24 April 2024 |
| Refund Initiation | 25 April 2024 |
| Credit of Shares | 25 April 2024 |
| Listing on | 26 April 2024 |
| Registered Office of the Company N-75 Ground Floor Mayfield Garden, Sector-51NA Gurgaon HR 122018 |
| Who is the Lead Manager of Faalcon Concepts IPO? NAVIGANT CORPORATE ADVISORS Ltd |
| Who is the Registrar to IPO? BEETAL FINANCIAL & COMPUTER SERVICES Pvt ltd |
| Faalcon Concepts IPO Financial & Analytical Ratios | ||||
| Year | Total Income | Net Profit | EPS | RoNW |
| Rs.in Cr | Rs.in Cr | Rs. | % | |
| 2020-21 | 5.02 | 0.12 | 0.25 | 55.51 |
| 2021-22 | 18.53 | 0.98 | 2.01 | 75.80 |
| 2022-23 | 13.25 | 1.80 | 3.69 | 54.81 |
| Book Value of the Share on | 31.03.2023 | Rs 6.73 | ||
| BV of the Share at cap price | after the IPO | Rs. ? | ||
| Offer Price/upper band | Rs. 62 | |||
| Faalcon Concepts IPO Key Performance indicators |
|
| Price/last EPS of 22-23 | 16.80 |
| Price/BV Ratio | 9.21 |
| Upper price/BV after IPO | |
How Faalcon Concepts IPO compares with the Peers?
| As on date of DRHP | FV | Total | PE |
| Rs. | Income In Cr | Ratio of | |
| Faalcon concepts | 10 | 13.15 16.80 | |
| Innovators Facade System | 10 | 181.17 | 48.79 |
| – | – | – | |
# This is only coverage of News related to Grey Market Premium & subject to rates. We do not deal in grey market premium. We do not recommend dealing in Grey Market. Investment decision based on Grey Market trends can be faulty.
Faalcon Concepts IPO To the point Guidance
Incorporated in 2018, Faalcon Concepts Limited is engaged in designing, engineering, fabrication and installation of façade systems.
Size: The size of the IPO is net 1852000 shares/ Rs. 11.48 Crore.Retail portion is just Rs. 5.74 crore and with 463 applications, retail portion will get one time subscribed. Considering rise in the investors fancy during last few sessions, oversubscription may not create any problem.
Financial Snapshot: The total income and net profit of the company during last 2 years, have shown sharp rise as compared to the total income and net profits of the year 2020-21. Based on the earnings per share of the year 2022-23, the offer price is not on higher side. The IPO is expected to provide small listing gains. May Apply.
Quicklinks
Faalcon Concepts IPO GMP Detail IPO GMP today details?
Faalcon Concepts IPO
Faalcon Concepts IPO FAQs
What is Faalcon Concepts IPO?
Faalcon Concepts IPO is a SME IPO of 1950000 equity shares of the face value of Rs. 10 aggregating up to Rs.12.09 Crores. The issue is priced at Rs.62 per share. The minimum order quantity is 2000 Shares.
When Faalcon Concepts IPO will open?
Faalcon Concepts IPO opens on April 19, 2024, and closes on April 23, 2024.
What is the lot size of Faalcon Concepts IPO?
Faalcon Concepts IPO lot size is 2000 Shares, and the minimum amount required is Rs 124000
How to apply for Faalcon Concepts IPO?
You can apply in Faalcon Concepts IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don’t offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Nuvama, ICICI Bank, HDFC Bank and SBI Bank.
When is Faalcon Concepts IPO allotment?
The finalization of Basis of Allotment for Faalcon Concepts IPO will be done on April 24, 2024, and the allotted shares will be credited to your demat account by April 25, 2024.
When is Faalcon Concepts IPO listing date?
Faalcon Concepts IPO listing date is not yet announced. The tentative date of Faalcon Concepts IPO listing is April 26, 2024.
