Falcon Technoprojects IPO
IPO Listing Details
- Listing Date
26 Jun 2024
- Listing Price
₹ 84.00
- Listing Change
-8.70%
- Last Traded Price
₹ 49.05
IPO Details
- Open Date
19 Jun 2024
- Close Date
21 Jun 2024
- IPO Price Range
₹ 92
- IPO Size
₹ 13.69 Cr
- Listing Exchange
NSE SME
- Listing Date
26 Jun 2024
IPO Timeline
Falcon Technoprojects IPO Subscription Status
Date | QIB | NII | Retail | TOTAL |
---|---|---|---|---|
19-Jun-24 | - | 0.51 | 4.01 | 2.26 |
20-Jun-24 | - | 1.65 | 12.40 | 7.02 |
21-Jun-24 | - | 44.78 | 80.65 | 64.16 |
Last Updated: 05 July 2024 10:36 AM by 5Paisa
Last Updated: 21st June, 2024 by 5paisa
Falcon Technoprojects India Limited IPO is all set to open from 19th June to 21st June 2024. The company is engaged in the business of providing Mechanical, Electrical and Plumbing (MEP). The IPO includes a fresh issue of 1,488,000 shares worth ₹13.69 cr. The share allotment date is 24th June 2024, and the IPO will be listed on 26th June 2024 on the stock exchanges. The price band is ₹92 and the lot size is 1200 shares.
Kunvarji Finstock Private Limited is the book-running lead manager for this IPO, while Kfin Technologies Limited is the registrar.
Objectives of Falcon Technoprojects IPO
Falcon Technoprojects India Limited plans to utilize the raised capital from the IPO to:
● To fund the working capital requirement.
● General corporate purposes.
Established in 2010, Falcon Technoprojects India is engaged in the business of providing Mechanical, Electrical and Plumbing (MEP) for various sectors such as Petroleum Refineries, Residential Townships, Atomic Energy, Civil Construction, etc. PAN India.
It also has ISO 9001:2015 certification.
Peer Comparison
No listed peers.
For More Information:
Webstory on Falcon Technoprojects India IPO
Particulars (in Rs. Crores) | FY23 | FY22 | FY21 |
---|---|---|---|
Revenue from operations | 16.53 | 22.86 | 9.43 |
EBITDA | 2.38 | 2.16 | 1.01 |
PAT | 1.03 | 1.02 | 0.29 |
Particulars (in Rs. Crores) | FY23 | FY22 | FY21 |
---|---|---|---|
Total Assets | 21.83 | 21.79 | 17.20 |
Share Capital | 0.50 | 0.50 | 0.50 |
Total Borrowings | 18.49 | 19.48 | 15.92 |
Particulars (in Rs. Crores) | FY23 | FY22 | FY21 |
---|---|---|---|
Net cash generated from / (used in) operating activities | -0.68 | -1.53 | 3.15 |
Net cash from / (used in) investing activities | -0.013 | - | -2.51 |
Net cash flow from / (used in) financing activities | 0.69 | 1.66 | -0.70 |
Net increase (decrease) in cash and cash equivalents | 0.0075 | 0.12 | -0.058 |
Strengths
1. The company has strong project management and execution capabilities.
2. The company has long-standing relations with customers and focuses on acquiring new customers.
3. Managing diverse business operations amidst growing demand.
4. It has technology at the forefront of the current and future business.
5. Experienced promoters and management team.
Risks
1. The company operates in a competitive environment.
2. There is Pricing pressure from customers.
3. High working capital requirements.
4. It has reported negative cash flow in the past.
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FAQs
Falcon Technoprojects IPO opens from 19th June to 21st June 2024.
The size of Falcon Technoprojects IPO is ₹13.69 cr.
To apply for Falcon Technoprojects IPO, follow the steps given below:
● Login to your 5paisa account and select the issue in the current IPO section
● Enter the number of lots and the price at which you wish to apply for Falcon Technoprojects IPO.
● Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange.
You will receive a mandate notification to block funds in your UPI app.
The price band of Falcon Technoprojects IPO is fixed at ₹92 per share.
The minimum lot size of Falcon Technoprojects IPO is 1200 shares and the investment required is ₹1,10,400.
The share allotment date of Falcon Technoprojects IPO is 24th June 2024.
The Falcon Technoprojects IPO will be listed on 26th June 2024.
Kunvarji Finstock Private Limited is the book-running lead manager for Falcon Technoprojects IPO.
Falcon Technoprojects plans to utilize the raised capital from the IPO to:
● To fund the working capital requirement.
● General corporate purposes.
Contact Information
Falcon Technoprojects
Falcon Technoprojects India Limited
Unit No. 17/18, 1st Floor, Keshav Building,
Vasudev Sky High Complex, Beverly Park,
Mira Road East - 401107
Phone: +91 22 3512 9249
Email: cs@falcontechnoprojects.com
Website: http://www.falcongroupindia.com/
Falcon Technoprojects IPO Register
Kfin Technologies Limited
Phone: 04067162222, 04079611000
Email: ftil.ipo@kfintech.com
Website: https://kosmic.kfintech.com/ipostatus/
Falcon Technoprojects IPO Lead Manager
Kunvarji Finstock Pvt Ltd
What you must know Falcon Techno...
18 Jun 2024
Falcon Technoprojects IPO Subscr...
19 Jun 2024
Falcon Technoprojects IPO Allotm...
22 Jun 2024
Falcon Technoprojects India IPO ...
26 Jun 2024