Faalcon Concepts IPO Review

 
Faalcon Concepts IPO Review

IPO Open Date: April 19, 2024

IPO Close Date: April 23, 2024

IPO Price: ₹62 per share

Lot Size: 2000 Shares

Listing: April 26, 2024

Faalcon Concepts is scheduled to hit the market on April 19, 2024 and close on April 23, 2024. Faalcon Concepts plans to raise around ₹12.09 Cr through an IPO with a sale of up to 1,950,000 equity shares of ₹10 each. The Retail offered 50%, Other Shares Offered 50%.

Faalcon Concepts was started in 2018. They work on making, designing, putting together, and setting up facades. The company makes facades that can bear UV rays, acid rain, dust, noise, and other things. Faalcon Concepts' products include glass walls, aluminum doors and windows, skylights, canopies, frameless glass walls, MS structures, stone and metal coverings, roofing, and more.

The company's clients include businesses 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, and more. They have served customers in states like Haryana, Uttar Pradesh, Rajasthan, Madhya Pradesh, Karnataka, Gujrat, Punjab, Delhi, and abroad. As of December 23, 2023, the company had a total of 26 employees.

Faalcon Concepts



Faalcon Concepts IPO Details

Faalcon Concepts IPO opens on April 19, 2024, and closes on April 23, 2024. The Listing date for Faalcon Concepts IPO is on April 26, 2024. The price band for IPO is ₹62 per share and lot size of 2000 Shares.

IPO DateApril 19, 2024 to April 23, 2024
Listing DateApril 26, 2024
Price₹62 per share
Lot Size2000 Shares
Issue Size₹12.09 Cr
Face Value₹10 per share

Faalcon Concepts IPO Tentative Timetable

Faalcon Concepts opening date is April 19, 2024 and close date is April 23, 2024. The IPO allotment date is April 24, 2024. The refund initiation of IPO is on April 25, 2024. The credit of shares in demat account is on April 25, 2024. The listing date is on April 26, 2024.

EventDate
IPO OpeningApril 19, 2024
IPO ClosingApril 23, 2024
IPO Allotment DateApril 24, 2024
Refund InitiationApril 25, 2024
Shares Credit to DematApril 25, 2024
Lisiting DateApril 26, 2024

Faalcon Concepts IPO Lot Size

Lot Size of this IPO is 2000 shares. A retail-individual investor can apply for up to 1 lots (2000 shares or ₹124,000).

CategoryLotsSharesAmount
Retail(Minimum)12000₹124,000
Retail(Maximum)12000₹124,000
HNI (Minimum)24000₹248,000

Faalcon Concepts IPO Promoter Holding

Pre Issue Share Holding91.76%
Post Issue Share Holding65.56%

Faalcon Concepts IPO Review

Faalcon Concepts, a prominent company in the facade systems industry, has recently launched its IPO with a market capitalization of Rs 42.35 Cr. The company, founded in 2018, specializes in designing, fabricating, and installing facades that are highly durable and resistant to various environmental factors like UV rays, acid rain, and noise. Their diverse product portfolio includes glazing/curtain walls, aluminum doors and windows, skylights, canopies, and more, catering to a wide range of clientele both in India and overseas.

In terms of financial performance, Faalcon Concepts witnessed a decrease in revenue by -28.5% between March 2023 and March 2022, while their profit after tax (PAT) saw a significant rise of 83.58% during the same period. Key Performance Indicators (KPIs) as of October 31, 2023, indicate a Return on Equity (ROE) of 27.49%, Return on Capital Employed (ROCE) of 26.18%, and Profit After Tax Margin of 10.57%. These figures showcase the company's strong financial position and growth potential in the market.

The objectives of the IPO include funding capital expenditure for facade structural equipment, meeting working capital requirements, and addressing general corporate purposes. Investors looking to capitalize on the growing facade systems industry and the company's promising financial indicators may find Faalcon Concepts IPO a lucrative investment opportunity. With a solid track record, diverse product offerings, and a clear utilization plan for the raised funds, Faalcon Concepts Limited presents a compelling case for potential investors seeking long-term growth in the construction sector.

Faalcon Concepts IPO Subscription Status (Bidding Details)

Table not found

Faalcon Concepts IPO Broker Recommendations

  • Capital Market: To be updated soon
  • Anand Rathi: To be updated soon
  • SMC Global: To be updated soon
  • Arihant Capital: To be updated soon

Faalcon Concepts IPO FAQs

What is Faalcon Concepts IPO?

Faalcon Concepts is issuing 1,950,000 equity shares with a face value of ₹10 each, totaling up to ₹12.09 Cr. The shares are being offered at a price of ₹62 each, with a minimum order quantity of 2000 shares.

Beetal Financial & Computer Services (P) Ltd is the registrar for the IPO, and the shares are planned to be listed on the BSE and NSE.

When Faalcon Concepts IPO will open?

Faalcon Concepts will open on April 19, 2024 for QIB, NII, and Retail Investors.

When Faalcon Concepts IPO will end?

Faalcon Concepts will end on April 23, 2024.

What is Faalcon Concepts IPO Size?

Faalcon Concepts IPO size is 12.09 Cr.

What is Faalcon Concepts IPO Price Band?

Faalcon Concepts price band is ₹62 per share.

What is the Faalcon Concepts IPO Allotment Date?

Faalcon Concepts allotment date is April 19, 2024.

What is the Faalcon Concepts IPO Listing Date?

Faalcon Concepts listing date is April 26, 2024. The IPO is to be listed on BSE and NSE.

How to Faalcon Concepts IPO through Zerodha?

To apply for the IPO “Faalcon Concepts” on Zerodha, log in to the Zerodha website or app, go to the Portfolio section, and click on IPO. Then, click on the “Apply” button and enter your UPI ID, the desired quantity, and the price. Submit the IPO application form and then approve the mandate on your UPI app. To complete the process, you should have an demat account. If you don't have one, open a demat account with Zerodha.

How to Apply Faalcon Concepts IPO through Upstox?

To apply for the IPO “Faalcon Concepts” on Upstox, log in to the Upstox website or app, click on IPO. Then, click on the “Apply” button and enter your UPI ID, the desired quantity, and the price. Submit the IPO application form and then approve the mandate on your UPI app. To complete the process, you should have an demat account. If you don't have one, open a demat account with Upstox.

How to check Faalcon Concepts IPO Allotment Status?

For Faalcon Concepts IPO Allotment status check you can visit this link, select the desired IPO and enter your PAN to check the allotment status.

What is Faalcon Concepts IPO GMP?

You can check out here: Faalcon Concepts IPO GMP

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About Ishika Agarwal

Ishika Agarwal is a seasoned financial writer with a strong background in the stock market and investment sector. Ishika has a passion for analyzing and interpreting complex financial data to provide valuable insights to her readers.

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