IPO Issue Details
Issue Price / Price Band₹92 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size1,200 Shares per Lot
Total Issue Size14,88,000 shares (aggregating up to ₹13.69 Cr)
Issue TypeFixed Price IPO
Sale Type / CategoryFresh Capital
Exchange / PlatformNSE SME
IPO TypeSME
Subscription OpenWed, 19 Jun 2024
Subscription CloseFri, 21 Jun 2024
Anchor AllotmentTue, 18 Jun 2024
Basis of AllotmentMon, 24 Jun 2024
Initiation of RefundsTue, 25 Jun 2024
Credit of Shares to DematTue, 25 Jun 2024
Listing DateWed, 26 Jun 2024
UPI Mandate Deadline2024-06-21
Application & Investment Details
Retail — Min (1 Lots)₹1,10,400 — 1,200 shares
Retail — Max (13 Lots)₹1,435,200 (13 Lots)
HNI — Min (2 Lots)₹2,20,800 — 2,400 shares
EPS (Pre-IPO)₹2.69
EPS (Post-IPO)₹1.95
P/E Ratio (Pre-IPO)34.25x
P/E Ratio (Post-IPO)47.22x
Net Offer to Public14,13,600 shares (aggregating up to ₹13.01 Cr)
Reserved for Market Maker74,400 shares (aggregating up to ₹0.6845 Cr)
Pre-IPO Promoter Holding38,68,793 shares
Post-IPO Promoter Holding53,56,793 shares
About Falcon Technoprojects India Ltd
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.
Objects of the Issue
Falcon Technoprojects India Ltd proposes to utilise the net proceeds from the Issue for the following objects:
1
Working Capital Requirements of the company; and
2
General Corporate Purposes
Shareholding & Lock-in
Pre-IPO Promoter Holding
38,68,793 shares
Post-IPO Promoter Holding
53,56,793 shares