Falcon Technoprojects India IPO: All You Need To Know

Falcon Technoprojects India IPO is open for subscription starting Wednesday, June 19, 2024, and closing on Friday, June 21, 2024. The price of this upcoming IPO is decided at Rs 92 per share. The minimum lot size set for the retail category is 1200 shares. Meanwhile, the minimum lot size for the HNI category is 2 lots consisting of 2400 shares. The minimum investment required for retail category investors is Rs 1,10,400 ( 92 x 1200 shares). However, for the HNI category, the minimum investment amount required is Rs 2,20,800 (92 x 2400 shares). Falcon Technoprojects India IPO is a fixed price issue of Rs 13.69 crores. This upcoming IPO is entirely a fresh issue of 14.88 lakh equity shares. The allotment for this new IPO is expected to be finalised on Monday, June 24, 2024. Falcon Technoprojects India IPO will be listed on NSE SME, and the listing date is fixed on Wednesday, June 26, 2024. The book-running lead manager of Falcon Technoprojects India IPO is Kunvarji Finstock Private Limited. The registrar for this IPO is Kfin Technologies Private Limited. The market maker for this IPO is Nikunj Stock Brokers.

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About Falcon Technoprojects India Limited

Falcon Technoprojects India Limited established in 2014, provides mechanical, electrical and plumbing services across india. It operates in various sectors such as petroleum refineries, real estate, nuclear power, construction, etc. Falcon Technoprojects India offers mechanical, electrical and plumbing services. Mechanical, Electrical, and Plumbing services refer to installation services that provide comfortable spaces for building occupants. These services specifically deal with designing, selecting, and installing integrated Mechanical, Electrical, and Plumbing systems. This includes air conditioning, power and lighting system installation, water, supply and drainage. By integrating these separate systems into one, the operation can be made more energy-effective. The design of MEPs is important for planning, decision-making, accurate documentation, performance and cost estimation, construction, and ultimately the facility’s operation and maintenance. MEP services specifically cover the in-depth design and selection of these systems, rather than simply installing the equipment. 

Objectives Of Falcon Technoprojects India Limited

The net proceeds received from this public offer will be used to fulfill the company's day-to-day capital needs and ensure its smooth functioning. In addition, general corporate purposes will also be met.

Financials of Falcon Technoprojects India Limited (Amt in Rs Lakhs)

Falcon Technoprojects India posted revenue of Rs 1,036.62 lakhs and net profit of Rs 86.98 lakhs for the period ending on 31 Jan 2024. Earlier, in the period ending on 31 March 2022, the firm reported a revenue of Rs 1,656.59 lakhs and PAT of Rs 103.92 lakhs.

Other Important Details of Falcon Technoprojects India IPO

Time-Table of Falcon Technoprojects India IPO

Lot Size of Falcon Technoprojects India IPO

IPO Reservation of Falcon Technoprojects India Limited

Performance Indicator of Falcon Technoprojects India Limited

The market capitalization of Falcon Technoprojects India is Rs 49.28 crore.

EPS and P/E Ratio Post IPO

Promoters of Falcon Technoprojects India Limited and Their Holdings

The promoters of Falcon Technoprojects India company are Bharat Shreekishan Parihar and Sheetal Bharat Parihar.

Lead Manager(s) of Falcon Technoprojects India IPO

The lead manager for Falcon Technoprojects India IPO is Kunvarji Finstock Private Limited.

How do you apply for the Falcon Technoprojects India IPO?

Wait for the public issue to open for subscription, then click here to apply for the Falcon Technoprojects India Limited IPO with Bigul.

How do you check the allotment status of Falcon Technoprojects India IPO?

Kfin Technologies Private Limited is the registrar for Falcon Technoprojects India IPO. To check your allotment status, please click here.

FAQs

1. What are the details of the Falcon Technoprojects India IPO?

Falcon Technoprojects India IPO is a fixed price issue of Rs 13.69 crores. This upcoming IPO is entirely a fresh issue of 14.88 lakh equity shares. The allotment for this new IPO is expected to be finalised on Monday, June 24, 2024. 

2. Who are the lead managers for the Falcon Technoprojects India Limited IPO?

 Kunvarji Finstock Private Limited is appointed as the lead manager for the IPO.

3. What is the role of Kfin Technologies Private Limited in this IPO?

Kfin Technologies Private Limited is the registrar for Falcon Technoprojects India Limited, handling the IPO's administrative aspects.

4. How can I apply for the Falcon Technoprojects India IPO?

The public subscription of this new IPO will open on June 19, 2024. Click here to initiate the application process.

5. How will the net proceeds from the IPO be utilised?

The net proceeds received from this public offer will be used to fulfill the company's day-to-day capital needs and ensure its smooth functioning. In addition, general corporate purposes will also be met.

6. How can I check the allotment status of the IPO?

Investors who applied can check the allotment status of the Falcon Technoprojects India Limited IPO by visiting here. For further updates follow Bigul. 

7. What is the financial performance of Falcon Technoprojects India Limited?

Falcon Technoprojects India posted revenue of Rs 1,036.62 lakhs and net profit of Rs 86.98 lakhs for the period ending on 31 Jan 2024. Earlier, in the period ending on 31 March 2022, the firm reported a revenue of Rs 1,656.59 lakhs and PAT of Rs 103.92 lakhs.

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