Falcon Technoprojects India Ltd IPO — GMP, Details & Subscription

IPO Details

Open Date

19 Jun 2024

Close Date

21 Jun 2024

Allotment

24 Jun 2024

Listing Date

26 Jun 2024

Exchange

NSE SME

Price Band

₹92

Listing Price

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Allotment Status

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Price Band

₹92

Per share

Face Value

₹10 per share

Lot Size

1,200 Shares

per lot

Issue Size

14,88,000 shares (aggregating up to ₹13.69 Cr)

Total offering

Issue Type

Fixed Price IPO

Min Investment

₹110,400

1 lot

Pre-IPO Holding

38,68,793 shares

Promoters

Post-IPO Holding

53,56,793 shares

Promoters

P/E (Pre)

34.25x

P/E (Post)

47.22x

EPS (Pre)

₹2.69

EPS (Post)

₹1.95

UPI Deadline

2024-06-21

Mandate

Anchor AllotmentTue, 18 Jun 2024

Basis of AllotmentMon, 24 Jun 2024

Refund InitiationTue, 25 Jun 2024

Demat CreditTue, 25 Jun 2024

Listing DayWed, 26 Jun 2024

UPI Mandate Deadline2024-06-21

Sale TypeFresh Capital

Net Offer to Public14,13,600 shares (aggregating up to ₹13.01 Cr)

Market Maker Quota74,400 shares (aggregating up to ₹0.6845 Cr)

QIB Quota50% of Net Issue

HNI / NII Quota15% of Net Issue

Retail Quota35% of Net Issue

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Subscription Rate Final

Falcon Technoprojects India Ltd IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 21 Jun 2024.

QIB

1.00x

Over

NII/HNI

1.00x

Over

Retail

1.00x

Over

Total

1.00x

Over

Category	Subscription	Shares Offered	% of Total	Amount (₹Cr)
Market Maker	Awaited	74,400	—	₹0.68
QIB	Over 1.00x	—	—	—
NII / HNI	Over 1.00x	—	—	—
Retail	Over 1.00x	—	—	—
Total	1.00x	1,488,000	100%	₹13.69

IPO Shares Offered

Falcon Technoprojects India Ltd IPO total issue size: ₹13.69 Cr.

Category	Shares Offered	Amount (₹Cr)	Size (%)
Market Maker	74,400	₹0.68	5.00%
Total	1,488,000	₹13.69	100.00%

* Based on upper price band ₹92 per share

Lot Size & Investment

Lot Size

1,200

Shares per Lot

Issue Price

₹92.00

Upper Band

Min Investment

₹110,400

1 Lot

Application	Lots	Shares	Amount
Retail (Min — 2 Lots)	2	2,400	₹220,800
Retail (Max — 13 Lots)	13	15,600	₹1,435,200
S-HNI (Min — 14 Lots)	14	16,800	₹1,545,600
B-HNI (Min — 68 Lots)	68	81,600	₹7,507,200

* Issue Price ₹92 × Lot Size 1,200 shares

IPO Schedule

Anchor

18 Jun 2024

✓ Done

IPO Open

19 Jun 2024

✓ Done

IPO Close

21 Jun 2024

✓ Done

Allotment

24 Jun 2024

✓ Done

Refunds

25 Jun 2024

✓ Done

Demat Credit

25 Jun 2024

✓ Done

Listing Day

26 Jun 2024

✓ Done

₹92.00

INR · NSE

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Issue ₹92.00 Live Price

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

Working Capital Requirements of the company; and

General Corporate Purposes

Falcon Technoprojects India Ltd Financials (Amount in ₹ Lakhs)

Revenue from Operations

₹2,290.1

31 Mar 2022

₹1,656.6

31 Mar 2023

₹1,036.6

31 Jan 2024

Profit After Tax (PAT)

₹102.8

31 Mar 2022

₹103.9

31 Mar 2023

₹87.0

31 Jan 2024

Particulars	31 Jan 2024	31 Mar 2023	31 Mar 2022
Revenue from Operations	1036.62	1656.59	2290.07
EBITDA	N/A	N/A	N/A
Profit After Tax (PAT)	86.98	103.92	102.76
Net Worth	898.75	334.47	230.56
Total Assets	2143.72	2183.61	2179.53
Reserves & Surplus	511.87	284.47	180.56
Borrowings	781.04	1232.02	962.81
EBITDA Margin (%)	N/A	—	—
PAT Margin (%)	8.39%	—	—

P/BV Ratio

3.96

RoE

9.68%

RoCE

11.54%

RoNW

9.68%

PAT Margin

8.39%

Issue Structure & Shareholding

Total Shares Offered14,88,000 (100.00%)

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-Issue Promoter Holding38,68,793 shares

Post-Issue Promoter Holding53,56,793 shares

P/BV Ratio3.96

RoE9.68%

RoCE11.54%

Debt / EquityN/A

Script CodeN/A

Registrar & Lead Managers

IPO Registrar

Kfin Technologies Ltd

04067162222, 04079611000

ftil.ipo@kfintech.com

https://ipostatus.kfintech.com/

Check Allotment

Book Running Lead Managers

Kunvarji Finstock Pvt.Ltd.

GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.

IPO Subscription FAQs

How much Falcon Technoprojects India Ltd IPO subscribed? ▲

Falcon Technoprojects India Ltd IPO is subscribed 1.00 times by Jun 21, 2024. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor Category	Subscription
Qualified Institutional (QIB)	1.00x
Non Institutional (NII/HNI)	1.00x
Retail Individual	1.00x
Total Subscription	1.00x

What is Falcon Technoprojects India Ltd IPO retail subscription status? ▼

The Falcon Technoprojects India Ltd IPO retail category is subscribed 1.00 times as of 21 Jun 2024. The retail portion is oversubscribed.

How to subscribe Falcon Technoprojects India Ltd IPO? ▼

Subscribe via your broker app using ASBA or UPI. Opens 19 Jun 2024 and closes 21 Jun 2024. Min investment: ₹110,400 (1 lot = 1,200 shares). UPI mandate: 2024-06-21.

How many times Falcon Technoprojects India Ltd IPO subscribed? ▼

The Falcon Technoprojects India Ltd IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check Falcon Technoprojects India Ltd IPO allotment? ▼

Check allotment on the registrar website (Kfin Technologies Ltd) at https://ipostatus.kfintech.com/. Enter your PAN, application number or DP/Client ID. Allotment date: 24 Jun 2024. Refunds: on 25 Jun 2024.

When Falcon Technoprojects India Ltd IPO will be listed? ▼

The Falcon Technoprojects India Ltd IPO listing date is 26 Jun 2024, Wednesday. Listed on: NSE SME. Issue price: ₹92. Estimated listing: ₹92. GMP: NIL.

When Falcon Technoprojects India Ltd IPO close? ▼

The Falcon Technoprojects India Ltd IPO closes on 21 Jun 2024, Friday. UPI mandate: 2024-06-21. Allotment: 24 Jun 2024. Listing: 26 Jun 2024.

Quick Actions

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Live Price LIVE

Last Price₹92.00

Change—

Issue Price₹92.00

vs Issue—

Quick Summary

StatusListed

Issue Price₹92

Face Value₹10

Lot Size1,200 Sh

Min. Amount₹110,400

GMPNIL

Est. Listing₹92

Subscribed1.00x

Open Date19 Jun 2024

Close Date21 Jun 2024

Allotment24 Jun 2024

Listing Date26 Jun 2024

ExchangeNSE SME

UPI Deadline2024-06-21