IPO Issue Details
Issue Price / Price Band₹62 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size2,000 Shares per Lot
Total Issue Size19,50,000 shares (aggregating up to ₹12.09 Cr)
Issue TypeFixed Price IPO
Sale Type / CategoryFresh Capital
Exchange / PlatformBSE SME
IPO TypeSME
Subscription OpenFri, 19 Apr 2024
Subscription CloseTue, 23 Apr 2024
Anchor AllotmentThu, 18 Apr 2024
Basis of AllotmentWed, 24 Apr 2024
Initiation of RefundsThu, 25 Apr 2024
Credit of Shares to DematThu, 25 Apr 2024
Listing DateFri, 26 Apr 2024
UPI Mandate Deadline2024-04-23
Application & Investment Details
Retail — Min (1 Lots)₹1,24,000 — 2,000 shares
Retail — Max (13 Lots)₹1,612,000 (13 Lots)
HNI — Min (2 Lots)₹2,48,000 — 4,000 shares
EPS (Pre-IPO)₹3.68
EPS (Post-IPO)₹3.31
P/E Ratio (Pre-IPO)16.85x
P/E Ratio (Post-IPO)18.74x
Net Offer to Public18,52,000 shares (aggregating up to ₹11.48 Cr)
Reserved for Market Maker98,000 shares (aggregating up to ₹0.6076 Cr)
Pre-IPO Promoter Holding48,80,120 shares
Post-IPO Promoter Holding68,30,120 shares
About Faalcon Concepts Ltd
Founded in 2018, Faalcon Concepts Limited deals with the planning, design, fabrication, and installation of façade systems.The company offers facades resistant to UV rays, acid rain, dust, noise, and other influences. Faalcon Concepts' product portfolio includes glazing/curtain walls, aluminium doors and windows, skylights, canopies, frameless glazing, MS structures, stone cladding, metal cladding, and roofing.The company's customer list includes companies 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 etc. The company has catered to customers in various states like Haryana, Uttar Pradesh, Rajasthan, Madhya Pradesh, Karnataka, Gujrat, Punjab, Delhi and overseas.As of December 23, 2023, the company had 26 employees.
Objects of the Issue
Faalcon Concepts Ltd proposes to utilise the net proceeds from the Issue for the following objects:
1
To finance the Capital Expenditure for the purchase of facade Structural Equipments;
2
To part finance the requirement of Working Capital; and
3
To part finance the requirement of Working Capital; and
Shareholding & Lock-in
Pre-IPO Promoter Holding
48,80,120 shares
Post-IPO Promoter Holding
68,30,120 shares