ISSUE OPEN
Faalcon Concepts Ltd.
Min Investment
₹124000
Subscribed Times
64x
Issues size
₹12 Crores
Price Range
₹62 - ₹62
Open on
19 Apr'24
Close on
23 Apr'24

Application Details

Lot Size
2000
Issue Size
₹12 Crores
Issue Type
Book Building

IPO Timeline

19
Apr'24
Issue Open
23
Apr'24
Issue Close
24
Apr'24
Finalization of Basis of Allotment
25
Apr'24
Initiation of refund
25
Apr'24
Transfer of shares to Demat Account
26
Apr'24
Listing Date

Shares Offered

Qualified Inst. Buyers
0.00
Non Inst. Buyers
50.00
Retails Ind. Buyers
50.00

Subscription Status 

(as of 02 May 2024)
Overall Status64.01x
Qualified Inst. Buyers
0.00x
Non Inst. Buyers
85.60x
Retails Ind. Buyers
40.12x

Objects of the offer

1. To Finance the Capital Expenditure for purchase of façade Structural Equipments
2. To part finance the requirement of Incremental Working Capital
3. To meet General Corporate Purposes

Company’s Financials

Mar 2021
Mar 2022
Mar 2023
Equity Capital
Reserves and Surplus
Total Debt
Gross Block
Net Sales
PBIDT
PAT
Dividend
EPS
Book Value

Peer Comparison

Scrip NameRevenue(cr)Net Profit(cr)EPSCurrrent Ratio
Ircon International Ltd.10367.93765.238.1430.77
Thermax Ltd.8089.81450.2937.79123.6
Craftsman Automation Ltd.4451.73304.47144.1130.69
Engineers India Ltd.3330.14346.276.1639.71
Electrotherm (India) Ltd.3074.05-11.82-9.28-86.61
Sterling and Wilson Renewable Energy Ltd.3035.37-211.92-9.09-72.22
Va Tech Wabag Ltd.2960.4812.852.07466.79
Sansera Engineering Ltd.2338.3146.227.2737.95
Veritas (India) Ltd.2163.2294.8135.3643.17
Ion Exchange (India) Ltd.1989.61196.7413.4142.39

 IPOs in the News

Blackstone-backed Aadhar Housing Finance IPO opens on May 8
Aadhar Housing Finance, owned by the affiliate of Blackstone Group, will hit Dalal Street with its Rs 3,000-crore initial share sale on May 8. This would be the third public issue opening next week, after Indegene and TBO Tek. The IPO, which closes on May 10, is a mix of fresh issue of shares worth Rs 1,000 crore and an offer-for-sale (OFS) of Rs 2,000 crore worth of shares by promoter BCP Topco.
01 May 2024 | 05:11 PM
General Atlantic-backed TBO Tek IPO opens next week
TBO Tek IPO: The initial public offering of TBO Tek Ltd is going to hit the Indian primary market on 8th May 2024 and it will remain open till 10th May 2024 from Wednesday to Friday next week. The online travel distribution company is yet to declare the TBO Tek IPO price band. The online travel distribution company, which has investments from global growth equity investor General Atlantic.
01 May 2024 | 02:54 PM
IPOs in May: Indegene, TBO Tek, Aadhar Housing and 4 SME companies
The primary market remained abuzz last month with a slew of initial public offerings (IPO) hitting the Street despite the volatility in the Indian stock market. A total of 24 companies have raised more than ₹18,000 crore from IPOs in 2024 so far. The SME segment also witnessed 77 IPOs last month.The IPO frenzy is expected to continue with several scheduled IPOs in May.
01 May 2024 | 02:38 PM
Indegene IPO: GMP jumps after price band declaration
Indegene IPO: The Initial Public Offering (IPO) of Indegene Limited is going to hit the Indian primary market on 6th May 2024 i.e. on Monday next week. The company, which provides digital services to the life science industry, recently declared the Indegene IPO price band at ₹430 to ₹452 per equity share. After the announcement of the Indegene IPO price, shares of the company became available.
01 May 2024 | 01:57 PM
IPO wave shows no signs of abating in May
With the Indian equity markets outpacing major global indices in April despite geopolitical tensions in the Middle East and election-related uncertainty, the primary market will continue to see a flurry of IPO launches and listings in May. Aadhar Housing Finance Ltd, Indegene, TBO Tek, and others are expected to raise as much as Rs 7,000 crore from initial public offers this month.
01 May 2024 | 11:48 AM

Guide to IPO Investment

Company Contact Info

N-75 Ground Floor,
Mayfield Garden,
Sector-51NA,
N-75 Ground Floor,
Mayfield Garden,
Sector-51NA,Gurgaon,Haryana-122018
Phone : 4383074

Book Running Managers

Navigant Corporate Advisors Ltd.

Registrar & Transfer Agent

BEETAL FINANCIAL & COMPUTER SERVICES (P) LTD
Beetal House, 3rd Floor99, Madangir, Behind Local Shopping Centre,New Delhi,Delhi-110062
Phone : 29961281
Fax :29961284/

Offer Related Information

Initial public offering of up to 1950000 equity shares of face value of Rs.10.00 each (Equity Shares) of Faalcon Concepts Ltd.("The Company" or the "Issuer")
 for cash at a price of Rs.62.00 per equity share (including a premium of Rs.52.00 per equity share) ("Offer Price")
aggregating up to Rs.120900000 crores.
Offer Price: Rs.62.00 per equity share of face value of Rs.10.00 each.
The Offer Price is {ApplicationMoney/FaceValue} times of the face value
The minimum bid lot is 2000 equity shares and in multiples of 2000 equity shares thereafter
Single-click UPI-based IPO application
I wish to talk in South Indian language
By proceeding you’re agreeing to our T&C