Falcon Technoprojects India - AstroIPO

Falcon Technoprojects India


June 18, 2024 Written By Mihir Gohel, Reviewed and Fact Checked by Harpal Parmar

Falcon Technoprojects India Ltd., an engineering consultancy firm, is launching its initial public offering (IPO) on the National Stock Exchange (NSE) from June 19 to 21, 2024. The company aims to raise Rs. 13.69 crore through this fixed-price issue, offering 14.88 lakh shares at Rs. 92 per share.

The minimum application size is 1200 shares, with a cap of Rs. 5,00,000 for retail subscriptions. Falcon Technoprojects’ shares are expected to list on the NSE on June 26, 2024.

This IPO presents an opportunity to gain exposure to the engineering consultancy sector. Falcon Technoprojects has been operating in this field, potentially developing expertise and a client base over time.

The engineering consultancy industry often benefits from infrastructure development and technological progress. Falcon Technoprojects’ position within this sector may be worth exploring.

Falcon Technoprojects India Details

IPO Size 13.69
Price Range 92
Retail Quota 50%
QIB Quota --
NII Quota 50%
Employee Discount --
Listing at NSE
Minimum Quantity 1200
Investment (cut-off price) ₹110,400
Pre IPO Promotor Holding 84.20%
Post IPO Promotor Holding --
DHRP Draft Click Here
RHP Draft Click Here
Anchor Investors List Click Here

Falcon Technoprojects India Timelines

19/06/2024
Start Date
21/06/2024
End Date
24/06/2024
Allotment Date View Status
25/06/2024
Refund Initiation
25/06/2024
Credit of Shares to Demat Ac
26/06/2024
Listing Date

Falcon Technoprojects India Lot Size

Application Lot Size Shares Amount
Retail Minimum 1 1200 ₹110,400
Retail Maximum 1 1200 ₹110,400
S-HNI Minimum 2 2400 ₹220,800

Falcon Technoprojects India Subscription Status

QIB NII Retail EMP Total
-- 1.76 x 12.21 x -- 6.98 x

IPO Performance on Listing Day

Opening Price Closing Price Day High Day Low
₹84 ₹88.20 ₹88.20 ₹82

Falcon Technoprojects India Company Financials

Year Total Income Total Expense PAT
Year 2021 ₹9.46 ₹9.05 ₹0.30
Year 2022 ₹22.90 ₹21.51 ₹1.03
Year 2023 ₹16.57 ₹15.17 ₹1.04
Year 2024 (10 M) ₹10.37 ₹9.11 ₹0.87

About Company

Initially established as a business focused on MEP consulting and contracting, Falcon Techno projects India Private Limited expanded its operations and was formally founded in 2014. As an ISO 9001:2015 certified company, it provides Mechanical, Electrical, and Plumbing (MEP) services to clients across India.

They serve various sectors, such as petroleum refineries, residential townships, atomic energy, and civil construction. MEP services involve the design, selection, and installation of systems that create comfortable environments for building occupants. This includes air-conditioning, power and lighting, water supply and drainage, fire safety, and telecommunications systems.

Incorporation Date Sector Managing Director
2014 Other Sheetal Parihar

Know Before Investing

Falcon Technoprojects India Strengths

  • The company has strong project management and execution capabilities.
  • The company has long-standing relations with customers and focuses on acquiring new customers.
  • Managing diverse business operations amidst growing demand.
  • It has technology at the forefront of the current and future business.
  • Experienced promoters and management team.

Falcon Technoprojects India Risks

  • The company operates in a competitive environment.
  • There is Pricing pressure from customers.
  • High working capital requirements.
  • It has reported negative cash flow in the past.

Swot Analysis for Falcon Technoprojects India

Strengths

Weaknesses

Opportunities

Threats

Contact Details of IXIGO

Falcon Technoprojects India Limited Unit No. 17/18, 1st Floor, Keshav Building, Vasudev Sky High Complex, Beverly Park, Mira Road East - 401107 Phone: +91 22 3512 9249 Email: [email protected] Websitehttp://www.falcongroupindia.com/

Kfin Technologies Limited

Phone: 04067162222, 04079611000

Email: [email protected]

Website: https://kosmic.kfintech.com/ipostatus/

Company Details

Falcon Technoprojects India Limited

Unit No. 17/18, 1st Floor, Keshav Building,
Vasudev Sky High Complex, Beverly Park,
Mira Road East – 401107

Phone: +91 22 3512 9249

Email: [email protected]

Website: http://www.falcongroupindia.com/

IPO Registar Details

Kfin Technologies Limited

Phone: 04067162222, 04079611000

Email: [email protected]

Website: https://kosmic.kfintech.com/ipostatus/

FAQs

The key objectives of Falcon Techno projects India IPO are:

  • Working Capital Requirements of our Company.
  • General Corporate Purposes.

Kunvarji Finstock Pvt Ltd. is the book-running lead managers for the Falcon Techno projects India IPO.

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