Faalcon Concepts Limited IPO Details
| Detail | Description |
|---|---|
| IPO Date | April 19, 2024 to April 23, 2024 |
| Face Value | ₹ 10 per share |
| Price | ₹ 62 per share |
| Lot Size | 2,000 Shares |
| Total Issue Size | 19,50,000 shares (aggregating up to ₹ 12.09 Cr) |
| Fresh Issue | 19,50,000 shares (aggregating up to ₹ 12.09 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | BSE SME |
| Share holding pre issue | 48,80,120 |
| Share holding post issue | 68,30,120 |
| Market Maker portion | 98,000 shares Alacrity Securities |
About Faalcon Concepts Limited IPO
Faalcon Concepts Ltd. (FCL) is involved in designing, engineering, fabrication and installation of façade systems.The company is specialized in technically demanding facades. The company offers a wide range of products to fulfill the needs of the customers. Faalcon Concepts IPO is a fixed price issue of Rs 12.09 crores. The issue is entirely a fresh issue of 19.5 lakh shares. Faalcon Concepts IPO price is ₹62 per share. The minimum lot size for an application is 2000 Shares. Navigant Corporate Advisors Ltd is the book running lead manager of the Faalcon Concepts IPO, while Beetal Financial & Computer Services (P) Limited is the registrar for the issue. The market maker for Faalcon Concepts IPO is Alacrity Securities.
Objectives of the Issue
The objectives of the issue are as follows:
- 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 meet General corporate purposes.
Faalcon Concepts IPO review
The company is engaged in the business of installation of façade systems for any premises (commercial/residential/industrial) and has created a niche place. As of March 31, 2024, it had orders on hand worth Rs. 50 cr. Its growth in net margins is attributed to its cost effective completion of projects and such trends will continue, as opined by the management. Based on annualized FY24 earnings, the issue appears fully priced. Lower equity base post-IPO indicates a longer gestation period for migration. Investors may park funds for the medium to long term rewards.
Faalcon Concepts Limited IPO Financial Information
Latest Revenue
1,249.11
₹ Crore
Profit After Tax
131.82
₹ Crore
Net Worth
631.39
₹ Crore
Total Borrowing
366.04
₹ Crore
| Period Ended | Assets | Revenue From Operations | Profit After Tax | Net Worth | Total Borrowing | ||||
|---|---|---|---|---|---|---|---|---|---|
| 31 Oct 2023 | 1,417.67 | 1,249.11 | 131.82 | 631.39 | 366.04 | ||||
| 31 Mar 2023 | 1,292.64 | 1,324.81 | 179.52 | 327.53 | 190.58 | ||||
| 31 Mar 2022 | 916.77 | 1,852.93 | 97.79 | 129.02 | 67.10 | ||||
| 31 Mar 2021 | 553.85 | 502.21 | 12.34 | 22.23 | 48.30 | ||||
| Amount in ₹ Crore | |||||||||
Faalcon Concepts Limited Key Performance Indicator
| KPI | Values |
|---|---|
| ROE | 27.49% |
| ROCE | 26.18% |
| Debt/Equity | 0.58 |
| RoNW | 20.88% |
| P/BV | 9.21 |
| PAT Margin (%) | 10.57 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (Rs) | 3.68 | 3.31 |
| P/E (x) | 16.85 | 18.74 |
Frequently Asked Questions
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Competitive Strengths
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Faalcon Concepts Limited IPO Timeline
| IPO Open Date | Friday, April 19, 2024 |
| IPO Close Date | Tuesday, April 23, 2024 |
| Basis of Allotment | Wednesday, April 24, 2024 |
| Initiation of Refunds | Thursday, April 25, 2024 |
| Credit of Shares to Demat | Thursday, April 25, 2024 |
| Listing Date | Friday, April 26, 2024 |
| Cut-off time for UPI mandate confirmation | 5 PM on April 23, 2024 |
IPO Lot Size
| Investors | No.of lots | Shares Offered | Max Bid Amount |
|---|---|---|---|
| Retail (Min) | 2000 | ₹124,000 | |
| Retail (Max) | 2000 | ₹124,000 | |
| HNI (Min) | 4,000 | ₹248,000 |