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Faalcon Concepts Limited IPO (Faalcon Concepts IPO) Detail

April 19, 2024 - April 23, 2024

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 bidding started from April 19, 2024 and ended on April 23, 2024. The allotment for Faalcon Concepts IPO was finalized on Wednesday, April 24, 2024. The shares got listed on BSE SME on April 26, 2024.

Faalcon Concepts IPO price is ₹62 per share. The minimum lot size for an application is 2000 Shares. The minimum amount of investment required by retail investors is ₹124,000. The minimum lot size investment for HNI is 2 lots (4,000 shares) amounting to ₹248,000.

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.

Refer to Faalcon Concepts IPO RHP for detailed information.

Faalcon Concepts IPO Details

IPO Date April 19, 2024 to April 23, 2024
Listing Date April 26, 2024
Face Value ₹10 per share
Price ₹62 per share
Lot Size 2000 Shares
Total Issue Size1,950,000 shares
(aggregating up to ₹12.09 Cr)
Fresh Issue1,950,000 shares
(aggregating up to ₹12.09 Cr)
Issue Type Fixed Price Issue IPO
Listing At BSE SME
Share holding pre issue4,880,120
Share holding post issue6,830,120
Market Maker portion98,000 shares
Alacrity Securities

Faalcon Concepts IPO Reservation

Faalcon Concepts IPO offers 1,950,000 shares. 926,000 (47.49%) to NII, 926,000 (47.49%) to RII.

Investor Category Shares Offered
Anchor Investor Shares Offered-
Market Maker Shares Offered98,000 (5.03%)
Other Shares Offered926,000 (47.49%)
Retail Shares Offered926,000 (47.49%)
Total Shares Offered1,950,000 (100%)

Faalcon Concepts IPO Timeline (Tentative Schedule)

Faalcon Concepts IPO opens on April 19, 2024, and closes on April 23, 2024.

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

Faalcon Concepts IPO Lot Size

Investors can bid for a minimum of 2000 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.

Application Lots Shares Amount
Retail (Min) 1 2000 ₹124,000
Retail (Max) 1 2000 ₹124,000
HNI (Min) 2 4,000 ₹248,000
Lot Size Calculator

Faalcon Concepts IPO Promoter Holding

Mrs. Ekta Seth, Mr. Tribhuvan Seth, and Mr. Prithvi Seth are the company's promoters.

Share Holding Pre Issue 91.76%
Share Holding Post Issue 65.56%

About Faalcon Concepts Limited

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.

Faalcon Concepts Limited Financial Information (Restated)

Faalcon Concepts Limited's revenue decreased by -28.5% and profit after tax (PAT) rose by 83.58% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended31 Oct 202331 Mar 202331 Mar 202231 Mar 2021
Assets1,417.671,292.64916.77553.85
Revenue1,249.111,324.811,852.93502.21
Profit After Tax131.82179.5297.7912.34
Net Worth631.39327.53129.0222.23
Reserves and Surplus143.37325.26127.6121.23
Total Borrowing366.04190.5867.1048.30
Amount in ₹ Lakhs

Key Performance Indicator

The market capitalization of Faalcon Concepts IPO is Rs 42.35 Cr.

KPI as of October 31, 2023.

KPI Values
ROE27.49%
ROCE26.18%
Debt/Equity0.58
RoNW20.88%
P/BV9.21
PAT Margin (%)10.57
Pre IPO Post IPO
EPS (Rs) 3.683.31
P/E (x) 16.8518.74
Note:
  • The Pre IPO EPS is calculated based on Pre issue shareholding as on date of RHP and the latest FY earnings as of March 31, 2023 that is available in RHP.
  • The Post Issue EPS is calculated based on the Post issue shareholding and annualized FY earnings of October 31, 2023 that is available in RHP.

Objects of the Issue (Faalcon Concepts IPO Objectives)

The company intends to utilize the net proceeds from the issue towards the funding of 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 meet General corporate purposes.

Faalcon Concepts IPO Review (Apply)

[Dilip Davda]  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 longer gestation period for migration. Investors may park funds for the medium to long term rewards. Read detail review...


Faalcon Concepts IPO Subscription Status (Bidding Detail)

The Faalcon Concepts IPO is subscribed 71.28 times on April 23, 2024 7:02:05 PM. The public issue subscribed 47.17 times in the retail category, times in the QIB category, and 93.27 times in the NII category. Check Day by Day Subscription Details (Live Status)

CategorySubscription (times)
Other93.27
Retail47.17
Total71.28

Total Application : 27,324 (59.02 times)

Faalcon Concepts IPO Prospectus

Faalcon Concepts IPO Rating

2
4.0
Rating:Rated 4.0 stars
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Faalcon Concepts IPO Listing Details

Listing Date April 26, 2024
BSE Script Code 544164
NSE Symbol
ISIN INE0Q9W01015
Final Issue Price ₹62 per share

Pre-Open Session - BSE

Listing Day Trading Information

Price Details
Final Issue Price
Open
Low
High
Last Trade
BSE SME
₹62.00
₹95.00
₹90.25
₹95.00
₹90.25

Check IPO Performance…

Faalcon Concepts Limited Contact Details

Faalcon Concepts Limited
N-75 Ground Floor Mayfield Garden,
Sector-51NA
Gurgaon - 122018
Phone: + 91-124-4383074
Email: info@faalcon.in
Website: http://www.faalcon.in/

Faalcon Concepts IPO Registrar

Beetal Financial & Computer Services (P) Limited

Phone: +91 11 29961281
Email: beetal@beetalfinancial.com
Website: http://www.beetalmail.com/smeipo

Faalcon Concepts IPO - Buy or Not

Faalcon Concepts IPO Recommendation Summary

Review By Subscribe Neutral Avoid
Brokers 1 0 0
Members 0 0 0

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Faalcon Concepts IPO FAQs

Faalcon Concepts IPO is a SME IPO of 1,950,000 equity shares of the face value of ₹10 aggregating up to ₹12.09 Crores. The issue is priced at ₹62 per share. The minimum order quantity is 2000 Shares.

The IPO opens on April 19, 2024, and closes on April 23, 2024.

Beetal Financial & Computer Services (P) Limited is the registrar for the IPO. The shares are proposed to be listed on BSE SME.

Zerodha customers can apply online in Faalcon Concepts IPO using UPI as a payment gateway. Zerodha customers can apply in Faalcon Concepts IPO by login into Zerodha Console (back office) and submitting an IPO application form.

Steps to apply in Faalcon Concepts IPO through Zerodha

  1. Visit the Zerodha website and login to Console.
  2. Go to Portfolio and click the IPOs link.
  3. Go to the 'Faalcon Concepts IPO' row and click the 'Bid' button.
  4. Enter your UPI ID, Quantity, and Price.
  5. ‘Submit’ IPO application form.
  6. Visit the UPI App (net banking or BHIM) to approve the mandate.

Visit Zerodha IPO Application Process Review for more detail.

The Faalcon Concepts IPO opens on April 19, 2024 and closes on April 23, 2024.

Faalcon Concepts IPO lot size is 2000 Shares, and the minimum amount required is ₹124,000.

You can apply in Faalcon Concepts IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Nuvama, ICICI Bank, HDFC Bank and SBI Bank.

The finalization of Basis of Allotment for Faalcon Concepts IPO will be done on Wednesday, April 24, 2024, and the allotted shares will be credited to your demat account by Thursday, April 25, 2024. Check the Faalcon Concepts IPO allotment status.

The Faalcon Concepts IPO listing date is on April 26, 2024.
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Faalcon Concepts IPO Message Board

Ranked Members of Chittorgarh.com Forum  Ranked Members | Members with Most Likes

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229 Comments

99. Rvj |   Link |  Bookmark |May 21, 2024 12:15:38 PM
Good infra company, what your thoughts for long term investment.
98. Gaurav DD dimer |   Link |  Bookmark |May 2, 2024 4:50:29 PM
IPO Mentor IPO Mentor (1200+ Posts, 400+ Likes)
Bought today at LC.
98.1. Imhilli |   Link |  Bookmark |May 2, 2024 10:21:04 PM
IPO Guru IPO Guru (1200+ Posts, 700+ Likes)
Good purchase. What's your trigger to buy it today?
98.2. Gaurav DD dimer |   Link |  Bookmark |May 3, 2024 7:07:16 PM
IPO Mentor IPO Mentor (1200+ Posts, 400+ Likes)
@Imhilli 

Was planned, whenever pre open volume was above 50K , will grab then.

So pre open volume was my trigger for this.
As free float is low here, so was expected that, if lc breaks then uc will not be too far.

Expected good upside in coming days.
97. SaurabhJogi |   Link |  Bookmark |April 28, 2024 8:11:22 PM
IPO Mentor IPO Mentor (900+ Posts, 900+ Likes)
📌BULK DEAL:-
▪️MANOHAR MANCHURI      Bought 1,02,000 shares at Rs.94.07
▪️BINOD KUMAR GUPTA      Bought 48,000 shares at Rs.94.17
▪️MULTIPLIER SHARE & STOCK ADVISORS PRIVATE Ltd Bought 40,000 shares at Rs.90.40
97.1. SaurabhJogi |   Link |  Bookmark |April 28, 2024 8:17:42 PM
IPO Mentor IPO Mentor (900+ Posts, 900+ Likes)
📌Overall the company and sector looks good to me✅.
📍Also they have 50Cr order book (FY23 rev was 13.25Cr ).

➢not invested, will try to add once LC breaks out.
97.2. Bhav |   Link |  Bookmark |April 30, 2024 8:36:26 AM
Top Contributor Top Contributor (400+ Posts, 100+ Likes)
Right, once LC breaks it will go for UC. Today chances are there for breaking
96. kingboss |   Link |  Bookmark |April 26, 2024 9:49:04 AM
Going at lc
96.6. kingboss |   Link |  Bookmark |April 26, 2024 3:23:55 PM
Anyone still holding? What can we expect?
96.7. Scrip |   Link |  Bookmark |April 26, 2024 3:37:54 PM
Top Contributor Top Contributor (400+ Posts, 200+ Likes)
9:43 ke baad kabhi bhi price set ho sakta hai.
​Correctly mentioned by @PLAZA
95. Sanchit Jain |   Link |  Bookmark |April 26, 2024 2:31:26 PM
IPO Mentor IPO Mentor (600+ Posts, 200+ Likes)
Exited in pre-open..
94. HumorHedge |   Link |  Bookmark |April 26, 2024 10:14:17 AM
Wow! Didn't apply because of mixed talk earlier. Nice listing! So at the end QIB subscription is what matters.
94.1. Cyberdude |   Link |  Bookmark |April 26, 2024 1:12:40 PM (200+ Posts)
@HumorHedge  isme QIB quota hi nahi tha..
so QIB subscription kaha se aaya?
93. PLAZA |   Link |  Bookmark |April 26, 2024 9:55:44 AM
IPO Guru IPO Guru (2000+ Posts, 1200+ Likes)
something is exraordinary cooking as almost all sell and purchase orders removed . God nkows UC or LC....
93.1. Simply Vicky |   Link |  Bookmark |April 26, 2024 10:52:53 AM
Top Contributor Top Contributor (400+ Posts, 100+ Likes)
@PLAZA It's LC😂😂😂😂😂
92. IPONEED |   Link |  Bookmark |April 26, 2024 10:38:40 AM
IPO Guru IPO Guru (2100+ Posts, 1100+ Likes)
गुदड़ी का लाल निकला ये आईपीओ तो
91. Diligent IPO Learner |   Link |  Bookmark |April 26, 2024 10:06:30 AM
Top Contributor Top Contributor (400+ Posts, 200+ Likes)
@rohiitiansir

Le Aluwind crying in the corner after seeing such a listing ;)
91.1. rohiitian |   Link |  Bookmark |April 26, 2024 10:17:03 AM
IPO Mentor IPO Mentor (1000+ Posts, 600+ Likes)
90. Vikajay |   Link |  Bookmark |April 26, 2024 9:54:35 AM (200+ Posts)
Unexpectedly good listing. This type of listing was expected in aluwind but operators are supreme. Congratulations to all allottees for good profit.
89. Anshujii |   Link |  Bookmark |April 26, 2024 9:46:19 AM (500+ Posts)
Excellent listing
89.1. PLAZA |   Link |  Bookmark |April 26, 2024 9:53:59 AM
IPO Guru IPO Guru (2000+ Posts, 1200+ Likes)
UNEXPECTED AND UNDREAMED Listing
89.2. Anshujii |   Link |  Bookmark |April 26, 2024 9:54:33 AM (500+ Posts)
Sold in preopen
88. PLAZA |   Link |  Bookmark |April 26, 2024 9:53:05 AM
IPO Guru IPO Guru (2000+ Posts, 1200+ Likes)
sold@95 enjoy profit ....let others to make further profit
87. ultrasnow |   Link |  Bookmark |April 26, 2024 9:47:55 AM
Sold in pre-open
86. SAMJO HO HI GAYA |   Link |  Bookmark |April 26, 2024 9:37:11 AM
flipper shayad nahi aaye ge....lol
85. SAMJO HO HI GAYA |   Link |  Bookmark |April 26, 2024 9:06:15 AM
pre open me buy karege
84. ARJUN'S EYE |   Link |  Bookmark |April 26, 2024 9:06:15 AM
IPO Mentor IPO Mentor (800+ Posts, 600+ Likes)
Faalcon Concepts Ltd BSE SME IPO.
BSE Code:-544164                  
Symbol:-FAALCON
Group:-MT
ISIN:-INE0Q9W01015
Issue Price:-62/-
Market Lot:-2000 Shares
Face Value:-10/-
Listing At:-BSE SME
83. Palka |   Link |  Bookmark |April 26, 2024 8:31:08 AM
Top Contributor Top Contributor (900+ Posts, 200+ Likes)
Not able to place order on icicidirect.com... any reason?
83.1. Palka |   Link |  Bookmark |April 26, 2024 8:47:38 AM
Top Contributor Top Contributor (900+ Posts, 200+ Likes)
Anyone facing the same problem
82. Imhilli |   Link |  Bookmark |April 26, 2024 7:47:04 AM
IPO Guru IPO Guru (1200+ Posts, 700+ Likes)
Company looks good. But negative aspects are LM's performance and falling GMP.
81. Sanchit Jain |   Link |  Bookmark |April 25, 2024 2:14:02 PM
IPO Mentor IPO Mentor (600+ Posts, 200+ Likes)
ICICI Bank still not unblcoked..
81.5. Kumardbt |   Link |  Bookmark |April 25, 2024 4:07:05 PM
Hi @Sanchit Jain If it is released then why are you not able to use for IPO today? Any reason behind?
81.6. Sanchit Jain |   Link |  Bookmark |April 25, 2024 11:18:20 PM
IPO Mentor IPO Mentor (600+ Posts, 200+ Likes)
The cut off time for applying is 3 pm and funds also released only at 3.. In case of other registrars, funds are released arnd 11-12 well in time..
80. CL BASSI |   Link |  Bookmark |April 25, 2024 7:23:49 PM
Top Contributor Top Contributor (300+ Posts, 100+ Likes)
Don't sell MM and LM record so good and small issue