Falcon Technoprojects India Limited (NSE SME)
Jun 19, 2024 - Jun 21, 2024
| Price | ₹92 - ₹92 |
| Premium | ₹0 |
|---|---|
| Lot size | 1200 |
| Allotment | Jun 24, 2024 |
| Listing | Jun 26, 2024 |
| Category | Lot(s) | Qty | Amount | Reserved |
|---|---|---|---|---|
| Retail | 1 | 1200 | 110400 | 589 |
| HNI | 2 | 2400 | 220800 | 589 |
Last updated on 21-Jun-2024 17:59:05
| Category | Offered | Applied | Times |
|---|---|---|---|
| NIB | 706800 | 31748400 | 44.92 |
| RETAIL | 706800 | 57290400 | 81.06 |
| Total | 1413600 | 89038800 | 62.99 |
| Retail Apps | 47742 | © IPO Premium | |
| HNI Interest Cost Per Share (7 Days) | |||||
|---|---|---|---|---|---|
| @7% ₹5.55 | @8% ₹6.34 | @9% ₹7.13 | @10% ₹7.93 | @11% ₹8.72 | @12% ₹9.51 |
Falcon Technoprojects India IPO Reservation
| Investor Category | Shares Offered | No. of Shares |
|---|---|---|
| Retail | 47.5% | 706800 |
| Other | 47.5% | 706800 |
| Market Maker | 5.0% | 74400 |
| Total No. of Shares | 100.0% | 1488000 |
Falcon Technoprojects India IPO Details
| Issue Size | 1,488,000 shares (aggregating up to ₹13.69 Cr) |
| Fresh Issue | 1,488,000 shares (aggregating up to ₹13.69 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | NSE SME |
| Share holding pre issue | 3,868,793 |
| Share holding post issue | 5,356,793 |
| Market Maker portion | 74,400 shares Nikunj Stock Brokers |
Key Performance Indicator
| KPI | Jan-24 | Mar-23 | Mar-22 |
|---|---|---|---|
| ROE | 9.68% | 31.07% | 44.57% |
| ROCE | 11.54% | 15.24% | 18.03% |
| RONW | 9.68% | 23.16% | 44.57% |
| EPS (Diluted) | 2.44 | 0.88 | 3.07 |
| P/E Pre IPO | 34.25 | ||
| P/E Post IPO | 47.22 |
Company Financials
Falcon Technoprojects India Limited Financial Information (Restated)
| Period | Jan 2024 | Mar 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|
| Assets | 2,143.72 | 2,183.61 | 2,179.53 | 1,720.12 |
| Revenue | 1,036.62 | 1,656.59 | 2,290.07 | 946.35 |
| Profit | 86.98 | 103.92 | 102.76 | 29.60 |
| Net Worth | 898.75 | 334.47 | 230.56 | 127.79 |
| Reserves | 511.87 | 284.47 | 180.56 | 77.79 |
| Borrowing | 781.04 | 1,232.02 | 962.81 | 729.75 |
| Amount in ₹ Lakhs | ||||
About Company
Falcon Technoprojects India Limited, established in 2014, specializes in providing comprehensive mechanical, electrical, and plumbing (MEP) services across various sectors in India, including petroleum refineries, housing estates, nuclear power, and construction. The company's MEP services encompass the design, selection, and installation of integrated systems such as air conditioning, power and lighting, water supply and drainage, fire protection and extinguishing systems, and telecommunication setups. As of January 31, 2024, Falcon Technoprojects India Limited operates with a dedicated team of 24 employees, ensuring tailored solutions to meet the diverse needs of its clients while maintaining high standards of quality and efficiency in its projects.
Strength Factors
Experienced Management: Falcon Techno projects India Limited boasts a management team with extensive domain knowledge, enabling the company to scale up and explore new opportunities effectively.
Dedicated Technical & Functional Team: The Company has a committed technical and functional team that excels in providing customized solutions to meet customer needs.
Expertise in Large & Complex Projects: With a proven track record in managing large and complex projects, Falcon Techno projects ensures reliable and high-quality service delivery across various sectors.
Risk Factors
Revenue Concentration: A significant portion of Falcon Techno projects' revenue comes from a limited number of customers, so losing any of these customers or a decline in their demand could negatively impact the company's financial health and future prospects.
Office Ownership: The company does not own its Registered Office, which may present operational risks and uncertainties related to leasing arrangements.
Competitive Environment: Operating in a highly competitive market, Falcon Technoprojects may face challenges in effectively competing with similar companies, potentially affecting its business performance and financial condition.
Falcon Technoprojects India IPO Lead Manager(s)
- Kunvarji Finstock Pvt Ltd
Kfin Technologies Limited
Phone: 04067162222, 04079611000
Email: ftil.ipo@kfintech.com
Website: https://kosmic.kfintech.com/ipostatus/