Faalcon Concepts Limited IPO
- IPO Date19 Apr, 2024 to 23 Apr, 2024
- Listing Date26 Apr, 2024
- Face Value₹10 per share
- Issue Price₹62 to ₹62 per share
- Lot Size2000 Shares
- Minimum Investment₹1,24,000
- Listing AtBSE SME
- Total Issue Size19,50,000 Shares
(aggregating up to ₹12.09 Cr) - Fresh Issue19,50,000 Shares
(aggregating up to ₹12.09 Cr)
- Offer for Sale-
- Issue TypeFixed Price Issue IPO
- Share holding pre issue48,80,120
- Shareholding post issue68,30,120
IPO Dates
Closing Date
23 Apr, 2024
Initiation of Refunds
25 Apr, 2024
Listing Date
26 Apr, 2024
19 Apr, 2024
Opening Date
24 Apr, 2024
Basis of Allotment
25 Apr, 2024
Credit of Shares
Faalcon Concepts Limited 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 | ₹1,24,000 |
| HNI (Min) | 2 | 4000 | ₹2,48,000 |
| Retail (Max) | 1 | 2000 | ₹1,24,000 |
Faalcon Concepts Limited Promoter Holding
Mrs. Ekta Seth, Mr. Tribhuvan Seth, and Mr. Prithvi Seth are the company's promoters.
| Pre Issue Share Holding | Post Issue Share Holding |
|---|---|
| 91.76% | 65.56% |
Faalcon Concepts Limited COMPANY INFORMATION
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 opened for subscription on April 19, 2024 and will close on April 23, 2024. The allotment for the Faalcon Concepts IPO is expected to be finalized on Wednesday, April 24, 2024. Faalcon Concepts IPO will list on BSE SME with tentative listing date fixed as Friday, 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.
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.
FAQs About Faalcon Concepts Limited Ipo
Faalcon Concepts Limited IPO will open on 19 Apr, 2024 and close on 23 Apr, 2024. Investors must apply within this period to participate.
The Faalcon Concepts Limited IPO price band is set between ₹62.00 and ₹62.00 per share. The minimum lot size is 2000, requiring an investment of at least ₹124000.00.
The Faalcon Concepts Limited IPO shares are expected to be listed on 26 Apr, 2024, subject to regulatory approvals and final allotment.
You can track your Faalcon Concepts Limited IPO application status on the registrar’s website: Link Intime or KFintech using your PAN, application number, or DP ID
The Faalcon Concepts Limited IPO will be listed on major stock exchanges such as NSE and BSE, where you can trade shares once they are listed.