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Open
19 Apr 2024
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Close
23 Apr 2024
3
Allotment
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Listing
Fri, Apr 26, 2024
Price Band
₹62 per share
Issue Size
19,50,000 shares (agg. up to ₹12 Cr)
Lot Size
2,000 Shares
Listing Date
Fri, Apr 26, 2024
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 70.59x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Oct 2023 | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
|---|---|---|---|---|
| Assets | 14.18 | 12.93 | 9.17 | 5.54 |
| Total Income | 12.49 | 13.25 | 18.53 | 5.02 |
| Profit After Tax | 1.32 | 1.80 | 0.98 | 0.12 |
| NET Worth | 6.31 | 3.28 | 1.29 | 0.22 |
| Reserves and Surplus | 1.43 | 3.25 | 1.28 | 0.21 |
| Total Borrowing | 3.66 | 1.91 | 0.67 | 0.48 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Vruddhi Engineering Works Ltd. | SME | ₹4.76 Cr | ₹70 | 17.13 | ₹74.55 | +6.50% | ₹226.00 (+0.78%) |
| Sona Machinery Ltd. | SME | ₹51.82 Cr | ₹143 | 18.8 | ₹131.25 | -8.22% | ₹31.95 (-2.44%) |
| Shri Balaji Valve Components Ltd. | SME | ₹21.60 Cr | ₹100 | 9.33 | ₹199.50 | +99.50% | ₹105.00 (+4.63%) |
| Presstonic Engineering Ltd. | SME | ₹23.30 Cr | ₹72 | 6.28 | ₹147.00 | +104.17% | ₹26.35 (+1.35%) |
| Arrowhead Seperation Engineering Ltd. | SME | ₹13.00 Cr | ₹233 | 18.09 | ₹237.50 | +1.93% | ₹70.00 (+0.00%) |
| Kalyani Cast Tech Ltd. | SME | ₹30.11 Cr | ₹139 | 8.67 | ₹277.30 | +99.50% | ₹820.00 (+2.16%) |
| Vinyas Innovative Technologies Ltd. | SME | ₹54.66 Cr | ₹165 | 8.4 | ₹346.50 | +110.00% | ₹1,326.15 (-1.62%) |
| Sunita Tools Ltd. | SME | ₹22.04 Cr | ₹145 | 16.88 | ₹147.25 | +1.55% | ₹867.45 (-2.00%) |
| Global Pet Industries Ltd. | SME | ₹13.23 Cr | ₹49 | 23 | ₹52.80 | +7.76% | ₹151.15 (+4.93%) |
| Jyoti CNC Automation Ltd. | Mainboard | ₹1,000.00 Cr | ₹331 | 433.43 | ₹434.20 | +31.18% | ₹781.50 (-2.66%) |
| Cyient DLM Ltd. | Mainboard | ₹592.00 Cr | ₹265 | 66.25 | ₹420.60 | +58.72% | ₹578.65 (-1.51%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | To finance the Capital Expenditure for purchase of façade Structural Equipments | 2.51 |
| 2 | To part finance the requirement of Working Capital | 5.75 |
| 3 | To meet General corporate purposes | 1.87 |
About Faalcon Concepts IPO
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.+ Read More
Contact Details
Faalcon Concepts Ltd. AddressN-75 Ground Floor Mayfield GardenSector-51NAGurugram, Haryana, 122018+ 91-124-4383074info@faalcon.inVisit Website