Falcon Technoprojects India SME IPO Details, Financials, Valuation & Peers

By IPOBaseLast Updated on

Get everything you need to know about the Falcon Technoprojects India IPO. Explore Falcon Technoprojects India IPO details, including IPO dates, financial statements, valuation, peer comparison, and more.

Image
Status
Listed
Biding Dates
19 Jun - 21 Jun 2024
Price Range
₹ 92
Issue Size
₹ 13.69 crore
Listed Price
₹84-8.70%

Overview

Falcon Technoprojects India Limited, established in 2010 by Mr. Bharat Shreekishan Parihar as a sole proprietorship firm, evolved into a private limited company in 2014 to offer comprehensive project solutions under one roof. In 2023, the company transitioned to a public limited company. Falcon Technoprojects India Limited is specializing in Mechanical, Electrical, and Plumbing (MEP) services for a wide range of sectors across India, including petroleum refineries, residential townships, atomic energy, and civil construction.

Key Points:

  • MEP Services:
    • Mechanical Services: Specializes in firefighting and HVAC systems, including fire hydrants, sprinkler systems, gas-based suppression systems, and HVAC solutions like air conditioning and ventilation. Uses advanced tools like AutoCAD and PipeNet for accurate designs.
    • Electrical Services: Executes turnkey electrical projects for both high tension (HT) and low tension (LT) systems. Provides comprehensive services for power generation, lighting, architectural lighting plans, energy management, and IT/AV integration.
    • Plumbing Services: Offers solutions for sanitary fixtures, drainage systems, rainwater disposal, water supply, and rainwater harvesting, adhering to LEED and IGBC norms for energy and water conservation.
  • Market Presence:
    • Provides MEP services to a diverse range of sectors including petroleum refineries, residential townships, atomic energy, and civil construction.
    • Known for integrating mechanical, electrical, and plumbing systems to enhance energy efficiency and operational effectiveness.
  • Notable Projects and Clients:
    • Successfully executed projects for marquee clients such as Mumbai International Airport, L&T, BPCL, HPCL, Lodha Developers, Reliance Industries Limited, and Shapoorji Pallonji Group.

IPO Docs

Objects of the Issue

  • Working Capital Requirements of the Company
  • General Corporate Purposes

IPO Details

Discover essential information crucial for understanding an IPO, including the Price Band, Fresh Issue, Offer For Sale, Total IPO Size and more. Explore these key details to gain insight into the company's public offering.

FieldsDetails
IPO Dates19 Jun - 21 Jun 2024
IPO Price Band₹ 92 per share
Fresh Issue14,88,000 shares
Offer For SaleNIL
Total IPO Size₹ 13.69 crore
Face Value₹ 10
Listing OnNSE

IPO Timeline

Explore important dates like IPO opening, closing, listing and others, outlining the journey of the Public Offering. This will help you grasp the entire IPO journey effortlessly.

EventDate
IPO Opening Date19 Jun 2024
IPO Closing Date21 Jun 2024
Basis Of Allotment24 Jun 2024
Refunds25 Jun 2024
Demat Transfer25 Jun 2024
IPO Listing Date26 Jun 2024

Financial Statements

Explore a comprehensive financial data table showcasing key metrics including revenue, expenses, net income, and others. Gain valuable insights about the company's financial performance at a glance, facilitating informed decision-making and strategic planning for subscribing to the IPO.

Period Ended31st March 202131st March 202231st March 2023Jan 2024
Total Income9.4622.9016.5710.37
Total Expenses9.0521.5115.179.11
Net Profit/Loss0.301.031.040.87
NPM (*)3.134.496.278.39
Total Assets17.2021.8021.8421.44
Total Liabilities15.9219.4918.4912.45

* NPM represents the net profit margin, calculated as a percentage. All other figures are presented in crore (₹cr)

Valuation

Uncover significant valuation metrics such as EPS (Earnings Per Share), ROE (Return on Equity), ROCE (Return on Capital Employed), D/E Ratio (Debt-to-Equity Ratio), Current Ratio, and EBITDA Margin. These key indicators offer insights into the company's financial standing and performance, aiding in informed investment decisions.

Period Ended31st March 202131st March 202231st March 2023Jan 2024
EPS0.883.073.102.44
ROE (%)23.1644.5731.079.68
ROCE (%)11.4218.0315.2411.54
D/E Ratio5.714.183.680.87
Current Ratio0.991.241.452.05
EBITDA MARGIN (%)10.809.4614.4418.62

* Compiled from DRHP/RHP for valuation purposes.

Peer Comparison

No listed peers available for comparison.

Subscription Data from NSE and BSE

Investor TypeSubscribed
Qualified Institutional Buyer (QIB)0
Non-Institutional Investor (NII/HNI)45.02
Retail Individual Investor (RII)82.72
Total65.32

* All figures represent multiples of the subscription. Check subscriptions for other ongoing issues here.

IPO Registrar

KFin Technologies Limited
Phone
: +91 40 6716 2222/ 18003094001
Email: einward.ris@kfintech.com
Website: www.kfintech.com

Company Promoters

  • BHARAT SHREEKISHAN PARIHAR
  • SHEETAL BHARAT PARIHAR

Lead Managers

  • KUNVARJI FINSTOCK PRIVATE LIMITED

Company Address

Falcon Technoprojects India Limited

Unit No. 17/18, 1st Floor, Keshav Building, Vasudev Sky High Complex, Beverly Park, Mira Road East, Maharashtra- 401107

Phone: +91 22 3512 9249

Email: cs@falcontechnoprojects.com

Website: www.falcongroupindia.com

FAQs

  • What is the issue size of the Falcon Technoprojects India SME IPO?
    The Falcon Technoprojects India SME IPO has an issue size of ₹ 13.69 crore. This includes a fresh issue of 14,88,000 shares and an offer for sale (OFS) of NIL.
  • What is the price band of the Falcon Technoprojects India IPO?
    The price band for the Falcon Technoprojects India IPO is ₹ 92 per share.
  • What are the bidding dates for the Falcon Technoprojects India IPO?
    The Falcon Technoprojects India IPO will open for bidding on 19 Jun 2024 and close on 21 Jun 2024.
  • What is the allotment date for the Falcon Technoprojects India IPO?
    The allotment date for the Falcon Technoprojects India IPO is 24 Jun 2024.
  • What is the listing date for the Falcon Technoprojects India IPO?
    The listing date for the Falcon Technoprojects India IPO is 26 Jun 2024.
  • What is the Falcon Technoprojects India IPO grey market premium?
    The grey market premium (GMP) for the Falcon Technoprojects India IPO is currently at ₹0, with an expected listing gain of approximately 0%. Remember, the grey market premium is not an official indicator, but it reflects market perception and demand for the IPO shares.

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