Falcon Technoprojects India SME IPO Details, Financials, Valuation & Peers
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.
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.
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.
| Fields | Details |
|---|---|
| IPO Dates | 19 Jun - 21 Jun 2024 |
| IPO Price Band | ₹ 92 per share |
| Fresh Issue | 14,88,000 shares |
| Offer For Sale | NIL |
| Total IPO Size | ₹ 13.69 crore |
| Face Value | ₹ 10 |
| Listing On | NSE |
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.
| Event | Date |
|---|---|
| IPO Opening Date | 19 Jun 2024 |
| IPO Closing Date | 21 Jun 2024 |
| Basis Of Allotment | 24 Jun 2024 |
| Refunds | 25 Jun 2024 |
| Demat Transfer | 25 Jun 2024 |
| IPO Listing Date | 26 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 Ended | 31st March 2021 | 31st March 2022 | 31st March 2023 | Jan 2024 |
|---|---|---|---|---|
| Total Income | 9.46 | 22.90 | 16.57 | 10.37 |
| Total Expenses | 9.05 | 21.51 | 15.17 | 9.11 |
| Net Profit/Loss | 0.30 | 1.03 | 1.04 | 0.87 |
| NPM (*) | 3.13 | 4.49 | 6.27 | 8.39 |
| Total Assets | 17.20 | 21.80 | 21.84 | 21.44 |
| Total Liabilities | 15.92 | 19.49 | 18.49 | 12.45 |
* 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 Ended | 31st March 2021 | 31st March 2022 | 31st March 2023 | Jan 2024 |
|---|---|---|---|---|
| EPS | 0.88 | 3.07 | 3.10 | 2.44 |
| ROE (%) | 23.16 | 44.57 | 31.07 | 9.68 |
| ROCE (%) | 11.42 | 18.03 | 15.24 | 11.54 |
| D/E Ratio | 5.71 | 4.18 | 3.68 | 0.87 |
| Current Ratio | 0.99 | 1.24 | 1.45 | 2.05 |
| EBITDA MARGIN (%) | 10.80 | 9.46 | 14.44 | 18.62 |
* Compiled from DRHP/RHP for valuation purposes.
Peer Comparison
No listed peers available for comparison.
Subscription Data from NSE and BSE
| Investor Type | Subscribed |
|---|---|
| Qualified Institutional Buyer (QIB) | 0 |
| Non-Institutional Investor (NII/HNI) | 45.02 |
| Retail Individual Investor (RII) | 82.72 |
| Total | 65.32 |
* 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.