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Falcon Technoprojects India IPO
Price Band
₹
Issue Size
₹13.69 Cr
Lot Size
1,200 shares
Min Investment
₹110,400
GMP
—
Issue Price
₹92.0
Falcon Technoprojects India IPO AI Summary
- Falcon Technoprojects India IPO is listed on NSE SME in the Diversified Commercial Services sector.
- Subscription window: 19 Jun–21 Jun 2024, listing on 26 Jun 2024.
TopFund is not SEBI-registered — this is educational analysis, not personalized investment advice.
Falcon Technoprojects India IPO — Third-Party Research Views
Reviews below reflect analyst calls made before this IPO closed on 21 Jun 2024 — not a current signal.
Recommendations are sourced from third-party research firms and are not TopFund's own investment advice.
Important Dates
Subscription Status
Subscription data unavailable
Falcon Technoprojects India IPO Grey Market Premium (GMP) Today
GMP not available yet
Grey Market Premium is updated daily. Check back closer to the listing date.
About the Company
Established in 2014, Falcon Technoprojects India Limited provides mechanical, electrical and plumbing services to its clients across India and operates in various sectors such as petroleum refineries, housing estates, nuclear power, construction, etc. The company offers mechanical, electrical and plumbing (MEP) services. These services include the design, selection and installation of integrated mechanical, electrical and plumbing systems. This includes the installation of air conditioning, power and lighting systems, water supply and drainage, fire protection and fire extinguishing systems and telephones. On January 31, 2024, the company had a total of 24 employees.
Company Financials (₹ Cr)
As of 2024-01-31
| Period Ended | 31 Jan 2024 | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
|---|---|---|---|---|
| Assets | 21.44 | 21.84 | 21.80 | 17.20 |
| Total Income | 10.37 | 16.57 | 22.90 | 9.46 |
| Profit After Tax | 0.87 | 1.04 | 1.03 | 0.30 |
| NET Worth | 8.99 | 3.34 | 2.31 | 1.28 |
| Reserves and Surplus | 5.12 | 2.84 | 1.81 | 0.78 |
| Total Borrowing | 7.81 | 12.32 | 9.63 | 7.30 |
Key Ratios
EPS
₹2.69
NAV
₹23.23
ROE
9.68%
ROCE
11.54%
RoNW
9.68%
P/B Value
3.96
P/E Ratio
34.25
Market Cap
₹49.28 Cr
PAT Margin
8.39%
Promoters
Bharat Shreekishan Parihar and Sheetal Bharat Parihar
Objects of the Issue
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects: # Issue Objects Est Amt (₹ Cr.) 1 Working Capital Requirements of our Company 10.27 2 General Corporate Purposes 2.81
IPO Evaluation
Generated 23 Sep 2026Revenue Trend
Total income was ₹22.90 Cr in the year ended 31 Mar 2022, declining to ₹16.57 Cr by 31 Mar 2023, and further decreasing to ₹10.37 Cr by 31 Jan 2024. This decline in revenue reflects a significant drop over the periods analyzed.
Profit Trend
Profit after tax was ₹1.03 Cr in the year ended 31 Mar 2022, slightly increasing to ₹1.04 Cr by 31 Mar 2023, but then falling to ₹0.87 Cr by 31 Jan 2024. This shows a decrease in profitability in the most recent period, though the earlier period saw a slight increase.
Grey Market Premium, Explained
The grey market refers to the unofficial trading of shares before they are listed on the stock exchange. Grey market premium (GMP) indicates the expected listing price of an IPO based on demand in this unofficial market. A positive GMP suggests that investors expect the stock to list at a higher price than the issue price, while a negative GMP indicates the opposite.
Who This IPO Suits
Investors comfortable with short-term volatility and a long-term horizon typically weigh IPOs like this against their investment strategy and risk tolerance. It is essential to consider the company's financial health and market conditions before making a decision.
Who May Want to Wait
Investors who are risk-averse or looking for stable, predictable returns may want to avoid this IPO, especially given the recent decline in revenue and profit figures.
IPO Timeline, Explained
The IPO process includes several key dates: the issue opens on June 19, 2024, and closes on June 21, 2024. Allotment of shares will occur on June 24, 2024, with the listing date set for June 26, 2024.
Listing Gains — The Risk
Listing gains refer to the potential profit an investor can make when shares are sold on the day they are listed on the stock exchange. While some IPOs may see significant listing gains due to high demand, others may not perform well. Investors should be aware of the risks involved, including market volatility and the possibility of losses.
This evaluation is generated from Falcon Technoprojects India's own public IPO filing data for educational purposes and is not investment advice or a recommendation to apply, subscribe to, or avoid this issue — see Broker Recommendations below for named third-party research views (clearly attributed, not TopFund's own). TopFund is not a SEBI-registered investment adviser — see our Disclaimer.
Frequently Asked Questions
When does Falcon Technoprojects India IPO open and close?
Falcon Technoprojects India IPO opens on 19 June 2024 and closes on 21 June 2024.
When does Falcon Technoprojects India IPO list on the stock exchange?
Falcon Technoprojects India IPO listed on 26 June 2024 at ₹92.0.
What is the lot size for Falcon Technoprojects India IPO?
The lot size for Falcon Technoprojects India IPO is 1200 shares, requiring a minimum investment of ₹110,400.
What is the issue price of Falcon Technoprojects India Limited's IPO?
The issue price is ₹92.0.
What is the minimum investment required for this IPO?
The minimum investment required is ₹110,400.0.
What is the lot size for this IPO?
The lot size is 1200 shares.
When is the listing date for this IPO?
The listing date is June 26, 2024.
What does GMP mean?
GMP stands for Grey Market Premium, indicating the expected price of the stock on listing day based on unofficial trading.
Issue Details
Investor Allocation
Registrar
Lead Managers / Book Running
IPO Timeline
Open
19 Jun 2024
Close
21 Jun 2024
Allotment
24 Jun 2024
Listing
26 Jun 2024
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