Faalcon Concepts Limited

Company Profile
Company Name Faalcon Concepts Limited
Open Date 19-04-2024
Close Date 23-04-2024
Exchange BSE SME
Lot Size 2000 Shares
Issue Price ₹62 per share
Issue Size 19,50,000 shares
Application Amount ₹1,24,000
Recommendation Risk Averse investors should wait and Risk Seekers should apply
Founded in 2018, Faalcon Concepts Limited has its registered office in Gurgaon, Haryana, India. The company is engaged in designing, engineering, fabrication and installation of façade systems. The company specialise in technically demanding facades. The company’s product basket ranges from glazing/curtain walls, high-end aluminium doors & windows, skylights, canopies, frameless glazing, MS structures, stone cladding, metal cladding, roofing & others. The company has catered to its customer base in various states such as Haryana, Uttar Pradesh, Rajasthan, Madhya Pradesh, Karnataka, Gujrat, Punjab and Delhi. As of February 29, 2024, the company had a total of 77 employees on its payroll.
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Financial Summary in Lakhs

For the Period Ended Mar-21 Mar-22 Mar-23 Oct-23
Total Assets 553.85 916.77 1,292.64 1,417.67
Net Assets 22.23 129.02 327.53 631.38
Total Borrowings 48.30 67.10 190.58 366.04
Total Revenue 502.21 1,852.93 1,324.81 1,249.11
Profit After Tax 12.31 97.79 179.52 131.83

Tentative Timeline

Opening Date 19-04-2024
Closing Date 23-04-2024
Basis of Allotment 24-04-2024
Initiation of Refunds 25-04-2024
Credit of Shares to Demat 25-04-2024
Listing Date 26-04-2024

Objects of the Issue

To finance the Capital Expenditure for the purchase of facade Structural equipment.
To part finance the requirement of Working Capital.
General corporate purposes.

Contact Information

Registered Office Faalcon Concepts Limited N-75 Ground Floor Mayfield Garden, Sector-51NA Gurgaon - 122018
Phone + 91-124-4383074
Email info@faalcon.in
Website http://www.faalcon.in/

Registrar Details

Name Beetal Financial & Computer Services (P) Limited
Phone +91 11 29961281
Email beetal@beetalfinancial.com
Website http://www.beetalmail.com/smeipo

IPO Reservation

Retail Shares Offered 50% of the net offer
Other Shares Offered 50% of the net offer

Shareholding Pattern

Share Holding Pre Issue (Promoters) 91.76%
Share Holding Post Issue (Promoters) 65.56%

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