Falcon Technoprojects India Limited

Company Profile
Company Name Falcon Technoprojects India Limited
Open Date 19-06-2024
Close Date 21-06-2024
Exchange NSE SME
Lot Size 1200 Shares
Issue Price ₹92 per share
Issue Size 14,88,000 shares
Application Amount ₹1,10,400
Recommendation Avoid
Falcon technoprojects India Limited was incorporated in 2010 with its registered office in Mira Road East, Mumbai. The company is engaged in providing mechanical electrical and plumbing services to their PAN India customers which are operating in various sectors including petroleum refineries, residential townships, atomic energy, civil construction, etc. Some of their services include installing air-conditioning systems, power & lighting systems, water & drainage systems, fire-fighting systems, etc. The Company employs 24 people at various levels as of 31st January, 2024 on its payroll.
(Read more on the review)

Financial Summary in Lakhs

For the Period Ended Mar-21 Mar-22 Mar-23 Dec-23
Total Assets 1,720.12 2,179.52 2,183.62 2,143.73
Net Assets 127.79 230.56 334.47 898.75
Total Borrowings 729.75 962.81 1,232.02 771.68
Total Revenue 946.35 2,290.08 1,656.58 1,036.62
Profit After Tax 29.59 102.75 103.91 86.98

Tentative Timeline

Opening Date 19-06-2024
Closing Date 21-06-2024
Basis of Allotment 24-06-2024
Initiation of Refunds 25-06-2024
Credit of Shares to Demat 25-06-2024
Listing Date 26-06-2024

Objects of the Issue

Working capital requirements of the company.
General Corporate Expenses.

Contact Information

Registered Office Falcon Technoprojects India Limited Unit No. 17/18, 1st Floor, Keshav Building, Vasudev Sky High Complex, Beverly Park, Mira Road East - 401107
Phone +91 22 3512 9249
Email cs@falcontechnoprojects.com
Website http://www.falcongroupindia.com/

Registrar Details

Name Kfin Technologies Limited
Phone 04067162222, 04079611000
Email ftil.ipo@kfintech.com
Website https://kosmic.kfintech.com/ipostatus/

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) 84.20%
Share Holding Post Issue (Promoters) 60.81%

Contact Us to Enable Your Success!