Falcon Technoprojects India Ltd

Falcon Technoprojects India Ltd IPO

IPO Price Range: ₹92 - 92

Falcon Technoprojects India Limited is engaged in the business of providing Mechanical, Electrical and Plumbing (MEP) services to PAN India customers.

Min Investment

₹1,10,400

IPO Size

₹13 Cr

IPO Status

Closed

Quantity in 1 Lot

1200

Max Bid allowed

1

Listing Exchange

NSE

IPO Application Timeline of Falcon Technoprojects India Ltd

Open Date19 Jun 2024
Close Date21 Jun 2024
Allotment Date24 Jun 2024
Listing Date26 Jun 2024

Key Statistics

Bid Opening DateBid Opening Date19 Jun 2024
Bid Closing DateBid Closing Date21 Jun 2024
Allotment DateAllotment Date24 Jun 2024
Issue SizeIssue Size₹13.69Cr
Quantity in 1 lotQuantity in 1 lot1200

Strength and risks

Strength

Strength

  • Experienced Management team having domain knowledge to scale up and expand into newopportunities.

  • Dedicated technical & functional team to provide solutions to its customers.

  • Experience of handling large & complex projects.

  • Multi-year relationships with most customers.

  • Improving operational efficiency.


Risk

Risk

  • The company derives significant portion of its revenue from limited number of customers, the loss of one or more such customers, the deterioration of their financial position or prospects, or a reduction in their demand for its services could adversely affect its business, financial position and future prospects of the Company.

  • Its Registered Office from where the company operates is not owned by it.

  • The company operates in a competitive environment and may not be able to effectively compete withsimilar companies, which could have a material adverse effect on its business, results ofoperations and financial condition.

  • Pricing pressure from its customers may adversely affect its gross margin, profitability and ability to increase the company prices, which may in turn have a material adverse effect on its results of operations and financial condition.

  • Its Promoter Mr. Bharat Shreekishan Parihar plays a key role in the company functioning and itsheavily relies on his knowledge and experience in operating its business and therefore, it iscritical for the companys business that its promoter remain associated with the company.

  • The company depends on its management team and other personnel with technical expertise, and if the company is unable to recruit and retain qualified and skilled personnel, its business and its ability to operate or grow the companys business may be adversely affected.

  • There are outstanding litigations involving the Company, Promoters and Directors which, ifdetermined adversely, may affect its business and financial condition.

  • If the company is unable to collect its dues and receivables from the companys customers in accordance with the terms and conditions of the contracts and the delivery and payment schedules, its business, results of operations or financial condition could be materially and adversely affected.

  • The company has experienced negative cash flows in the past. Any such negative cash flows in thefuture could affect its business, results of operations and prospects.

  • Its business requires significant amounts of working capital. If the company experience insufficient cash flows from its operations or are unable to borrow funds to meet the company working capital requirements, it may materially and adversely affect its business and results of operations.

Promoters Holding

Investors Holdings %
Bharat Shreekishan Parihar65.15%
Sheetal Bharat Pahihar13.49%

About Falcon Technoprojects India Ltd

OrganisationFalcon Technoprojects India Ltd
HeadquartersMumbai
IndustryEngineering

Frequently Asked Questions

  • What is the size of the Falcon Technoprojects India Ltd IPO?

    The size of the Falcon Technoprojects India Ltd IPO is ₹13.69Cr .

  • What is 'pre-apply' for Falcon Technoprojects India Ltd IPO?

    'Pre-apply' for Falcon Technoprojects India Ltd IPO indicates your interest in the IPO before it opens for subscription. This ensures quick application when the IPO goes live.

  • When will my Falcon Technoprojects India Ltd IPO order be placed?

    Your Falcon Technoprojects India Ltd IPO order will be placed on 19 Jun 2024.

  • What are the open and close dates of the Falcon Technoprojects India Ltd IPO?

    The open and close dates of the Falcon Technoprojects India Ltd IPO are 19 Jun 2024 to 21 Jun 2024.

  • What is the lot size and minimum order quantity of the Falcon Technoprojects India Ltd IPO?

    The lot size and minimum order quantity of the Falcon Technoprojects India Ltd IPO are 1200 and 1200 respectively.

  • What would be the listing gains on the Falcon Technoprojects India Ltd IPO?

    The potential listing gains on the Falcon Technoprojects India Ltd IPO will depend on various market factors and cannot be predicted with certainty.