Business Standard

Faalcon Concepts Ltd - IPO

Issue Type

Fixed Price - SME

Issue Size (₹ Cr.)

12.09 cr

Price Range (₹)

62

Lot Size

2000

Min Investment (₹)

1,24,000.00

Listing Exchange

BSE - SME

Open Date

19-Apr-2024

Close Date

23-Apr-2024

Listing Date

26-Apr-2024

Faalcon Concepts Ltd News

    Faalcon Concepts Ltd IPO Details

    Initial public offer of upto 19,50,000 equity shares of face value of Rs. 10/- each (Equity Shares) of Faalcon Concepts Limited (Company or the Issuer) for cash at a price of Rs. 62/- per equity share including a share premium of Rs. 52/- per equity share (the Issue Price) aggregating to Rs. 12.09 crores (The Issue) of which upto 98,000 equity shares of face value of Rs. 10/- each for cash at a price of Rs. 62/- per equity share including a share premium of Rs. 52/- per equity share aggregating to Rs. 0.61 crores will be reserved for subscription by market maker to the issue (the Market Maker Reservation Portion). The issue less the market maker reservation portion i.e net issue of 18,52,000 equity shares of face value of Rs. 10/- each at a price of Rs. 62/- per equity share including a share premium of Rs. 52/- per equity share aggregating to Rs. 11.48 crores (the Net Issue). The issue and the net issue will constitute upto 28.55% and 27.12% respectively of the post issue paid up equity share capital of the company.The face value of the equity share is Rs. 10/- each and the issue price is Rs. 62/- each i.e., 6.20 times of the face value of the equity shares. The minimum lot size is 2,000 equity shares

    Objective of issue

    To finance the capital expenditure for purchase of facade structural equipments. To part finance the requirement of working capital. To meet general corporate purposes.

    Faalcon Concepts Ltd Contact Details

    Faalcon Concepts Ltd, Beetal House 99, Madangir Behind LSC, Nr Dada Harsukhdar, Delhi - 110062

    Phone - 91-011-29961281

    Fax -

    Email - info@faalcon.in

    Website - www.faalcon.in