Business Standard

Falcon Technoprojects India Ltd - IPO

Issue Type

Fixed Price - SME

Issue Size (₹ Cr.)

13.69 cr

Price Range (₹)

92

Lot Size

1200

Min Investment (₹)

1,10,400.00

Listing Exchange

NSE - SME

Open Date

19-Jun-2024

Close Date

21-Jun-2024

Listing Date

26-Jun-2024

Falcon Technoprojects India Ltd News

    The Shares of Falcon Technoprojects India Ltd have now been listed.

    Falcon Technoprojects India Ltd IPO Details

    Initial public issue of 14,88,000 equity shares of face value of Rs. 10/- each of Falcon Technoprojects India Limited (FTPIL or The Company or The Issuer) for cash at a price of Rs. 92/- per equity share including a share premium of Rs. 82/- per equity share (the Issue Price) aggregating upto Rs. 13.69 crores (The Issue), of which 74,400 equity shares of face value of Rs. 10/- each for cash at a price of Rs. 92/- per equity share including a share premium of Rs. 82/- per equity share aggregating to Rs. 0.68 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 14,13,600 equity shares of face value of Rs. 10/- each at a price of Rs. 92/- per equity share including a share premium of Rs. 82/- per equity share aggregating to Rs. 13.01 crores is herein after referred to as the Net Issue. The issue and the net issue will constitute 27.78% and 26.39%, respectively, of the post issue paid up equity share capital of the company. The face value of the equity shares is Rs. 10/- each.

    Objective of issue

    Working capital requirements of the company. General corporate purposes.

    Falcon Technoprojects India Ltd Contact Details

    Falcon Technoprojects India Ltd, Karvy Selenium Tow-B, 31&32 Financial Dist, Nanakramguda, Hyderabad-500032

    Phone - 91-40-67162222

    Fax - 91-40-23001153/23420814

    Email - cs@falcontechnoprojects.com

    Website - www.falcongroupindia.com