Falcon Technoprojects India IPO GMP Today, Price Range and Company Details

Falcon Technoprojects India IPO at ₹92 per share with ₹0 grey market premium, lot size of 1200 shares. Subscription window open from June 19 to June 21, 2024.
Falcon Technoprojects India IPO GMP Today, Price Range and Company Details

As of June 18, 2024, Falcon Technoprojects India Ltd., has ₹0 as Grey Market Premium, with a price of ₹92 per share. Offering lots of 1200 shares, the subscription window is open from June 19 to June 21, 2024.

Falcon Technoprojects India IPO GMP Today

The Grey Market Premium (GMP) for Falcon Technoprojects India Limited is ₹0 as of June 18, 2024. This assessment coincides with a price of ₹92 per share for the IPO.

Falcon Technoprojects India

Falcon Technoprojects India Limited’s revenue declined from ₹2,286.19 lakhs in March 2022 to ₹1,653.50 lakhs in March 2023 and ₹1,033.81 lakhs for the 10-month period ending January 2024. Equity consistently grew but debt-equity ratio decreased. Profitability significantly dipped with profit after tax reducing from ₹102.76 lakhs to ₹86.98 lakhs.

Diluted earnings per share dropped from ₹3.07 to ₹2.44. Return on net worth plunged from 44.57% to 9.68%. Total assets increased, but the current ratio rose, indicating potential short-term obligation challenges. Inventory turnover ratio substantially decreased, suggesting slower sales or inefficient inventory management.

To get a full IPO review, click here Falcon Technoprojects India Ltd. IPO Review

Falcon Technoprojects India Limited IPO Date

Falcon Technoprojects India Limited will start accepting subscriptions from June 19, 2024 to June 21, 2024

Falcon Technoprojects India Limited IPO Price

Falcon Technoprojects India Limited’s price range is ₹92 per share with a face value of ₹10 each.

Falcon Technoprojects India Limited

Falcon Technoprojects India Private Limited, founded by Mr. Bharat Shreekishan Parihar in 2014, is an ISO 9001:2015 certified MEP consulting and contracting company. It provides MEP services across India, including designing, selecting, and installing integrated mechanical, electrical, and plumbing systems for efficient building operations in sectors like petroleum refineries, residential townships, atomic energy, and civil construction.

How To Apply For Falcon Technoprojects India Ltd IPO?

To apply for the Falcon Technoprojects India Limited IPO  through Alice Blue, follow these steps:

1. Open a Demat and Trading Account with Alice Blue if you don’t have one.

2. Access IPO details for Akme Fintrade India Limited on the Alice Blue platform.

3. Place your bid for the desired number of shares within the IPO’s price range.

4. Confirm your information and submit your application quickly.

You can apply for the Akme Fintrade India Limited IPO at Alice Blue in just a few clicks!

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