Faalcon Concepts Limited consists of a fresh issue of 19,50,000 shares worth INR 62 each, totaling INR 12.09 crores. The company intends to purchase façade structural equipment, support working capital needs, and address general corporate purposes.
Faalcon Concepts Ltd IPO – Important Dates
| Faalcon Concepts IPO Date | April 19, 2024 to April 23, 2024 |
| Faalcon Concepts IPO Listing Date | April 26, 2024 |
| Faalcon Concepts IPO Price | INR 62 per share |
| Faalcon Concepts IPO Lot Size | 2000 shares |
| Faalcon Concepts IPO Total Issue Size | INR 1,209 lakhs |
| Faalcon Concepts IPO Basis of Allotment | April 24, 2024 |
| Faalcon Concepts IPO Initiation of Refunds | April 25, 2024 |
| Faalcon Concepts IPO Credit of Shares to Demat | April 25, 2024 |
| Faalcon Concepts IPO Issue Type | Fixed Price Issue IPO |
| Faalcon Concepts IPO Listing At | BSE SME |
Faalcon Concepts IPO – Company Profile
Established in 2018, Faalcon Concepts Limited specializes in designing, engineering, fabricating, and installing technically demanding façade systems. It provides tailored solutions for complex projects and has earned a reputable name among customers.
They offer a diverse range, including glazing, doors, skylights, and cladding. They prioritize durability against UV, rain, and noise and serve clients across multiple states from their Gurugram, Haryana headquarters.
Accredited as a merchant exporter, the company supplies various façade materials globally. It ensures customer satisfaction through innovative solutions and holds ISO certification. The company also completes diverse projects across sectors worldwide.
Faalcon Concepts Ltd IPO Review
Faalcon Concepts Technologies’ financial analysis reveals a mixed performance. Revenue initially increased but later fell short. Profitability notably improved, while equity showed consistent growth. Return on net worth decreased, reflecting varied company performance.
- Revenue Trend: The revenue decreased from ₹1,840.80 lakhs in March 2022 to ₹1,315.17 lakhs in March 2023. The revenue for the current year’s 7-month period ending October 2023 is INR 1,246.55 lakhs, falling short of last year’s benchmark.
- Equity and Liabilities: Equity has shown a consistent increase over the periods, reflecting potential growth and expansion.
- Profitability: The profit after tax (PAT) has significantly increased from ₹97.79 lakhs in March 2022 to ₹131.82 lakhs by October 2023. This improvement in profitability could be a source of confidence for investors.
- Earnings per Share (EPS): The diluted EPS has risen from ₹2.01 in March 2022 to ₹2.71 by October 2023, reflecting higher earnings per share for investors.
- Return on Net Worth (RoNW): The RoNW has decreased from 75.80% to 20.88%, indicating a decrease in the company’s ability to generate returns on shareholder equity.
- Financial Position: Total assets have increased, suggesting potential business growth.
Faalcon Concepts IPO Fundamental Analysis
| Particular | As of 31 March 2022 | As of 31 March 2023 | As of 31 October 2023 |
| Revenue (₹ in lakhs) | 1,840.80 | 1,315.17 | 1,246.55 |
| Equity (₹ in lakhs) | 129.02 | 327.53 | 631.39 |
| Expenses (₹ in lakhs) | 1,719.60 | 1,085.03 | 1,069.51 |
| Profit and Loss After Tax (₹ in lakhs) | 97.79 | 179.52 | 131.82 |
| Diluted EPS only (₹) | 2.01 | 3.69 | 2.71 |
| Return on Net Worth (%) | 75.80 | 54.81 | 20.88 |
| NAV per Equity Share (₹) | 2.66 | 6.73 | 12.96 |
| Total Assets (in lakhs) | 916.77 | 1,292.64 | 1,417.67 |
| Total Liabilities (in lakhs) | 787.75 | 965.11 | 786.29 |
Faalcon Concepts Ltd IPO Peer Comparison
Faalcon Concepts Limited exhibits lower comparative metrics than Innovators Façade Systems Ltd., implying potential financial performance and shareholder value differences.
| Company | CMP(₹ in lakhs) | Face Value (₹) | P/E (₹) | EPS (Basic) (₹) | RoNW (%) | NAV per Equity Share (Basic) (₹) |
| FaalconConceptsLimited | 62 | 10 | 16.80 | 3.69 | 54.81 | 6.73 |
| Innovators Façade Systems Ltd. | 199 | 10 | 44.42 | 4.48 | 7.55 | 59.32 |
Faalcon Concepts Limited IPO Objective
The main objective of Falcon Concepts Limited is to finance the acquisition of façade structural equipment and cover working capital requirements.
1. To finance the Capital Expenditure for the purchase of façade Structural Equipments: The company intends to utilize INR 2.51crores of the net proceeds to fund capital expenditure for acquiring façade structural equipment, enhancing operational capabilities, and expanding infrastructure to meet customer demands.
2. To partially finance the requirement for Working Capital: The company, specializing in façade systems, faces increasing working capital needs due to prolonged project durations and their capital-intensive nature. It plans to allocate Rs. 5.75 crores from the net proceeds to meet these requirements.
3. To meet General corporate purposes: The company plans to allocate the balance fund towards general corporate goals, such as business growth, strategic initiatives, brand building, infrastructure strengthening, loan repayment, and contingencies, in compliance with applicable regulations.
Faalcon Concepts IPO Risks And Challenges
Falcon Concepts Limited’s risk includes unresolved litigation impacting reputation, substantial reliance on customer relationships for orders, and vulnerability due to heavy dependence on a few key suppliers, potentially affecting business operations and financial stability.
- The presence of unresolved litigation involving their company and promoters poses a significant risk, as an adverse outcome could profoundly impact their reputation, business operations, financial health, and cash flow.
- Their reliance on customer relationships for new orders from existing and past clients is substantial. Failure to sustain these relationships or form new ones could significantly harm their business operations and profitability.
- Their heavy reliance on a few critical suppliers for material procurement leaves the company vulnerable. Any supply disruptions or price fluctuations from these suppliers could significantly impact their business operations and financial stability.
Faalcon Concepts Limited IPO – Industry & Market Potential
The India facade market, valued at US$ 2,638.2 Million in 2022, is projected to reach US$ 4,254.5 Million by 2028, with a CAGR of 8.23%. Facades offer aesthetic appeal, weather protection, and energy efficiency.
The real estate sector, comprising housing, retail, hospitality, and commercial segments, is a crucial driver of economic growth. India’s residential market witnessed significant growth in FY23, with record-high sales volumes and values.
India Ratings and Research predicts a 9% year-over-year increase in housing sales for fiscal year 2023-24, with Grade I players expected to see 15-18% sales growth. Top eight city residential sales surged 18% in 2022-23.
Faalcon Concepts Limited IPO – Type of Offer
Faalcon Concepts Limited consists of a fresh issue of 19,50,000 shares worth INR 62 each, totaling INR 12.09 crores. The company intends to purchase façade structural equipment, support working capital needs, and address general corporate purposes.
Faalcon Concepts Limited IPO Offer Size
The offer size of Faalcon Concepts Limited is INR 1,209 lakhs, which is a fresh issue of 19,50,000 shares. The company seeks funds to purchase façade structural equipment, support working capital needs, and address general corporate purposes.
Faalcon Concepts Limited IPO Allotment Structure
Faalcon Concepts Limited’s IPO allotment structure includes a category for Retail Individual Investors (RII) with investments below ₹2 lakhs, a category for other investors exceeding ₹2 lakhs, and a reservation of 98,000 shares for Market Makers.
- Retail Individual Investors (RII): These individual investors apply for shares with a total value of less than Rs.2 lakhs.
- Other than retail individual investors: Such applications where the value exceeds INR 2 lakhs.
- Market Makers Reservation: A certain percentage or number of shares is reserved for market makers. The company has set aside 98,000 shares for this purpose.
How to apply for a Faalcon Concepts Limited IPO?
To apply for the Faalcon Concepts IPO through Alice Blue, you would typically follow these steps:
Open a Demat and Trading Account: If you don’t have one already, you must open a Demat and trading account with Alice Blue.
- Check for IPO Details: Once your account is active, you can check for the Faalcon Concepts IPO details in the IPO section of the Alice Blue platform.
- Place the Bid: Enter the number of shares you wish to buy and place your bid within the IPO’s price band.
- Submit the Application: Confirm all your details and submit your application.
You can apply for the Faalcon Concepts IPO at Alice Blue in just a few clicks!
Check Allotment Status: After the allotment process, you can check the allotment status to see if you have received any shares.
Please note that the allotment of shares is not guaranteed and will depend on the demand for the IPO.
How do you check Faalcon Concepts’s IPO Allotment Status?
Checking the allotment status of an IPO in Alice Blue is usually straightforward. Please follow these general steps:
- Log in to your Alice Blue Account: You can do this through the Alice Blue website or their trading app.
- Navigate to the Portfolio or IPO Section: This might differ based on the layout of Alice Blue’s platform, but generally, you can find the status of your IPO application under the ‘Portfolio’ or ‘IPO’ section.
- Find the IPO Allotment Status: Look for a sub-section called ‘IPO Allotment Status’ or something similar. This is where you can see the status of the IPOs you have applied for.
- Select the Faalcon Concepts IPO: If you have applied for multiple IPOs, there might be a dropdown menu or a list where you can select the IPO you are interested in. Select the Faalcon Concepts IPO.
- Check the Status: The status of your application should be displayed here. If the shares have been allocated to you, it would be mentioned here.
If you face any issues, it’s recommended that you contact Alice Blue’s customer support for detailed assistance.
Apart from Alice Blue, there are other ways to check the allotment status of the Faalcon Concepts IPO:
● Registrar’s Website: Visit the website of Beetal Financial & Computer Services Private Limited, the registrar of the Faalcon Concepts IPO. On the homepage, look for the ‘IPO Allotment Status’ option. You must enter your PAN, application, or Demat account number to check your allotment status. Click on the ‘Submit’ button to view your IPO allotment status.
● BSE SME: You can also check the allotment status on the official websites of the Bombay Stock Exchange (BSE) Small Medium Enterprise (SME). You would need your application number and PAN to check the status.
Please note that the allotment status will only be available after completing the allotment process, a few days after the IPO window closes.
Faalcon Concepts Ltd IPO Offer Registrar
The registrar for the Faalcon Concepts Limited IPO is Beetal Financial & Computer Services Private Limited. They are responsible for ensuring the IPO allotment and refund processes are carried out smoothly.
Contact information for the registrar:
Beetal House, 3rd Floor, 99, Madangir,
Behind Local Shopping Centre,
New Delhi110062, India
Tel. No.: 011-29961281-83/26051061/26051064
Email:[email protected]/[email protected]
Website: www.beetalfinancial.com
Faalcon Concepts Limited IPO – FAQs
The allotment date of the Faalcon Concepts Limited IPO is April 24, 2024.
The price band of the issue is INR 62 per share.
The offer size of Faalcon Concepts Limited is INR 12.09 crores, which is a fresh issue of 19,50,000 shares. The company seeks funds to purchase façade structural equipment, support working capital needs, and address general corporate purposes.
The listing date of Faalcon Concepts ‘ IPO is April 26, 2024.
