Faalcon Concepts Limited IPO Allotment Status, Subscription and IPO Details

Faalcon Concepts' IPO ran from April 19 to 23, was priced at ₹62 per share, and the allotment was on April 24. Shares had a ₹10 face value, with bids in 2000 share lots.
Faalcon Concepts Limited IPO Allotment Status, Subscription and IPO Details

Faalcon Concepts IPO Allotment Status 

The Faalcon Concepts IPO allotment is scheduled for April 24 and is available for subscription from April 19 to April 23, priced at ₹62 per share, each with a face value of ₹10. Investors could bid in lots of 2000 shares.

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Faalcon Concepts IPO Allotment Status Check 

To ascertain their allocation status for the Faalcon Concepts IPO, investors can easily navigate through the steps provided on either the BSE platform or the IPO registrar Beetal Financial & Computer Services ‘s website.

IPO Allotment Status BSE 

Here are steps to check Faalcon Concepts  IPO allotment status on BSE website

Step 1: Visit BSE website 

Step 2: Select ‘Equity’ under the Issue Type

Step 3: Choose  Faalcon Concepts  Limited from the drop-down menu

Step 4: Enter Application No or PAN

Step 5: Click on ‘I am not a Robot’ and then hit on ‘Submit”

Steps to check Faalcon Concepts IPO allotment status on Beetal Financial & Computer Services website

Step 1: Visit IPO registrar website Beetal Financial & Computer Services 

Step 2: Select ‘Faalcon Concepts’ from the Select Company dropdown menu

Step 3: Choose from PAN, Application No, DP/Client ID or Account No/IFSC

Step 4: Enter the details as per the option selected

Step 5: Hit the Submit button

Your Faalcon Concepts IPO allotment status will be reflected on the screen.

Faalcon Concepts IPO GMP Today

The Faalcon Concepts IPO GMP (Grey Market Premium) is ₹5 as of 24th April.

Faalcon Concepts IPO Subscription Status

The Faalcon Concepts IPO by day three, was oversubscribed by 54.81 times, with the retail segment at 36.71 times and NII at 70.81 times. The company attracted bids for 10,15,10,000 shares compared to the 18,52,000 available.

Faalcon Concepts IPO Details

Faalcon Concepts’ IPO, valued at ₹12.09 crore, will issue 1.95 million new shares without an offer-for-sale component. The funds will enhance working capital, acquire facade equipment, and cover corporate expenses. Prithvi, Tribhuvan, and Ekta Seth are promoters; Beetal Financial handles registry, Navigant advises, and Alacrity Securities makes the market.

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