Faalcon Concepts Ltd IPO: Issue Details, Open/Close Date | Research 360 by Motilal Oswal
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Faalcon Concepts

CMP

69.27

+3.29 (4.99%)

  • DRHP
₹62

Offer Price

₹ 12.09 Cr

Issue Size

₹ 1,24,000

Min Investment

2,000

Lot size

Time Line

  • 19
    Apr 2024
    Open
  • 23
    Apr 2024
    Close
  • 24
    Apr 2024
    Finalisation of Basis of Allotment
  • 24
    Apr 2024
    Initiation of Refunds
  • 25
    Apr 2024
    Transfer of Shares to Demat Account
  • 26
    Apr 2024
    Listing Date

Objects of the Offer

  • Expand its customer base.

  • Capitalise on growing demand in construction industry.

  • Expansion of Geographic Reach.

  • Continue to improve quality standards.

  • Attract, train and retain qualified personnel.

Products & Services

  • Faalcon Concepts Limited is engaged in designing, engineering, fabrication and installation of fa�ade systems.

Strengths

  • Management team having domain knowledge to scale up and expand into new opportunities.

  • Marquee client base and repeat orders.

  • Smooth flow of operations.

  • Customer oriented approach.

  • Designing and execution capability.

Risks

  • There are outstanding litigation proceedings involving the Company, its Promoters, an adverse outcome in which, may have an adverse impact on its reputation, business, financial condition, results of operations and cash flows.

  • The company sources a large part of its new orders from its relationships with customers, both present and past. Any failure to maintain its long-standing relationships with the company existing customers or forge similar relationships with new ones would have a material adverse effect on its business operations and profitability.

  • Its Registered Office and Branch Office of the Company are not owned by it.

  • The company revenues have been significantly dependent on few customers and its inability to maintain such business may have an adverse effect on its results of operations.

  • The company is primarily dependent upon few key suppliers for procurement of materials. Any disruption in the supply of these materials or fluctuations in their prices could have a material adverse effect on its business operations and financial conditions.

Company Promoters

Promoters Holding

Issue For IPO
26.20%
Pre Holding

91.76%

Post Holding

65.56%

Top Promoters Holding

Financials

All values in Cr

Mar-2022 Mar-2023 Mar-2023 3-Yr trend
Revenue 18.41 (266.70%) 13.15 (-28.60%) 54.81 (-)
Gross Profit 18.41 (266.70%) 13.15 (-28.60%) 54.81 (-)
Net Income 18.41 (266.70%) 13.15 (-28.60%) 54.81 (-)
Assets 18.41 (266.70%) 13.15 (-28.60%) 54.81 (-)
Liabilities 18.41 (266.70%) 13.15 (-28.60%) 54.81 (-)

Peers

Company Name Revenue (Cr) Net Profit (Cr) Assets (Cr) Liabilities (Cr) ROE EPS BVPS Current Ratio Debt to Assets
Faalcon Concepts Ltd 13.15 1.80 5.18 1.91 54.81 0.00 1,442.86 1.58 0.37
Innovators Facade Systems Ltd 181.17 8.42 254.70 254.70 6.46 4.46 69.07 3.30 0.30

Book Running Managers

  • Navigant Corporate Advisors Ltd

Registrar & Transfer Agent

Beetal Fin.& Comp. Ser.(P) Ltd

Beetal House 99,
Madangir Behind LSC,
Nr Dada Harsukhdar - Delhi - 110062
Phone : 91-011-29961281

Company Contact Information

N 75 Ground Floor Mayfield,
Garden Sector 51NA,
Gurgaon - 122018
Phone : +91 124 4383074 Email : info@faalcon.in www.faalcon.in

Offer Related Information

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... More

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