IPO SYNOPSIS

Faalcon Concepts Ltd
Registered Office:
N 75 Ground Floor Mayfield,Garden Sector 51NA,
Gurgaon - 122018,
Haryana, India.
Email :  info@faalcon.in
Website :  www.faalcon.in
Initial public offer of upto 19,50,000 equity shares of face value of (₹) 10/- each ("Equity Shares") of Faalcon Concepts Limited ("Company" or the "Issuer") for cash at a price of (₹) 62/- per equity share including a share premium of (₹) 52/- per equity share (the "Issue Price") aggregating to (₹) 12.09 crores ("The Issue") of which upto 98,000 equity shares of face value of (₹) 10/- each for cash at a price of (₹) 62/- per equity share including a share premium of (₹) 52/- per equity share aggregating to (₹) 0.61 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 18,52,000 equity shares of face value of (₹) 10/- each at a price of (₹) 62/- per equity share including a share premium of (₹) 52/- per equity share aggregating to (₹) 11.48 crores (the "Net Issue"). The issue and the net issue will constitute upto 28.55% and 27.12% respectively of the post issue paid up equity share capital of the company. The face value of the equity share is (₹) 10/- each and the issue price is (₹) 62/- each i.e., 6.20 times of the face value of the equity shares. The minimum lot size is 2,000 equity shares
Issue
Money Payable On
Opens On
Closes On
Application
Allotment
19-Apr-24
23-Apr-24
62.00-0.00
0.00-0.00
Minimum Application for shares in Nos : 2000     Further Multiples of : 2000
 
(Rs.Cr)
Lead Managers to the Issue
Project Cost
10.14
Navigant Corporate Advisors Ltd
Project Financed
12.09
 
Post Issue
6.83
 
Issue Price
62.00
 
Projects
To finance the capital expenditure for purchase of facade structural equipments
To part finance the requirement of working capital
To meet general corporate purposes
Promoted By
Ekta Seth
Tribhuvan Seth
Prithvi Seth
Listing At
BSE - SME
Registrar to the Issue
No Data Available!!!
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