Faalcon Concepts Limited IPO

Founded in 2018, Faalcon Concepts Limited deals with the planning, design, fabrication, and installation of façade systems.

The company offers facades resistant to UV rays, acid rain, dust, noise, and other influences. Faalcon Concepts’ product portfolio includes glazing/curtain walls, aluminium doors and windows, skylights, canopies, frameless glazing, MS structures, stone cladding, metal cladding, and roofing.

The company’s customer list includes companies like Espirit Techno Consultant Pvt. Ltd, Galaxy Magnum Infra Height Limited, Babbar Films, Maconns Infra Pvt. Ltd, Silvers 107 Stone Regency Pvt. Ltd, St Xavier School, Gurgaon High School etc. The company has catered to customers in various states like Haryana, Uttar Pradesh, Rajasthan, Madhya Pradesh, Karnataka, Gujrat, Punjab, Delhi and overseas.

As of December 23, 2023, the company had 26 employees.

 

Faalcon Concepts Limited Financial Information (Restated)

Faalcon Concepts Limited’s revenue decreased by -28.5% and profit after tax (PAT) rose by 83.58% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended31 Oct 202331 Mar 202331 Mar 202231 Mar 2021
Assets1,417.671,292.64916.77553.85
Revenue1,249.111,324.811,852.93502.21
Profit After Tax131.82179.5297.7912.34
Net Worth631.39327.53129.0222.23
Reserves and Surplus143.37325.26127.6121.23
Total Borrowing366.04190.5867.1048.30
Amount in ₹ Lakhs

Objects of the Issue (Faalcon Concepts IPO Objectives)

The company intends to utilize the net proceeds from the issue towards the funding of the following objects:

  1. To finance the Capital Expenditure for the purchase of facade Structural Equipments;
  2. To part finance the requirement of Working Capital; and
  3. To meet General corporate purposes.

Faalcon Concepts IPO Timeline (Tentative Schedule)

Faalcon Concepts IPO opens on April 19, 2024, and closes on April 23, 2024.

IPO Open DateFriday, April 19, 2024
IPO Close DateTuesday, April 23, 2024
Basis of AllotmentWednesday, April 24, 2024
Initiation of RefundsThursday, April 25, 2024
Credit of Shares to DematThursday, April 25, 2024
Listing DateFriday, April 26, 2024
Cut-off time for UPI mandate confirmation5 PM on April 23, 2024

SHARIAH SCREENING for - Faalcon Concepts Limited IPO

BUSINESS SCREEN

FINANCIAL RATIOS

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