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Falcon Technoprojects India Limited

Falcon Technoprojects India Limited

smelisted
Registrar: KFIN TECHNOLOGIES LIMITED · Listing 2024-06-26
IPO Timeline
Today · 20 Oct 2026
Opens
19 Jun 2024
Closes
21 Jun 2024
Allotment
21 Jun 2024
Refund
25 Jun 2024
Demat
24 Jun 2024
Listing
26 Jun 2024
Price Band
₹92–92
GMP
₹0
0%
Lot Size
1200 Shares
Min ₹110,400
Subscription
0x
Issue Size
₹13.69 Cr
Open
2024-06-19
Close
2024-06-21
Listing
2024-06-26

About the company

## **About Falcon Technoprojects India Limited** Established in 2014,  Falcon Technoprojects India Limited is engaged in the business of providing Mechanical, Electrical and Plumbing (“MEP”) services to PAN India customers which are operating in various sectors including Petroleum Refineries, Residential Townships, Atomic Energy, Civil Construction, etc. MEP services refer to installation services that provide comfortable spaces for building occupants. These services specifically deal with the design, selection, and installation of the integrated MEP systems. It includes installing air-conditioning systems, power and lighting systems, water supply and drainage, fire prevention and fighting systems, and telephones. By integrating these separate systems into one, the operation can be made more energy effective. The design of MEPs is important for planning, decision-making, accurate documentation, performance and cost estimation, construction, and ultimately the facility’s operation and maintenance. MEP services specifically cover the in-depth design and selection of these systems, rather than simply installing the equipment Their Services are mentioned below : **Mechanical Services** : Mechanical systems are those systems associated majorly with Firefighting and HVAC services. Under firefighting services, The company provides a wide range of solutions like fire hydrant and wet riser system, Sprinkler System, water spray system, gas-based suppression system like CO2 system, etc. in the area of life & property safety in accordance with standards/regulations viz. NBC, TAC & NFPA. To provide such services the designing team uses the latest drawing tools & software including AutoCAD and Pipe net to enhance design accuracy. Under HVAC services we provide solutions relating to heating, ventilation, air conditioning systems and also comprise elevators, escalators etc. On the basis of client requirements. Their HVAC services include design, supply, installation, service and maintenance of air conditioning and ventilation solutions for all types of commercial, industrial and domestic environments. They work closely with architects, consulting engineers, contractors and end users to supply efficient and cost-effective airconditioning solutions available. They further provide assistance and services relating to central plant designing, exhaust systems, direct digital control systems, heating water systems, and chilled water systems. They also prepare initial blue-prints, lay outs and drawing for clients which helps them in customized plant designing. **Electrical Services:** The company undertakes turn-key electrical projects and is principally engaged in executing and providing electrical engineering service for power, process, industrial and commercial projects both High Tension (HT) as well as Low Tension (LT) for the public and private sector undertakings. They  further provides services required for power generation, lighting fixtures, fans and air conditioning systems, connecting electric appliances through audio / remote controls, touch panels, architectural lighting plan design, design and lighting specifications, lighting control design, energy management, integration of IT (information technology) and AV (audio visual) for overall building design. **Plumbing Services:** The company provides services of sanitary fixtures & fittings, internal drainage (above ground) system, external drainage (underground) system, rainwater disposal system, water supply system, rainwater harvesting, plant & utilities etc. Their plumbing team provides solutions in saving water and energy conforming to Leadership in Energy and Environmental Design (LEED) and Indian Green Building Council (IGBC) norms. Some of our marquee clients include Mumbai International Airport, L&T, BPCL, HPCL, Lodha Developers, Reliance Industries Limited and Shapoorji Pallonji Group. Falcon Technoprojects commitment towards providing quality services and maximising profit margins to enhance value for their stakeholders is their motto. To achieve this, they focus on operational excellence and efficiency in all aspects of their business. They carefully manage cost and working capital requirements while ensuring that they deliver services that meet or exceed clients’ expectations. Falcon Technoprojects India Limited Prepares for its Initial Public Offering (IPO), the proceeds generated from the Fresh Issue will be allocated towards crucial objectives: 1. Working Capital requirement  1. General Corporate Purpose

Strengths

    Risks

      Financial performance (₹ Cr)

      IPO Roadmap / Timeline

      Current Status · as of 20 Oct 2026
      Listed
      Listed on 26 Jun 2024
      Listed 846 days ago
      1. IPO Opens

        Completed
        19 Jun 2024

        Bidding starts for all investor categories

      2. IPO Closes

        Completed
        21 Jun 2024

        Last day to place your bid

      3. Basis of Allotment

        Completed
        21 Jun 2024

        Share allotment finalised

      4. Refund Initiation

        Completed
        25 Jun 2024

        Refunds credited for non-allottees

      5. Credit to Demat

        Completed
        24 Jun 2024

        Allotted shares credited to demat account

      6. Listing on Exchange

        Completed
        26 Jun 2024

        Shares list on NSE / BSE

      Post-close dates are indicative as per SEBI T+3 listing framework and may change per registrar updates.

      Lot size & minimum investment

      Lot Size
      1200 shares
      Price / Share (upper)
      ₹92
      Min Investment (1 lot)
      ₹110,400
      Price Band
      ₹92–92
      Retail / Individual
      1 lot only
      Min lots
      1
      Min shares
      1200
      Min amount
      ₹110,400
      Max amount
      ₹110,400
      HNI
      Min 2 lots
      Min lots
      2
      Min shares
      2400
      Min amount
      ₹220,800
      Max amount
      ₹220,800

      Shares reserved per category & allotment probability

      QIB
      100% allotment
      Reservation
      50%
      Amount
      ₹6.85 Cr
      Shares offered
      744,022
      Shares bid
      0
      Subscribed
      0.00x
      NII
      100% allotment
      Reservation
      15%
      Amount
      ₹2.05 Cr
      Shares offered
      223,206
      Shares bid
      0
      Subscribed
      0.00x
      Retail
      100% allotment
      Reservation
      35%
      Amount
      ₹4.79 Cr
      Shares offered
      520,815
      Shares bid
      0
      Subscribed
      0.00x

      Retail is a lottery-based allotment when oversubscribed; QIB/NII get pro-rata. Probability ≈ 1 / subscription times (100% if under-subscribed).