Faalcon Concepts Ltd - IPO

Faalcon Concepts Ltd IPO Details

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 aggregating to Rs. 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 Rs. 10/- each at a price of Rs. 62/- per equity share including a share premium of Rs. 52/- per equity share aggregating to Rs. 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 Rs. 10/- each and the issue price is Rs. 62/- each i.e., 6.20 times of the face value of the equity shares. The minimum lot size is 2,000 equity shares

Objective of issue

To finance the capital expenditure for purchase of facade structural equipments. To part finance the requirement of working capital. To meet general corporate purposes.

Faalcon Concepts Ltd Contact Details

Faalcon Concepts Ltd, Beetal House 99, Madangir Behind LSC, Nr Dada Harsukhdar, Delhi - 110062

Phone - 91-011-29961281

Fax -

Email - info@faalcon.in

Website - www.faalcon.in