| IPO date | 19 Apr 2024 – 23 Apr 2024 |
| Listing date | 26 Apr 2024 |
| Price range | 62 – 62 |
| Minimum order quantity | 2000 | (D)RHP | View |
Faalcon Concepts Limited is launching its IPO. The offer opens for subscription on April 19, 2024, and closes on April 23, 2024.
Disclaimer: This stock will trade with a lot size of 2000 shares in the SME segment on listing.
What does Faalcon Concepts Limited do?
Faalcon Concepts Limited, established in 2018, specializes in designing, engineering, fabricating, and installing facade systems, particularly focusing on technically demanding projects. Originally incorporated as Faalcon Concepts Private Limited, the company became Faalcon Concepts Limited in 2023.
The company offers a wide range of products, including glazing/curtain walls, high-end aluminum doors/windows, skylights, canopies, and more, with a focus on durability against environmental factors. Based in Gurugram, Haryana, Faalcon Concepts Limited has served clients across India and abroad, including in states like Haryana, Uttar Pradesh, Rajasthan, and Karnataka, as well as countries like TOGO and GHANA in West Africa.
Accredited by the Federation of Indian Export Organisations, the company exports facade-related materials to foreign clients and is ISO 9001:2015 certified. Their portfolio includes projects in various sectors such as schools, financial institutions, hospitality, corporate buildings, and luxury houses. They offer comprehensive turnkey solutions from design to installation, catering to both commercial and residential projects. Faalcon Concepts Limited boasts a client list that includes Espirit Techno Consultant Pvt. Ltd, Galaxy Magnum Infra Height Limited, and St. Xavier School Gurgaon among others.
Schedule/Timeline of Faalcon Concepts Limited IPO
| Issue Period | 19th April to 23rd April 2024 |
| Deadline for accepting UPI mandate | Until 5 PM on the issue closing day |
| Finalization of Allotment | April 24, 2024 |
| Initiation of Refunds | April 25, 2024 |
| Credit of Shares | April 25, 2024 |
| Date of Listing | April 26, 2024 |
| Mandate end date | May 08, 2024 |
| Anchor Investors Lock-In End Date (50% of the investment) | May 24, 2024 |
| Anchor Investors Lock-In End Date (Remaining investment) | July 23, 2024 |
Note: Given that the above schedule is tentative, it should be noted that the anchor lock-in period ends 30 days after the actual allotment date for 50% of the shares, and 90 days after for the remaining portion.
How do I apply to the Faalcon Concepts Limited IPO?
You can apply for the Faalcon Concepts Limited IPO using any supported UPI app by following two steps:
- Enter your bid on Kite
- Accept the UPI mandate on your phone
On acceptance of the mandate, the bid amount will get blocked in your bank account. Click here to learn more.
Where do I check the allotment status for Faalcon Concepts Limited IPO?
You can check the allotment status for the Faalcon Concepts Limited IPO on the website of the Registrar and Transfer agent.
Alternatively, you can also check the allotment status on the NSE website.