Welcome to our analysis of FAALCON CONCEPTS LIMITED’s public offering. This post provides an overview of the company’s Initial Public Offering (IPO), which runs from 19 Apr 2024 to 23 Apr 2024. FAALCON CONCEPTS LIMITED, offers shares priced between 62.00 each, with a face value of ₹10.00 per share.
| Security Name | FAALCON CONCEPTS LIMITED |
|---|---|
| Start Date | 19-04-2024 |
| End Date | 23-04-2024 |
| Offer Price () | 62.00 |
| Face Value | 10.00 |
| Type Of Issue | Fixed Price |
| Issue Status | Live |
| Prospectus & GID | Click here |
| Download Online Application Form | Click here |
| Download Revision Application Form | Click here |
| Download Blank Application Form | Click here |
| Branches Of SCSBs Where Syndicate / Sub Syndicate Member To Submit ASBA Form | Click here |
| List Of SCSBs For Syndicate ASBA And Under ASBA Facility | Click here |
| Self Certified Syndicate Banks Eligible As Issuer Banks For UPI | Click here |
| List Of Mobile Applications For Using UPI In Public Issues | Click here |
| RTA DP Details | Click here |
| Security Type | Equity |
| Symbol | FAALCON |
| Issue Period | 19 Apr 2024 to 23 Apr 2024 |
| Post Issue Modification | 23 Apr 2024 |
| Issue Size (No. Of Shares) | 1950000 |
| Issue Price | 62.00 |
| Premium | 52.00 |
| Market Lot | 2000 |
| Minimum Bid Quantity | 2000 |
| Maximum Bid Quantity | 1852000 |
| Listing @ | BSE |
| Lead Managers | NAVIGANT CORPORATE ADVISORS LIMITED |
| Registrar | BEETAL FINANCIAL & COMPUTER SERVICES PRIVATE LIMITED^Beetal House, 99, MadangirBehind Local Shopping CentreNew Delhi-110062 |
| Sponsor Bank | Kotak Mahindra Bank Limited |
| Remarks | The dedicated window provided for bid modification of selected fields viz. DP ID/Client ID or Pan ID, Bank code and Location code) on T+1 day (T being last day of bidding) shall not be available now. The bid modification of selected fields shall be allowed during bidding period of IPO only. |
| Notes | As per SEBI circular no SEBI/HO/CFD/DIL2/CIR/P/2019/76 dated 28 June 28 2019 all are requested to comply with the provisions of the aforementioned circular which states as below: Intermediaries shall retain physical application forms submitted by retail individual investors with UPI as a payment mechanism, for a period of six months and thereafter forward the same to the issuer/ Registrar to Issue. However, in case of electronic forms printouts of such applications need not be retained or sent to the issuer. Intermediaries shall at all times maintain the electronic records relating to such forms for a minimum period of three years. |
The IPO, employing a book-building process, targets both non-institutional and qualified institutional investors. Bid quantities are capped at shares for non-institutional investors and shares for qualified institutional investors.
Exchange notices detail allocation to anchor investors, and BEETAL FINANCIAL & COMPUTER SERVICES PRIVATE LIMITED^Beetal House, 99, MadangirBehind Local Shopping CentreNew Delhi-110062 acts as the registrar. Kotak Mahindra Bank Limited are the sponsor banks.
