Faalcon Concepts Limited, established in 2018, is a prominent enterprise specializing in the planning, design, fabrication, and installation of façade systems. The company is adept at providing solutions tailored to complex architectural projects and is known for its comprehensive range of products including glazing and curtain walls, high-end aluminium doors and windows, skylights, canopies, frameless glazing, MS structures, stone cladding, metal cladding, and roofing.
These façade systems are designed to withstand environmental challenges such as UV rays, acid rain, dust, and noise, ensuring durability and performance.
With its headquarters servicing a diverse clientele, Faalcon Concepts has successfully executed projects for various educational institutions, financial entities, hospitality venues, corporate offices, and luxury residences.
The company's client roster features notable names such as 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, and Gurgaon High School, among others.
Faalcon Concepts has an extensive reach within India, serving states like Haryana, Uttar Pradesh, Rajasthan, Madhya Pradesh, Karnataka, Gujarat, Punjab, and Delhi, as well as catering to international markets.
As of December 23, 2023, Faalcon Concepts Limited maintains a dedicated team of 26 employees.
Industry Outlook:
- The facade market is benefiting from a resurgence in construction post-COVID-19, with increased activity in commercial and residential projects driving demand for innovative façade solutions.
- Energy efficiency and aesthetic enhancement are key drivers for the façade industry, with solar façades like Mitrex's Solar Brick exemplifying the move towards integrated renewable energy solutions.
Faalcon Concepts Ltd IPO Details
Faalcon Concepts Ltd IPO Dates
Faalcon Concepts IPO is open from April 19, 2024, to April 23 2024. The IPO will be listed on BSE SME.
Faalcon Concepts Ltd IPO Price Band
Faalcon Concepts is a fixed price issue IPO. The price band is set at ₹62 per share.
Faalcon Concepts Ltd IPO Lot Size
The lot size for Faalcon Concepts Limited’s IPO is 2,000 shares with a minimum investment of ₹1,24,000.
Faalcon Concepts Ltd IPO Objectives
The company plans to allocate the net proceeds from the issuance to the following purposes:
- To finance the Capital Expenditure for the purchase of facade Structural Equipments;
- To part finance the requirement of Working Capital; and
- To meet General corporate purposes.
Peer Details
Faalcon Concepts considers only Innovators Facade Systems Ltd among its industry-listed peers.
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Contact Details of Faalcon Concepts Ltd IPO
- Registered office: N-75 Ground Floor Mayfield Garden, Sector-51NA Gurgaon HR 122018
- Phone: + 91-124-4383074
- E-mail:info@faalcon.in
IPO Financials
| Particulars | 7-Month period Ending on October 31, 2023 | Year Ending on March 31, 2023 | Year Ending on March 31, 2022 |
|---|---|---|---|
| Revenue from Operations (in ₹ lakh) | 1,246.55 | 1,315.17 | 1,840.80 |
| Profit After Tax (PAT) (in ₹ lakh) | 131.82 | 179.52 | 97.79 |
| Cash & Cash Equivalents (in ₹ lakh) | 37.44 | 113.99 | 17.38 |
| Net Worth (in ₹ lakh) | 631.39 | 327.53 | 129.02 |
| Debt to Equity Ratio(x) | 0.58 | 0.58 | - |
| Return on Net Worth(%) | 20.88% | 54.81% | 75.80% |
| Return on Capital Employed (RoCE) (x) | 0.25 | 0.67 | - |
| Diluted Earning Per Share (EPS)-in absolute ₹ | 2.71 | 3.69 | 2.01 |
Know before investing
Strengths
2They have undertaken projects across various segments in Residential, Commercial and Institutional buildings. Their experience with a wide variety of clients prepares them for future requirements better.
They are recognised for their capability to translate innovative architectural concepts into practical solutions, feasible in both technical and economic terms. Their success in the field is the result of constant research for innovation and improvement of the end-user experience.
Risks
2For the period ended March 31, 2021, March 31, 2022, and March 31, 2023, and for 7 months ended October 31, 2023, their revenue from operations from their top 10 customers contributed to 78.45%, 90.70%, 85.65% and 85.49% respectively of their revenues from operations. Therefore, the loss of even one of these customers can disrupt their revenue flows.
For the Fiscals 2021, 2022, 2023 and 7 months ended October 31, 2023, purchases from their top ten suppliers represented 82.56%, 96.74%, 80.59% and 74.82% of their total purchases, respectively. Issues with a single supplier can thus disrupt their operations.
