Falcon Technoprojects India Ltd - IPO

Falcon Technoprojects India Ltd IPO Details

Initial public issue of 14,88,000 equity shares of face value of Rs. 10/- each of Falcon Technoprojects India Limited (FTPIL or The Company or The Issuer) for cash at a price of Rs. 92/- per equity share including a share premium of Rs. 82/- per equity share (the Issue Price) aggregating upto Rs. 13.69 crores (The Issue), of which 74,400 equity shares of face value of Rs. 10/- each for cash at a price of Rs. 92/- per equity share including a share premium of Rs. 82/- per equity share aggregating to Rs. 0.68 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 14,13,600 equity shares of face value of Rs. 10/- each at a price of Rs. 92/- per equity share including a share premium of Rs. 82/- per equity share aggregating to Rs. 13.01 crores is herein after referred to as the Net Issue. The issue and the net issue will constitute 27.78% and 26.39%, respectively, of the post issue paid up equity share capital of the company. The face value of the equity shares is Rs. 10/- each.

Objective of issue

Working capital requirements of the company. General corporate purposes.

Falcon Technoprojects India Ltd Contact Details

Falcon Technoprojects India Ltd, Karvy Selenium Tow-B, 31&32 Financial Dist, Nanakramguda, Hyderabad-500032

Phone - 91-40-67162222

Fax - 91-40-23001153/23420814

Email - cs@falcontechnoprojects.com

Website - www.falcongroupindia.com