Faalcon Concepts IPO: Last Day To Apply! Check Latest GMP, Subscription Status, Allotment Date And Other Details (image source: Canva)
Faalcon Concepts IPO GMP: Faalcon Concepts IPO, a fixed price issue of Rs 12.09 crores, marks a significant development in the financial landscape. With its entire offering comprising 19.5 lakh fresh shares, The IPO subscription window opened on April 19 And is scheduled to close on April 23, for interested investors, today is the last day to apply.
Faalcon Concepts IPO Subscription Status
The Faalcon Concepts IPO has received exceptional subscription rates, totaling 67.34 times by April 23, 2024, at 3:55:05 PM. Retail investors have shown significant interest with a subscription rate of 40.12 times, while the non-institutional investors’ category has been subscribed 92.46 times, indicating strong confidence from high net worth and corporate investors.
Faalcon Concepts IPO GMP Today: Check Latest GMP
According to various unlisted market tracking websites, The grey market premium (GMP) of Faalcon is at Rs 6 per share.
Faalcon Concepts IPO Price Band
Faalcon Concepts IPO Priced at Rs 62 per share
Faalcon Concepts IPO Subscription Window
Faalcon Concepts IPO opened for subscription from April 19, 2024 and scheduled to close on April 23, 2024.
Faalcon Concepts IPO Allotment Date
The allotment process is slated for finalization on Wednesday, April 24, 2024.
Faalcon Concepts IPO Listing Date
Faalcon Concepts IPO will list on BSE SME with tentative listing date fixed as Friday, April 26, 2024.
Faalcon Concepts IPO Minimum Investment And Lot Size
Faalcon Concepts IPO offers an attractive entry point for investors. The minimum lot size for an application stands at 2000 Shares, requiring a minimum investment of Rs 124,000 for retail investors. High Net Worth Individuals (HNIs) have the option to invest in 2 lots (4,000 shares), amounting to Rs 248,000, providing flexibility and accessibility to a diverse investor base.
Faalcon Concepts IPO Book Running Lead Manager And Registarar
Navigant Corporate Advisors Ltd, serving as the book-running lead manager, brings extensive expertise and guidance to the Faalcon Concepts IPO. Supported by Beetal Financial & Computer Services (P) Limited as the registrar for the issue, the IPO is well-equipped with a robust advisory framework. Additionally, Alacrity Securities, serving as the market maker, ensures liquidity and market stability for Faalcon Concepts IPO.
