What is IPO Grey Market Premium (GMP)?

IPO Grey Market Premium (GMP) is an unofficial, over-the-counter premium over the issue price that dealers and investors pay prior to official listing on NSE/BSE.

How is estimated IPO listing price determined?

Estimated Listing Price = Cut-off / Issue Price + Current Grey Market Premium (GMP). For example, an issue price of ₹100 with ₹40 GMP yields an estimated listing price of ₹140 (+40%).

What is Kostak rate in an IPO?

Kostak rate is the fixed profit earned by selling an IPO application before allotment, irrespective of whether the application is allotted shares or not.

What is Subject to Sauda in IPO trading?

Subject to Sauda is an informal contract where payment is made only if the seller receives share allotment in the IPO.

Is IPO Grey Market Premium (GMP) regulated by SEBI?

No. Grey Market transactions are non-exchange over-the-counter commitments and are not officially regulated or endorsed by SEBI. Investors should treat GMP as an informal sentiment indicator.

When is the Falcon Technoprojects India Limited IPO allotment date?

The basis of allotment for Falcon Technoprojects India Limited IPO is scheduled to be finalized on 24 Jul 2024.

When will unallotted IPO application funds be unblocked?

Refund initiation and UPI mandate revocation for unallotted applications starts on or around 25 Jul 2024.

Falcon Technoprojects India Limited

ListedSME

Capital Goods / Industrial Engineering · NSE

Falcon Technoprojects India Limited, established in 2014, specializes in providing comprehensive mechanical, electrical, and plumbing (MEP) services across various sectors in India, including petroleum refineries, housing estates, nuclear power, and construction. The company's MEP services encompass the design, selection, and installation of integrated systems such as air conditioning, power and lighting, water supply and drainage, fire protection and extinguishing systems, and telecommunication setups. As of January 31, 2024, Falcon Technoprojects India Limited operates with a dedicated team of 24 employees, ensuring tailored solutions to meet the diverse needs of its clients while maintaining high standards of quality and efficiency in its projects.

Price Band

₹92

Issue Size

₹13.69 Cr

Lot Size

1200 shares

GMP

—

Est. Listing

₹92

at current GMP

Subscribed

62.99x

overall

Open

19 Jul 2024

21 Jul 2024

Allotment

24 Jul 2024

Refund

25 Jul 2024

Demat Credit

26 Jul 2024

Listing

26 Jul 2024

Last updated 12 days ago

Overview Live GMP Live Subscription Allotment Status

Official Registrar Verification

Falcon Technoprojects India Limited Allotment Status

Designated Registrar: Kfin Technologies Limited

Check Allotment Status Registrar Portal BSE Portal

Allotment Date

24 Jul 2024

Basis finalization

Refunds Initiate

25 Jul 2024

Mandate release

Demat Credit

26 Jul 2024

Shares in demat

Listing Debut

26 Jul 2024

Trading begins

How to Check Falcon Technoprojects India Limited IPO Allotment Status

Click the Check on Registrar button above to visit Kfin Technologies Limited's allotment portal.
Select Falcon Technoprojects India Limited from the dropdown company list.
Choose your lookup mode: PAN Number, Application Number, or DP Client ID.
Enter your details accurately and solve the Captcha code.
Click Submit / Search to view the number of shares applied and allotted to you.

About Falcon Technoprojects India Limited Public Issue & Market Profile

Falcon Technoprojects India Limited is bringing an initial public offering (IPO) in the Capital Goods / Industrial Engineering sector with an aggregate issue size of ₹13.69 Crores. The shares are offered at a price band of ₹92 to ₹92 per equity share on NSE. Currently, traders and retail applicants are calculating expected listing gains and break-even points based on unofficial grey market quotations.

Public Issue & Allotment Procedure:

Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 1200 shares (approx. ₹1,10,400 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.

Official Allotment Timelines & Registrar Guidance:

Allotment reconciliation will be managed by Kfin Technologies Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2024-07-26, while un-allotted funds or UPI block mandates will be released on 2024-07-25.

Frequently Asked Questions

What if my name is not showing on the registrar portal?

Allotment records are updated in batches. If the status is not yet available, please wait a few hours until the basis of allotment is fully finalized.

How will I receive the refund if I don't get allotment?

Since funds are blocked under ASBA/UPI, the bank will automatically release the blocked hold on your funds upon receipt of revocation instructions from the sponsor bank.