Falcon Technoprojects India Limited’s IPO witnessed robust demand, with the subscription reaching 62.25 times on the final day of bidding.
Falcon Technoprojects India Limited specializes in mechanical, electrical, and plumbing (MEP) services across diverse sectors including petroleum refineries, housing estates, nuclear power, and construction in India. The company offers comprehensive MEP services encompassing design, selection, and installation of integrated systems such as air conditioning, power and lighting, water supply, drainage, fire protection, fire extinguishing systems, and telecommunications.
Falcon Technoprojects India Limited Subscription details :
| CATEGORY | NO OF TIMES Subscribed |
|---|---|
| NII | 44.78 |
| Retail | 79.72 |
| Total | 62.25 times |
Falcon Technoprojects India Limited GMP Today
The current GMP of the company is around Rs.10-15 which is around 10.87 % of the Issue price . It is expected that investors can get a profit of 10.87 % per lot if the stock lists at such GMP price.
Note: The GMP fluctuates on the basis of market demand.
Falcon Technoprojects India Limited Allotment & Listing date
The allotment of Falcon Technoprojects India is to be done on Monday (24/06/2024) by Kfin Technologies Limited (Registrar) and the listing date of the shares is on Wednesday (26/06/2024).
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