Falcon Technoprojects India IPO Subscription Status: Falcon Technoprojects India IPO is Open on 19 June, 2024 and Close on 21 June, 2024. Falcon Technoprojects India IPO to Raise 1,488,000 shares (Approx ₹13.69 Cr) via IPO. The Fresh Issue of 1,488,000 shares (Approx ₹13.69 Cr).
- The Retail Quota is 50%
- QIB is -%
- NII is 50%
Falcon Technoprojects India IPO is an SME IPO and Listed on NSE SME. Falcon Technoprojects India IPO Price Band is Fixed at ₹92 Equity Share. Falcon Technoprojects India IPO Lot Size is 1200 Shares.
About Falcon Technoprojects India IPO :
- Falcon Technoprojects India Mechanical, Electrical, and Plumbing (“MEP”) services refer to installation services that provide comfortable spaces for building occupants. These services specifically deal with the design, selection, and installation of the integrated Mechanical, Electrical, and Plumbing systems.
- It includes installing air-conditioning systems, power and lighting systems, water supply and drainage, fire prevention and fighting systems, and telephones.
- The design of MEPs is important for planning, decision-making, accurate documentation, performance and cost estimation, construction, and ultimately the facility’s operation and maintenance. MEP services specifically cover the in-depth design and selection of these systems, rather than simply installing the equipment.
Falcon Technoprojects India IPO Subscription Status, Rate bid times
| Inv Category | Shares Reserved | No. of Shares bid for | No. of Times (Subscription) |
|---|---|---|---|
| Non Institutional Buyers (NIIs) | 7,06,800 | 3,18,22,800 | 45.03 |
| Retail Individual Buyers (RIIs) | 7,06,800 | 5,84,67,600 | 82.70 |
| Market Maker | 74,400 | 74,400 | 1 |
| Total | 14,13,600 | 9,23,34,000 | 65.30 |
Falcon Technoprojects India Subscription Status day-by-day-
| Categories | 19 June | 20 June | 21 June |
|---|---|---|---|
| QIB | - | - | - |
| NII | 0.51 | 1.65 | 45.03 |
| RII | 3.94 | 12.47 | 82.70 |
| Total | 2.22 | 7.06 | 65.30 |
Falcon Technoprojects India Investor Categories
- Qualified Institutional Buyers (QIB).
- Non- Institutional Investors (NII).
- Retail individual Investors (RII).
- Employee (EMP).
- Others (Eligible Shareholders).
Who Is QIB In IPO?
QIB Stands For “Qualified Institutional Buyer” In The Context Of An IPO (Initial Public Offering). QIBs Are A Category Of Institutional Investors Who Are Considered Financially Sophisticated And Meet Certain Regulatory Criteria For Participating In Capital Markets. In The Context Of An IPO, QIBs Play A Significant Role As They Contribute To The Overall Demand For Shares And Help Determine The Success Of The Offering.
Who Is NII In IPO?
NII Stands For “Non-Institutional Investors” In The Context Of An IPO (Initial Public Offering). Non-Institutional Investors Are A Category Of Investors Who Participate In The IPO Alongside Institutional Investors And Retail Investors. NII Typically Includes High Net Worth Individuals (HNIs), Corporate Bodies, Trusts, And Other Entities That Are Not Classified As Institutional Investors But Have The Financial Capacity To Invest Significant Amounts In The IPO.
Who Is RII In IPO?
RII Stands For “Retail Individual Investor” In The Context Of An IPO (Initial Public Offering). Retail Individual Investors Are Individual Investors Who Participate In The IPO Alongside Institutional Investors And Non-Institutional Investors. RII Typically Includes Individual Investors Who Do Not Meet The Criteria To Be Classified As Institutional Investors Or Non-Institutional Investors.
Who Is EMP In IPO?
“EMP” In The Context Of An IPO (Initial Public Offering) Typically Stands For “Employee.” In Some IPOs, A Certain Portion Of The Shares May Be Reserved For Allocation To Employees Of The Company Going Public. These Employees Are Often Referred To As “Employee Shareholders” Or “Employee Participants” (EMP).
Falcon Technoprojects India Review From MoneyMintIdea –
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