In the dynamic realm of India’s SMEs, where innovation intertwines with opportunity, the BSE SME Platform emerges as a nucleus of growth. Recently, Faalcon Concepts Limited etched its presence as the 493rd luminary on this esteemed platform, embellishing the narrative of entrepreneurial triumphs. As the BSE SME platform strides towards a monumental milestone of 500 listed SMEs, BharatiyaMedia is exhilarated to spotlight these enterprises’ tales. Embark on a voyage with us as we unravel the mosaic of narratives, illuminating their resilience, ingenuity, and profound impact on India’s economic canvas.
At Faalcon Concepts Limited (FCL), headquartered in Gurugram, Haryana, the commitment transcends mere construction; the company is dedicated to shaping a better world through collaborative innovation. With a track record of excellence spanning years, FCL stands as a beacon of quality and reliability in the industry.
Empowering Construction Excellence
FCL isn’t just about building structures; it’s about empowering construction excellence through collaborative innovation. The multidisciplinary team, led by experienced founders and directors, is committed to delivering unparalleled service and quality in every project undertaken.
The diverse portfolio includes a wide range of architectural solutions, from structural glazing to curtain wall systems, catering to both residential and commercial buildings. What sets FCL apart is the relentless pursuit of innovation and the unwavering dedication to quality craftsmanship.
Unmatched Service and Collaboration
One of the hallmarks of FCL is the dedication to service and collaboration. From the initial planning stages to project completion, the company prioritizes open communication and collaboration, ensuring that clients are involved every step of the way. This transparent approach fosters trust and ensures that the final product exceeds expectations.
Key Traits of FCL
The success of FCL is built on a foundation of key traits that define the company. FCL prides itself on:
- High-end quality fabrication and state-of-the-art facilities.
- A proven track record of delivering projects on time, every time.
- Adherence to ethical business practices, ensuring integrity in all dealings.
- Offering innovative solutions at competitive prices, staying ahead of the curve.
- Maintaining total confidentiality in all aspects of operations.
- A team of highly skilled and well-nurtured professionals who are passionate about their work.
Leadership Team
Behind the success of FCL is a dynamic leadership team with decades of collective experience. Led by:
- Mrs. Ekta Seth: Promoter, Chairperson & Managing Director, with a proven track record in the facade industry, providing strategic guidance and operational oversight.
- Mr. Prithvi Seth: Promoter & Whole Time Director, leveraging over 8 years of experience in infra and facade business to drive growth and operational efficiency.
- Mr. Tribhuvan Seth: Promoter & Whole Time Director, bringing over 5 years of experience in infra and facade business, contributing to growth strategies and operational excellence.
- Mrs. Ruchi Arora, Ms. Renu Kaur, and Mr. Ankur Sharma: Non-Executive, Independent Directors, bringing diverse expertise in marketing, corporate law, and governance to the board.
Faalcon Concepts IPO
Faalcon Concepts IPO price was fixed at ₹62 per share. The minimum investment was ₹1,24,000 for a single lot size comprising 2,000 shares. High Net Worth Individuals (HNI) were allowed to apply for a minimum of two lots, or 4,000 shares, amounting to an investment of ₹2,48,000.
Navigant Corporate Advisors Ltd has been appointed as the book running lead manager for the Faalcon Concepts IPO, while Beetal Financial & Computer Services (P) Limited assumes the role of the registrar. Alacrity Securities has been designated as the market maker for the IPO. Faalcon Concepts IPO subscription closed with a strong demand from investors as the initial public offer was booked over 71 times on the third and final day of subscription on Tuesday, April 23.
The BSE SME IPO received bids for 13.21 crore shares against 18.52 lakh shares on offer, entailing a subscription of 71.33 times.
While the retail category saw a subscription rate of 47.17 times, the Non-Institutional Investors (NII) category was subscribed 93.37 times.
The retail investors submitted bids for over 4.36 crore shares against 9.26 lakh shares on offer while the NII investors applied for 8.64 crore shares against 9.26 lakh shares allocated for the category. In the qualified institutional buyers category (QIBs) the SME public issue received bids for 19.7 lakh shares.
Conclusion: Shaping a Better Future Together
At FCL, the belief in the power of collaborative innovation to shape a better future is unwavering. Through the commitment to quality, integrity, and innovation, FCL is not just building structures; the company is shaping communities and leaving a lasting impact on the world around us.
__________________XXX____________________
We hope you found this article inspiring and informative! We value your feedback and would love to hear your thoughts. If there’s anything more you’d like to read about or if you have any questions, please feel free to reach out to us at sharma.maayank@yahoo.com.
For editorial inquiries, you can contact Mayank Sharma, our Editor, at +91 83699 44771.
If you’re interested in advertising opportunities or sponsorship collaborations, please get in touch with Bholanath Seth, our Business Head, at +91 97550 31165.
Thank you for being a part of our community and for your continued support!
Add Comment