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Faalcon Concepts IPO vs Greenhitech Ventures IPO

Comparison between Faalcon Concepts IPO and Greenhitech Ventures IPO.

IPO Details

Faalcon Concepts IPO is a SME Fixed Price IPO proposed to list at BSE SME while Greenhitech Ventures IPO is a SME Fixed Price proposed to list at BSE SME.

 Faalcon Concepts IPOGreenhitech Ventures IPO
LogoFaalcon Concepts IPO LogoGreenhitech Ventures IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeFixed PriceFixed Price
Listing AtBSE SMEBSE SME
Lead ManagersNavigant Corporate Advisors Ltd.Beeline Capital Advisors Pvt.Ltd.
RegistrarBeetal Financial & Computer Services Pvt.Ltd.Skyline Financial Services Pvt.Ltd.
Market MakerAlacrity Securities Ltd.Spread X Securities Pvt.Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Anchor Investor
IPO Allotment URLIPO Allotment URL IPO Allotment URL

Issue Size and Price

The total issue size of Faalcon Concepts IPO is up to ₹11.48 Cr whereas the issue size of the Greenhitech Ventures IPO is up to ₹5.97 Cr. The final issue price of Faalcon Concepts IPO is ₹62.00 per share and of Greenhitech Ventures IPO is ₹50.00 per share.

 Faalcon Concepts IPOGreenhitech Ventures IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)₹62.00 per share₹50.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size2000 shares3000 shares
Fresh Issue Size18,52,000 shares11,94,000 shares
Fresh Issue Size (Amount)up to ₹11.48 Crup to ₹5.97 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total18,52,000 shares11,94,000 shares
Issue Size Total (Amount)up to ₹11.48 Crup to ₹5.97 Cr

IPO Timetable

Faalcon Concepts IPO opens on Apr 19, 2024, while Greenhitech Ventures IPO opens on Apr 12, 2024. The closing date of Faalcon Concepts IPO and Greenhitech Ventures IPO is Apr 23, 2024, and Apr 16, 2024, respectively.

 Faalcon Concepts IPOGreenhitech Ventures IPO
Anchor Bid Date
Issue OpenApr 19, 2024Apr 12, 2024
Issue CloseApr 23, 2024Apr 16, 2024
Basis Of Allotment (Tentative)Apr 24, 2024Apr 18, 2024
Initiation of Refunds (Tentative)Apr 25, 2024Apr 19, 2024
Credit of Share (Tentative)Apr 25, 2024Apr 19, 2024
Listing date (Tentative)Apr 26, 2024Apr 22, 2024
Anchor Lockin End date 1
Anchor Lockin End date 2

Financials & KPIs

Faalcon Concepts IPO P/E ratio is 16.85, as compared to Greenhitech Ventures IPO P/E ratio of 30.05.

 Faalcon Concepts IPOGreenhitech Ventures IPO
Financials

Faalcon Concepts Limited Financial Information (Restated)

Faalcon Concepts Limited's revenue decreased by -28.5% and profit after tax (PAT) rose by 83.58% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended31 Oct 202331 Mar 202331 Mar 202231 Mar 2021
Assets1,417.671,292.64916.77553.85
Total Income1,249.111,324.811,852.93502.21
Profit After Tax131.82179.5297.7912.34
Net Worth631.39327.53129.0222.23
Reserves and Surplus143.37325.26127.6121.23
Total Borrowing366.04190.5867.1048.30
Amount in ₹ Lakhs

Greenhitech Ventures Limited Financial Information (Restated)

Period Ended31 Jan 202431 Mar 202331 Mar 202231 Mar 2021
Assets2,677.752,708.063,188.772,378.58
Total Income335.672,504.356,611.584,007.69
Profit After Tax35.6457.23135.1424.39
Net Worth456.64315.45322.45140.99
Reserves and Surplus112.64
Total Borrowing431.71347.07150.14114.60
Amount in ₹ Lakhs
Promoter Shareholding (Pre-Issue)91.76100.00
Promoter Shareholding (Post-Issue)65.5673.19
P/E Ratio16.8530.05
Market Cap₹42.35 Cr.₹23.50 Cr.
ROE27.49%8.17%
ROCE26.18%17.19%
Debt/Equity0.580.95
EPS₹3.68₹1.66
RoNW20.88%7.80%

Shares Offered

In the Faalcon Concepts IPO Retail Individual Investors (RII) are offered 9,26,000 shares while in Greenhitech Ventures IPO retail investors are offered 9,26,000 shares. Qualified Institutional Buyers (QIB) are offered in Faalcon Concepts IPO and in Greenhitech Ventures IPO.

 Faalcon Concepts IPOGreenhitech Ventures IPO
Anchor Investor Reserveration
Market Maker Reserveration98,000 shares66,000 shares
QIB
NII9,26,000 shares5,97,000 shares
RII9,26,000 shares5,97,000 shares
Employee
Others
Total18,52,000 shares11,94,000 shares

Bids Received (Subscription)

Faalcon Concepts IPO subscribed 71.28x in total, whereas Greenhitech Ventures IPO subscribed 769.95x.

 Faalcon Concepts IPOGreenhitech Ventures IPO
QIB (times)
NII (times)93.27x921.60x
Big NII (times)
Small NII (times)
RII (times)47.17x597.41x
Employee (times)
Other (times)
Total (times)71.28x769.95x