The share price of Falcon Technoprojects debuted on NSE SME today. The opening share price of Falcon Technoprojects was ₹84, 8.7% less than the ₹92 issue price. The stock got stuck in a 5% upper circuit after a poor debut.
Subscriptions for Falcon Technoprojects India IPO closed on Friday, June 21, after opening on Wednesday, June 19. Falcon Technoprojects’ IPO price band was set at ₹92 per equity share, with a face value of ₹10. The lot size for Falcon Technoprojects’ IPO was 1,200 shares. According to chittorgarh.com, Falcon Technoprojects had an IPO subscription status of 65.32 times on the last day of bidding.
According to the Prospectus, the company offers Mechanical, Electrical and Plumbing (MEP) services to our PAN India clients who operate in a variety of industries, such as atomic energy, residential Townships, petroleum refineries, civil construction and so on.
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