Falcon Technoprojects India IPO vs GEM Enviro IPO

Comparision between Falcon Technoprojects India IPO and GEM Enviro IPO.

IPO Details

Falcon Technoprojects India IPO is a SME Book Built Issue IPO proposed to list at NSE SME while GEM Enviro IPO is a SME Book Built Issue proposed to list at BSE SME.

	Falcon Technoprojects India IPO	GEM Enviro IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Fixed Price Issue	Book Built Issue
Listing At	NSE SME	BSE SME
Lead Managers	Kunvarji Finstock Pvt Ltd	Share India Capital Services Private Limited Fintellectual Corporate Advisors Private Limited
Registrar	Kfin Technologies Limited	Skyline Financial Services Private Ltd
Market Maker	Nikunj Stock Brokers Limited	Share India Securities Limited
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor		Anchor Investor
IPO Allotment URL	IPO Allotment URL	IPO Allotment URL

Issue Size and Price

The total issue size of Falcon Technoprojects India IPO is up to ₹13.69 Cr whereas the issue size of the GEM Enviro IPO is up to ₹44.93 Cr. The final issue price of Falcon Technoprojects India IPO is ₹92.00 per share and of GEM Enviro IPO is ₹75.00 per share.

	Falcon Technoprojects India IPO	GEM Enviro IPO
Face Value	₹10 per share	₹5 per share
Issue Price (Lower)		₹71.00 per share
Issue Price (Upper)		₹75.00 per share
Issue Price (Final)	₹92.00 per share	₹75.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	1200 shares	1600 shares
Fresh Issue Size	14,88,000 shares	14,97,600 shares
Fresh Issue Size (Amount)	up to ₹13.69 Cr	up to ₹11.23 Cr
OFS Issue Size		44,92,800 shares
OFS Issue Size (Amount)		up to ₹33.70 Cr
Issue Size Total	14,88,000 shares	59,90,400 shares
Issue Size Total (Amount)	up to ₹13.69 Cr	up to ₹44.93 Cr

IPO Timetable

Falcon Technoprojects India IPO opens on Jun 19, 2024, while GEM Enviro IPO opens on Jun 19, 2024. The closing date of Falcon Technoprojects India IPO and GEM Enviro IPO is Jun 21, 2024, and Jun 21, 2024, respectively.

	Falcon Technoprojects India IPO	GEM Enviro IPO
Anchor Bid Date
Issue Open	Jun 19, 2024	Jun 19, 2024
Issue Close	Jun 21, 2024	Jun 21, 2024
Basis Of Allotment (Tentative)	Jun 24, 2024	Jun 24, 2024
Initiation of Refunds (Tentative)	Jun 25, 2024	Jun 25, 2024
Credit of Share (Tentative)	Jun 25, 2024	Jun 25, 2024
Listing date (Tentative)	Jun 26, 2024	Jun 26, 2024
Anchor Lockin End date 1
Anchor Lockin End date 2

Financials

Falcon Technoprojects India IPO P/E ratio is 34.25, as compared to GEM Enviro IPO P/E ratio of 15.76.

Falcon Technoprojects India IPO

GEM Enviro IPO

Financial

Falcon Technoprojects India Limited Financial Information (Restated)

Period Ended	31 Jan 2024	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	2,143.72	2,183.61	2,179.53	1,720.12
Revenue	1,036.62	1,656.59	2,290.07	946.35
Profit After Tax	86.98	103.92	102.76	29.60
Net Worth	898.75	334.47	230.56	127.79
Reserves and Surplus	511.87	284.47	180.56	77.79
Total Borrowing	781.04	1,232.02	962.81	729.75
Amount in ₹ Lakhs

GEM Enviro Management Limited Financial Information (Restated)

GEM Enviro Management Limited's revenue increased by 30.05% and profit after tax (PAT) rose by 34.43% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended	31 Dec 2023	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	3,994.75	3,574.93	2,684.52	1,895.51
Revenue	2,639.11	4,280.57	3,291.48	2,560.58
Profit After Tax	840.42	1,001.82	745.23	583.38
Net Worth	3,103.32	2,411.51	1,713.57	1,015.14
Reserves and Surplus	2,050.68	2,380.55	1,677.57	979.14
Total Borrowing			2.00	2.00
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

84.20%

100.00%

Promoter Shareholding (Post-Issue)

73.44%

P/E Ratio

34.25

15.76

Market Cap

₹49.28 Cr.

₹169.13 Cr.

ROE

9.68%%

30.48%%

ROCE

11.54%%

36.55%%

Debt/Equity

EPS

₹2.69

₹4.76

RoNW

9.68%%

30.48%%

Shares Offered

In the Falcon Technoprojects India IPO retail investors (RII) are offered 7,06,800 shares while in GEM Enviro IPO retail investors are offered 7,06,800 shares. Qualified institutional buyers (QIB) are offered 0 shares in Falcon Technoprojects India IPO and 11,29,600 shares in GEM Enviro IPO.

	Falcon Technoprojects India IPO	GEM Enviro IPO
Anchor Investor Reserveration		16,92,800 shares
Market Maker Reserveration	74,400 shares	3,42,400 shares
QIB	0 shares	11,29,600 shares
NII	7,06,800 shares	8,48,000 shares
RII	7,06,800 shares	19,77,600 shares
Employee	0 shares	0 shares
Others
Total	14,13,600 shares	39,55,200 shares

Bids Received (Subscription)

Falcon Technoprojects India IPO subscribed 65.32x in total, whereas GEM Enviro IPO subscribed 265.13x.

	Falcon Technoprojects India IPO	GEM Enviro IPO
QIB (times)		160.22x
NII (times)	45.02x	462.89x
Big NII (times)
Small NII (times)
RII (times)	82.72x	240.25x
Employee (times)
Other (times)
Total (times)	65.32x	265.13x

Compare with others

Falcon Technoprojects India IPO	GEM Enviro IPO
Divine Power IPO	Winny Immigration IPO
The Money Fair IPO	Medicamen Organics IPO
Winny Immigration IPO	EnNutrica IPO
Medicamen Organics IPO	Falcon Technoprojects India IPO
EnNutrica IPO	Durlax Top Surface IPO
Durlax Top Surface IPO	GPES Solar IPO
GEM Enviro IPO	United Cotfab IPO
GPES Solar IPO	3C IT IPO
United Cotfab IPO	Magenta Lifecare IPO
3C IT IPO	Sattrix IPO

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