Falcon Technoprojects India IPO vs GPES Solar IPO

Comparision between Falcon Technoprojects India IPO and GPES Solar IPO.

IPO Details

Falcon Technoprojects India IPO is a SME Book Built Issue IPO proposed to list at NSE SME while GPES Solar IPO is a SME Book Built Issue proposed to list at NSE SME.

	Falcon Technoprojects India IPO	GPES Solar IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Fixed Price Issue	Book Built Issue
Listing At	NSE SME	NSE SME
Lead Managers	Kunvarji Finstock Pvt Ltd	Corporate Capitalventures Pvt Ltd
Registrar	Kfin Technologies Limited	Bigshare Services Pvt Ltd
Market Maker	Nikunj Stock Brokers Limited	Ss Corporate 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 GPES Solar IPO is up to ₹30.79 Cr. The final issue price of Falcon Technoprojects India IPO is ₹92.00 per share and of GPES Solar IPO is ₹94.00 per share.

	Falcon Technoprojects India IPO	GPES Solar IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)		₹90.00 per share
Issue Price (Upper)		₹94.00 per share
Issue Price (Final)	₹92.00 per share	₹94.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	1200 shares	1200 shares
Fresh Issue Size	14,88,000 shares	32,76,000 shares
Fresh Issue Size (Amount)	up to ₹13.69 Cr	up to ₹30.79 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	14,88,000 shares	32,76,000 shares
Issue Size Total (Amount)	up to ₹13.69 Cr	up to ₹30.79 Cr

IPO Timetable

Falcon Technoprojects India IPO opens on Jun 19, 2024, while GPES Solar IPO opens on Jun 14, 2024. The closing date of Falcon Technoprojects India IPO and GPES Solar IPO is Jun 21, 2024, and Jun 19, 2024, respectively.

	Falcon Technoprojects India IPO	GPES Solar IPO
Anchor Bid Date		Jun 13, 2024
Issue Open	Jun 19, 2024	Jun 14, 2024
Issue Close	Jun 21, 2024	Jun 19, 2024
Basis Of Allotment (Tentative)	Jun 24, 2024	Jun 20, 2024
Initiation of Refunds (Tentative)	Jun 25, 2024	Jun 21, 2024
Credit of Share (Tentative)	Jun 25, 2024	Jun 21, 2024
Listing date (Tentative)	Jun 26, 2024	Jun 24, 2024
Anchor Lockin End date 1		Jul 20, 2024
Anchor Lockin End date 2		Sep 18, 2024

Financials

Falcon Technoprojects India IPO P/E ratio is 34.25, as compared to GPES Solar IPO P/E ratio of 21.44.

Falcon Technoprojects India IPO

GPES Solar 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

GP Eco Solutions India Limited Financial Information (Restated)

GP Eco Solutions India Limited's revenue increased by 25.08% and profit after tax (PAT) rose by 33.43% 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	4,728.75	4,715.19	1,904.89	1,429.81
Revenue	7,858.88	10,447.63	8,352.99	4,652.91
Profit After Tax	473.27	369.82	277.17	96.94
Net Worth	1,298.08	824.81	454.98	177.81
Reserves and Surplus	578.08	804.81	434.98	157.81
Total Borrowing	1,544.79	1,316.52	517.55	351.37
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

84.20%

86.4%

Promoter Shareholding (Post-Issue)

62.23%

P/E Ratio

34.25

21.44

Market Cap

₹49.28 Cr.

₹110.08 Cr.

ROE

9.68%%

44.59%%

ROCE

11.54%%

26.51%%

Debt/Equity

1.11

EPS

₹2.69

₹4.38

RoNW

9.68%%

42.70%%

Shares Offered

In the Falcon Technoprojects India IPO retail investors (RII) are offered 7,06,800 shares while in GPES Solar IPO retail investors are offered 7,06,800 shares. Qualified institutional buyers (QIB) are offered 0 shares in Falcon Technoprojects India IPO and 5,89,200 shares in GPES Solar IPO.

	Falcon Technoprojects India IPO	GPES Solar IPO
Anchor Investor Reserveration		8,83,200 shares
Market Maker Reserveration	74,400 shares	3,27,600 shares
QIB	0 shares	5,89,200 shares
NII	7,06,800 shares	4,44,000 shares
RII	7,06,800 shares	10,32,000 shares
Employee	0 shares	0 shares
Others
Total	14,13,600 shares	20,65,200 shares

Bids Received (Subscription)

Falcon Technoprojects India IPO subscribed 65.32x in total, whereas GPES Solar IPO subscribed 856.21x.

	Falcon Technoprojects India IPO	GPES Solar IPO
QIB (times)		236.64x
NII (times)	45.02x	1,824.87x
Big NII (times)
Small NII (times)
RII (times)	82.72x	793.20x
Employee (times)
Other (times)
Total (times)	65.32x	856.21x

Compare with others

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

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