Ikio Lighting Limited
Mainboard₹14,820 / 52 Shares
Ikio Lighting Limited IPO Details
The Ikio Lighting Limited IPO price band is set between 270-285 per equity share, with a face value of ₹10 per share. The issue is managed by Kfin Technologies Limited, and the equity shares are proposed to be listed on the Mainboard.
The IPO date for subscription opens on 6 Jun, 2023 and closes on 8 Jun, 2023. Investors can check the allotment status on 13 Jun, 2023, while the listing date is tentatively scheduled for 16 Jun, 2023.
The total issue size is Total ₹606.5 Cr : #Fresh Issue : [.] shares, aggregating up to ₹350.00 Cr. Stay tuned for the latest Ikio Lighting Limited IPO review and GMP updates.
Ikio Lighting Limited IPO Review, Rating & Analysis
Ikio Lighting Limited IPO Review
NO REVIEWIkio Lighting Limited IPO Rating
Ikio Lighting Limited IPO Highlights
IPO Date
Jun 6, 2023 - Jun 8, 2023
Listing Date
16 Jun, 2023
Face Value
₹10 Per Equity Share
Price Band
270-285 per equity share
Lot Size
52 Shares
Fresh Issue
[.] Shares
Offer for Sale
9,000,000 shares of ₹10
Listing At
BSE, NSE
Ikio Lighting Limited IPO Lot Size
The minimum market lot for Ikio Lighting Limited IPO is 52 shares with an application amount of ₹14,820. Retail investors can apply for up to 13 lots. The table below details the minimum and maximum investment limits for Retail and HNI investors.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 52 | ₹14,820 |
| Retail (Max) | 13 | 676 | ₹1,92,660 |
| S-HNI (Min) | 14 | 728 | ₹2,07,480 |
| S-HNI (Max) | 67 | 3484 | ₹9,92,940 |
| B-HNI (Min) | 68 | 3536 | ₹10,07,760 |
Ikio Lighting Limited IPO Timeline
Issue Price
270-285 per equity shareFace Value
₹10 Per Equity ShareListing at Group
BSE, NSERegistrar
Kfin Technologies LimitedLead Manager
Motilal Oswal Investment Advisors Pvt LtdIssue Size
Total ₹606.5 Cr :#Fresh Issue : [.] shares(aggregating up to ₹350.00 Cr) +
#OFS : 9,000,000 shares of ₹10(aggregating up to ₹[.] Cr)
Ikio Lighting Limited IPO Financial Information
| Period Ended | Assets | Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing |
|---|---|---|---|---|---|---|
| 31 Dec 22 | 321.29 | 243.18 | 34.58 | - | - | - |
| 31 Mar 22 | 112.61 | 220.72 | 28.01 | - | - | - |
| 31 Mar 21 | 74.10 | 160.04 | 20.58 | - | - | - |
| 31 Mar 20 | 50.98 | 140.73 | 15.99 | - | - | - |
All values are in ₹ Cr.
Promoters & Share Holding
Promoter(s) Name
- Hardeep Singh
- Surmeet Kaur
| Share Holding Pre Issue | Share Holding Post Issue |
|---|---|
| 100% | 72.46% |
About Company
IKIO Lighting Limited is an Indian manufacturer of light-emitting diode (LED) lighting solutions. In its journey of over seven years, the entity focused on providing sustainability and low-energy LED products to help India meet its sustainability goals.
The product portfolio of IKIO can be categorized as
LED lighting
Refrigeration lights
ABS (acrylonitrile butadiene styrene) piping
other products
The company is primarily an Original Design Manufacturer (ODM). They design, develop, manufacture and supply products to customers. Thereon, the customers further distribute the products under their own brands. Alongside, they also work with the customers to develop, manufacture and supply products as designed by the customers.
The company's LED lighting offerings focus on the premium segment and include lighting, fittings, fixtures, accessories, and components. The products are designed and created to cater to the distinct requirements and expectations of the customers.
The total revenue of IKIO Lighting Limited in the preceding financial years 2022, 2021, and 2020 was 3,339.95 million, .72 million, and 2,218.28 million, respectively.
Ikio Lighting Limited IPO Subscription Details
| As on | QIB | NII bNII sNII | Retail | Total |
|---|---|---|---|---|
| Shares Offered / Reserved | 4,256,140 | 3,192,107 2,128,071 1,064,036 | 7,448,246 | 14,896,493 |
Day 1 -06-06-23 05:00 PM | 0.30 x | 2.96 2.32 x 4.25 x | 1.64 x | 1.55 x |
Day 2 -07-06-23 05:00 PM | 1.37 x | 15.99 14.04 x 19.89 x | 5.92 x | 6.83 x |
Day 3 -08-06-23 05:00 PM | 163.58 x | 63.35 66.87 x 56.32 x | 13.86 x | 66.29 x |
Frequently Asked Questions about Ikio Lighting Limited IPO
When will Ikio Lighting Limited IPO open for subscription?
The Ikio Lighting Limited IPO opens on 6 Jun, 2023 and closes on 8 Jun, 2023.
What is the investors portion for Ikio Lighting Limited IPO?
The investors' portion for QIB is 163.58 x, NII is 66.87 x, and Retail is 13.86 x.
How to apply for Ikio Lighting Limited IPO?
You can apply for Ikio Lighting Limited IPO via ASBA online through your bank account. You can also apply via UPI through stock brokers like Zerodha, Upstox, or Paytm Money.
What is the issue size of Ikio Lighting Limited IPO?
The issue size of Ikio Lighting Limited IPO is approx ₹Total ₹606.5 Cr : #Fresh Issue : [.] shares(aggregating up to ₹350.00 Cr) +#OFS : 9,000,000 shares of ₹10(aggregating up to ₹[.] Cr) crores.
What is the price band of Ikio Lighting Limited IPO?
The price band for Ikio Lighting Limited IPO is 270 to ₹285 per equity share.
What is the lot size of Ikio Lighting Limited IPO?
The minimum bid (lot size) for Ikio Lighting Limited IPO is N/A shares with an investment of approx ₹14,820 .
What is the allotment date of Ikio Lighting Limited IPO?
The allotment date for Ikio Lighting Limited IPO is 13 Jun, 2023.
What is the listing date of Ikio Lighting Limited IPO?
The listing date for Ikio Lighting Limited IPO is expected to be 16 Jun, 2023.
What is the GMP of Ikio Lighting Limited IPO?
The latest Grey Market Premium (GMP) for Ikio Lighting Limited IPO is being updated regularly on IPOROCK.
Parth D.
Founder & Lead Analyst
Parth D. is a software engineer and financial analyst who brings a quantitative edge to IPO tracking. With deep expertise in algorithmic trading and financial tool development, he builds the technology that powers IPORock's real-time data engines. He has been tracking the Indian market since 2018.