IKIO Lighting Limited
- IPO Date06 Jun, 2023 to 08 Jun, 2023
- Listing Date16 Jun, 2023
- Face Value₹10 per share
- Issue Price₹270 to ₹285 per share
- Lot Size52 Shares
- Minimum Investment₹14,820
- Listing AtBSE, NSE
- Total Issue Size2,12,80,701 Shares
(aggregating up to ₹606.50 Cr) - Fresh Issue1,22,80,701 Shares
(aggregating up to ₹350.00 Cr)
- Offer for Sale90,00,000 Shares
(aggregating up to ₹256.50 Cr) - Issue TypeBook Built Issue IPO
- Share holding pre issue6,50,00,000
- Shareholding post issue7,72,80,701
IPO Dates
Closing Date
08 Jun, 2023
Initiation of Refunds
15 Jun, 2023
Listing Date
16 Jun, 2023
06 Jun, 2023
Opening Date
13 Jun, 2023
Basis of Allotment
15 Jun, 2023
Credit of Shares
IKIO Lighting Limited Lot Size
The minimum lot size of this IKIO Lighting IPO is 52 shares required is ₹14,820.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 52 | ₹14,820 |
| B-HNI (Min) | 68 | 3536 | ₹10,07,760 |
| Retail (Max) | 13 | 676 | ₹1,92,660 |
| S-HNI (Max) | 67 | 3484 | ₹9,92,940 |
| S-HNI (Min) | 14 | 728 | ₹2,07,480 |
IKIO Lighting Limited Promoter Holding
Hardeep Singh and Surmeet Kaur are the Promoters of the company.
| Pre Issue Share Holding | Post Issue Share Holding |
|---|---|
| 100% | 72.46% |
Key Performance Indicator
IKIO Lighting IPO Market Cap is Rs 2202.5 Cr and P/E (x) is 32.13.
| KPI | Values |
|---|---|
| ROE | 36% |
| ROCE | 26% |
| RoNW | 36.46% |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (Rs) | 32.13 | 7.9 |
| P/E (x) | 32.13 | 7.9 |
IKIO Lighting Limited COMPANY INFORMATION
IKIO Lighting IPO is a Book Built Issue. The IPO total issue size is Rs 606.50 Cr. The IKIO Lighting IPO price is ₹270 to ₹285 per share. The IPO will list on BSE, NSE.
Incorporated in 2016, 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 and 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.
FAQs About Ikio Lighting Limited
IKIO Lighting Limited will open on 06 Jun, 2023 and close on 08 Jun, 2023. Investors must apply within this period to participate.
The IKIO Lighting Limited price band is set between ₹270.00 and ₹285.00 per share. The minimum lot size is 52, requiring an investment of at least ₹14820.00.
The IKIO Lighting Limited shares are expected to be listed on 16 Jun, 2023, subject to regulatory approvals and final allotment.
You can track your IKIO Lighting Limited application status on the registrar’s website: Link Intime or KFintech using your PAN, application number, or DP ID
The IKIO Lighting Limited will be listed on major stock exchanges such as NSE and BSE, where you can trade shares once they are listed.