IKIO Lighting Limited IPO
GMP, Subscription, Price, Dates & Financial Details
IKIO Lighting Limited specializes in manufacturing LED lighting solutions. As an original design manufacturer (ODM), the company focuses on designing, developing, and producing products for clients in India and the USA, who then distribute these products under their own brands.IKIO's products and…
Open Date
Tue, 06 Jun 2023
Close Date
Thu, 08 Jun 2023
Price Band
₹ 270 – 285
Lot Size
52
Issue Size
₹ 606.50 Cr
Minimum Investment
₹ 14,820 (52 Shares)
Grey Market Premium Analysis
Day Wise GMP→Unofficial premium quoted in the grey market, tracked daily against the price band cap.
Grey market trading is unregulated. GMP figures are indicative only and should not be the sole basis for investment decisions - treat as a sentiment indicator, not a guarantee.
IPO Details
IKIO Lighting Limited IPO has successfully completed its IPO process and is now listed on the NSE and BSE. According to the Red Herring Prospectus (RHP), the IPO was a book-built issue with a total issue size of ₹607 Crore, comprising a fresh issue of 1.23 Crore equity shares aggregating to ₹350.00 Crore and an offer for sale (OFS) of 90.00 Lakh equity shares aggregating to ₹256.50 Crore by the existing shareholders.
The IKIO Lighting Limited IPO remained open for subscription from June 06, 2023, to June 08, 2023. The basis of allotment was finalized on June 13, 2023, and the company's shares were listed on the NSE and BSE on June 16, 2023.
The company had fixed the price band at ₹270 to ₹285 per share, with a lot size of 52 shares. Retail investors were required to make a minimum investment of ₹14,820 (based on the upper price band) to apply for one lot.
KFin Technologies Limited served as the registrar to the issue. Motilal Oswal Investment Advisors Ltd acted as the Book Running Lead Managers (BRLMs) to the issue.
With the successful completion of the IPO process, IKIO Lighting Limited is now a publicly listed company on the NSE and BSE. Investors can track the company's share price, trading performance, financial results, and corporate announcements through the stock exchanges.
IKIO Lighting Limited IPO Timeline (Tentative)
- IPO Open Date
- Tue, 06 Jun 23
- IPO Close Date
- Thu, 08 Jun 23
- Basis of Allotment
- Tue, 13 Jun 23
- Initiation of Refunds
- Wed, 14 Jun 23
- Credit of Shares to Demat
- Thu, 15 Jun 23
- Listing Date
- Fri, 16 Jun 23 — NSE & BSE
Open Date
06 June 2023
Close Date
08 June 2023
Basis Of Allotment
13 June 2023
Listing Date
16 June 2023
IPO Subscription
Check Live Subscription →The IKIO Lighting Limited IPO has received bids for 1,00,92,88,696 shares against 1,48,96,493 shares offered, resulting in an overall subscription of 67.75x. the NII category is subscribed 65.38x, Retail Investors 14.31x, and QIBs 163.06x.
QIB
163.06x
NII
65.38x
RII
14.31x
Total
67.75x
IPO Reservations
The Retail Individual Investor (RII) category has the highest allocation with 74,48,246 shares, representing 35% of the total issue. Qualified Institutional Buyers (QIBs) are allocated 42,56,140 shares (20%), while Non-Institutional Investors (NIIs) receive 31,92,107 shares (15%).
| Category | Shares Offered | Shares Offered |
|---|---|---|
| Anchor Investors | 6,384,209 | 30% |
| Qualified Institutions | 4,256,140 | 20% |
| Non-Institutional | 3,192,107 | 15% |
| BNII | 2,128,071 | 10% |
| SNII | 1,064,036 | 5% |
| Retail Investors | 7,448,246 | 35% |
| Total | 21,280,702 | 100% |
Financials Details(₹ in Crores)
| Particular | 31-Mar-20 | 31-Mar-21 | 31-Mar-22 | 31-Mar-23 |
|---|---|---|---|---|
| Assets | 144.83 | 174.45 | 264.87 | 335.5 |
| Revenue | 221.83 | 214.57 | 334 | 332.79 |
| Profit After Tax | 21.41 | 28.81 | 50.52 | 51.35 |
| Net Worth | 35.9 | 62.86 | 108.87 | 140.83 |
| Reserve & Surplus | 0 | 0 | 0 | 0 |
| Total Borrowings | 46.86 | 69.36 | 106.56 | 136.33 |
Financials Performance
Performance Indicators
EPS Pre
Earnings per share before the IPO.
P/E Pre
IPO Offer Price ÷ EPS Pre.
EPS Post
Expected earnings per share after the IPO..
P/E (Post Issue)
IPO Offer Price ÷ EPS Post.
IKIO Lighting Limited KPI Information
| Particular | The market capitalization of IKIO Lighting IPO is Rs 2202.5 Cr |
|---|---|
| ROE % | 36 |
| ROCE % | 26 |
| Debt / Equity | 1.03 |
| RoNW % | 36.46 |
Peers Comparison
No Peer Comparision Available
About IKIO Lighting Limited
IKIO Lighting Limited specializes in manufacturing LED lighting solutions. As an original design manufacturer (ODM), the company focuses on designing, developing, and producing products for clients in India and the USA, who then distribute these products under their own brands.
IKIO's products and systems cater to various industries, including residential, industrial, and commercial lighting. The company’s offerings are categorized into four main verticals:
1) LED lighting,
2) Refrigerator lights
3) ABS (acrylonitrile butadiene styrene) piping
4) Additional products such as fan regulators and light strips.
IKIO Lighting Limited IPO Promoters
IKIO Lighting Limited Promoter
Hardeep Singh
Surmeet Kaur
Promoters Holding
Holding Pre Issue
100.00%
Holding Post Issue
72.46%
IKIO Lighting Limited IPO Objective
The key objectives of the IPO are the following.
Repayment/prepayment of certain market borrowings.
Investing in the wholly-owned subsidiary to set up a new facility in Noida, Uttar Pradesh.
To meet general corporate purposes.
IKIO Lighting Limited Address / Contact Details
IKIO Lighting Limited
411, Arunachal Building,
19 Barakhamba Road, Connaught Place,
New Delhi – 110 001
Phone: +91 120 – 4116186
Email: secretarial@ikiolighting.com
Website: http://www.ikio.in
IPO Snapshot
IKIO Lighting Limited IPO Lot Size
The IKIO Lighting Limited IPO has a lot size of 52 shares. Retail investors require a minimum investment of ₹14,820 by applying for 1 lot (52 shares). The maximum application allowed for the retail category is 13 lots (676 shares), requiring an investment of ₹1,92,660.
| Application | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 52 | 14,820.00 |
| Retail (Max) | 13 | 676 | 192,660.00 |
| S-HNI (Min) | 14 | 728 | 207,480.00 |
| S-HNI (Max) | 67 | 3,484 | 992,940.00 |
| B-HNI (Min) | 68 | 3,536 | 1,007,760.00 |
Issue Reservation
- Anchor Investors — 30%
- QIB — 20%
- NII — 15%
- RII — 35%
Book Running Lead Managers
- Motilal Oswal Investment Advisors Ltd
IPO Documents & Links
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Disclaimer: This data is for informational purposes only and does not constitute investment advice.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
What is the IKIO Lighting Limited IPO?
IKIO Lighting Limited IPO is a Book-building IPO with a total issue size of ₹606.5 crore. The IKIO Lighting Limited IPO price band is ₹270 to 285 per share. The IKIO Lighting Limited IPO subscription opens on Tue, Jun 6, 2023, and closes on Thu, Jun 8, 2023. The IKIO Lighting Limited IPO will be listed on the BSE,NSE. KFin Technologies Limited is the registrar for the IKIO Lighting Limited IPO.
When will the IKIO Lighting Limited IPO open for subscription?
The IKIO Lighting Limited IPO opens on Tue, Jun 6, 2023 and closes on Thu, Jun 8, 2023
What is IKIO Lighting Limited IPO Price Band?
IKIO Lighting Limited IPO Price Band is ₹270 to 285 per share.
What is IKIO Lighting Limited IPO Lot Size?
IKIO Lighting Limited IPO lot size is 52 shares, Retail investors need a minimum investment of ₹14820 based on the upper price band
What is the minimum investment for IKIO Lighting Limited IPO?
The minimum investment for IKIO Lighting Limited IPO is ₹14820, based on one lot of 52 shares at the upper price band of ₹285 per share.
How to apply for IKIO Lighting Limited IPO?
Investors can apply for the IKIO Lighting Limited IPO through the ASBA (Application Supported by Blocked Amount) facility offered by their bank or through UPI using a SEBI-registered broker or trading app. Select the desired lot size, enter your bid within the price band, and submit the application before Thu, Jun 8, 2023. The application amount remains blocked until the IKIO Lighting Limited IPO allotment is finalized.
What is IKIO Lighting Limited IPO Issue Size?
IKIO Lighting Limited IPO issue size is ₹606.5 crores.
What is the IKIO Lighting Limited IPO Allotment Date?
IKIO Lighting Limited IPO allotment date is Tue, Jun 13, 2023.
Who is the IKIO Lighting Limited IPO Registrar?
The registrar for IKIO Lighting Limited IPO is KFin Technologies Limited. Investors can go to KFin Technologies Limited website to check IKIO Lighting Limited IPO allotment status, refund processing, and other IPO-related information.
What is the IKIO Lighting Limited IPO GMP?
The IKIO Lighting Limited IPO GMP (Grey Market Premium) is ₹90 as of Fri, Jun 16, 2023. Based on the upper price band of ₹285 per share, the estimated IKIO Lighting Limited IPO listing price is ₹375, indicating a potential listing gain of approximately 31.58% over the issue price.
Who is the IKIO Lighting Limited IPO Lead Manager?
The book-running lead managers (BRLMs) for the IKIO Lighting Limited IPO are . The lead managers are responsible for managing the IPO process, including issue structuring, regulatory compliance, marketing the public issue, coordinating with investors, and ensuring a smooth listing process. For complete details, investors should refer to the IKIO Lighting Limited IPO Red Herring Prospectus (RHP).