The IKIO Lighting has begun on 06-June-2023. It will close on 08-June-2023. The Total IPO Size is 607 Crore. The company set its IPO price is 285 Rs Per Share. Basically, there are three basic categories in IKIO Lighting IPO Subscription 1) Qualified Institutional Buyers 2) Non-Institutional Investors 3) Qualified Institutional Buyers.
IKIO Lighting is established in 2016.
IKIO Lighting is an Indian manufacturer of light emitting diode (“LED”) lighting solutions. The products are categorised as (i) LED lighting; (ii) refrigeration lights; (iii) ABS (acrylonitrile butadiene styrene) piping; and (iv) other products.
They have a diversified customer base across industry sectors and geographies which include Western Refrigeration Private Limited, Panasonic Life Solutions India Private Limited and Novateur Electrical & Digital Systems Private Limited.
Industry Peers
1) Dixon Technologies Limited
2) Amber Enterprises India Limited
3) Syrma SGS Technology Limited
IKIO Lighting IPO Promotor/ Investor Shareholding
| Name of the Promoter | No. of Shares held | Percentage of total Shareholding | Average cost of Acquisition |
| Hardeep Singh | 38,999,142 | 60 | 0.01 |
| Surmeet Kaur | 26,000,000 | 40 | 0.01 |
| Total | 64,999,142 | 100% | 0.01 |
IKIO Lighting IPO Date, Details & Price Band
The IKIO Lighting IPO Price Band, IPO Dates, Market lot and other details mention in be below table.
| IPO Opening Dates | 06-June-2023 |
| IPO Closing Dates | 08-June-2023 |
| Price Band | 270-285 Rs |
| Offer For Sale | 257 Crore |
| Fresh issue | 350 Crore |
| Total IPO size | 607 Crore |
| Minimum bid (lot size) | 52 Shares |
| Face Value | 10 INR Per Share |
| Issue Type | Book Built Issue IPO |
| HNI Allocation | 50% |
| HNI Allocation | 15% |
| Retail Allocation | 35% |
| Listing On | NSE, BSE |
IKIO Lighting IPO Market Lot
The IKIO Lighting IPO minimum market lot is 52 shares With 14,820 ₹ Amount per application.
| Lot | No of Shares | Amount | |
| Retail Minimum | 1 | 52 | 14,820 ₹ |
| Retail Maximum | 13 | 676 | 1,92,660 ₹ |
| S-HNI Minimum | 14 | 676 | 2,07,480 ₹ |
| S-HNI Maximum | 67 | 3,484 | 9,92,940 ₹ |
| B-HNI Maximum | 68 | 3,536 | 10,07,760 ₹ |
Restated Financial Record of the three year (Amt. in Crore)
| Total Assets | Total Revenue | Profit After Tax | |
| 31-Mar-22 | 264.87 | 334.00 | 50.52 |
| 31-Mar-21 | 174.45 | 214.57 | 28.81 |
| 31-Mar-20 | 144.83 | 221.83 | 21.41 |
IKIO Lighting IPO GMP & Grey Market Premium
IKIO Lighting IPO GMP Grey market premium has been started today. Check Latest IKIO Lighting IPO GMP, Kostak Rates and Subject to Sauda Price here.
IKIO Lighting IPO Prospectus
IKIO Lighting IPO Prospectus Available on BSE and Sebi Website as well as on our Portal. Please click here to Download IKIO Lighting IPO Prospectus.
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| RHP | Download |
IKIO Lighting IPO Reviews
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IKIO Lighting IPO Form Download
IKIO Lighting IPO form Available on NSE, BSE Website as well as on our Portal. Please click here to Download IKIO Lighting IPO forms.
IKIO Lighting IPO Allotment Date & Details
| Allotment Date | 13 June 2023 |
| Initiation of refunds | 14 June 2023 |
| Transfer of shares to Demat accounts | 15 June 2023 |
| Listing Date | 16 June 2023 |
| Check Allotment Status | Click here |
Registrar of IKIO Lighting
KFin Technologies Limited
Selenium Tower B, Plot 31 & 32, Gachibowli, Financial District, Nanakramguda, Serilingampally
Hyderabad 500 032, Telangana, India
Telephone: +91 4067162222/18003094001
E-mail: IKIO [email protected]
Investor Grievance ID: [email protected]
Website: www.kfintech.com
Contact Person: M Murli Krishna
SEBI Registration Number: INR000000221
IKIO Lighting Contact Details
IKIO Lighting Limited
411, Arunachal Building,
19 Barakhamba Road, Connaught Place,
New Delhi – 110 001
Phone: +91 120 – 4116186
Email: [email protected]
Website: http://www.ikio.in/
IKIO Lighting IPO Lead Managers
Motilal Oswal Investment Advisors Limited
10th Floor, Motilal Oswal Tower, Rahimtullah, Sayani Road, Opposite Parel S.T. Depot, Prabhadevi
Mumbai-400025, Maharashtra, India
Telephone: +91 22 7193 4380
E-mail: [email protected]
Investor Grievance ID: [email protected]
Website: www.motilaloswalgroup.com
Contact Person: Ritu Sharma / Kirti Kanoria
SEBI Registration Number: INM000011005