Icon Facilitators IPO
Open SmeCurrent GMP
₹13 (+14.29%)
Price Band
₹ 85 – 91
Lot Size
1200
Issue Size
₹18.15 Cr
Minimum Investment
₹218400 (2400 Shares)
Listing Date
01 July 2025
Subscription
2.42x
About the Company
Icon Facilitators Limited, originally incorporated as Icon Facilitators Private Limited on September 20, 2013, transitioned into a public limited company on June 5, 2024. The company operates as an integrated business services platform in India, with a core focus on providing technical facilities management services, primarily across Northern India. Their offerings span a wide range of Hard Services, such as electrical system management, captive power operations, STP/ETP and water treatment, HVAC management, building management systems (BMS), fire and safety equipment operations, elevator and escalator maintenance, and annual maintenance contracts for electromechanical (E&M) equipment. These services are tailored for commercial, retail, industrial, and residential clients on a B2B basis.
In addition to Hard Services, the company also provides Soft Services like housekeeping, carpet and upholstery cleaning, pest control, fumigation, and pantry management, although their core competency remains in technical services. Icon Facilitators operates at a large scale in Haryana (68 sites), Uttar Pradesh (34 sites), and Delhi (22 sites), with smaller presences in Rajasthan, Punjab, and Himachal Pradesh. As part of its strategic growth, the company opened a new office in Bengaluru in August 2024 to expand into Southern India and tap into new business opportunities.
The company is led by Mr. Dinesh Makhija, a mechanical engineer with over 20 years of industry experience, whose leadership has been instrumental in shaping its vision and growth strategy. Icon Facilitators places strong emphasis on local service delivery, technical expertise, and operational excellence, which allows it to offer responsive and cost-effective solutions. The company attributes its success to its technically skilled workforce and commitment to client satisfaction, performance optimization, and continuous improvement.
Promoters
- Mr. Dinesh Makhija
- Ms. Pooja Makhija
Promoters Holding
Holding Pre Issue
95.65%
Holding Post Issue
70.09%
Objects of the Issue
The Company Icon Facilitators IPO proposes to utilise the Net Proceeds from the Issue towards the following objects:
- Working Capital Requirement
- General Corporate Purpose
Address / Contact Info
Icon Facilitators Limited
C-28, 2nd Floor Community
Centre, Janakpuri, New Delhi-
110058, India
Phone: +91-9625930130
Email: cs@iconf.in
Website: http://www.iconf.in/
IPO Snapshot
IPO Timeline (Tentative)
IPO Open Date
Tuesday, 24 June 2025
IPO Close Date
Thursday, 26 June 2025
Basis of Allotment
Friday, 27 June 2025
Initiation of Refunds
Monday, 30 June 2025
Credit of Shares to Demat
Monday, 30 June 2025
Listing Date
Tuesday, 01 July 2025 — NSE & BSE
Important Dates
Open Date
24 June 2025
Close Date
26 June 2025
Basis Of Allotment
27 June 2025
Listing Date
01 July 2025
Financial Performance (₹ in Crores)
| Particular | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Assets | 23.95 | 17.66 | 14.93 |
| Revenue | 58.07 | 49.85 | 42.96 |
| Profit After Tax | 4.47 | 1.76 | 1.92 |
| Net Worth | 12.69 | 5.95 | 4.19 |
| Reserve & Surplus | 6.93 | 5.94 | 4.18 |
| Total Borrowings | 0 | 0 | 0 |
EPS Pre
7.76%
EPS Post
5.77%
P/E Pre
11.72
P/E (Post Issue)
15.78x
Company Financial Information
KPI Information (₹ in Crores)
| Particular | KPI as of Sun, Mar 31, 2024. |
|---|---|
| ROE % | 35.23 |
| ROCE % | 37.09 |
| Debt / Equity | 0.35 |
| RoNW % | 35.23 |
| PbW | 0 |
| Pat Margin % | 7.7 |
Return Ratio
IPO Reservations
| Category | Shares Offered | Shares Offered % | Max Allotee |
|---|---|---|---|
| Qualified Institutions | 100800 | 0 | 0 |
| Non-Institutional | 1052400 | 0 | 0 |
| Retail Investors | 946800 | 0 | 0 |
| Total | 2100000 | 0 | 0 |
Subscription Status ( Thu, 26 Jun 25 01:28 PM)
| Category | Shares Offered | Shares Bid For | Subscription (x) |
|---|---|---|---|
| Qualified Institutions | 100800 | 219600 | 2.18x |
| Non-Institutional | 1052400 | 975600 | 0.93x |
| Retail Investors | 946800 | 3882000 | 4.1x |
| Total | 2100000 | 5077200 | 2.42x |
Subscription figures are updated periodically and may change until issue closing. Data reflects bids placed across exchanges.
Peer Comparision
No Peer Comparision Available
Lot Size & Investment Details
| Application | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 1,200 | 109,200.00 |
| Retail (Max) | 1 | 1,200 | 109,200.00 |
| S-HNI (Min) | 2 | 2,400 | 218,400.00 |
Registrar
Maashitla Securities Pvt. Limited
011-45121795-96
investor.ipo@maashitla.com
https://www.maashitla.com
Book Running Lead Managers
- Khambatta Securities Limited
RHP Document
DRHP Document
Disclaimer: This data is for informational purposes only and does not constitute investment advice. Figures shown are illustrative sample data.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
Icon Facilitators IPO is a Book-building IPO worth ₹18.15 crores. The price band is ₹85 to 91 per share. The IPO opens on Tue, Jun 24, 2025 and closes on Thu, Jun 26, 2025. It will be listed on BSE and NSE. Maashitla Securities Pvt. Limited is the registrar.
The Icon Facilitators IPO opens on Tue, Jun 24, 2025 and closes on Thu, Jun 26, 2025
Icon Facilitators IPO Price Band is ₹85 to 91.
Icon Facilitators IPO lot size is 1200, and the minimum amount required for application is ₹218400.
The minimum investment for Icon Facilitators IPO is approximately ₹218400 based on the upper price band.
To apply for the Icon Facilitators IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of Thu, Jun 26, 2025. After submission, funds are blocked until the basis of allotment of Icon Facilitators IPO is finalised.
Icon Facilitators IPO issue size is ₹18.15 crores.
Icon Facilitators IPO allotment date is Sat, Jun 27, 2026.
The registrar for Icon Facilitators IPO is Maashitla Securities Pvt. Limited. Investors can go to Maashitla Securities Pvt. Limited website for IPO allotment status, refund processing, and other queries related to Icon Facilitators IPO through their official website or helpline.
The Icon Facilitators IPO GMP (Grey Market Premium) is ₹5 as of Thu, Jun 26, 2025. Based on the upper price band of ₹91 per share, the estimated Icon Facilitators IPO listing price is ₹96, indicating a potential listing gain of approximately 31% over the issue price.