IKIO Lighting Limited
Open MainLineCurrent GMP
₹90 (+31.58%)
Price Band
₹ 270 – 285
Lot Size
52
Issue Size
₹606.5 Cr
Minimum Investment
₹14820 (52 Shares)
Listing Date
16 June 2023
Subscription
67.75x
About the Company
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.
Promoters
IKIO Lighting Limited Promoter
Hardeep Singh
Surmeet Kaur
Promoters Holding
Holding Pre Issue
100.00%
Holding Post Issue
72.46%
Objects of the Issue
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.
Address / Contact Info
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
IPO Timeline (Tentative)
IPO Open Date
Tuesday, 06 June 2023
IPO Close Date
Thursday, 08 June 2023
Basis of Allotment
Tuesday, 13 June 2023
Initiation of Refunds
Wednesday, 14 June 2023
Credit of Shares to Demat
Thursday, 15 June 2023
Listing Date
Friday, 16 June 2023 — NSE & BSE
Important Dates
Open Date
06 June 2023
Close Date
08 June 2023
Basis Of Allotment
13 June 2023
Listing Date
16 June 2023
Financial Performance (₹ 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 |
EPS Pre
7.90%
EPS Post
0.00%
P/E Pre
32.13
P/E (Post Issue)
0.00x
Company Financial Information
KPI Information (₹ in Crores)
| Particular | The market capitalization of IKIO Lighting IPO is Rs 2202.5 Cr |
|---|---|
| ROE % | 36 |
| ROCE % | 26 |
| Debt / Equity | 1.03 |
| RoNW % | 36.46 |
| PbW | 0 |
| Pat Margin % | 0 |
Return Ratio
IPO Reservations
| Category | Shares Offered | Shares Offered % | Max Allotee |
|---|---|---|---|
| Anchor Investors | 6384209 | 30 | 0 |
| Qualified Institutions | 4256140 | 20 | 0 |
| Non-Institutional | 3192107 | 15 | 0 |
| BNII | 2128071 | 10 | 2923 |
| SNII | 1064036 | 5 | 1461 |
| Retail Investors | 7448246 | 35 | 143235 |
| Total | 21280702 | 100 | 0 |
Subscription Status ( Thu, 08 Jun 23 05:11 PM)
| Category | Shares Offered | Shares Bid For | Subscription (x) |
|---|---|---|---|
| Qualified Institutions | 4256140 | 694010148 | 163.06x |
| Non-Institutional | 3192107 | 208714480 | 65.38x |
| Retail Investors | 7448246 | 106564068 | 14.31x |
| Total | 14896493 | 1009288696 | 67.75x |
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 | 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 |
Registrar
Kfin Technologies Limited
04067162222, 04079611000
reachus@kfintech.com
https://www.kfintech.com
Book Running Lead Managers
- Motilal Oswal Investment Advisors Pvt Ltd
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.
IKIO Lighting Limited is a Book-building IPO worth ₹606.5 crores. The price band is ₹270 to 285 per share. The IPO opens on Tue, Jun 6, 2023 and closes on Thu, Jun 8, 2023. It will be listed on BSE and NSE. Kfin Technologies Limited is the registrar.
The IKIO Lighting Limited opens on Tue, Jun 6, 2023 and closes on Thu, Jun 8, 2023
IKIO Lighting Limited Price Band is ₹270 to 285.
IKIO Lighting Limited lot size is 52, and the minimum amount required for application is ₹14820.
The minimum investment for IKIO Lighting Limited is approximately ₹14820 based on the upper price band.
To apply for the IKIO Lighting Limited, 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 8, 2023. After submission, funds are blocked until the basis of allotment of IKIO Lighting Limited is finalised.
IKIO Lighting Limited issue size is ₹606.5 crores.
IKIO Lighting Limited allotment date is Sat, Jun 27, 2026.
The registrar for IKIO Lighting Limited is Kfin Technologies Limited. Investors can go to Kfin Technologies Limited website for IPO allotment status, refund processing, and other queries related to IKIO Lighting Limited through their official website or helpline.
The IKIO Lighting Limited 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 listing price is ₹375, indicating a potential listing gain of approximately 31% over the issue price.