Icon Facilitators IPO
GMP, Subscription, Price, Dates & Financial Details
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…
Open Date
Tue, 24 Jun 2025
Close Date
Thu, 26 Jun 2025
Price Band
₹ 85 – 91
Lot Size
1200
Issue Size
₹ 18.15 Cr
Minimum Investment
₹ 218,400 (2400 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
Icon Facilitators IPO has successfully completed its IPO process and is now listed on BSE SME Platform. According to the Red Herring Prospectus (RHP), the IPO was a book-built issue with a total issue size of ₹18.15 Crore, comprising a fresh issue of 19.94 Lakh equity shares aggregating to ₹18.15 Crore.
The Icon Facilitators IPO remained open for subscription from June 24, 2025, to June 26, 2025. The basis of allotment was finalized on June 27, 2025, and the company's shares were listed on BSE SME Platform on July 01, 2025.
The company had fixed the price band at ₹85 to ₹91 per share, with a lot size of 1200 shares. Retail investors were required to make a minimum investment of ₹218,400 (based on the upper price band) to apply for one lot.
Maashitla Securities Pvt. Limited served as the registrar to the issue. Khambatta Securities Limited acted as the Book Running Lead Managers (BRLMs) to the issue.
With the successful completion of the IPO process, Icon Facilitators Limited is now a publicly listed company on BSE SME Platform. Investors can track the company's share price, trading performance, financial results, and corporate announcements through the stock exchanges.
Icon Facilitators IPO Timeline (Tentative)
- IPO Open Date
- Tue, 24 Jun 25
- IPO Close Date
- Thu, 26 Jun 25
- Basis of Allotment
- Fri, 27 Jun 25
- Initiation of Refunds
- Mon, 30 Jun 25
- Credit of Shares to Demat
- Mon, 30 Jun 25
- Listing Date
- Tue, 01 Jul 25 — NSE & BSE
Open Date
24 June 2025
Close Date
26 June 2025
Basis Of Allotment
27 June 2025
Listing Date
01 July 2025
IPO Subscription
Check Live Subscription →The Icon Facilitators IPO has received bids for 50,77,200 shares against 21,00,000 shares offered, resulting in an overall subscription of 2.42x. the NII category is subscribed 0.93x, Retail Investors 4.1x, and QIBs 2.18x.
QIB
2.18x
NII
0.93x
RII
4.1x
Total
2.42x
IPO Reservations
The Retail Individual Investor (RII) category has the highest allocation with 9,46,800 shares, representing 0% of the total issue. Qualified Institutional Buyers (QIBs) are allocated 1,00,800 shares (0%), while Non-Institutional Investors (NIIs) receive 10,52,400 shares (0%).
| Category | Shares Offered | Shares Offered % |
|---|---|---|
| Qualified Institutions | 100,800 | 0% |
| Non-Institutional | 1,052,400 | 0% |
| Retail Investors | 946,800 | 0% |
| Total | 2,100,000 | 0% |
Financials Details(₹ 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 |
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.
Icon Facilitators Limited KPI Information
| Particular | KPI as of Sun, Mar 31, 2024. |
|---|---|
| ROE % | 35.23 |
| ROCE % | 37.09 |
| Debt / Equity | 0.35 |
| RoNW % | 35.23 |
| Pat Margin % | 7.7 |
Peers Comparison
No Peer Comparision Available
About Icon Facilitators Limited
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.
Icon Facilitators IPO Promoters
- Mr. Dinesh Makhija
- Ms. Pooja Makhija
Promoters Holding
Holding Pre Issue
95.65%
Holding Post Issue
70.09%
Icon Facilitators IPO Objective
The Company Icon Facilitators IPO proposes to utilise the Net Proceeds from the Issue towards the following objects:
- Working Capital Requirement
- General Corporate Purpose
Icon Facilitators Limited Address / Contact Details
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
Icon Facilitators IPO Lot Size
The Icon Facilitators IPO has a lot size of 1,200 shares. Retail investors require a minimum investment of ₹1,09,200 by applying for 1 lot (1,200 shares). The maximum application allowed for the retail category is 1 lots (1,200 shares), requiring an investment of ₹1,09,200.
| 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 |
Issue Reservation
Book Running Lead Managers
- Khambatta Securities Limited
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 Icon Facilitators IPO?
Icon Facilitators IPO is a Book-building IPO with a total issue size of ₹18.15 crore. The Icon Facilitators IPO price band is ₹85 to 91 per share. The Icon Facilitators IPO subscription opens on Tue, Jun 24, 2025, and closes on Thu, Jun 26, 2025. The Icon Facilitators IPO will be listed on the BSE. Maashitla Securities Pvt. Limited is the registrar for the Icon Facilitators IPO.
When will the Icon Facilitators IPO open for subscription?
The Icon Facilitators IPO opens on Tue, Jun 24, 2025 and closes on Thu, Jun 26, 2025
What is Icon Facilitators IPO Price Band?
Icon Facilitators IPO Price Band is ₹85 to 91 per share.
What is Icon Facilitators IPO Lot Size?
Icon Facilitators IPO lot size is 1200 shares, Retail investors need a minimum investment of ₹218400 based on the upper price band
What is the minimum investment for Icon Facilitators IPO?
The minimum investment for Icon Facilitators IPO is ₹218400, based on one lot of 1200 shares at the upper price band of ₹91 per share.
How to apply for Icon Facilitators IPO?
Investors can apply for the Icon Facilitators 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 26, 2025. The application amount remains blocked until the Icon Facilitators IPO allotment is finalized.
What is Icon Facilitators IPO Issue Size?
Icon Facilitators IPO issue size is ₹18.15 crores.
What is the Icon Facilitators IPO Allotment Date?
Icon Facilitators IPO allotment date is Fri, Jun 27, 2025.
Who is the Icon Facilitators IPO Registrar?
The registrar for Icon Facilitators IPO is Maashitla Securities Pvt. Limited. Investors can go to Maashitla Securities Pvt. Limited website to check Icon Facilitators IPO allotment status, refund processing, and other IPO-related information.
What is the Icon Facilitators IPO GMP?
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 5.49% over the issue price.
Who is the Icon Facilitators IPO Lead Manager?
The book-running lead managers (BRLMs) for the Icon Facilitators IPO are Khambatta Securities Limited . 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 Icon Facilitators IPO Red Herring Prospectus (RHP).