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Icon Facilitators IPO Details

24 June - 26 June 2025 Closed
SME BSE

The Icon Facilitators IPO is a book build issue with a total issue size of ₹18.15 cr, comprising of fresh issue of 1994400 equity shares. Icon Facilitators IPO opened for subscription on Jun 24, 2025 and closed on Jun 26, 2025. Icon Facilitators IPO is set price band at ₹85 to ₹91 per share, with a lot size of 1200 shares. Minimum investment for Retail investors was ₹218,400.00 (at the upper price band) to apply for one lot.

The basis of allotment got finalized on Jun 27, 2025, and listed on both the NSE and BSE on Jul 01, 2025.

Maashitla Securities Pvt. Limited has been appointed as the registrar. **Khambatta Securities Limited ** are the Book Running Lead Manager for the issue.

Before investing in the Icon Facilitators IPO, investors should review the company's financial performance, business objectives, and risk factors mentioned in the offer documents and apply before the subscription window closes.

Price Band
₹ 85 – 91
Lot Size
1200
Issue Size
₹18.15 Cr
Minimum Investment
₹218400 (2400 Shares)
Listing Date
01 July 2025

Current GMP

₹13 (+14.29%)

Open Date 24 June, 2025
Close Date 26 June, 2025
Market Cap -
Industry
Sector
Subscription 2.42x

*Info is indicative. Not an Investment Advice. Grey market trading is unregulated.

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

  1. Mr. Dinesh Makhija
  2. 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:

  1. Working Capital Requirement
  2. 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

Face Value₹10 per share
Price Band₹ 85 – 91
Lot Size1200
Issue TypeBook-building IPO
Sale Type
Fresh Issue₹ 18.15 Cr
Offer for Sale₹ 0.00 Cr
Total Issue Size₹ 18.15 Cr
Listing AtBSE
Industry
Sector
QIB Quota0%
Retail Quota0%

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 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.

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 per share.

Icon Facilitators IPO lot size is 1200 shares, Retail investors need a minimum investment of ₹218400 based on the upper price band

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.

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.

Icon Facilitators IPO issue size is ₹18.15 crores.

Icon Facilitators IPO allotment date is Wed, Jul 1, 2026.

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.

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 0% over the issue price.