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IKIO LIGHTING LTD. IPO: All You Need To Know

IKIO LIGHTING LTD. IPO was launched on 6-Jun-23. Here is all you need to know about this IPO.

Incorporated in 2016, IKIO Lighting is an Indian manufacturer of light-emitting diode (LED) lighting solutions. In its journey of over seven years, the entity focused on providing sustainability and low-energy LED products to help India meet its sustainability goals. The product portfolio of IKIO can be categorised as LED lighting, refrigeration lights, acrylonitrile butadiene styrene (ABS) piping, and other products. The company is primarily an original design manufacturer (ODM). They design, develop, manufacture, and supply products to customers. Thereon, the customers further distribute the products under their brands. Alongside, they also work with the customers to develop, manufacture and supply products as designed by the customers.

IKIO LIGHTING LTD. IPO Details
Issue Opening Date 6-Jun-23
Issue Closing Date 8-Jun-23
Issue Type OFFERS FOR SALE CUM FRESH CAPITAL
Issue Size (INR bn) 6.1
Fresh Issue (No.of shares) 12,280,701
Offer for Sale (No.of shares) 9,000,000
Face Value (INR) 10.00
IPO Price Band (INR) 270 to 285
Market Lot (No.of shares) 52
Min Order Quantity 52
Listing At BSE / NSE
Pricing Method BOOKBUILDING
Year of Incorporation 2016
Industry ELECTRIC LAMPS & ACCESSORIES
Total Issue Size (No.of shares) 21,280,701
Objects Of Issue REPAYMENT/ PREPAYMENT, IN FULL OR PART, OF CERTAIN BORROWINGS AND ITS SUBSIDIARIES ON CONSOLIDATED BASIS #INVESTMENT IN WHOLLY OWNED SUBSIDIARY, IKIO SOLUTIONS PRIVATE LIMITED, FOR SETTING UP A NEW FACILITY AT NOIDA, UTTAR PRADESH #GENERAL CORPORATE PURPOSES #OFFER RELATED EXPENSES IN RELATION TO THE FRESH ISSUE
Registrar Details KFIN TECHNOLOGIES LTD.
IKIO LIGHTING LTD. IPO Timetable
Bid/Offer Launch Date 6-Jun-23
Bid/Offer Close Date 8-Jun-23
Basis of Allotment Finalization Date -
Initiation of Refunds -
Credit of Shares to Demat Account -
Listing Date 16-Jun-23
IKIO LIGHTING LTD. IPO Shares Offered
Category Shares Offered
QIB 10,640,349
HNI 3,192,106
Retail 7,448,246
Employee -
Others -
Total 21,280,701
IKIO LIGHTING LTD. IPO Promoter Holding
Pre Issue Share Holding 100%
Post Issue Share Holding 72%
IKIO LIGHTING LTD. Overall Subscription details (Times subscribed)
Category Subscription Status
QIB 66.57
HNI 61.16
Retail 13.77
Employee -
Others -
Total 47.28
IKIO LIGHTING LTD. Date wise Subscription
Date QIB HNI Retail Employee Mutual Funds Others Total
Day 1 (6-Jun-23) 0.32 3.06 1.69 - - - 1.41
Day 2 (7-Jun-23) 1.44 16.51 6.11 - - - 5.19
Day 3 (8-Jun-23) 165.39 65.38 14.31 - 118.89 - 47.73
IKIO LIGHTING LTD. Financials
Year Ending - 31-Mar-21 31-Mar-22
Total Income (Rs m) - 1,600.40 2,207.20
Total Expenditure (Rs m) - 1,324.00 1,827.30
Net Profit After Tax (Rs m) - 205.80 -
Company Address 411,ARUNACHAL BUILDING, 19,BARAKHAMBA ROAD, CONNAUGHT PLACE, NEW DELHI 110001, DELHI
IKIO LIGHTING LTD. IPO Prospectus
DRHP
RHP

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Data Sourced from:

primedatabase.com is India's first and still the only database dedicated to the primary capital market. Started in 1989, Prime
continues to be the single source of comprehensive information on all capital market offerings.


Have A Question On IKIO LIGHTING LTD. IPO?

When IKIO LIGHTING LTD. IPO will open?

Below is the schedule for the same:

IKIO LIGHTING LTD. IPO

IPO opens on: 6-Jun-23

IPO closes on: 8-Jun-23

What is the lot size of IKIO LIGHTING LTD. IPO?

The lot size of IKIO LIGHTING LTD. IPO is 52 shares. Investors will need to apply for a minimum order of 52 shares and in multiples thereof.

How to apply for IKIO LIGHTING LTD. IPO?

An investor can apply in IKIO LIGHTING LTD. IPO online using either UPI or Application Supported by Blocked Amount (ASBA) as payment method.

While ASBA IPO application is available in the net banking section, UPI IPO application is offered by brokers who don't offer banking services.

When is IKIO LIGHTING LTD. IPO allotment?

The tentative finalization of basis of allotment for IKIO LIGHTING LTD. IPO will be done on -, and the allotted shares will be credited to your demat account by -.

When is IKIO LIGHTING LTD. IPO listing date?

The tentative listing date of IKIO LIGHTING LTD. IPO is scheduled for 16-Jun-23.

Where are the IKIO LIGHTING LTD. shares supposed to be listed?

Shares of IKIO LIGHTING LTD. are expected to list on BSE / NSE.

What is Face value of IKIO LIGHTING LTD. IPO?

At present, one share of IKIO LIGHTING LTD. has a face value of Rs 10.00.

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PLEASE NOTE:
The information in the web site has been compiled from sources we believe to to be reliable, but we do not hold ourselves responsible for its completeness or accuracy. This is not an offer to sell or a solicitation to buy any securities. Investors are advised to read the offer document before making an investment decision.