IKIO Lighting Limited IPO Detail

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In its website and ist RHP of IKIO Lighting Limited IPO, it is mentioned that the company is incorporated in 2016 and this IKIO Lighting Limited is an Indian manufacturer of light-emitting diode (LED) providing 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 main product portfolio of IKIO can be categorized as LED lighting, Refrigeration lights, ABS (acrylonitrile butadiene styrene) piping and other products.

The company is primarily an Original Design Manufacturer (ODM) which is a great advantage for the company. They design, develop, manufacture and supply products to customers. Thereon, the customers further distribute the products under their own brands. Alongside, they also work with the customers to develop, manufacture and supply products as designed by the customers.


IKIO have four manufacturing facilities, which enable accessibility for customers looking for procurement of lighting products, hardware & components.

Details of IKIO Lighting IPO

IPO DateJun 6, 2023 to Jun 8, 2023
Listing Date[.]
Face Value₹10 per share
Price₹270 to ₹285 per share
Lot Size52 Shares
Total Issue Size[.] shares
(aggregating up to ₹607.00 Cr)
Fresh Issue ( Money raised will be credited to compnay account )[.] shares
(aggregating up to ₹350.00 Cr)
Offer for Sale ( Money raised will be given to promoter who sold their holding )9,000,000 shares of ₹10
(aggregating up to ₹[.] Cr)
Issue TypeBook Built Issue IPO
Listing AtBSE, NSE
Share holding pre issue65,000,000

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% of share reservation of IKIO Lighting

As per SEBI , when Company filed RHP and the if the last three financial year , if the company remains in profit then , retail portion reservation goes upto 35% otherwise it is remains in 15 %.

QIB Shares OfferedNot more than 50% of the Net Issue
NII (HNI) Shares OfferedNot less than 15% of the Net Issue
Retail Shares OfferedNot less than 35% of the Net Issue

Time and Information of IKIO Lighting IPO

IKIO Lighting IPO opens on Jun 6, 2023, and closes on Jun 8, 2023.

EventTentative Date
Opening DateTuesday, 6 June 2023
Closing DateThursday, 8 June 2023
Basis of AllotmentTuesday, 13 June 2023
Initiation of RefundsWednesday, 14 June 2023
Credit of Shares to DematThursday, 15 June 2023
Listing DateFriday, 16 June 2023
Cut-off time for UPI mandate confirmation5 PM on Jun 8, 2023

IKIO Lighting IPO Lot Size for Retail ( Max and Mini )

The IKIO Lighting IPO lot size is 52 shares.

Retail (Min)152₹14,820
Retail (Max)13676₹192,660

IKIO Lighting IPO Promoter Holding

Hardeep Singh and Surmeet Kaur are the Promoters of the company.

Pre Issue Share Holding100.00%
Post Issue Share HoldingWill be updated later

Company Financials for the last three years

Period EndedTotal AssetsTotal RevenueProfit After TaxNet WorthTotal Borrowing
Amount in ₹ Crore

Key Performance Indicator

ROE36 ( It is good , if it is above 15 , then it is considered good )
ROCE26 ( It is good , if it is above 20 , then it is considered good )
Debt/Equity1.03 ( It seems High , means risky , need careful observation in future , it is good below 0.5 )
EPS (Rs)7.9
RoNW (%)36.46 ( It is good )

Objects of the Issue

The Company proposes to utilize the Net Proceeds towards funding the following objects:

  1. Repayment/ prepayment, in full or part, of certain borrowings availed by the Company and its Subsidiaries on a consolidated basis
  2. Investment in the wholly owned Subsidiary, IKIO Solutions Private Limited, for setting up a new facility at Noida, Uttar Pradesh
  3. General corporate purposes
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