IKIO Lighting IPO Details | GMP, Date, Price, Review, Size

IKIO Lighting IPO Details IKIO Lighting IPO GMP, IKIO Lighting IPO Date, IKIO Lighting IPO Price, IKIO Lighting IPO Review, IKIO Lighting IPO Allotment

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IKIO Lighting IPO Details ( IKIO Lighting Limited IPO Review )

(06 June 2023 – 08 June 2023)

Established in 2016, IKIO Lighting Limited emerged as a prominent Indian company specializing in the production of LED lighting solutions. Throughout its impressive seven-year history, the organization has remained dedicated to delivering sustainable and energy-efficient LED products, aligning with India’s aspirations for a greener future.

IKIO offers a diverse range of products that can be classified into several categories. These include LED lighting solutions, Refrigeration lights, ABS (acrylonitrile butadiene styrene) piping, and various other innovative offerings.

The company functions primarily as an Original Design Manufacturer (ODM), specializing in the design, development, manufacturing, and supply of products. These products are then distributed by the customers under their respective brands. Additionally, the company collaborates closely with customers to create, manufacture, and supply products according to their specific design requirements.

The company specializes in high-quality LED lighting solutions, with a particular emphasis on the premium market. Their extensive range encompasses lighting options, fittings, fixtures, accessories, and components. Each product is meticulously designed and crafted to meet the unique needs and expectations of their valued customers.

IKIO Lighting Limited achieved a total revenue of INR 3,339.95 million in the financial year 2022. In the preceding financial year 2021, the company’s revenue amounted to INR 0.72 million, while in 2020, it reached INR 2,218.28 million. These figures reflect the company’s financial performance over the specified periods.

IKIO Lighting Limited Company Product

  1. LED lighting
    • Rechargeable Bulbs
    • Spotlights
    • LED Strip Lights
    • Decorative Lights
    • Rechargeable Lantern
    • LED Driver
    • Downlighter Lights
    • Linear Lights
    • Track Lights
    • RV Lights
  2. ABS piping
  3. Refrigerator LED lighting
  4. Other Products
    • Fan Regulators and Switches
    • LED Spare Parts & Others

IKIO Lighting Limited Key Customers

  1. Signify (Philips)
  2. Western Refrigeration Private Limited
  3. Panasonic Life Solutions India Private Limited
  4. Novateur Electrical & Digital Systems Private Limited

IKIO Lighting Limited IPO Competitive Strength

  • Poised to capture growth of LED market
  • Diverse product basket with focus on high-margin areas
  • Long-term relationships with leading industry customers
  • Strong focus on R&D
  • Established infrastructure with backward integration
  • Strong and consistent financial performance
  • Experienced Promoters and Management Team

IKIO Lighting IPO Financials Performance ( Results )

IKIO Lighting Limited Financial Information ( Proforma Consolidated )

All Amount in ₹ Crores

Period EndedTotal AssetsTotal RevenuePATEPS
Net WorthNAV

Objective of IPO Issue

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

IKIO Lighting IPO Basic Details

IPO DateJune 6, 2023 to June 8, 2023
Listing DateTuesday, June 16, 2023
Face Value₹10 per share
Price₹270 to ₹285 per share
Lot Size52 Shares
Issue Size[.] shares
(aggregating up to ₹607.00 Cr)
Fresh Issue[.] shares
(aggregating up to ₹350.00 Cr)
Offer for Sale9,000,000 shares of ₹10
(aggregating up to ₹257.00 Cr)
Issue TypeBook Built Issue IPO
Listing AtNSE, BSE
Share holding pre issue65,000,000
Share holding post issue
Company PromotersHardeep Singh And Surmeet Kaur

IKIO IPO Reservation

QIB Shares Offered50% of the Offer
NII (HNI) Shares Offered15% of the Offer
Retail Shares Offered35% of the Offer

IKIO Lighting IPO Timetable

IKIO Lighting IPO will open on June 6, 2023 and close on June 8, 2023. You can join IKIO Lighting IPO at 10.00 A.M. to 5.00 p.m. Upto which mandate can be applied.

Opening Date6 June 2023 (Tuesday)
Closing Date8 June 2023 (Thursday)
Basis of Allotment13 June 2023 (Tuesday)
Initiation of Refunds14 June 2023 (Wednesday)
Credit of Shares to Demat15 June 2023 (Thursday)
Listing Date16 June 2023 (Friday)
Deadline for Confirming UPI mandate5 PM on 8 June 2023

IKIO Lighting IPO Lot Size

For retail investors in IKIO Lighting IPO, 52 shares will come in 1 lot or the minimum investment will be ₹14,820. Retail-individual investors can apply for up to 1 lots or the maximum investment will be ₹192,660.

Retail (Min)152₹14,820
Retail (Max)13676₹192,660
S-HNI (Min)14728₹207,480
S-HNI (Max)673,484₹992,940
B-HNI (Min)683,536₹1,007,760

IKIO Lighting IPO Promoter Holding

Pre Issue Share Holding100.00%
Post Issue Share Holding

IKIO Lighting IPO Valuation – FY2022

Earning Per Share (EPS)₹4.31 per Equity Share
Price/Earning P/E RatioComing Soon
Return on Net Worth (RoNW)36.64%
Net Asset Value (NAV)₹11.76 per Equity Share
Upper Price/Book Value (Price/BV) RatioComing Soon

IKIO Lighting Ltd Key Performance Indicator

Market Cap (₹ Cr.)1852.50
P/E (x)Coming Soon
ROE (%)36
ROCE (%)26

IKIO Lighting Ltd Peer Comparison

Company NameConsolidated/
IKIO Lighting
IKIO Lighting
Peer Group
(India) Limited
India Limited
Syrma SGS

IKIO Lighting IPO GMP Live Update, Kostak Rate day by day

DateGMPKostakSubject to
14 June 2023₹92
13 June 2023₹95
12 June 2023₹101
11 June 2023₹100
10 June 2023₹116
9 June 2023₹120
8 June 2023₹126
7 June 2023₹128
6 June 2023₹103
5 June 2023₹95
4 June 2023₹73
3 June 2023₹73
2 June 2023₹50
1 June 2023₹0

IKIO Lighting IPO Detail Video:

IKIO Lighting IPO Subscription Status (Bidding Detail)

The IKIO Lighting IPO on June 8, 2023 at 7:29:00 PM was subscribed 67.75 times, with the retail category being subscribed 14.31 times, the NII (Non-Institutional Investor) category being subscribed 65.38 times and the QIB (Qualified-Institutional Buyers) category being subscribed 163.06 times.


IKIO Lighting IPO Prospectus

IKIO Lighting IPO DRHPDownload
IKIO Lighting IPO RHPDownload

IKIO Lighting IPO Rating

Our Rating3.5/5.0

IKIO Lighting Company Contact Information

IKIO Lighting Limited

Corporate Identity Number: U31401DL2016PLC2928884
Registered Office: 411, Arunachal Building, 19 Barakhamba Road,
Connaught Place, New Delhi – 110 001
Corporate Office: D-234-Sector 63, Noida – 201 301, Uttar Pradesh
Contact Person: Sandeep Kumar Agarwal, Company Secretary and Compliance Officer
Tel: + 91 120 – 4116186
E-mail: secretarial@ikiolighting.com
Website: www.ikio.in
Our Promoters: Hardeep Singh And Surmeet Kaur

IKIO Lighting IPO Registrar

KFin Technologies Limited

Registered Office: Selenium Tower B, Plot 31 & 32, Gachibowli,
Financial District, Nanakramguda, Serilingampally
Hyderabad 500 032, Telangana, India
Telephone: +91 4067162222/18003094001
E-mail: IKIO Lighting.ipo@kfintech.com
Investor Grievance ID: einward.ris@kfintech.com
Website: www.kfintech.com
Contact Person: M Murli Krishna
SEBI Registration Number: INR000000221

IKIO Lighting IPO Lead Manager

Motilal Oswal Investment Advisors Limited

Registered Office: 10th Floor, Motilal Oswal Tower, Rahimtullah,
Sayani Road, Opposite Parel S.T. Depot, Prabhadevi
Mumbai-400025, Maharashtra, India
Telephone: +91 22 7193 4380
E-mail: ikio.ipo@motilaloswal.com
Investor Grievance ID: moiaplredressal@motilaloswalgroup.com
Website: www.motilaloswalgroup.com
Contact Person: Ritu Sharma / Kirti Kanoria
SEBI Registration Number: INM000011005

IKIO Lighting IPO FAQs

What is the lot size of IKIO Lighting IPO?

The total size of IKIO Lighting IPO is 607 crores out of which ₹350 crores is fresh issue and ₹257 crores is offer for sale (OFS).

When will IKIO Lighting IPO start?

IKIO Lighting IPO will open from 06 June 2023 and IPO will close on 08 June 2023.

What is the open date of IKIO Lighting IPO?

IKIO Lighting IPO will open date from 6 June 2023.

What is the last date ( close date ) of IKIO Lighting IPO?

IKIO Lighting IPO will close from 8 June 2023.

What is the price band of IKIO Lighting IPO?

IKIO Lighting IPO price band is ₹270 to ₹285. ( Upper Price Band: ₹285, Lower Price Band: ₹270 )

What is the minimum amount required to apply for IKIO Lighting IPO?

The minimum investment for retailers to apply for IKIO Lighting IPO is ₹14,820 and the maximum investment is ₹192,660.

What is going on gray market premium of IKIO Lighting IPO?

View gray market premium of IKIO Lighting IPO by Clicking Here

How much is the GMP of IKIO Lighting IPO?

Watch IKIO Lighting IPO GMP Today: Click Here

What is the allotment date of IKIO Lighting IPO?

The Allotment Date of IKIO Lighting IPO is 13 June 2023.

How to check allotment status in IKIO Lighting IPO?

To check the allotment status of IKIO Lighting IPO, first of all go to the registrar website by clicking here, select your bad IKIO Lighting IPO name or enter your bad application number, PAN number or client ID and click on submit. ( Video Link )

What is the listing date of IKIO Lighting IPO?

The Listing Date of IKIO Lighting IPO is 16 June 2023.

How much will be the listing gain in IKIO Lighting IPO?

View listing gain of IKIO Lighting IPO by Clicking Here

How much time IKIO Lighting IPO is subscribed?

Total 67.75 times subscribed in IKIO Lighting IPO out of which 14.31 times subscription was done in retail quota, 65.38 times subscription in NII quota and 163.06 times subscription in QIB quota.

How to apply for IKIO Lighting IPO from Upstox?

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How to apply for IKIO Lighting IPO from Zerodha?

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How to apply for IKIO Lighting IPO from Angle One?

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