Ikio Lighting Limited IPO

Mainboard

Consumer Electronics

Listed On: Jun 16, 2023 at ₹ 392.50(NSE)

₹ 14820 /52 Shares

Check Allotment

Price Summary

Last Closing

254.40 (-10.74%)

52 Week High

363.95

52 Week Low

245.45

Last Update

22-Nov-2024 3:30 PM

Ikio Lighting Limited IPO Details

06 Jun, 2023

Open Date

08 Jun, 2023

Close Date

13 Jun, 2023

Allotment Date

16 Jun, 2023

Listing Date

Issue Price

270-285 per equity share

Face Value

₹10 Per Equity Share

Listing at Group

BSE, NSE

Registrar

Kfin Technologies Limited

List Price

392.50(NSE)

Listing Date

2023-06-16

Market Lot

Retail : 52 Shares (₹14,820/-)
sHNI : 728 Shares (₹2,07,480/-)
bHNI : 3,536 Shares (₹10,07,760/-)

Lead Manager

Motilal Oswal Investment Advisors Pvt Ltd

Issue Size

Total ₹606.5 Cr : #Fresh Issue : [.] shares(aggregating up to ₹350.00 Cr) +
#OFS : 9,000,000 shares of ₹10(aggregating up to ₹[.] Cr)

Retail Portion

35% (Number of Retail Applications : 1,43,235 Approx),
(Number of sHNI Applications : 1,460 Approx),
(Number of bHNI Applications : 2,920 Approx)

Subscription

66.29 times

IPO Docs

DRHP RHP

Ikio Lighting Limited IPO Subscription Details

As on	QIB	NII bNII sNII	Retail	Total
Shares Offered / Reserved	4,256,140	3,192,107 2,128,071 1,064,036	7,448,246	14,896,493
Day 1 - 06-06-23 05:00 PM	0.30 x	2.96 2.32 x 4.25 x	1.64 x	1.55 x
Day 2 - 07-06-23 05:00 PM	1.37 x	15.99 14.04 x 19.89 x	5.92 x	6.83 x
Day 3 - 08-06-23 05:00 PM	163.58 x	63.35 66.87 x 56.32 x	13.86 x	66.29 x

Total No. of Applications: 16,33,770 (Approx)

Ikio Lighting Limited Valuations

Earnings Per Share (EPS)

₹7.9/-

P/E Ratio

N/A

RoNW

36.46%

Net Asset Value (NAV)

₹19.48

Ikio Lighting Limited Company Financials All values are in ₹ Cr.

	31-Dec-22	31-Mar-22	31-Mar-21	31-Mar-20
Assets	321.29	112.61	74.10	50.98
Revenue	243.18	220.72	160.04	140.73
Profit After Tax	34.58	28.01	20.58	15.99

About The Company

IKIO Lighting Limited 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 categorized as
LED lighting
Refrigeration lights
ABS (acrylonitrile butadiene styrene) piping
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 own brands. Alongside, they also work with the customers to develop, manufacture and supply products as designed by the customers.

The company's LED lighting offerings focus on the premium segment and include lighting, fittings, fixtures, accessories, and components. The products are designed and created to cater to the distinct requirements and expectations of the customers.

The total revenue of IKIO Lighting Limited in the preceding financial years 2022, 2021, and 2020 was 3,339.95 million, .72 million, and 2,218.28 million, respectively.

	P/B Ratio	P/E Ratio	RoNW	Net Worth
Ikio Lighting	14.6	78.6	36.6%	221
Elin Electronics	1.6	25.6	7.3%	1,075
Dixon Tech	18.4	92.8	22.4%	12,192
Amber Ent.	3.9	47.3	8.63%	6,570
Syrma SGS	4.4	57.4	11.3%	2,048

Ikio Lighting Limited - Promoter(s)

Pre Issue Share Holding: 100%

Post Issue Share Holding: 72.46%

Company Promoter(s)

Hardeep Singh
Surmeet Kaur

Ikio Lighting Limited IPO - Issue Objectives

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 Limited IPO - Anchor Investors

IKIO Lighting raises Rs 181.95 crore via anchor book ahead of IPO.

Total 16 anchor investors invested in the company including HDFC Mutual Fund, ICICI Prudential, Goldman Sachs, Quant Mutual Fund, Malabar India Fund, Mirae Asset India, Rohdea Master Fund, Motilal Oswal Select Opportunities Fund, Cohesion MK Best Ideas, Citigroup, and Societe Generale.

Ikio Lighting Limited IPO - FAQs

Ans. Ikio Lighting Limited IPO is a Mainboard IPO. The issue is priced at 270-285 per equity share. The minimum order quantity is 52 Shares. The IPO opens on Jun 6, 2023, and closes on Jun 8, 2023. Kfin Technologies Limited is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.

Ans. The Ikio Lighting Limited IPO opens on Jun 6, 2023 and closes on Jun 8, 2023.

Ans. The size of Ikio Lighting Limited IPO is Total ₹606.5 Cr : #Fresh Issue : [.] shares(aggregating up to ₹350.00 Cr) + #OFS : 9,000,000 shares of ₹10(aggregating up to ₹[.] Cr).

Ans. The IPO price band is set between 270-285 per equity share.

Ans. To apply for Ikio Lighting Limited IPO IPO, follow the steps given below:

- Open the IPO Ji App or Website
- Find Ikio Lighting Limited IPO in the List of IPOs
- Press "Apply" Button
- Select Your Demat Account
- Select Your Shares Quantity and Submit
- Track Your IPO Status

Ans. The share allotment date of Ikio Lighting Limited IPO is Jun 13, 2023.

Ans. The Ikio Lighting Limited IPO will be listed on Jun 16, 2023.

Ans. Follow the steps to check the allotment status for Ikio Lighting Limited IPO here.