Ikio Lighting Ltd IPO
CMP
261.60
-2.35 (-0.89%)
₹285
Offer Price
₹ 606.50 Cr
Issue Size
₹ 14,820
Min Investment
66.30x
Times Subscribed
52
Lot size
Time Line
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06Jun 2023Open
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08Jun 2023Close
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13Jun 2023Finalisation of Basis of Allotment
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14Jun 2023Initiation of Refunds
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15Jun 2023Transfer of Shares to Demat Account
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16Jun 2023Listing Date
Shares Offered
Number of Times Subscribed
Day 3
08 Jun 2023
66.30x
QIB
163.58
NIB
63.35
Retail
13.86
Employee
0.00
Day 2
07 Jun 2023
6.83x
QIB
1.37
NIB
15.99
Retail
5.92
Employee
0.00
Day 1
06 Jun 2023
1.55x
QIB
0.30
NIB
2.97
Retail
1.64
Employee
0.00
Objects of the Offer
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Expand into new product lines
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Expand its manufacturing capacities for its existing and new product lines
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Diversify its customer base and expand across geographies
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Continue focus on sustainability through ESG investments
Products & Services
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The Company is an Indian manufacturer of light emitting diode ("LED") lighting solutions. It is focused on sustainability and providing low energy LED products to help India meet its sustainability goals.
Strengths
-
Poised to capture growth of LED market;
-
Diverse product basket with focus on high-margin areas;
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Long-term relationships with leading industry customers;
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Strong focus on R&D;
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Established infrastructure with backward integration;
Company Promoters
Promoters Holding
Issue For IPO
100.00%
Pre Holding
100.00%
Post Holding
-
Top Promoters Holding
Financials
All values in Cr
| Mar-2021 | Mar-2022 | Mar-2023 | 3-Yr trend | |
|---|---|---|---|---|
| Revenue | 213.45 (-3.10%) | 331.84 (55.50%) | 358.77 (8.10%) | |
| Gross Profit | 44.57 (30.10%) | 74.55 (67.30%) | 71.61 (-3.90%) | |
| Net Income | 28.81 (34.60%) | 50.52 (75.40%) | 50.04 (-1.00%) | |
| Assets | 143.66 (53.30%) | 226.77 (57.90%) | 267.26 (17.90%) | |
| Liabilities | 82.80 (38.70%) | 119.90 (44.80%) | 125.10 (4.30%) |
Peers
| Company Name | Revenue (Cr) | Net Profit (Cr) | Assets (Cr) | Liabilities (Cr) | ROE | EPS | BVPS | Current Ratio | Debt to Assets |
|---|---|---|---|---|---|---|---|---|---|
| IKIO Lighting Ltd | 219.90 | 28.01 | 93.39 | 16.95 | 36.64 | 0.00 | 30.58 | 4.90 | 0.17 |
| Dixon Technologies (India) Ltd | 10,697.08 | 190.17 | 4,277.17 | 4,277.17 | 19.07 | 32.00 | 168.04 | 4.44 | 0.46 |
| Amber Enterprises India Ltd | 4,206.40 | 109.19 | 4,912.46 | 4,912.46 | 6.29 | 32.41 | 526.17 | 2.22 | 0.59 |
| Syrma SGS Technology Ltd | 1,019.72 | 55.54 | 1,154.21 | 1,154.21 | 9.70 | 4.94 | 42.36 | 4.81 | 0.34 |
| Elin Electronics Ltd | 1,093.75 | 39.18 | 532.66 | 532.66 | 12.92 | 9.59 | 74.22 | 7.35 | 0.34 |
Book Running Managers
- Motilal Oswal Investment Advisors Ltd
Registrar & Transfer Agent
KFin Techologies Ltd
Karvy Selenium Tow-B,31&32 Financial Dist,
Nanakramguda - Hyderabad-500032 Phone : 91-40-67162222 Fax: 91-40-23001153/23420814
Company Contact Information
411 Arunachal Building,19 Barakhamba Road Conna.Place,
New Delhi - 110001 Phone : 91-120-4116186 Email : secretarial@ikiolighting.com www.ikio.in
Offer Related Information
Initial public offering of 21,280,701^ equity shares of face value of Rs. 10 each ("Equity Shares") of the company for cash at a price of Rs. 285 per equity share (including a share premium of Rs. 275 per equity share) ("Offer Price") aggregating to Rs. 606.50 crores^ (the "Offer") comprising a fresh issue of 12,280,701^ equity shares aggregating to Rs. 350.00 crores^ by the company (the "Fresh Issue") and an offer for sale of 9,000,000^ equity shares (the "Offered Shares") aggregating to Rs.... More
News
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No Data Found.
Ikio Lighting Ltd IPO FAQ's
The shares of IKIO Lighting were first listed on the stock exchanges on June 26, 2024.
The total issue size of the IKIO Lighting IPO was 1,10,00,000 shares, amounting to Rs. 132 crore. they
The minimum lot size for IKIO Lighting public issue was 125 shares.
The price band of the IPO of IKIO Lighting was Rs. 114 to Rs. 120 per equity share.
IKIO Lighting IPO is a public issue through which the company raised approximately Rs. 132 crore by issuing around 1.1 crore equity shares to the public. After a successful IPO, the company’s shares are currently listed on the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE), where they are freely traded without restrictions.
Bigshare Services Private Limited is the registrar and share transfer agent of IKIO Lighting IPO.
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