Ikio Lighting Ltd IPO: Issue Details, Open/Close Date | Research 360 by Motilal Oswal
Back arrow

IKIO Lighting

CMP

300.65

-3.30 (-1.09%)

₹285

Offer Price

₹ 606.50 Cr

Issue Size

₹ 14,820

Min Investment

66.30x

Times Subscribed

52

Lot size

Time Line

  • 06
    Jun 2023
    Open
  • 08
    Jun 2023
    Close
  • 13
    Jun 2023
    Finalisation of Basis of Allotment
  • 14
    Jun 2023
    Initiation of Refunds
  • 15
    Jun 2023
    Transfer of Shares to Demat Account
  • 16
    Jun 2023
    Listing Date

Shares Offered

Number of Times Subscribed

Objects of the Offer

  • Expand into new product lines

  • Expand its manufacturing capacities for its existing and new product lines

  • Diversify its customer base and expand across geographies

  • Continue focus on sustainability through ESG investments

Products & Services

  • 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;

  • Long-term relationships with leading industry customers;

  • Strong focus on R&D;

  • 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-2022 Mar-2023 Mar-2022 3-Yr trend
Revenue 331.84 (55.50%) 358.77 (8.10%) 36.64 (-)
Gross Profit 331.84 (55.50%) 358.77 (8.10%) 36.64 (-)
Net Income 331.84 (55.50%) 358.77 (8.10%) 36.64 (-)
Assets 331.84 (55.50%) 358.77 (8.10%) 36.64 (-)
Liabilities 331.84 (55.50%) 358.77 (8.10%) 36.64 (-)

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

  • No Data Found.

Take your research to the next level.
Login now to unlock Exclusive Features!

Take your research to the next level.
Login now to unlock Exclusive Features!

Download Our App On: