MainboardGMP
LIVE
LIVE GMP
Watrana Rentals Ltd₹0·Crystal Crop Protection Ltd₹+45·Vedant Poly Fabs Ltd₹0·Johnsoncab Electricals Ltd₹+5·HGS (India) Ltd₹+38·Vectras Enprocon Ltd₹0·Maxwell Engineering Solutions Ltd₹+82·Antala Industries Ltd₹0·Bombay Coated & Special Steels Ltd₹+8·Carver Roboweld Ltd₹0·Ajwa Projects Ltd₹0·M.K.Sons Fine Jewels Ltd₹+3·Watrana Rentals Ltd₹0·Crystal Crop Protection Ltd₹+45·Vedant Poly Fabs Ltd₹0·Johnsoncab Electricals Ltd₹+5·HGS (India) Ltd₹+38·Vectras Enprocon Ltd₹0·Maxwell Engineering Solutions Ltd₹+82·Antala Industries Ltd₹0·Bombay Coated & Special Steels Ltd₹+8·Carver Roboweld Ltd₹0·Ajwa Projects Ltd₹0·M.K.Sons Fine Jewels Ltd₹+3·
Home › IPOs › IKIO Lighting Ltd.
IK
IKIO Lighting Ltd.
CLOSED NSE & BSE Bookbuilding IPO Fresh Capital-cum-Offer for Sale IKIO Lighting IPO GMP
GREY MARKET PREMIUM
₹ 0
No premium data
EST. LISTING PRICE
₹285
Issue Price: ₹ 285
Issue Price
₹285
Face Value
₹10
Lot Size
52 shares
Open Date
06 Jun 2023
Close Date
08 Jun 2023
Allotment
13 Jun 2023
Listing Date
16 Jun 2023
Exchange
NSE & BSE
IKIO Lighting IPO About the Company

Incorporated in 2016, 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 and 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.

...read more
IKIO Lighting IPO Objects of the Issue
Purpose Amount (₹ Cr)
1 Repayment/ prepayment, in full or part, of certain borrowings availed by the Company and its Subsidiaries on consolidated basis; ₹50
2 Investment in our wholly owned Subsidiary, IKIO Solutions Private Limited, for setting up a new facility at Noida, Uttar Pradesh; and ₹212
3 General corporate purposes. ₹67
IKIO Lighting IPO Lead Managers
Motilal Oswal Investment Advisors Ltd.
Financial Summary Amount in Crore
Metric 31-Mar-20 31-Mar-21 31-Mar-22
Total Assets 145 174 265
Revenue 222 215 334
PAT 21 29 51
Net Worth 36 63 109
Total Borrowing 47 69 107
IKIO Lighting IPO Key Financial Ratios
ROE
36
ROCE
26
RONW
36
Debt/Equity
1
Issue Details
Total Shares Offered
21,280,701 (100%)
Post-Issue Shareholding
77,280,701 shares
UPI Mandate
08 Jun 2023
IPO Analytics Dashboard
LIVE
IKIO Lighting IPO GMP Insights
👤
Retail Demand
Good
💼
HNI Interest
Good
🏦
QIB Demand
Strong
📊
Valuation
Moderate
IKIO Lighting IPO GMP Strength Score
7 / 10 Good
0–3 Weak 3–6 Moderate 6–8 Good 8–10 Strong
IKIO Lighting IPO Category-wise Subscription Shares offered, bid & amount
Category Sub (x) Offered Bid For
🏦 QIB — 10,640,349 (50%) —
💼 NII / HNI — 3,192,106 (15%) —
👤 Retail (RII) — 7,448,246 (35%) —
Σ Total — 21,280,701 (100%) —

* Amount calculated at upper price band (₹285) ·  ** Total includes all investor categories

Subscription Overview Share allocation by investor category
🏦
QIB ? 10,640,349 (50%)
50%
💼
NII / HNI ? 3,192,106 (15%)
15%
👤
Retail (RII) ? 7,448,246 (35%)
35%
Total Shares Offered 21,280,701 (100%)
IKIO Lighting IPO Application Sizing Minimum investment by category
👤 Retail Investors ?
Min. Lots 1
Shares / Lot 52
Min. Investment ₹14,820
💼 HNI Investors ?
Min. Lots 14
Min. Shares 728
Min. Investment ₹207,480
🏛️ bHNI (>₹10L) ?
Min. Lots 68
Min. Shares 3,536
Min. Investment ₹1,007,760
IKIO Lighting IPO Valuation — EPS & P/E Pre & post-issue metrics
Pre-Issue EPS ?
₹ 8
Pre-Issue P/E ?
32 x
IKIO Lighting IPO Timeline & Key Dates
  1. 1 💳 Initiation of Refund 14 Jun 2023
  2. 2 📂 Credit of Shares to Demat 15 Jun 2023
  3. 3 🔒 Lock-in Period (30%) July 13, 2023
  4. 4 🔒 Lock-in Period (50%) September 11, 2023
Investor Interpretation
  • Retail allocation is good at 35% of the total offering.
  • HNI/NII demand is good at 15%.
  • Institutional (QIB) interest is strong at 50%.
  • The IPO P/E of 32x reflects a moderate valuation relative to typical market ranges.
  • Pre-issue EPS of ₹8.

This IPO shows moderate investor interest. Review financial details and compare valuation with industry peers before investing.

STOCK PRICE HISTORY  ·  NSE
—
Issue Price: ₹ 285  ·  Symbol: —
H —
L —
O —
IKIO Lighting IPO Company Info
📍 411, Arunachal Building, 19 Barakhamba Road, Connaught Place, New Delhi – 110 001 New Delhi, New Delhi
Visit Website
IKIO Lighting IPO Registrar
Kfin Technologies Ltd.
Check Allotment Status
IKIO Lighting IPO FAQs
IKIO Lighting IPO has already listed. Its last recorded GMP was ₹0. GMP is only indicative and never a guarantee of listing gains.
The issue price of IKIO Lighting IPO is ₹285 per share. One lot has 52 shares, so the minimum investment is about ₹14,820. It is a Fresh Capital-cum-Offer for Sale issue.
IKIO Lighting IPO opened on 06 Jun 2023 and closed on 08 Jun 2023. Allotment is tentatively finalised on 13 Jun 2023. Shares are listed on NSE & BSE on 16 Jun 2023.
Incorporated in 2016, 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.
As per the offer document, IKIO Lighting plans to use the IPO proceeds for: 1 Repayment/ prepayment, in full or part, of certain borrowings availed by the Company and its Subsidiaries on consolidated basis; (₹50); 2 Investment in our wholly owned Subsidiary, IKIO Solutions Private Limited, for setting up a new facility at Noida, Uttar Pradesh; and (₹212); 3 General corporate purposes. (₹67).
The lead manager of IKIO Lighting IPO is Motilal Oswal Investment Advisors Ltd..
IKIO Lighting IPO is proposed to list on NSE & BSE; it is a Bookbuilding IPO and the issue is a Fresh Capital-cum-Offer for Sale.
Disclaimer

The information on mainboardgmp.com is provided for educational and informational purposes only.

We are not a Securities and Exchange Board of India (SEBI)-registered investment advisor, analyst, broker, or financial planner. The content, data, and insights on this website, including Grey Market Premium (GMP), subscription data, IPO dates, and market information, are not intended as financial advice or recommendations to buy, sell, or hold securities.

GMP and related IPO data are collected from unofficial market sources and may not reflect actual IPO listing performance or future price movements. You should not rely solely on the information provided here to make financial or investment decisions.

Investing in IPOs and securities involves risk. Always conduct your own research and consult a qualified SEBI-registered financial advisor before making investment decisions. mainboardgmp.com and its owners shall not be liable for any financial losses, trading losses, or damages arising from use of this website.

By using this website, you acknowledge and agree that you use the content at your own risk.