The IPO date for IKIO Lighting has been set, the IPO will begin on June 6 and close on June 8, 2023. IKIO Lighting IPO will generate about 606.5 crores through an IPO that involves a new issue of 350 crores and an offer for the sale of up to 9,000,000 equity shares of 10 apiece. The retail quota is 35%, the QIB quota is 50%, and the HNI quota is 15%.
IKIO Lighting Limited is an important ODM manufacturer and end-to-end solution supplier in India for LED lighting, switches, and RV components. They are global manufacturers and solution providers of Lighting, Energy-efficient Products, and Hardware Components. IKIO Lighting Limited is a manufacturer and an all-inclusive supplier of LED lighting, electronics, refrigeration lighting, hardware, and RV components. ISO 9001, ISO 14001, ISO 18001, and OHSAS are among the certifications held by IKIO Lighting. IKIO Lighting Limited offers a wide range of products and has created solutions for
commercial, industrial, and residential applications. They are an ODM lighting, hardware, and component solutions provider with clients in India and the United States. Frost & Sullivan predicts that in Fiscal 2022, had a 50% market share in India’s functional decorative lighting category (including LED spotlights, LED downlights, and cove lights) and a 10% market share in India’s true-blue decorative lighting segment (including chandeliers, wall lights, pendants, and outdoor lights). (F&S Report, September 20, 2022). Customers include Signify Innovations India Limited and the former Philips Electronics India Limited (“Signify (Philips)”).
Specific objectives of the 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 Review (Apply or Not)
- To be updated soon
Brokerage Firm IPO Review
- Capital Market: To be updated soon
- Religare Broking: To be updated soon
- Hem Securities: To be updated soon
- Arihant Capital: To be updated soon
IKIO Lighting IPO GMP, Date & Price Band Details
| IPO Open: | June 6, 2023 |
| IPO Close: | June 8, 2023 |
| IPO Size: | Approx ₹606.50 Crores |
| Fresh Issue: | Approx ₹350 Crores |
| Offer for Sale: | Approx 90,00,000 Equity Shares |
| Face Value: | ₹10 Per Equity Share |
| IPO Price Band: | ₹270 to ₹285 Per Share |
| IPO Listing on: | BSE & NSE |
| Retail Quota: | 35% |
| QIB Quota: | 50% |
| NII Quota: | 15% |
| Discount: | N/A |
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
| Anchor Investors List: | Click Here |
IKIO Lighting IPO Market Lot
The IKIO Lighting IPO minimum market lot is 52 shares with ₹14,820 application amount. The retail investors can apply up-to 13 lots with 676 shares or ₹192,660 amount.
| Application | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 1 | 52 | ₹14,820 |
| Retail Maximum | 13 | 676 | ₹192,660 |
| S-HNI Minimum | 14 | 728 | ₹207,480 |
| B-HNI Minimum | 68 | 3536 | ₹10,07,760 |
IKIO Lighting IPO Allotment & Listing Dates
The IKIO Lighting IPO date is June 6 and the close date is June 8. The IKIO Lighting IPO allotment will be finalized on June 13 and the IPO listing on June 16.
| Price Band Announcement: | May 31, 2023 |
| Anchor Investors Allotment: | June 5, 2023 |
| IPO Open Date: | June 6, 2023 |
| IPO Close Date: | June 8, 2023 |
| Basis of Allotment: | June 13, 2023 |
| Refunds: | June 14, 2023 |
| Credit to Demat Account: | June 15, 2023 |
| IPO Listing Date: | June 16, 2023 |
IKIO Lighting IPO Form
How to apply for the IKIO Lighting IPO? You can apply for IKIO Lighting IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the IKIO Lighting IPO in the Invest section. The other option is you can apply for IKIO Lighting IPO via IPO forms downloaded via NSE and BSE. Check out the IKIO Lighting forms – Click BSE Forms & NSE Forms blank IPO forms download, fill, and submit in your bank or with your broker.
IKIO Lighting Company Financial Report
| ₹ in Crores | |||
| Year | Revenue | Expense | PAT |
| 2020 | ₹220 | ₹192 | ₹21.41 |
| 2021 | ₹213 | ₹175 | ₹28.81 |
| 2022 | ₹332 | ₹265 | ₹50.52 |
| 2023 9M | ₹329 | ₹264 | ₹51.35 |
IKIO Lighting IPO Valuation – FY2022
Check IKIO Lighting IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| Earning Per Share (EPS): | ₹7.77 per Equity Share |
| Price/Earning P/E Ratio: | N/A |
| Return on Net Worth (RoNW): | 46.40% |
| Net Asset Value (NAV): | ₹16.75 per Equity Share |
Peer Group
- Dixon Technologies (India) Limited
- Amber Enterprises India Limited
- Syrma SGS Technology Limited
- Elin Electronics Limited
Company Promoters
- Hardeep Singh
- Surmeet Kaur
IKIO Lighting IPO Registrar
Kfin Technologies Limited
Phone: 04067162222, 04079611000
Email: ikiolighting.ipo@kfintech.com
Website: https://karisma.kfintech.com
Company Address
IKIO Lighting Limited
411, Arunachal Building,
19 Barakhamba Road, Connaught Place,
New Delhi – 110 001
Phone: +91 120 – 4116186
Email: secretarial@ikiolighting.com
Website: http://www.ikio.in
IKIO Lighting IPO Lead Managers aka Merchant Bankers
- Motilal Oswal Investment Advisors Limited
IKIO Lighting IPO FAQs
Q1. What is IKIO Lighting IPO?
Ans. IKIO Lighting IPO is a main-board IPO. They are going to raise ₹606.50 Crores via IPO. The issue is priced at ₹270 to ₹285 pr equity share. The IPO is to be listed on BSE & NSE.
Q2. When IKIO Lighting IPO will open?
Ans. The IPO is to open on June 6, 2023 for QIB, NII, and Retail Investors.
Q3. What is IKIO Lighting IPO Investors Portion?
Ans. The investors’ portion for QIB is 50%, NII is 15%, and Retail is 35%.
Q4. How to Apply the IKIO Lighting IPO?
Ans. You can apply for IKIO Lighting IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.
Q5. How to Apply the IKIO Lighting IPO through Zerodha?
Ans. Log in to Console in Zerodha Website or in Application. Go to Portfolio and Click on IPO. You will see the IPO Name “IKIO Lighting”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Zerodha.
Q6. How to Apply the IKIO Lighting IPO through Upstox?
Ans. Log in to the Upstox Application with your credentials. Select the IPO. You will see the IPO Name “IKIO Lighting”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox.
Q7. How to Apply the IKIO Lighting IPO through Paytm Money?
Ans. Log in to Paytm Money Application with your credentials. Select the IPO. You will see the IPO Name “IKIO Lighting”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Paytm Money.
Q8. What is IKIO Lighting IPO Size?
Ans. IKIO Lighting IPO size is ₹606.50 crores.
Q9. What is IKIO Lighting IPO Price Band?
Ans. IKIO Lighting IPO Price Band is ₹270 to ₹285.
Q10. What is IKIO Lighting IPO Minimum and Maximum Lot Size?
Ans. The minimum bid is 52 Shares with ₹14820 amount while the maximum bid is 676 shares with ₹192,660.
Q11. What is the IKIO Lighting IPO Allotment Date?
Ans. IKIO Lighting IPO allotment date is June 13, 2023.
Q12. What is the IKIO Lighting IPO Listing Date?
Ans. IKIO Lighting IPO listing date is June 16, 2023. The IPO is to list on BSE and NSE.
