IKIO Lighting IPO description – The company is a manufacturer of light emitting diode (LED) lighting solutions. It is primarily an original design manufacturer (ODM) and design, develop, manufacture and supply products to customers who then further distribute these products under their own brands. IKIO Lighting’s products are categorised as (i) LED lighting; (ii) refrigeration lights; (iii) ABS (acrylonitrile butadiene styrene) piping; and (iv) other products.
It provides lighting solutions (lights, drivers and controls) to commercial refrigeration equipment suppliers under its refrigeration light segment. The company also manufactures an alternative to polyvinyl chloride (PVC) piping called ABS piping that is primarily used by its US customers for plumbing applications in the recreational vehicles (RVs) that they fit out.
IKIO Lighting’s largest customer is Signify Innovations India Limited, erstwhile Philips Electronics India which had a 50% market share in India’s functional decorative lighting category (including LED spotlights, LED downlights and cove lights). In addition to Signify (Philips), it has a diversified customer base across all other product segments across industry sectors and geographies which include Western Refrigeration Private Limited, Panasonic Life Solutions India Private Limited and Novateur Electrical & Digital Systems Private Limited.
Promoters of IKIO Lighting – Hardeep Singh and Surmeet Kaur
IKIO Lighting IPO Details
| IKIO Lighting IPO Dates | 6 – 8 June 2023 |
| IKIO Lighting IPO Price | INR 270 – 285 per share |
| Fresh issue | INR 350 crore |
| Offer For Sale | 90,00,000 shares (INR 243 – 256.5 crores) |
| Total IPO size | INR 593 – 606.5 crore |
| Minimum bid (lot size) | 52 shares (INR 14,820) |
| Face Value | INR 10 per share |
| Retail Allocation | 35% |
| Listing On | BSE, NSE |
IKIO Lighting Financial Performance
| Â | FY 2020 | FY 2021 | FY 2022 | 9M FY 2023 |
| Revenue | 140.65 | 159.66 | 219.90 | 240.72 |
| Expenses | 118.65 | 132.40 | 182.73 | 196.66 |
| Net income | 16 | 20.58 | 28.01 | 34.58 |
| Margin (%) | 11.38 | 12.89 | 12.74 | 14.37 |
IKIO Lighting Offer News
- IKIO Lighting IPO GMP Slashed – Check Profit & Listing Estimates
- IKIO Lighting India RHP
- IKIO Lighting India DRHP
- ASBA IPO Forms
- Live IPO Subscription Status
- IPO Subscription Status
IKIO Lighting Valuations & Margins
| FY 2020 | FY 2021 | FY 2022 | |
| EPS | 3.29 | 4.43 | 7.77 |
| PE ratio | – | – | 34.75 – 36.68 |
| RONW (%) | 59.63 | 45.83 | 46.40 |
| NAV | – | – | 16.75 |
| ROCE (%) | 37.61 | 31.13 | 33.07 |
| EBITDA (%) | 16.94 | 22.40 | 23.30 |
| Debt/Equity | 1.47 | 1.58 | 0.17 |
IKIO Lighting IPO GMP Today (Daily Trend)
| Date | Day-wise IPO GMP | Kostak | Subject to Sauda |
| 15 June 2023 | 90 | – | 2,100 |
| 14 June 2023 | 90 | – | 2,100 |
| 13 June 2023 | 100 | – | 2,100 |
| 12 June 2023 | 105 | 600 | 2,200 |
| 9 June 2023 | 105 | 600 | 2,200 |
| 8 June 2023 | 110 | 700 | 2,300 |
| 7 June 2023 | 100 | 600 | 2,500 |
| 6 June 2023 | 88 | 500 | 2,700 |
| 5 June 2023 | 85 | 500 | 2,700 |
| 2 June 2023 | 55 | 500 | – |
IKIO Lighting IPO Subscription – Live Updates
| Category | QIB | NII | Retail | Total |
| Shares Offered | 4,242,592 | 3,294,445 | 7,687,037 | 15,224,074 |
| 8 Jun 2023 | 163.58 | 63.35 | 13.86 | 66.30 |
| 7 Jun 2023 | 1.37 | 15.99 | 5.92 | 6.83 |
| 6 Jun 2023 | 0.30 | 2.97 | 1.64 | 1.55 |
IKIO Lighting IPO Reviews – Subscribe or Avoid?
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IKIO Lighting Offer Registrar
KFIN TECHNOLOGIES LIMITED
Selenium Tower – B, Plot 31 & 32, Gachibowli,
Financial District, Nanakramguda, Serilingampally,
Hyderabad – 500 032, Telangana
Phone:Â +91 4067162222/18003094001
Email: [email protected]
Website:Â www.kfintech.com
IKIO Lighting Contact Details
IKIO LIGHTING LIMITED
D–234, Sector 63,
Noida-201301, Uttar Pradesh
Phone: +91 120 – 4116186
Email:Â [email protected]
Website: www.ikio.in
IKIO Lighting IPO Allotment Status
IKIO Lighting IPO allotment status is now available on the KFin Tech website. Click on this link to get allotment status.
IKIO Lighting IPO Dates & Listing Performance
| IKIO Lighting IPO Opening Date | 6 June 2023 |
| IKIO Lighting IPO Closing Date | 8 June 2023 |
| Finalization of Basis of Allotment | 13 June 2023 |
| Initiation of refunds | 14 June 2023 |
| Transfer of shares to demat accounts | 15 June 2023 |
| IKIO Lighting IPO Listing Date | 16 June 2023 |
| Opening Price on NSE | INR 392.50 per share (up 37.72%) |
| Closing Price on NSE | INR 403.9 per share (up 41.7%) |
IKIO Lighting IPO FAQs
How many shares in IKIO Lighting IPO are reserved for HNIs and retail investors?
The investors’ portion for QIB – 50%, NII – 15%, and Retail – 35%.
How to apply in IKIO Lighting Public Offer?
The best way to apply in IKIO Lighting public offer is through Internet banking ASBA (know all about ASBA here). You can also apply online through your stock broker using UPI. If you prefer to make paper applications, fill up an offline IPO form and deposit the same to your broker.
What is IKIO Lighting IPO GMP today?
IKIO Lighting IPO GMP today is INR 90 per share.
What is IKIO Lighting kostak rate today?
IKIO Lighting kostak rate today is NA per application.
What is IKIO Lighting Subject to Sauda rate today?
IKIO Lighting Subject to Sauda rate today is INR 2,100 per application.
