IKIO Lighting IPO GMP, Price, Date, Allotment


Last updated on June 21, 2023


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 Dates6 – 8 June 2023
IKIO Lighting IPO Price INR 270 – 285 per share
Fresh issueINR 350 crore
Offer For Sale90,00,000 shares (INR 243 – 256.5 crores)
Total IPO sizeINR 593 – 606.5 crore
Minimum bid (lot size)52 shares (INR 14,820)
Face Value INR 10 per share
Retail Allocation35%
Listing OnBSE, NSE

IKIO Lighting Financial Performance

 FY 2020FY 2021FY 20229M FY 2023
Net income1620.5828.0134.58
Margin (%)11.3812.8912.7414.37
Figures in INR crore unless specified otherwise

IKIO Lighting Offer News

IKIO Lighting Valuations & Margins

FY 2020FY 2021FY 2022
PE ratio34.75 – 36.68
RONW (%)59.6345.8346.40
ROCE (%)37.6131.1333.07
EBITDA (%)16.9422.4023.30
*Compiled by IPO Central from Prospectus

IKIO Lighting IPO GMP Today (Daily Trend)

DateDay-wise IPO GMPKostakSubject to Sauda
15 June 2023902,100
14 June 2023902,100
13 June 20231002,100
12 June 20231056002,200
9 June 20231056002,200
8 June 20231107002,300
7 June 20231006002,500
6 June 2023885002,700
5 June 2023855002,700
2 June 202355500

IKIO Lighting IPO Subscription – Live Updates

Shares Offered4,242,5923,294,4457,687,03715,224,074
8 Jun 2023163.5863.3513.8666.30
7 Jun 20231.3715.995.926.83
6 Jun 20230.302.971.641.55

IKIO Lighting IPO Reviews – Subscribe or Avoid?

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IKIO Lighting Offer Registrar

Selenium Tower – B, Plot 31 & 32, Gachibowli,
Financial District, Nanakramguda, Serilingampally,
Hyderabad – 500 032, Telangana
 +91 4067162222/18003094001
[email protected]

IKIO Lighting Contact Details

D–234, Sector 63,
Noida-201301, Uttar Pradesh
Phone: +91 120 – 4116186
Email: [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 Date6 June 2023
IKIO Lighting IPO Closing Date8 June 2023
Finalization of Basis of Allotment13 June 2023
Initiation of refunds14 June 2023
Transfer of shares to demat accounts15 June 2023
IKIO Lighting IPO Listing Date16 June 2023
Opening Price on NSEINR 392.50 per share (up 37.72%)
Closing Price on NSEINR 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.


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