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.
IKIO Lighting IPO Details
IKIO Lighting IPO is a Book Built Issue. The IPO total issue size is Rs 606.50 Cr. The IKIO Lighting IPO price is ₹270 to ₹285 per share. The IPO will list on BSE, NSE.
IKIO Lighting IPO Reservation
IKIO Lighting IPO a total of 21,280,702 shares are offered. QIB: 4,256,140 (20.00%), RII: 7,448,246 (35.00%), NII: 3,192,107 (15.00%).
IKIO Lighting IPO Anchor Investors Details
IKIO Lighting IPO raises Rs 181.95 crore from anchor investors. IKIO Lighting IPO Anchor bid date is Jun 5, 2023.
IKIO Lighting IPO Timetable (Tentative)
IKIO Lighting IPO opens on Jun 6, 2023, and closes on Jun 8, 2023.
IKIO Lighting IPO Lot Size
The minimum lot size of this IKIO Lighting IPO is 52 shares required is ₹14,820.
IKIO Lighting IPO Promoter Holding
Hardeep Singh and Surmeet Kaur are the Promoters of the company.
Company FinancialsKey Performance Indicator
IKIO Lighting IPO Market Cap is Rs 2202.5 Cr and P/E (x) is 32.13.
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