IKIO Lighting IPO Date, Review, Price, Allotment, Analysis

Vijay Prajapati
June 19, 2023

Vijay Prajapati

IKIO Lighting IPO Details: IKIO Lighting IPO date is fixed, the IPO is to hit the market on June 6 and will close on June 8, 2023. IKIO Lighting IPO to raise around ₹606.5 crores via IPO that comprises fresh issue of ₹350 crores and offer for sale up to 9,000,000 equity shares of ₹10 each. The retail quota is 35%, QIB is 50%, and HNI is 15%.

IKIO Lighting Limited is one of the leading ODM manufacturers and end-to-end solutions providers in India for LED lighting, switches, and RV components. They are manufacturers, and solutions providers of Lighting, Energy-efficient Products, and Hardware Components in the global marketplace.

IKIO Lighting Limited is a manufacturing company and an end-to-end product solutions provider in LED Lighting, Electronics, Refrigeration Lighting, Hardware, and RV Components. IKIO Lighting has certifications like ISO 9001, ISO 14001, ISO 18001, and OHSAS. IKIO Lighting Limited has a range of products under its umbrella and has developed solutions for commercial, industrial, and residential applications. They are an ODM lighting, hardware, and component solutions provider successfully catering to clients in India and the USA.

According to Frost & Sullivan 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, outdoor lights). (Source: F&S Report, September 2022). Some of the customers are Signify Innovations India Limited, and erstwhile Philips Electronics India Limited (“Signify (Philips)”).

Objects 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)

May Apply

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 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

You can check IPO subscription status and IPO allotment status on their respective pages.

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: [email protected]
Website: https://karisma.kfintech.com/

IKIO Lighting IPO Allotment Status Check

Check IKIO Lighting IPO allotment status on KFintech website allotment URL. Click Here

IKIO Lighting IPO Lead Managers aka Merchant Bankers

Motilal Oswal Investment Advisors Limited

Company Address

IKIO Lighting Limited
411, Arunachal Building,
19 Barakhamba Road, Connaught Place,
New Delhi – 110 001
Phone: +91 120 – 4116186
Email: [email protected]
Website: http://www.ikio.in/

IKIO Lighting IPO FAQs

What is IKIO Lighting IPO?

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.

When IKIO Lighting IPO will open?

The IPO is to open on June 6, 2023 for QIB, NII, and Retail Investors.

What is IKIO Lighting IPO Investors Portion?

The investors’ portion for QIB is 50%, NII is 15%, and Retail is 35%.

How to Apply the IKIO Lighting IPO?

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.

How to Apply the IKIO Lighting IPO through Zerodha?

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.

How to Apply the IKIO Lighting IPO through Upstox?

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.

How to Apply the IKIO Lighting IPO through Paytm Money?

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.

What is IKIO Lighting IPO Size?

IKIO Lighting IPO size is ₹606.50 crores.

What is IKIO Lighting IPO Price Band?

IKIO Lighting IPO Price Band is ₹270 to ₹285.

What is IKIO Lighting IPO Minimum and Maximum Lot Size?

The minimum bid is 52 Shares with ₹14820 amount while the maximum bid is 676 shares with ₹192,660.

What is the IKIO Lighting IPO Allotment Date?

IKIO Lighting IPO allotment date is June 13, 2023.

What is the IKIO Lighting IPO Listing Date?

IKIO Lighting IPO listing date is June 16, 2023. The IPO is to list on BSE and NSE.

Note: The IKIO Lighting IPO price band and date are officially announced. The IPO grey market premium (IKIO Lighting IPO Premium) will be added to the IPO grey market page as it will start).

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