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IKIO Lighting Limited IPO (IKIO Lighting IPO) Details | GMP

Date, Review, Price, Allotment, Analysis

IKIO Lighting Limited IPO (IKIO Lighting IPO) Details

Incorporated in 2016, IKIO Lighting Limited is an Indian manufacturer of light-emitting diode (LED) lighting solutions. With a focus on sustainability and low-energy LED products, IKIO Lighting aims to contribute to India’s sustainability goals. This article provides an overview of the company, its product portfolio, and details about the upcoming IPO.

Introduction

IKIO Lighting Limited, founded in 2016, has established itself as a prominent player in the Indian LED lighting industry. The company’s commitment to sustainability and energy efficiency sets it apart from its competitors. By offering a diverse range of LED lighting solutions, refrigeration lights, and ABS piping, IKIO Lighting has gained recognition for its quality products.

Overview of IKIO Lighting Limited

IKIO Lighting Limited has built a strong reputation in the lighting industry since its inception. The company’s emphasis on innovation and sustainable practices has been instrumental in its success. With a vision to provide energy-efficient lighting solutions, IKIO Lighting has contributed significantly to India’s sustainable development goals.

IKIO Lighting IPO GMP Live Rates day by day with Kotak rates.

Date GMP Kostak Subject to
Today ₹105 ₹500 ₹3000
6 Jun ₹105 ₹500 ₹2000
5 Jun ₹90 ₹500 ₹2000
4 Jun ₹70 ₹500 ₹2000
1 Jun ₹50 ₹500 ₹2000
31 May ₹20 ₹500 ₹-

Product Portfolio

IKIO Lighting Limited’s product portfolio includes:

LED Lighting

The company specializes in manufacturing and distributing a wide range of LED lighting solutions. These include LED bulbs, tubes, panel lights, downlights, and streetlights. IKIO Lighting’s LED products are known for their energy efficiency, durability, and superior performance.

Refrigeration Lights

In addition to LED lighting, IKIO Lighting offers specialized refrigeration lights. These lights are designed specifically for use in refrigeration units and cold storage facilities. The company’s refrigeration lights are optimized for energy efficiency and provide excellent illumination in low-temperature environments.

ABS (Acrylonitrile Butadiene Styrene) Piping

IKIO Lighting also manufactures ABS piping, which finds applications in various industries. ABS piping is known for its durability, corrosion resistance, and ease of installation. The company’s ABS piping products cater to the needs of different sectors, including construction, plumbing, and infrastructure development.

IKIO Lighting IPO Details

IKIO Lighting is all set to launch its initial public offering (IPO). The following are the key details of the IPO:

IPO Open: June 6, 2023
IPO Close: June 8, 2023
IPO Size: Approx ₹[.] Crores
Fresh Issue: Approx ₹350 Crores
Offer for Sale: Approx 90,00,000 Equity Shares
Face Value: ₹10 Per Equity Share
IPO Price Band: ₹[.] to ₹[.] 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 Timetable (Tentative)

The timetable for IKIO Lighting IPO is as follows:

  • Opening Date: Tuesday, 6 June 2023
  • Closing Date: Thursday, 8 June 2023
  • Basis of Allotment: Tuesday, 13 June 2023
  • Initiation of Refunds: Wednesday, 14 June 2023
  • Credit of Shares to Demat: Thursday, 15 June 2023
  • Listing Date: Friday, 16 June 2023
  • Cut-off time for UPI mandate confirmation: 5 PM on Jun 8, 2023

IKIO Lighting IPO Reservation

The IPO reservation details for IKIO Lighting are as follows:

  • QIB Shares Offered: Not more than 50% of the Net Issue
  • NII (HNI) Shares Offered: Not less than 15% of the Net Issue
  • Retail Shares Offered: Not less than 35% of the Net Issue

Company Financials

The financial performance of IKIO Lighting Limited is as follows (restated consolidated information):

Period Ended Total Assets (₹ Crore) Total Revenue (₹ Crore) Profit After Tax (₹ Crore) Net Worth (₹ Crore) Total Borrowing (₹ Crore)
31-Mar-20 50.98 140.73 15.99 27.65 7.78
31-Mar-21 74.10 160.04 20.58 48.32 4.96
31-Mar-22 112.61 220.72 28.01 76.44 16.16
31-Dec-22 321.29 243.18 34.58 126.62 136.33

Conclusion

IKIO Lighting Limited, an Indian manufacturer of LED lighting solutions, is set to launch its IPO. With a focus on sustainability and energy efficiency, the company has positioned itself as a reliable player in the industry. Investors have the opportunity to participate in the growth of IKIO Lighting through its IPO, which offers a range of LED lighting products, refrigeration lights, and ABS piping.

The IPO details, including the opening and closing dates, price range, and reservation criteria, provide valuable information for potential investors. With its strong financial performance and commitment to sustainability, IKIO Lighting presents an appealing investment opportunity in the lighting sector.

FAQs

The IPO of IKIO Lighting Limited is scheduled to take place from June 6, 2023, to June 8, 2023.

The price range for the IPO is yet to be announced.

Detailed instructions on how to apply for the IPO will be provided by the issuing company and the designated intermediaries.

The shares of IKIO Lighting Limited will be listed on the BSE (Bombay Stock Exchange) and NSE (National Stock Exchange).

IPO Sharma

where we specialize in demystifying IPOs and the stock market. With extensive experience in finance, I offer expert analyses and strategic insights to help you make informed investment decisions. Our content focuses on clarity, accuracy, and empowering you to achieve your financial goals. Please note: I am not a SEBI-registered advisor. The information and analyses provided on IPOsharma are for educational purposes only and should not be construed as investment advice.

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