| IPO Listing At | BSE SME |
| SME IPO Issue Type | Book Build Issue |
| Total Issue Size | ₹19.11 Cr |
| Reserved for Market Maker | ₹0.00 Cr |
| Net Issue Size | ₹19.11 Cr |
| Fresh Issue | ₹18.15 Cr |
| Face Value | โน10 Per Equity Share |
| Price Band | โน85.00-91.00 per share |
| BSE Code | 544426 |
| Registrar | Maashitla Securities Pvt.Ltd. |
| Lead Managers | Khambatta Securities Ltd. |
Disclaimer: GMP is sourced from grey market dealers and is indicative only. Always conduct your own due diligence.
* Allotment, Refund, Demat Credit & Listing dates are tentative and subject to change.
Minimum bid: 1,200 shares and in multiples thereof
Incorporated in 2002, Icon Facilitators Limited (IFL) is a facilities management company offering integrated technical services across India.
The company provides a comprehensive range of services, including electrical system management, HVAC operations, water treatment, fire and safety equipment maintenance, and more.
The company offers Integrated Facilities Management, covering soft services like housekeeping and pest control, and hard services like HVAC, electrical management, fire safety, and building operations.
The company operates mainly in Northern India with 127 sites, recently expanding to Bengaluru for growth. Mr. Basil Arun Keelor leads South India operations to strengthen the company’s presence.
Products:
As on May 15, 2025, the company has 1,955 employees on roll.
Competitive Strength:
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (โน Cr.) |
|---|---|---|
| 1 | Working Capital Requirement | 16.00 |
| 2 | General Corporate Purposes | 2.00 |
| 3 | Issue Expenses | 1.11 |
| Total | 19.11 |
| Period Ended | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Assets | 23.95 | 17.66 | 14.93 |
| Total Income | 58.07 | 49.85 | 42.96 |
| Profit After Tax | 4.47 | 1.76 | 1.92 |
| EBITDA | 6.55 | 2.89 | 3.12 |
| NET Worth | 12.69 | 5.95 | 4.19 |
| Reserves and Surplus | 6.93 | 5.94 | 4.18 |
| Amount in ₹ Crore | |||
| KPI | Mar 31, 2024 |
|---|---|
| ROE | 35.23% |
| ROCE | 37.09% |
| Debt / Equity | 0.35% |
| RoNW | 35.23% |
| PAT Margin | 7.70% |
| EBITDA Margin | 11.28% |
| Price to Book Value | 4.05 |
| Metric | Pre IPO | Post IPO |
|---|---|---|
| EPS (โน) | 7.76 | 5.69 |
| P/E (x) | 11.72 | 16 |
| Promoter Holding | 95.65% | 70.09% |
| Market Cap | โน71.52 Cr. | |