| IPO Listing At | BSE, NSE |
| IPO Issue Type | Book Build Issue |
| Issue Size | ₹606.50 Cr |
| Fresh Issue | ₹350.00 Cr |
| Offer for Sale | ₹256.50 Cr |
| Face Value | โน10 Per Equity Share |
| Price Band | โน270.00-285.00 per share |
| Discount | Retail: 0.00 |
| BSE Code | 543923 |
| NSE Code | IKIO |
| Registrar | Kfin Technologies Ltd. |
| Lead Managers | Motilal Oswal Investment Advisors... |
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: 52 shares and in multiples thereof
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.
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (โน Cr.) |
|---|---|---|
| 1 | Repayment/ prepayment, in full or part, of certain borrowings availed by the Company and its Subsidiaries on consolidated basis; | 50.00 |
| 2 | Investment in our wholly owned Subsidiary, IKIO Solutions Private Limited, for setting up a new facility at Noida, Uttar Pradesh; and | 212.31 |
| 3 | General corporate purposes. | 66.96 |
| Period Ended | 31 Dec 2022 | 31 Mar 2022 | 31 Mar 2021 | 31 Mar 2020 |
|---|---|---|---|---|
| Assets | 335.50 | 264.87 | 174.45 | 144.83 |
| Total Income | 332.79 | 334.00 | 214.57 | 221.83 |
| Profit After Tax | 51.35 | 50.52 | 28.81 | 21.41 |
| NET Worth | 140.83 | 108.87 | 62.86 | 35.90 |
| Total Borrowing | 136.33 | 106.56 | 69.36 | 46.86 |
| Amount in ₹ Crore | ||||
| KPI | |
|---|---|
| ROE | 36.00% |
| ROCE | 26.00% |
| Debt / Equity | 1.03% |
| RoNW | 36.46% |
| PAT Margin | 15.12% |
| Metric | Pre IPO | Post IPO |
|---|---|---|
| EPS (โน) | 7.90 | |
| P/E (x) | 32.13 | |
| Promoter Holding | 100.00% | 72.46% |
| Market Cap | โน2202.50 Cr. | |