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Open
6 Jun 2023
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Close
8 Jun 2023
3
Allotment
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Listing
Fri, Jun 16, 2023
Price Band
₹270 to ₹285
Issue Size
2,12,80,701 shares (agg. up to ₹606 Cr)
Lot Size
52 Shares
Listing Date
Fri, Jun 16, 2023
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 47.28x |
Restated Financials (₹ Cr.)
| 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 |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Comrade Appliances Ltd. | SME | ₹12.30 Cr | ₹54 | 17.14 | ₹91.35 | +69.17% | ₹31.72 (+5.00%) |
| Arham Technologies Ltd. | SME | ₹9.58 Cr | ₹42 | 13.82 | ₹63.00 | +50.00% | ₹136.20 (-0.95%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ 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 |
About IKIO Lighting IPO
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.+ Read More
Contact Details
IKIO Lighting Ltd. Address411, Arunachal Building19 Barakhamba Road, Connaught PlaceNew Delhi, New Delhi, 110001+91 120 – 4116186secretarial@ikiolighting.comVisit Website