IPO

Ikio Lighting Limited IPO

Mainboard

Consumer Electronics

Listed On: Jun 16, 2023 at ₹ 392.50(NSE)

₹ 14820 /52 Shares

Check Allotment

06 Jun, 2023

Open Date

08 Jun, 2023

Close Date

13 Jun, 2023

Allotment Date

16 Jun, 2023

Listing Date
Price Summary

Last Closing

173.90 (-38.98%)

52 Week High

304.00

52 Week Low

166.00

Last Update

17-Dec-2025 3:30 PM
Ikio Lighting Limited IPO Issue Details
  • Issue Price 270-285 per equity share
  • Face Value ₹10 Per Equity Share
  • Issue Price Total ₹606.5 Cr : #Fresh Issue : [.] shares(aggregating up to ₹350.00 Cr) +
    #OFS : 9,000,000 shares of ₹10(aggregating up to ₹[.] Cr)
  • Listing at BSE, NSE
  • List Price 392.50(NSE)
  • Listing Date 2023-06-16
  • Lead Manager Motilal Oswal Investment Advisors Pvt Ltd
  • Registrar Kfin Technologies Limited
Ikio Lighting Limited IPO Details
  • Retail Portion 35% (Number of Retail Applications : 1,43,235 Approx),
    (Number of sHNI Applications : 1,460 Approx),
    (Number of bHNI Applications : 2,920 Approx)
Ikio Lighting Limited IPO Documents
DRHP
RHP
Ikio Lighting Limited IPO Details


The IPO of Ikio Lighting Limited is priced at ₹270-285 per equity share, which has a face value of ₹10 Per Equity Share each, IPO bidding starts from Jun 6, 2023 and ends on Jun 8, 2023. The allotment for Ikio Lighting Limited IPO will be finalized on Jun 13, 2023. Ikio Lighting Limited IPO will be listed on BSE, NSE, with a tentative listing date fixed as Jun 16, 2023. The company shall list its equity shares on the BSE, NSE. Kfin Technologies Limited is the registrar of the issue.

The book-running lead manager for the IPO is/are Motilal Oswal Investment Advisors Pvt Ltd.


The Ikio Lighting Limited IPO sets its price band at 270-285 for each share. A single application for Ikio Lighting Limited IPO must contain at least 52 shares.

Read More
Ikio Lighting Limited IPO Subscription Analysis And Details
Retail
13.86x
QIB
163.58x
NII
63.35x
bNII
66.87x
sNII
56.32x
Total
66.29x
As on QIB NII
bNII   sNII 		Retail Total
Shares Offered / Reserved 4,256,140 3,192,107
2,128,071    1,064,036 		7,448,246 14,896,493
Day 1 06-06-23 05:00 PM
0.30 x 2.96
2.32 x   4.25 x 		1.64 x 1.55 x
Day 2 07-06-23 05:00 PM
1.37 x 15.99
14.04 x   19.89 x 		5.92 x 6.83 x
Day 3 08-06-23 05:00 PM
163.58 x 63.35
66.87 x   56.32 x 		13.86 x 66.29 x
Total No of Applications
16,33,770
Ikio Lighting Limited Valuations
Earnings Per Share (EPS) ₹7.9/-
P/E Ratio N/A
RoNW 36.46%
Net Asset Value (NAV) ₹19.48
Ikio Lighting Limited Company Financials
In Crs.
In Cr.
31-Dec-22 31-Mar-22 31-Mar-21 31-Mar-20
Assets 321.29 112.61 74.10 50.98
Revenue 243.18 220.72 160.04 140.73
Profit After Tax 34.58 28.01 20.58 15.99
About Ikio Lighting Limited Company

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
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
Ikio Lighting Limited - Promoter(s)

Hardeep Singh

Surmeet Kaur

Pre Issue Share Holding : 100%

Post Issue Share Holding : 72.46%

Ikio Lighting Limited IPO - Issue Objectives
1

Repayment/ prepayment, in full or part, of certain borrowings availed by the Company and its Subsidiaries on a consolidated basis

2

Investment in the wholly owned Subsidiary, IKIO Solutions Private Limited, for setting up a new facility at Noida, Uttar Pradesh

3

General corporate purposes

Ikio Lighting Limited IPO - Anchor Investors

IKIO Lighting raises Rs 181.95 crore via anchor book ahead of IPO.

Total 16 anchor investors invested in the company including HDFC Mutual Fund, ICICI Prudential, Goldman Sachs, Quant Mutual Fund, Malabar India Fund, Mirae Asset India, Rohdea Master Fund, Motilal Oswal Select Opportunities Fund, Cohesion MK Best Ideas, Citigroup, and Societe Generale.

Ikio Lighting Limited IPO - Peers Comparison
P/B Ratio P/E Ratio RoNW Revenue(in Cr.)
Ikio Lighting 14.6 78.6 36.6% 221
Elin Electronics 1.6 25.6 7.3% 1,075
Dixon Tech 18.4 92.8 22.4% 12,192
Amber Ent. 3.9 47.3 8.63% 6,570
Syrma SGS 4.4 57.4 11.3% 2,048