IKIO LIGHTING LIMITED IPO FULL INFORMATION

 

IKIO LIGHTING LIMITED IPO FULL INFORMATION





IKIO Lighting Limited, founded in 2016, is an Indian manufacturer specializing in the production of LED lighting solutions. With a strong emphasis on sustainability and energy efficiency, the company has played a significant role in supporting India's sustainability goals throughout its journey of over seven years.

IKIO offers a diverse range of products, including LED lighting solutions, refrigeration lights, ABS piping, and other related products. As an Original Design Manufacturer (ODM), the company is involved in the entire product lifecycle, from design and development to manufacturing and supply. While IKIO manufactures products for its customers, they also collaborate closely with clients to create and supply products according to their specific designs and requirements.

The core focus of IKIO's LED lighting offerings lies in the premium segment. Their product portfolio encompasses lighting fixtures, fittings, accessories, and components. Each product is meticulously designed and crafted to meet the unique needs and expectations of their discerning customers.

In terms of financial performance, IKIO Lighting Limited has witnessed steady growth over the years. In the preceding financial years of 2022, 2021, and 2020, the company achieved revenues of 3,339.95 million, .72 million, and 2,218.28 million, respectively. These figures demonstrate the company's ability to generate substantial revenue and underline its position as a key player in the LED lighting industry.

Overall, IKIO Lighting Limited has emerged as a prominent Indian manufacturer of LED lighting solutions, offering a comprehensive range of products tailored to the sustainability requirements of the market. Through their commitment to energy efficiency and customer satisfaction, the company continues to make significant contributions to India's sustainable development goals.

 

IKIO Lighting IPO Important Details

IPO Date

Jun 6, 2023 to Jun 8, 2023

IPO Listing Date

[.]

IPO Face Value

₹10 per share

IPO Price

[.] to [.] per share

IPO Lot Size

IPO Total Issue Size

IPO Fresh Issue

[.] shares
(aggregating up to ₹350.00 Cr)

IPO Offer for Sale

9,000,000 shares of ₹10
(aggregating up to ₹[.] Cr)

IPO Issue Type

Book Built Issue IPO

IPO Listing At

BSE, NSE

IPO Share holding pre issue

65,000,000


Company Financials Info

IKIO Lighting Limited Financial Information (Year on Year)

Period Ended

Total Assets

Total Revenue

Profit After Tax

Net Worth

Total Borrowing

31-Mar-20

144.83

221.83

21.41

35.90

46.86

31-Mar-21

174.45

214.57

28.81

62.86

69.36

31-Mar-22

264.87

334.00

50.52

108.87

106.56

31-Dec-22

335.50

332.79

51.35

140.83

136.33

                                                                                                                                   Amount in   ₹ Crore

 

IKIO Lighting IPO Reservation in (%)

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

 

IKIO Lighting IPO  Important Timetable (Tentative)

IKIO Lighting IPO opens on Jun 6, 2023, and closes on Jun 8, 2023.

Event

Tentative Date

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

 


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