IKIO Lighting Limited, founded in 2016, is a company specializing in producing cutting-edge LED lighting solutions. With an uncompromising commitment to sustainability and energy efficiency, IKIO makes efforts to assist India in attaining its ambitious sustainability goals. The company boasts a wide range of products, containing LED lighting, Refrigeration lights, ABS piping, and other associated offerings.
Functioning as an Original Design Manufacturer (ODM), IKIO assumes the responsibility of conceiving, developing, manufacturing, and supplying products to its esteemed Clients. These customers later distribute these products under their own brands. Furthermore, IKIO collaborates closely with clients to actualize and manufacture products based on their unique design specifications.
IKIO’s range of LED lighting primarily caters to the premium market segment, containing lighting fixtures, fittings, accessories, and components. These meticulously crafted products are tailored to meet specific requirements and surpass esteemed customers’ expectations.
Regarding financial performance, IKIO Lighting Limited achieved total revenues of 333.995 Cr, 0.072 Cr, and 221.828 Cr in the preceding fiscal years of 2022, 2021, and 2020, respectively.
At IKIO, the main focus resides in research and development (R&D). IKIO’s dedicated R&D department autonomously develops and enhances ODM concepts while validating and refining OEM designs from our clients. By upgrading the quality of designs, proposing suitable raw materials, and conducting rigorous trials, the company metamorphoses these concepts into real, state-of-the-art products.
IKIO’s extensive product range spans commercial, industrial, and residential applications, and IKIO’s integrated manufacturing infrastructure empowers it to fabricate LED products, hardware solutions, and bespoke components. To ensure the utmost quality, IKIO proudly upholds certifications such as ISO 9001, ISO 14001, and ISO 18001.
IKIO Lighting Limited IPO Complete Details:
| IPO Date | 06 June 2023 to 08 June 2023 |
| Issue Type | Book Built Issue IPO |
| Listing At | NSE BSE |
| Face Value | 10 Rs. Per Share |
| Price | Rs.270 to 285 |
| Lot Size | 52 |
| Issue Size | shares (Rs. 607.00 Cr) |
| Fresh Issue | shares (Rs. 350 Cr) |
| Offer For Sale | 9,000,000 shares (Rs. Cr) |
| Listing Date | 16 June 2023 |
IKIO Lighting Limited IPO Timetable:
| Activity | Date* |
|---|---|
| Opening Date | 06 June 2023 |
| Closing Date | 08 June 2023 |
| Allotment | 13 June 2023 |
| Initiation of Refunds | 14 June 2023 |
| Credit of Shares to Demat Account | 15 June 2023 |
| Listing Date | 16 June 2023 |
Company Financial Details:
| Period Ended | Assets | Revenue | Profit After Tax | Net Worth |
|---|---|---|---|---|
| 31 March 2020 | 144.83 | 221.83 | 21.41 | 35.90 |
| 31 March 2021 | 174.45 | 214.57 | 28.81 | 62.86 |
| 31 March 2022 | 264.87 | 334.00 | 50.52 | 108.87 |
| 31 December 2022 | 335.50 | 332.79 | 51.35 | 140.83 |
AS OF NOW, the GMP OF IKIO Lighting Limited is Around 92 Rs.