IKIO Lighting

IKIO Lighting Limited IPO Review, Date, Price, GMP, Allotment

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 Date06 June 2023 to 08 June 2023
Issue TypeBook Built Issue IPO
Listing AtNSE BSE
Face Value10 Rs. Per Share
PriceRs.270 to 285
Lot Size52
Issue Sizeshares (Rs. 607.00 Cr)
Fresh Issue shares (Rs. 350 Cr)
Offer For Sale9,000,000 shares (Rs. Cr)
Listing Date16 June 2023

IKIO Lighting Limited IPO Timetable:

Opening Date06 June 2023
Closing Date08 June 2023
Allotment13 June 2023
Initiation of Refunds14 June 2023
Credit of Shares to Demat Account15 June 2023
Listing Date16 June 2023
* Date May Change

Company Financial Details:

Period EndedAssetsRevenueProfit After TaxNet Worth
31 March 2020144.83221.8321.4135.90
31 March 2021174.45214.5728.8162.86
31 March 2022264.87334.0050.52108.87
31 December 2022335.50332.7951.35140.83
Amount In Crores

AS OF NOW, the GMP OF IKIO Lighting Limited is Around 92 Rs.

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