IKIO Lighting IPO

IKIO Lighting Limited

₹14,040 /52 sharesMinimum Investment

IKIO Lighting IPO Listing Details

Listed OnIssue PriceListing PriceListing Gains
BSE & NSE₹285.00₹393.00₹108.00 (37.89%)

IKIO Lighting IPO Details

Bidding DatesMin. InvestmentLot SizePrice Range
6 Jun ‘23 - 8 Jun ‘23₹14,04052₹270 - ₹285
Issue SizeIPO Doc
607.00Cr
RHP PDF

Subscription Status As on 08 Jun '23, 5:10 PM

  • Qualified Institutional Buyers
    163.58x
  • Non-Institutional Investor
    63.35x
  • Retail Individual Investor
    13.86x
  • Total
    66.29x

About IKIO Lighting

IKIO Lighting Limited, established in 2016, is a manufacturer and comprehensive product solutions provider, specialising in LED lighting, electronics, refrigeration lighting, hardware, and RV Components. IKIO Lighting also offers an extensive range of lighting solutions, fittings, fixtures, accessories, and components. The company has an extensive product portfolio of over 600 SKUs, 1450 employees and has a growing global presence. ;
Parent Organisation
IKIO Lighting Limited
Founded
2016
Managing Director
Mr. Hardeep Singh

Strengths & Risks

  • The company’s ODM business model enables them to provide sustainable lighting solutions to clients.
  • The company has a diversified customer base across industry sectors and geographies and is expanding its portfolio.
  • About ~94% of the company’s restated revenue in the fiscal year 2022 was derived from operations with repeat customers.
  • IKIO Lighting has nearly doubled its profits and assets in the past 3 years.
  • Through its sustainability and low-energy LED products, the company is trying to help India meet its sustainability goals.
  • Sizable working capital is required for the continued operation and growth of the company. The inability to meet these requirements could have a significant adverse effect on the business.
  • The company derives a substantial portion of its revenue, over 85%, from a limited number of clients. Any delays or cancellations of orders can affect the company's business.
  • Due to the nature of work, the company is associated with risks, including equipment breakdowns, industrial accidents, employee injuries, severe weather conditions, and natural disasters, which can impact operations.
  • The company's proposed expansion plans are susceptible to unanticipated delays, cost overruns, and the requirement of specific government approvals and licenses.
  • The company operates in markets subject to cyclical demand and vulnerability to economic downturns, which can impact business.

Financials

*All values are in Rs. Cr
No Graph Data To Display

Application details

Apply asPrice bandApply upto
Regular270 - 285₹2 Lakh
High Networth Individual270 - 285₹2 - 5 Lakh
For IKIO Lighting IPO, eligible investors can apply as Regular.
ⓒ 2016-2023 Groww. All rights reserved, Built with in India
MOST POPULAR ON GROWWVERSION - 4.5.1
STOCK MARKET INDICES:  S&P BSE SENSEX |  S&P BSE 100 |  NIFTY 100 |  NIFTY 50 |  NIFTY MIDCAP 100 |  NIFTY BANK |  NIFTY NEXT 50
MUTUAL FUNDS COMPANIES:  GROWWMF |  SBI |  AXIS |  HDFC |  UTI |  NIPPON INDIA |  ICICI PRUDENTIAL |  TATA |  KOTAK MAHINDRA |  DSP |  CANARA ROBECO |  SUNDARAM |  MIRAE ASSET |  BANDHAN |  FRANKLIN TEMPLETON |  PPFAS |  MOTILAL OSWAL |  INVESCO |  EDELWEISS |  ADITYA BIRLA SUN LIFE |  LIC |  HSBC |  NAVI |  QUANTUM |  UNION |  IDBI |  ITI |  MAHINDRA MANULIFE |  360 ONE |  BOI |  TAURUS |  JM FINANCIAL |  PGIM |  SHRIRAM |  BARODA BNP PARIBAS |  QUANT |  WHITEOAK CAPITAL |  TRUST |  SAMCO |  NJ |  BAJAJ

ABOUT GROWW