IKIO Lighting IPO is a Book Building IPO listing on BSE,NSE exchange, with an ipo size of ₹ 606.50 Cr. The company is based in New Delhi and caters to Electric Equipments sector. Motilal Oswal Investment Advisors is the merchant banker of IKIO Lighting IPO. It is a MainBoard IPO which filed its Draft Red Herring Prospectus (DRHP) on 29th September 2022.
IKIO Lighting IPO open date is 6th June 2023 and close date is 8th June 2023. IPO Allotment Date is 13th June 2023 and Listing date is 16th June 2023.IKIO Lighting IPO size is ₹ 606.50 Cr. with IPO price of ₹ 285.00. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.
Motilal Oswal Investment Advisors Limited is the book-running lead manager of the IKIO Lighting IPO. Kfin Technologies Limited is the Registrar for IKIO Lighting IPO.
IKIO Lighting IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
IKIO Lighting IPO, based in New Delhi, operates in the Electric Equipments sector with a focus on LED lighting solutions and other specialized products. The company is launching its MainBoard IPO on the BSE,NSE exchange, using the Book Building Issue method. IKIO Lighting IPO size is ₹ 606.50 Cr. with fresh issue size of ₹ 350.00 Cr. and Offer for sale being ₹ 256.50Cr.
The IPO allotment date for IKIO Lighting IPO is expected to be 13th June 2023, after the finalization of basis of allotment. Investors can check IKIO Lighting IPO allotment status on the registrars website, Kfin Technologies Limited . IKIO Lighting IPO refund dates are 14th June 2023.
IKIO Lighting IPO is expected to be listed on 16th June 2023.
The upper price band for the IKIO Lighting IPO is set at ₹ 285.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.
For IPO analysis on IKIO Lighting IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.
To apply for the IKIO Lighting IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 8th June 2023. After submission, funds are blocked until the basis of allotment of IKIO Lighting IPO is finalised.
The merchant banker for IKIO Lighting IPO is Motilal Oswal Investment Advisors Limited . Motilal Oswal Investment Advisors Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the IKIO Lighting IPO RHP for further details.
The registrar for IKIO Lighting IPO is Kfin Technologies Limited . Investors can go to Kfin Technologies Limited registrar website for IPO allotment status, refund processing, and other queries related to IKIO Lighting IPO through their official website or helpline.
IKIO Lighting IPO was subscribed 67.75 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
IKIO Lighting IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on IKIO Lighting Financial Review Page
Merchant Banker(s) of IKIO Lighting IPO: Motilal Oswal Investment Advisors Limited
IKIO Lighting IPO subscription was 67.75 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.
IKIO Lighting IPO listed at a listing price of 403.75 against the offer price of 285.00.
The current market price of IKIO Lighting is 219.20.
Why Us?