Subscription Details
The details about the IKIO Lighting Ltd IPO is as:
- The issue size of the IPO is 607 Cr.
- The price band for IKIO Lighting Ltd IPO is Rs 270 to Rs 285.
- The shares of IKIO Lighting Ltd IPO will list on 16th June 2023.
- The latest tentative GMP of IKIO Lighting Ltd IPO is Rs 90.
- The shares of IKIO Lighting Ltd is subscribed 67.75 times as of 8th June 2023.
IKIO Lighting Ltd IPO Valuation
The approx valuation of IKIO Lighting Ltd IPO based on its price band and RHP/DRHP (prospectus) is:
Particulars |
Value |
Upper Price Band |
Rs 285 |
Fresh Issue |
350 Cr |
Existing Shares (Qty) |
6.5 Cr |
Market Cap |
2202.5 Cr |
EPS (FY22) |
Rs 7.77 |
PE Ratio |
36.67x |
Industry PE |
56.30x |
IKIO Lighting Ltd IPO Issue Size
IKIO Lighting Ltd IPO issue size is 607 Cr.
Issue |
Amount |
Fresh Issue |
350 Cr |
Offer For Sale |
257 Cr |
IKIO Lighting Ltd IPO Market Lot
An Individual can apply for a minimum 1 lot of 52 shares and a maximum of 13 lots of 676 shares. Find the details below:
Application |
Lot |
Shares |
Amount |
Minimum |
1 |
52 |
Rs 14,820 |
Maximum |
13 |
676 |
Rs 1,92,660 |
IKIO Lighting Ltd IPO Offer
The shares of IKIO Lighting Ltd is subscribed 67.75 times as of 8th June 2023. The category-wise shares subscribed are as follows:
Category |
% Offered |
Subscription |
Qualified Institutional |
Maximum 50% |
163.06 Times |
Non-Institutional |
Minimum 15% |
65.38 Times |
Retail Individual |
Minimum 35% |
14.31 Times |
Total |
|
67.75 Times |
IKIO Lighting Ltd Grey Market Premium
As on |
GMP (Tentative) |
2 June 2023 |
Rs 50 |
4 June 2023 |
Rs 70 |
5 June 2023 |
Rs 90 |
6 June 2023 |
Rs 105 |
7 June 2023 |
Rs 105 |
8 June 2023 |
Rs 115 |
9 June 2023 |
Rs 120 |
11 June 2023 |
Rs 100 |
12 June 2023 |
Rs 90 |
IKIO Lighting Ltd IPO GMP is purely for informational purposes and invest in an IPO after thoroughly researching on your own.
Allotment Details
Find below the dates for IKIO Lighting Ltd IPO:
Schedule |
Date |
Basis of Allotment |
13 June 2023 |
Refunds |
14 June 2023 |
Credit to Demat Account |
15 June 2023 |
IPO Listing Date |
16 June 2023 |
Check allotment status