IKIO Lighting Ltd. IPO

IKIO Lighting is an Indian manufacturer of LED lighting solutions. The company was founded in 2016 and is headquartered in Chittorgarh, Rajasthan. IKIO Lighting has a range of products under its umbrella, including LED spotlights, LED downlights, cove lights, chandeliers, wall lights, pendants, and outdoor lights. The company has a strong focus on sustainability and low-energy LED products.

RHP
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DRHP
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Open Date

2023-06-06

Close Date

2023-06-08

IKIO Lighting Ltd. IPO Details

Check out the issue details for IKIO Lighting Ltd. IPO as disclosed in SEBI.

IPO Price

₹ 285

Price Band

₹ 270 - 285

Issue Size

607 Cr.

Issue Type

Book Built

Open

2023-06-06

Close

2023-06-08

Listingprice

₹ 392.5

ListingGain

37.72%

Listing Date

2023-06-16

CMP

₹ 253.25

Current Return

-11.14%

IKIO Lighting Ltd. News

IKIO Lighting - Quaterly Results8 Nov, 8:16PM IKIO Lighting - Quaterly Results8 Nov, 8:16PM IKIO Lighting informs about disclosure 12 Sep, 2:21PM IKIO Lighting informs about investor presentation12 Aug, 12:22PM IKIO Lighting - Quaterly Results9 Aug, 4:46PM IKIO Lighting - Quaterly Results9 Aug, 4:46PM IKIO Lighting - Quaterly Results9 Aug, 4:46PM IKIO Lighting informs about newspaper advertisements27 Jul, 2:14PM IKIO Lighting - Quaterly Results25 May, 12:22PM IKIO Lighting - Quaterly Results25 May, 12:22PM IKIO Lighting - Quaterly Results25 May, 12:22PM IKIO Lighting informs about statement on deviation or variation14 May, 5:06PM IKIO Lighting informs about closure of trading window 23 Mar, 11:53AM IKIO Lighting informs about disclosure 21 Mar, 5:27PM IKIO Lighting’s arm commences commercial production at unit 21 Mar, 2:30PM IKIO Lighting informs about analyst meet 20 Mar, 10:58AM IKIO Lighting informs about investor meet15 Mar, 4:19PM IKIO Lighting - Quaterly Results8 Feb, 3:14PM IKIO Lighting - Quaterly Results8 Feb, 3:14PM IKIO Lighting - Quaterly Results8 Feb, 3:14PM

Company Financials

You can get the following financial statements of IKIO Lighting Ltd. as of now.

Company Name

IKIO Lighting Ltd.

Exchange

NSE: IKIO BSE: 543923

  Profit Loss
  Balance Sheet
  Quarterly
  Shareholding
  Cash Flow

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.

 

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

Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.)

PARTICULARS Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Net Sales 140.65 159.66 219.9 241.36 240.98
Total Expenditure 114.31 129.38 179.75 202.42 212.28
Operating Profit 26.34 30.28 40.15 38.94 28.7
Other Income 0.08 0.38 0.82 2.63 19.24
Interest 2.09 0.56 0.53 5.74 5.8
Depreciation 2.24 2.46 2.45 2.9 2.99
Exceptional Items 0 0 0 0 0
Profit Before Tax 22.09 27.64 37.99 32.93 39.16
Provision for Tax 6.09 7.06 9.98 8.29 10.48
Net Profit 15.99 20.58 28.01 24.64 28.68
Adjusted EPS (Rs.) 0.25 0.32 0.43 0.38 0.37

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Equity and Liabilities
Share Capital 0.05 0.05 25 65 77.28
Total Reserves 27.6 48.27 51.44 36.16 402.6
Borrowings 2.66 2.09 1.11 0.34 0
Other N/C liabilities 0.22 0.12 0.56 0.34 0.03
Current liabilities 20.31 23.16 34.08 47.01 28.02
Total Liabilities 50.84 73.69 112.19 148.86 507.93
Assets
Net Block 15.1 15.44 17.23 17.76 17.49
Capital WIP 0 0 0 0 0
Intangible WIP 0 0 0 0 0
Investments 0 0 0 13.01 127.18
Loans & Advances 0.13 0.42 1.23 13.76 69.87
Other N/C Assets 0 0.01 0.01 0 0
Current Assets 35.61 57.82 93.73 104.32 293.39
Total Assets 50.84 73.69 112.19 148.86 507.93
* Other Non-current Liabilities include Net deferred Liabilities

Quarterly Result (All Figures in Cr.)

PARTICULARS Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024
Other Income 6.71 5.36 5.32 6.48 4.81
Profit Before Tax 14.72 8.84 6.39 11.85 7.93
Tax 4.13 2.05 1.89 3.18 1.29
Profit After Tax 10.6 6.79 4.51 8.67 6.65
Adjusted EPS (Rs) 1.37 0.88 0.58 1.12 0.86

Share Holding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Sep 2024 72.5 0
Jun 2024 72.5 0
Mar 2024 72.46 0
Dec 2023 72.46 0
Sep 2023 72.46 0
* Figures given above are % of equity capital

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Profit from operations 22.09 27.64 37.99 32.93 39.16
Adjustment 4.31 3.19 2.96 7.15 -10.07
Changes in Assets & Liabilities -4.9 -23.33 -37.47 23.08 -24.44
Tax Paid -8.28 -7.55 -8.74 -10.1 -11.69
Operating Cash Flow 13.21 -0.05 -5.25 53.06 -7.04
Investing Cash Flow -3.88 -2.99 -4.56 -56.32 -313.61
Financing Cash Flow -4.64 -3.37 10.27 2.68 329.33
Net Cash Flow 4.7 -6.41 0.46 -0.58 8.68
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