Icon Facilitators Ltd
Complete IPO details, including price band, financials, subscription status, and key insights.
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IPO Snapshot
Key metrics and details at a glance.
Price Band
₹91
Per ShareLot Size
1200 Shares
Minimum Investment
₹1,09,200
Issue Size
₹19.11 Cr
Face Value
₹10
Per ShareIPO Type
Book Building - SME
Retail Quota
47.48%
QIB Quota
5.05%
NII Quota
47.47%
IPO Timeline
Important dates for your applying strategy.
Subscription Status
Live demand across investor categories.
Track real-time subscription levels:
*Real-time data subject to exchange updates
Icon Facilitators Ltd
Business model, operations, and market positioning.
Promoter Holding (Pre-Issue)
95.65%
Promoter Holding (Post-Issue)
70.09%
Issue Type
Book Building - SME
ISIN
INE0Y0E01012
About the Company
The Company provides wide array of Technical Facility Management services under one umbrella, such as (i) Electrical System Management Operation (ii) Captive Power Management (iii) STP/ETP and Water Treatment (iv) HVAC Management (v) Building Management System (BMS) (vi) Fire & Safety Equipment's (vii) Elevators Escalators Operations & Maintenance and (viii) Annual Maintenance Contract of E & M Equipment. The Company provides complete bouquet of solutions to all commercial, retail, industrial and residential clients. The Company Operation are mainly concentrated in the Northern part of India, having major presence in Haryana, Uttar Pradesh and Delhi, other geographies include Punjab, Rajasthan and Himachal Pradesh.
Industry Overview
The Company operates primarily in Facility Management Industry. The facility management industry encompasses the integrated management of buildings and its systems, focusing on maintaining functionality, safety, and efficiency. It includes services like maintenance, security, cleaning, and energy management across sectors like commercial, industrial, and residential.
Company History
Icon Facilitators Limited was incorporated on September 20, 2013, as `Icon Facilitators Private Limited', a private limited company under provisions of the Companies Act, 1956, pursuant to a certificate of incorporation bearing CIN U93000DL2013PTC258273 issued by the Registrar of Companies, National Capital Territory of Delhi & Haryana ("RoC"). Subsequently, pursuant to a resolution passed by the Shareholders in an Extra-Ordinary General Meeting held on February 17, 2024, the Company was converted from a private limited company to a public limited company and a fresh certificate of incorporation bearing CIN U93000DL2013PLC258273 was issued by the Registrar of Companies, National Capital Territory of Delhi and Haryana ("RoC") on June 05, 2024.
Products & Services
- The Company provides wide array of Technical Facility Management services under one umbrella.
Growth Strategy
- To Maintain and Expand our Current Business Relationships
- Quality Assurance ensuring standardized quality of our services
- To target pan-India and regional contracts.
- To focus on Operational efficiency
Customer Base
Wholesaler and Retailer
Financial Performance
Revenue, profit after tax and total assets across the last 3 reported financial years.
Revenue
Amount in ₹ crore
Profit After Tax (PAT)
Amount in ₹ crore
Total Assets
Amount in ₹ crore
Figures in ₹ crore, on a standalone basis, as reported for FY24 to FY26.
Objects of the Issue
How the company plans to utilize IPO proceeds.
Use of Proceeds
The funds raised through this IPO will be used for:
Initial public issue of up to 21,00,000 equity shares of face value of Rs.10 each ("equity shares") of the company for cash at a price of Rs. 91 per equity share (including a share premium of Rs. 81 per equity share) ("issue price") aggregating up to Rs. 19.11 crores ("issue / offer"). this issue includes a reservation of up to 1,05,600 equity shares aggregating up to Rs. 0.96 crores for subscription by market maker ("market maker reservation portion"). The issue less the market maker reservation portion is hereinafter referred to as the "net issue". The issue and the net issue shall constitute 26.72% and 25.38%, respectively, of the post-issue paid-up equity share capital of the company, respectively.
*Subject to approvals and market conditions.
Strengths & Risks
Key competitive advantages and factors to consider before investing.
- Strong, experienced and dedicated senior management team and qualified workforce.
- Geographical presence in 5 States and 1 Union Territory.
- Ability to provide good quality services and customer satisfaction.
- Ability to scout for new opportunities and capitalising the same.
- Consistent track record of growth and financial performance.
- Its business is largely concentrated in North India and is affected by various factors associated with these states.
- The Company has reported certain negative cash flows from its operating activities, investing activities and financing activities, details of which are given below. Sustained negative cash flow could impact its growth and business.
- The company has a large workforce deployed across workplaces and customer premises. Consequently, its may be exposed to service-related claims and losses or employee disruptions, as well as employee related regulatory risks, that could have an adverse effect on its reputation, business, cash flows, results of operations and financial condition.
- There have been certain instances of delays in payment of certain statutory dues by the company. Any further delays in payment of statutory dues may attract financial penalties from the respective government authorities and in turn may have a material adverse impact on its financial condition and cash flows.
- There have been instances of delays of certain forms which were required to be filed as per the reporting requirements under the Companies Act, 2013 to the Registrar of Companies.