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Complete IPO details, including price band, financials, subscription status, and key insights.
Participate in the IKIO Technologies Ltd IPO with full transparency. Review issue details, company fundamentals, and financial performance, and apply securely through Alice Blue.
Key metrics and details at a glance.
Price Band
₹285
Per ShareLot Size
52 Shares
Minimum Investment
₹14,820
Issue Size
₹593 Cr
Face Value
₹10
Per ShareIPO Type
Book Building
Retail Quota
35%
QIB Quota
50%
NII Quota
15%
Important dates for your applying strategy.
Business model, operations, and market positioning.
Promoter Holding (Pre-Issue)
100%
Issue Type
Book Building
ISIN
INE0LOJ01019
IKIO Lighting Limited is an Indian manufacturer of light emitting diode ("LED") lighting solutions. We are focused on sustainability and providing low energy LED products to help India meet its sustainability goals. The Company is primarily an original design manufacturer ("ODM") and design, develop, manufacture and supply products to customers who then further distribute these products under their own brands. It also works with its customers to develop, manufacture and supply products that are designed by its customers. Its products are categorised as (i) LED lighting; (ii) refrigeration lights; (iii) ABS (acrylonitrile butadiene styrene) piping; and (iv) other products. Its LED lighting offerings focus on the premium segment and include lighting, fittings, fixtures, accessories and components. It provides lighting solutions (lights, drivers and controls) to commercial refrigeration equipment suppliers under its refrigeration light segment. It also manufactures an alternative to polyvinyl chloride ("PVC") piping called ABS piping that is primarily used by its US customers for plumbing applications in the recreational vehicles ("RVs") that they fit out. In addition, it manufactures and assemble other products including fan regulators that are designed by its clients; light strips, moulding, and other components and spares. its equipment and systems are used in various industries and products, including residential, industrial and commercial lighting.
Revenue, profit after tax and total assets across the last 3 reported financial years.
Amount in ₹ crore
How the company plans to utilize IPO proceeds.
The funds raised through this IPO will be used for:
Initial public offering of 21,280,701^ equity shares of face value of Rs. 10 each ("Equity Shares") of the company for cash at a price of Rs. 285 per equity share (including a share premium of Rs. 275 per equity share) ("Offer Price") aggregating to Rs. 606.50 crores^ (the "Offer") comprising a fresh issue of 12,280,701^ equity shares aggregating to Rs. 350.00 crores^ by the company (the "Fresh Issue") and an offer for sale of 9,000,000^ equity shares (the "Offered Shares") aggregating to Rs. 256.50 crores^ comprising offer for sale of 6,000,000^ equity shares by Hardeep Singh aggregating to Rs. 171.00 crores^ and 3,000,000^ equity shares by Surmeet Kaur aggregating to Rs. 85.50 crores^ (the "Selling Shareholders", and such equity shares offered by the selling shareholders, the "Offered Shares") (such offer for sale by the selling shareholders, the "Offer for Sale" and together with the fresh issue, "The Offer"). The offer constitutes 27.54 % of the post-offer paid-up equity share capital of the company. The face value of the equity share is Rs. 10 each and the offer price is 28.5 times the face value of the equity shares. ^Subject to finalisation of basis of allotment.
*Subject to approvals and market conditions.
Key competitive advantages and factors to consider before investing.
Live demand across investor categories.
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*Real-time data subject to exchange updates
The global electronics manufacturing services market is traditionally comprised of companies that manufacture electronic products, predominantly assembling components on printed circuit boards (PCBs) and box builds for major brands. Today, brands are seeing more value from EMS companies, leading to involvement beyond just manufacturing services to include product design and development, testing, and aftersales services such as repair, remanufacturing, marketing, and product lifecycle management. The EMS market was established more than five decades ago to execute manufacturing designs from government, defence, and research institutions. As the years progressed, the EMS market grew to support the demand that exceeded the manufacturing capacity of the brands. By the mid-1990s, the advantages of the EMS concept became extremely evident and major brands started outsourcing PCB assembly on a large scale. By the end of the 1990s and early 2000s, several brands having their own manufacturing facilities sold their assembly plants to the EMS players, aggressively striving for market share. A wave of partnerships followed as the more cash-rich EMS companies started buying the existing plants and the smaller EMS companies to consolidate their position in the global market.
The Company was incorporated as KIO Lighting Private Limited' under the Companies Act, 2013, pursuant to the certificate of incorporation issued by the Registrar of Companies, Delhi and Haryana at New Delhi ("RoC") on March 21, 2016. The name of the Company was subsequently changed to KIO Lighting Limited', upon conversion into a public company, pursuant to a board resolution dated January 3, 2022 and a shareholders' resolution dated January 31, 2022, and a fresh certificate of change of name was issued on April 18, 2022 by the RoC.
Wholesalers and Retailers
Amount in ₹ crore
Amount in ₹ crore
Figures in ₹ crore, on a consolidated basis, as reported for FY24 to FY26.