IKIO Lighting Limited IPO
IKIO Lighting Limited was a mainboard IPO in the Consumer Electronics sector, offered at ₹270–₹285 per share to raise ₹256 crore. The issue was subscribed 66.3× overall (QIBs 163.58×, NIIs 63.35×, retail 13.86×). It listed on 16 Jun 2023 at ₹392 and closed its first day at ₹404, a listing gain of +41.7% versus the ₹285 issue price. It now trades around ₹161 (-43.5% versus the issue price).
Frequently asked questions
- How many times was the IKIO Lighting Limited IPO subscribed?
- The IKIO Lighting Limited IPO was subscribed 66.3× overall — 163.58× in the QIB category, 63.35× among non-institutional investors, 13.86× in retail.
- What were the IKIO Lighting Limited IPO listing gains?
- IKIO Lighting Limited listed on 16 Jun 2023 at ₹392, closing its first day at ₹404 — a listing gain of +41.7% versus the ₹285 issue price.
- What were the retail allotment odds for the IKIO Lighting Limited IPO?
- Retail was subscribed 14.37×, so a single-lot application had roughly a 7% chance of allotment (about 1 in 14), and allotment was finalised on 12 Jun 2023.
- What was the price band and lot size of the IKIO Lighting Limited IPO?
- The price band was ₹270–₹285 per share, with a minimum lot of 52 shares (₹14,820 at the upper band).
- Who were the registrar and lead manager for the IKIO Lighting Limited IPO?
- KFin Technologies Limited was the registrar, and Motilal Oswal was the book-running lead manager.