IKIO Lighting Ltd.
Industry:
Electronics - Components
Issue Details
Open Date
06 Jun 2023Close Date
08 Jun 2023Size (in Crs.)
606.5
Size (Shares)
-Listing On
BSE, NSE
Issue Terms
Price Range
-15Lot Size
52
Type
Book building
Face Value
10
Market Lot
1
Objective of the Issue
1. Repayment/ prepayment, in full or part, of certain borrowings availed by our Company and its Subsidiaries on consolidated basis2. Investment in our wholly owned Subsidiary, IKIO Solutions Private Limited, for setting up a new facility at Noida, Uttar Pradesh3. General corporate purposes
Description
We are 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. We are 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. We also work with our customers to develop, manufacture and supply products that are designed by our customers. Our products ar... Show More
Address
411, Arunachal Building , 19 Barakhamba Road , Connaught Place
New Delhi
110001
Promoter Holding
Promoters:
Hardeep Singh , Surmeet Kaur
Total Share Capital
64999662
Offered to Public
21280701
% Promoter's Holding (Pre-Issue)
100
% Promoter's Holding (Post-Issue)
72.46
Shares on offer
Total Share Offer
64999662
Of above offred to public
21280701
Post Issue shares
NA
Post Issue Promoters
72.46
Lead Managers to the Issue:
Motilal Oswal Investment Advisors Pvt Ltd
Registrar Details
Registrar Name:
K FIN Technologies Ltd.-(Karvy Fintech Pvt Ltd.)
Address
Karvy Selenium Tower B, Plot 31-32 , Gachibowli,Financial District , Nanakramguda , Hyderabad
500032