IKIO IPO Review | Should Subscribe or avoid | Samco | Latest IPO Review
IKIO Lighting has come up with an IPO of Rs. 593–607 crore.
In today's video, our research analyst, Siddhesh Mehta, shares with us a complete overview of the company, its business, and the ongoing IPO.
So, watch the interview to know if the IPO is worth investing in.
IPO Details:
IPO Start Date 06th June 2023
IPO End Date 08th June 2023
Price Band Rs. 270 – Rs. 285 per share
Lot Size 52 shares and in multiples thereof
Face Value Rs. 10 per share
Issue Size Rs. 593 - 607 crores
Fresh issue aggregates to Rs. 350 crores
Offer for sale of 90,00,000 equity shares
Kindly read our view on the IPO by clicking on the below link -
https://www.samco.in/ipo/ikio-lightin...
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About the company:
IKIO Lighting Limited is an Indian manufacturer of LED lighting solutions, with a strong focus on sustainability and low-energy products to support India's sustainability goals. It has a fully integrated manufacturing infrastructure, capable of producing ingenious LED lighting products. The product portfolio can be categorized as LED lighting, refrigeration lights, ABS piping & other products. IKIO’s LED lighting offerings target the premium segment, while also providing lighting solutions for commercial refrigeration equipment suppliers.