A leading provider in the energy-efficient LED lighting industry.
The company sets forth on its journey to go public.
Price range set between 270 - 285 INR. Offering 607 million shares.
Financial analysts predict a successful IPO given the company's robust performance.
Investors can subscribe from 6th June 2023 to 8th June 2023 from their demat accounts.
According to IPO watch, shares of IKIO Lighting are commanding a premium (GMP) of Rs 105 in the grey market today. This translates to a likely listing price of Rs 390 on the upper price band.
Proceeds from the IPO will be used to expand business operations and invest in R&D.