IKIO Lighting IPO: The LED lighting solutions provider is looking to raise Rs 350 crore through a fresh issue and Rs 256.5 crore by way of offer for sale at the upper end of the Rs 270-285 price band
IKIO Lighting IPO: The initial public offering (IPO) of IKIO Lighting opened for subscription on Tuesday, June 6, 2023, and will close on June 8. Check price band, other IPO details. Watch this Visual Story to see if you should subscribe to the issue.
IKIO Lighting IPO Subscription Status: The IPO has been subscribed 1.55 times on the first day of the sale, according to BSE data. The majority of brokerages have given the IPO a ‘subscribe’ rating due to its solid business model and reasonable pricing.
IKIO Lighting, in an exchange filing, said it has finalised allocation of 63.84 lakh equity shares to anchor investors, at a price of Rs 285 per share, the upper price band.