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IKIO Lighting Ltd IPO Details, Upcoming IPO

IKIO Lighting Ltd IPO Details, Upcoming IPO

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IKIO Lighting Ltd IPO Details:

IKIO Lighting Ltd. has announced public offering of 21280702 shares at a price of Rs 10.00 each for Cash at a Premium of Rs 275.00 per share. The gross proceeds of the issue are expected to be Rs 60,650.00 lakhs.

The company's initial public offer (IPO) will open on 06 June 2023 and is expected to close on 08 June 2023, subject to customary closing conditions. The price band of the issue has been fixed at Rs 270.00-285.00 per share.

The IPO includes a fresh Issue of 21280702 Equity Shares of the Company at an price of Rs 285.00 per Equity Share. The company has fixed the minimum bid lot for the issue at 52 shares with bids in multiples of 52.

IKIO Lighting Ltd. anticipates using the proceeds of the issue for .

Motilal Oswal Investment Advisors Pvt. Ltd. as lead manager & KFIN Technologies Pvt. Ltd. is the registrar, to the issue.

If the IKIO Lighting Ltd is something that you’re looking to invest in come 06 June 2023, it would be a good idea to start the demat account opening process right away.

Apply online IPO or Contact Libord Broking now to open demat account online within minutes, and install the LibordEasy app from google play store.

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