IKIO Technologies Ltd IPO |
Registered Office:
411 Arunachal Building,19 Barakhamba Road Conna.Place
,
New Delhi
-
110001
,
New Delhi
, India.
Phone :
91-120-4116186 Fax:
Email : secretarial@ikiolighting.com
Website : www.ikio.in
|
| Initial public offering of 21,280,701^ equity shares of face value of (Rs)10 each ("Equity Shares") of the company for cash at a price of (Rs)285 per equity share (including a share premium of (Rs)275 per equity share) ("Offer Price") aggregating to (Rs)606.50 crores^ (the "Offer") comprising a fresh issue of 12,280,701^ equity shares aggregating to (Rs)350.00 crores^ by the company (the "Fresh Issue") and an offer for sale of 9,000,000^ equity shares (the "Offered Shares") aggregating to (Rs)256.50 crores^ comprising offer for sale of 6,000,000^ equity shares by Hardeep Singh aggregating to (Rs)171.00 crores^ and 3,000,000^ equity shares by Surmeet Kaur aggregating to (Rs)85.50 crores^ (the "Selling Shareholders", and such equity shares offered by the selling shareholders, the "Offered Shares") (such offer for sale by the selling shareholders, the "Offer for Sale" and together with the fresh issue, "The Offer"). The offer constitutes 27.54 % of the post-offer paid-up equity share capital of the company.
The face value of the equity share is (Rs)10 each and the offer price is 28.5 times the face value of the equity shares.
^Subject to finalisation of basis of allotment.
|
| Issue |
Money Payable On |
| Opens On |
Closes On |
Application |
Allotment |
| 06-Jun-23 |
08-Jun-23 |
(Rs)285.00-0.00 |
(Rs)0.00-0.00 |
| Minimum Application for shares in Nos :52 Further Multiples of :52 |
| |
(Rs Cr) |
Lead Managers to the Issue |
| Project Cost |
329.27 |
| Motilal Oswal Investment Advisors Ltd |
|
| Project Financed through Current Offer |
606.50 |
|
| Post Issue Equity Share Capital |
77.28 |
|
| Issue Price |
(Rs)285.00 |
|
|