Bookbuilding IPO | ₹19 Cr | Listed at BSE SME | Tue, Jun 24, 2025 - Thu, Jun 26, 2025
Icon Facilitators IPO is a book build issue of ₹19.11 crores. The issue is entirely a fresh issue of 0.21 crore shares of ₹19.11 crore.
Icon Facilitators IPO bidding started from Jun 24, 2025 and ended on Jun 26, 2025. The allotment for Icon Facilitators IPO was finalized on Jun 27, 2025. The shares got listed on BSE SME on Jul 1, 2025.
Icon Facilitators IPO price band is set at ₹91 per share. The lot size for an application is 1,200. The minimum amount of investment required by an retail is ₹1,09,200 (1200 shares) (based on upper price). The minimum lot size for investment in HNI is 2 lots (2,400 shares), amounting to ₹2,18,400.
Khambatta Securities Ltd. is the book running lead manager and Maashitla Securities Pvt.Ltd. is the registrar of the issue. The Market Maker of the company is Nikunj Stock Brokers Ltd..
Refer to Icon Facilitators IPO RHP for detailed Information.
IPO Open
Tue, Jun 24, 2025
IPO Close
Thu, Jun 26, 2025
Issue Price
₹91 per share
Market Cap (Pre-IPO)
₹71.52 Cr
| IPO Date | 24 to 26 Jun, 2025 |
| Listed on | Tue, Jul 1, 2025 |
| Face Value | ₹10 per share |
| Price Band | ₹85 to ₹91 |
| Issue Price | ₹91 per share |
| Lot Size | 1,200 Shares |
| Sale Type | Fresh capital only |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE SME |
| Total Issue Size | 21,00,000 shares (agg. up to ₹19 Cr) |
| Reserved for Market Maker | 1,05,600 shares Nikunj Stock Brokers Ltd. (agg. up to ₹0.9610 Cr) |
| Fresh Issue (Ex Market Maker) | 19,94,400 shares (agg. up to ₹18 Cr) |
| Net Offered to Public | 19,94,400 shares (agg. up to ₹18 Cr) |
| Share Holding Pre Issue | 57,59,600 shares |
| Share Holding Post Issue | 78,59,600 shares |
| BSE Script Code | 544426 |
| ISIN | INE0Y0E01012 |
Icon Facilitators IPO comprises a total issue size of 21,00,000 shares. The net offer to the public is 19,94,400 shares, after excluding 1,05,600 shares allotted on a firm basis. Of the Net offer 1,00,800 (5.05%) are allocated to QIB, 9,46,800 (47.47%) allocated to NII 9,46,800 (47.47%) allocated to RII.
| Investor Category | Shares Offered | % of Net Issue | % of Total Issue |
|---|---|---|---|
| QIB Shares Offered | 1,00,800 | 5.05% | 4.80% |
| NII (HNI) Shares Offered | 9,46,800 | 47.47% | 45.09% |
| Retail Shares Offered | 9,46,800 | 47.47% | 45.09% |
| Firm Reservations | |||
| Market Maker Shares Offered | 1,05,600 | 5.03% | |
| Total Shares Offered | 21,00,000 | 100.00% | 100.00% |
Investors can bid for a minimum of 1,200 shares and in multiples thereof.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1,200 | ₹1,09,200 |
| Retail (Max) | 1 | 1,200 | ₹1,09,200 |
| HNI (Min) | 2 | 2,400 | ₹2,18,400 |
Incorporated in 2002, Icon Facilitators Limited (IFL) is a facilities management company offering integrated technical services across India.
The company provides a comprehensive range of services, including electrical system management, HVAC operations, water treatment, fire and safety equipment maintenance, and more.
The company offers Integrated Facilities Management, covering soft services like housekeeping and pest control, and hard services like HVAC, electrical management, fire safety, and building operations.
The company operates mainly in Northern India with 127 sites, recently expanding to Bengaluru for growth. Mr. Basil Arun Keelor leads South India operations to strengthen the company’s presence.
Products:
As on May 15, 2025, the company has 1,955 employees on roll.
Competitive Strength:
Icon Facilitators Ltd.'s revenue increased by 16% and profit after tax (PAT) rose by 154% between the financial year ending with March 31, 2025 and March 31, 2024.
| Period Ended | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Assets | 23.95 | 17.66 | 14.93 |
| Total Income | 58.07 | 49.85 | 42.96 |
| Profit After Tax | 4.47 | 1.76 | 1.92 |
| EBITDA | 6.55 | 2.89 | 3.12 |
| NET Worth | 12.69 | 5.95 | 4.19 |
| Reserves and Surplus | 6.93 | 5.94 | 4.18 |
| Amount in ₹ Crore | |||
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Working Capital Requirement | 16.00 |
| 2 | General Corporate Purpose | 2.00 |
| KPI | Mar 31, 2024 |
|---|---|
| ROE | 35.23% |
| ROCE | 37.09% |
| Debt/Equity | 0.35 |
| RoNW | 35.23% |
| PAT Margin | 7.70% |
| EBITDA Margin | 11.28% |
| Price to Book Value | 4.05 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (₹) | 7.76 | 5.69 |
| P/E (x) | 11.72 | 16 |
| Promoter Holding | 95.65% | 70.09% |
| Market Cap | ₹71.52 Cr. |
The Icon Facilitators IPO is subscribed 2.49 times on June 26, 2025 5:04:39 PM (Day 3). The public issue subscribed 4.10 times in the retail category, 2.18 times in the QIB category, and 0.92 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) | Shares Offered | Shares bid for | Total Application |
|---|---|---|---|---|
| QIB | 2.18 | 1,00,800 | 2,19,600 | 0 |
| NII* | 0.92 | 9,46,800 | 8,67,600 | 0 |
| Retail | 4.10 | 9,46,800 | 38,80,800 | 0 |
| Total | 2.49 | 19,94,400 | 49,68,000 | 4,589 |
Total Application : 4,589
*Market Maker portion is not included to NII/HNI.
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Fees payable to the Book Running Lead Manager | 0.40 |
| 2 | Underwriting Commission | 0.19 |
| 3 | Fees Payable to Registrar to the Issue | 0.01 |
| 4 | Fees Payable to the legal advisor to the Issuer | 0.04 |
| 5 | Fees Payable Advertising, Marketing Expenses and Printing Expenses | 0.35 |
| 6 | Fees Payable to Regulators including Stock Exchange and other Intermediaries | 0.08 |
| 7 | Fees payable to Peer Review Auditor | 0.02 |
| 8 | Fees Payable to Market Maker (for first Year) | 0.03 |
| 9 | Processing fees to SCSBs for ASBA Applications procured by the members of the Syndicate or Registered Brokers and submitted with the SCSBs | 0.00 |
| 10 | Processing fees to Issuer banks for UPI Mechanism w.r.t application Forms procured by the members of the Syndicate, Registered Brokers, RTA or the CDPs and submitted to them | 0.00 |
| Price Details | BSE SME |
|---|---|
| Final Issue Price | ₹91.00 |
| Open | ₹90.00 |
| Low | ₹85.50 |
| High | ₹90.00 |
| Last Trade | ₹85.50 |
Lead Manager Reports
Icon Facilitators IPO is a SME IPO of 21,00,000 equity shares of the face value of ₹10 aggregating up to ₹19 Crores. The issue is priced at ₹91 per share. The minimum order quantity is 1200.
The IPO opens on Tue, Jun 24, 2025, and closes on Thu, Jun 26, 2025.
Maashitla Securities Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Zerodha customers can apply online in Icon Facilitators IPO using UPI as a payment gateway. Zerodha customers can apply in Icon Facilitators IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Icon Facilitators IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Icon Facilitators IPO opens on Tue, Jun 24, 2025 and closes on Thu, Jun 26, 2025.
Icon Facilitators IPO lot size is 1200, and the minimum amount required for application is ₹1,09,200.
You can apply in Icon Facilitators IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for Icon Facilitators IPO will be done on Friday, June 27, 2025, and the allotted shares will be credited to your demat account by Mon, Jun 30, 2025. Check the Icon Facilitators IPO allotment status.
The Icon Facilitators IPO listing date is on Tue, Jul 1, 2025.
