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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 ₹91.00 per share . The lot size for an application is 1,200. The minimum amount of investment required by an retail is ₹1,02,000 (1200 shares). The minimum lot size investment for 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 Date | June 24, 2025 to June 26, 2025 |
| Listing Date | July 1, 2025 |
| Face Value | ₹10 per share |
| Issue Price Band | ₹85 to ₹91 per share |
| Issue Price Final | ₹91 per share |
| Lot Size | 1,200 Shares |
| Sale Type | Fresh Capital |
| Total Issue Size | 21,00,000 shares (aggregating up to ₹19.11 Cr) |
| Reserved for Market Maker | 1,05,600 shares Nikunj Stock Brokers Ltd. (aggregating up to ₹0.9610 Cr) |
| Net Offered to Public | 19,94,400 shares (aggregating up to ₹18.15 Cr) |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE SME |
| Share Holding Pre Issue | 57,59,600 shares |
| Share Holding Post Issue | 78,59,600 shares |
Icon Facilitators IPO offers total 21,00,000 shares. Out of which 1,00,800 (4.80%) allocated to QIB, 9,46,800 (45.09%) allocated to NII, 9,46,800 (45.09%) allocated to RII.
| Investor Category | Shares Offered |
|---|---|
| Market Maker Shares Offered | 1,05,600 (5.03%) |
| QIB Shares Offered | 1,00,800 (4.80%) |
| NII (HNI) Shares Offered | 9,46,800 (45.09%) |
| Retail Shares Offered | 9,46,800 (45.09%) |
| Total Shares Offered | 21,00,000 (100.00%) |
Icon Facilitators IPO opens on June 24, 2025, and closes on June 26, 2025.
| IPO Open Date | Tue, Jun 24, 2025 |
| IPO Close Date | Thu, Jun 26, 2025 |
| Tentative Allotment | Fri, Jun 27, 2025 |
| Initiation of Refunds | Mon, Jun 30, 2025 |
| Credit of Shares to Demat | Mon, Jun 30, 2025 |
| Tentative Listing Date | Tue, Jul 1, 2025 |
| Cut-off time for UPI mandate confirmation | 5 PM on Thu, Jun 26, 2025 |
Investors can bid for a minimum of 1,200 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Individual Investors (Retail) and HNI in terms of shares and amount.
| 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 |
Note : The value will be calculated using Equity Dilution = Share Holding Pre Issue - Share Holding Post Issue
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 Limited'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 |
| Total Borrowing | 0.00 | 0.00 | 0.00 |
| Amount in ₹ Crore | |||
The market capitalization of Icon Facilitators IPO is ₹71.52 Cr.
KPI as of Sun, Mar 31, 2024.
| KPI | Values |
|---|---|
| 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 Rs | 7.76 | 5.69 |
| P/E (x) | 11.72 | 16 |
The Company Icon Facilitators IPO proposes to utilise the Net Proceeds from the Issue towards the following objects:
| S.No. | Objects of the Issue | Expected Amount (₹ in crores) |
|---|---|---|
| 1 | Working Capital Requirement | 16.00 |
| 2 | General Corporate Purpose | 2.00 |
[Dilip Davda] IFL is engaged in offering focused and integrated business services for B2B segment. Though it posted growth in its top lines for the last three fiscals, it marked inconsistency in its bottom lines. The boosted top and bottom lines for FY25 i.e., in pre-IPO year raise eyebrows and its sustainability going forward as it is operating in a highly competitive and fragmented segment. Based on its recent financial data, the issue appears aggressively priced. Small equity base post-IPO indicates longer gestation period for migration. There is no harm in skipping this pricey bet being “High Risk/Low Return”. Read detail review...
| Listing Date | July 1, 2025 |
| BSE Script Code | 544426 |
| NSE Symbol | |
| ISIN | INE0Y0E01012 |
| Final Issue Price | ₹91 per share |
| BSE Listing Group | M |
| Price Details | BSE SME |
|---|---|
| Final Issue Price | ₹91.00 |
| Open | ₹90.00 |
| Low | ₹85.50 |
| High | ₹90.00 |
| Last Trade | ₹85.50 |
Icon Facilitators Ltd.
C-28,
2nd Floor Community Centre,
Janakpuri
New Delhi, New Delhi, 110058
Phone: +91-9625930130
Email: cs@iconf.in
Website: http://www.iconf.in/
Maashitla Securities Pvt.Ltd.
Phone: +91-11-45121795-96
Email: ipo@maashitla.com
Website: https://maashitla.com/allotment-status/public-issues
Icon Facilitators IPO is a SME IPO of 21,00,000 equity shares of the face value of ₹10 aggregating up to ₹19.11 Crores. The issue is priced at ₹91 per share. The minimum order quantity is 1200.
The IPO opens on June 24, 2025, and closes on June 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 June 24, 2025 and closes on June 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 Monday, June 30, 2025. Check the Icon Facilitators IPO allotment status.
The Icon Facilitators IPO listing date is on Tuesday, July 1, 2025.
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