IKIO Lighting IPO Subscription Details

Bookbuilding IPO | ₹606 Cr | Listed at BSE, NSE | Tue, Jun 6, 2023 - Thu, Jun 8, 2023

Basis of Allotment - IKIO Lighting IPO

Category QIB NII Retail Total
Ex. Anchor Anchor Investor Total QIB Below ₹10L Above ₹10L Total NII
Allocation (No. of shares)42,56,14063,84,2091,06,40,34910,64,03621,28,07031,92,10674,48,2462,12,80,701
Allotment price (Rs.)285285285285285285285285
No.of applications1361615279,46032,2121,11,67214,02,71415,14,538
No.of shares applied70,11,78,66071,21,08870,82,99,7486,19,44,48013,32,69,81219,52,14,29210,25,64,0201,00,60,78,060
Amount collected (Rs.cr.)19,983.59 202.95 20,186.54 1,765.42 3,798.19 5,563.61 2,923.07 28,673.22
No.of times subscribed164.751.1266.5758.2262.6261.1613.7747.28
No.of shares allotted42,56,14063,84,2091,06,40,34910,64,03621,28,07031,92,10674,48,2462,12,80,701
Amount (Rs.cr.)121.30 181.95 303.25 30.33 60.65 90.98 212.28 606.50
No.of allottees135161511,4612,9234,3841,43,2351,47,770

IPO Shares Offered

IKIO Lighting IPO is a public issue of 2.13 Cr equity shares. The issue offers 0.74 Cr shares to retail investors, 1.06 Cr shares to qualified institutional buyers, and 0.32 Cr shares to non-institutional investors.

CategoryShares OfferedAmt (₹ Cr.)Size (%)
QIB 1,06,40,349303.25 50.00%
    Anchor 63,84,209 181.95 30.00%
    QIB (Ex Anchor) 42,56,140 121.30 20.00%
NII 31,92,10690.98 15.00%
    bNII (> ₹10L)21,28,07060.65 10.00%
    sNII (< ₹10L)10,64,03630.33 5.00%
Retail74,48,246212.28 35.00%
Total2,12,80,701606.50 100%

IKIO Lighting IPO Anchor Investor Allocation

A total of 63,84,209 shares at a price of Rs 285 per share will be allotted to the anchor investors.

Anchor investors bid opening dateJun 05, 2023
Anchor investor price₹285.00
Anchor investors as % of QIBs60.00%
No. of shares locked-in for 30 days31,92,105
No. of shares locked-in for 90 days31,92,105
S.No.Anchor InvestorGroup EntityNo. of Shares AllottedAmount (Rs.cr.)% Allotment within Anchor Investor Portion% Allotment of Issue
1 HDFC LARGE & MID CAP FUND HDFC MUTUAL FUND 5,84,792 16.67 9.16 2.75
2 HDFC INFRASTRUCTURE FUND HDFC MUTUAL FUND 1,87,148 5.33 2.93 0.88
3 ICICI PRUDENTIAL FLEXICAP FUND ICICI PRUDENTIAL MUTUAL FUND 5,78,968 16.50 9.07 2.72
4 ICICI PRUDENTIAL INNOVATION FUND ICICI PRUDENTIAL MUTUAL FUND 1,92,972 5.50 3.02 0.91
5 GOLDMAN SACHS FUNDS-GOLDMAN SACHS INDIA EQUITY PORTFOLIO GOLDMAN SACHS 7,71,940 22.00 12.09 3.63
6 QUANT VALUE FUND QUANT MUTUAL FUND 5,94,529 16.94 9.31 2.79
7 MALABAR INDIA FUND LTD. MALABAR 4,91,244 14.00 7.69 2.31
8 MIRAE ASSET INDIA SECTOR LEADER EQUITY FUND MIRAE 2,45,648 7.00 3.85 1.15
9 MIRAE ASSET INDIA SOLOMON EQUITY INVESTMENT TRUST 1 MIRAE 2,45,648 7.00 3.85 1.15
10 ROHDEA MASTER FUND ROHDEA 4,91,244 14.00 7.69 2.31
11 MOTILAL OSWAL SELECT OPPORTUNITIES FUND-SERIES III MOTILAL OSWAL 4,91,244 14.00 7.69 2.31
12 COHESION MK BEST IDEAS SUB-TRUST COHESION MK 4,91,244 14.00 7.69 2.31
13 BENGAL FINANCE & INVESTMENT PVT.LTD. BENGAL FINANCE & INVESTMENT 4,91,244 14.00 7.69 2.31
14 ANANTA CAPITAL VENTURES FUND I ANANTA CAPITAL 1,75,448 5.00 2.75 0.82
15 CITIGROUP GLOBAL MARKETS MAURITIUS PVT.LTD. CITIGROUP 1,75,448 5.00 2.75 0.82
16 SOCIETE GENERALE SOCIETE GENERAL 1,75,448 5.00 2.75 0.82
63,84,209181.9510030.00

IKIO Lighting IPO Mutual Fund Scheme Allocation

Out of a total of 6,384,209 shares allotted to Anchor Investors, 2,138,409 shares will be allotted to 5 mutual funds through 5 schemes.

S.No.Mutual Fund SchemeNo. of Shares AllocatedBid Price Per Share (Rs.)Anchor Investor Portion (%)Total Amount Allocated (Rs.)
1hdfc large and mid cap fund584,7922859.16166,665,720
2hdfc trustee company ltd - hdfc infrastructure fund187,1482852.9353,337,180
3icici prudential flexicap fund578,9682859.07165,005,880
4icici prudential innovation fund192,9722853.0254,997,020
5quant mutual fund - quant value fund594,5292859.31169,440,765
2,138,40933609,446,565

IPO Subscription FAQs

The IKIO Lighting IPO is subscribed 67.75 times by Jun 08, 2023 19:02.

IKIO Lighting IPO Subscription

Investor Category Subscription (times)
Qualified Institutional163.06
Non Institutional65.38
Retail Individual14.31
Total Subscription67.75

Retail category of IKIO Lighting IPO subscribed 14.31 times as of date Jun 08, 2023 19:02. The public issue closes on Thu, Jun 8, 2023 for bidding.

An investor can apply in IKIO Lighting IPO online via bank (using ASBA) or the broker (using UPI). The IKIO Lighting IPO shares are offered online only.

The IKIO Lighting IPO is subscribed 67.75 times by Jun 08, 2023 19:02.

The IKIO Lighting IPO allotment status is expected on or around Tuesday, June 13, 2023. Visit IKIO Lighting IPO allotment status to check.

The IKIO Lighting IPO listing date is June 16, 2023. The equity share of IKIO Lighting IPO will list on BSE, NSE.

Visit IKIO Lighting IPO subscription status page for real-time bidding information about IKIO Lighting IPO.

IKIO Lighting IPO Timetable

IPO opens OnTuesday, June 6, 2023
IPO Closes OnThursday, June 8, 2023
Finalisation of Basis of AllotmentTuesday, June 13, 2023
Initiation of RefundsWednesday, June 14, 2023
Credit of Shares to Demat AccountThursday, June 15, 2023
IPO Listing DateFriday, June 16, 2023
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