IKIO Lighting IPO
LED Lighting / Consumer Electricals - Listed on 16 June 2023
IKIO Lighting IPO listing summary
IKIO Lighting (LED Lighting / Consumer Electricals) closed its IPO window in 2023 and listed on NSE and BSE on 16 June 2023 at an upper band issue price of Rs 285, opening at Rs 392.5 for a listing gain of +37.7% and closing day one at Rs 403.9 (+41.7% on closing basis). The IPO was subscribed 66.30x overall - QIB 163.58x, HNI/NII 63.35x, Retail 13.86x. The total issue size was Rs 606.5 Cr (Fresh Issue Rs 350 Cr, OFS Rs 256.5 Cr). IPO GMP data, subscription trends across Day 1 - Day 3 and Nifty performance around the listing window are detailed below.
Listing day performance
Subscription breakdown
Final (Day 3) subscription
Number of times each investor category subscribed by close of Day 3.
Day-wise overall subscription
How overall subscription built up across the three-day issue window.
IKIO Lighting IPO GMP history
Grey market premium (GMP) tracked day-by-day across the IPO window. Absolute GMP is the premium in rupees over the upper issue price; GMP % is that premium as a percent of the issue price.
| Day | GMP (Rs) | GMP % |
|---|---|---|
| Day 1 | Rs 85 | +29.82% |
| Day 2 | Rs 85 | +29.82% |
| Day 3 | Rs 88 | +30.88% |
| Day 4 | Rs 100 | +35.09% |
| Day 5 | Rs 110 | +38.60% |
GMP Prediction vs IPOGyani AI Prediction
Comparison between market-based GMP prediction and IPOGyani's AI-powered listing gain prediction.
Issue & financials
Market context at listing
How the broader market moved around the IKIO Lighting IPO window. Helpful for isolating how much of the listing gain came from company fundamentals vs. market tailwind.
IKIO Lighting IPO - FAQs
What was the listing gain of IKIO Lighting IPO?
IKIO Lighting IPO listed at +37.7% versus the upper issue price of Rs 285 on 16 June 2023.
How many times was IKIO Lighting IPO subscribed?
IKIO Lighting IPO was subscribed 66.30x overall. QIB portion was subscribed 163.58x, HNI / NII 63.35x and Retail 13.86x.
What was the IPO GMP for IKIO Lighting?
IPO GMP started at Rs 85 on Day 1 and moved to Rs 110 by the close of the issue window. See the day-by-day GMP table above for the full trajectory.