
Business Services · BSE
Icon Facilitators Limited (IFL), established in 2002, is a facilities management company that provides integrated technical services across India. Its offerings include a wide range of services such as electrical system management, HVAC operations, water treatment, and fire and safety equipment maintenance. IFL specializes in Integrated Facilities Management, combining soft services like housekeeping and pest control with hard services such as HVAC, electrical systems, fire safety, and overall building operations. The company primarily operates in Northern India, managing 127 sites, and has recently expanded to Bengaluru to support its growth strategy, with Mr. Basil Arun Keelor leading the South India operations. As of May 15, 2025, IFL employs 1,955 people.
Price Band
₹85 – ₹91
Issue Size
₹19.11 Cr
Lot Size
1200 shares
GMP
Est. Listing
₹91
at current GMP
Subscribed
2.49x
overall
Open
24 Jun 2025
Close
26 Jun 2025
Allotment
27 Jun 2025
Refund
28 Jun 2025
Demat Credit
29 Jun 2025
Listing
1 Jul 2025
Last updated: 19 Oct 2026
Current Premium
Issue Price (Upper)
₹91
Band: ₹85 – ₹91
Estimated Listing Price
₹91
Upper price + GMP
Lot Size
1200 shares
Min investment ₹1,09,200
Estimated Profit / Lot
₹0
1200 × ₹0
Grey Market Premium trend
—
▲ 0 today
Updated 1 minute ago
| Date | GMP (₹) | GMP % | Est. Listing |
|---|---|---|---|
| 31 Oct 2026 | — | 0.0% | ₹91 |
| 30 Oct 2026 | — | 0.0% | ₹91 |
| 29 Oct 2026 | — | 0.0% | ₹91 |
GMP is unofficial market data. Not a guarantee of listing performance.
Icon Facilitators Limited is bringing an initial public offering (IPO) in the Business Services sector with an aggregate issue size of ₹19.11 Crores. The shares are offered at a price band of ₹85 to ₹91 per equity share on BSE. Currently, traders and retail applicants are calculating expected listing gains and break-even points based on unofficial grey market quotations.
Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 1200 shares (approx. ₹1,09,200 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.
Allotment reconciliation will be managed by Maashitla Securities Private Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2025-06-29, while un-allotted funds or UPI block mandates will be released on 2025-06-28.
The latest grey market premium for Icon Facilitators Limited IPO is ₹0, which indicates an expected listing price of ₹91.
Kostak rate is the profit amount an investor earns by selling their entire IPO application in the grey market before allotment is finalized.
No. GMP is an unofficial indicator discovered between dealers outside of SEBI-regulated exchanges. Actual listing price is determined by demand-supply discovery on NSE/BSE during the pre-open auction.