
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
Overall Subscription
2.49x
Total Demand
QIB Multiplier
2.18x
Institutions & Funds
NII / HNI
0.92x
High Net-Worth
Retail (RII)
4.10x
Individual Bidders
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| QIB | 100,800 | 219,600 | 2.18x |
| NIB | 946,800 | 870,000 | 0.92x |
| RETAIL | 946,800 | 3,882,000 | 4.10x |
| Total | 1,994,400 | 4,971,600 | 2.49x |
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| Retail (RII) | 613 | 2,513 | 4.10x |
| HNIs (10L +) | 4 | 4 | 0.92x |
| HNIs (2-10L) | 19 | 17 | 0.92x |
| Total Applications | 636 | 2,534 | 3.98x |
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
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.
Currently, Icon Facilitators Limited IPO Grey Market Premium (GMP) is not actively quoted or is quoted flat at ₹0. The shares are expected to list close to the issue price band of ₹85 to ₹91 per equity share.
The retail lot size is 1200 shares requiring a minimum application amount of ₹1,09,200. Expected listing price is ₹91 per equity share.
The Icon Facilitators Limited IPO aggregate issue size is ₹19.11 Crores with an equity price band set at ₹85 to ₹91 per equity share. The retail lot size is 1200 shares requiring a minimum capital outlay of approx. ₹1,09,200.
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 2.49x (Retail: 4.10x, QIB: 2.18x, NII: 0.92x). You can track live multiples directly on our dedicated subscription page.
The basis of allotment will be published on the official registrar portal (Maashitla Securities Private Limited) and the BSE status verification website on or around 2025-06-27. Investors can verify status using PAN card or application number.
Icon Facilitators Limited shares are scheduled to list on BSE on 2025-07-01.