What is IPO Grey Market Premium (GMP)?

IPO Grey Market Premium (GMP) is an unofficial, over-the-counter premium over the issue price that dealers and investors pay prior to official listing on NSE/BSE.

How is estimated IPO listing price determined?

Estimated Listing Price = Cut-off / Issue Price + Current Grey Market Premium (GMP). For example, an issue price of ₹100 with ₹40 GMP yields an estimated listing price of ₹140 (+40%).

What is Kostak rate in an IPO?

Kostak rate is the fixed profit earned by selling an IPO application before allotment, irrespective of whether the application is allotted shares or not.

What is Subject to Sauda in IPO trading?

Subject to Sauda is an informal contract where payment is made only if the seller receives share allotment in the IPO.

Is IPO Grey Market Premium (GMP) regulated by SEBI?

No. Grey Market transactions are non-exchange over-the-counter commitments and are not officially regulated or endorsed by SEBI. Investors should treat GMP as an informal sentiment indicator.

What is the current subscription status of Ikio Lighting Limited IPO?

Ikio Lighting Limited IPO has received a total subscription of 66.29 times overall.

IPO GreyPremiumLIVE

Grey Market Intelligence

Ikio Lighting Limited

ListedMainboard

Electrical & Electronics · NSE / BSE

Incorporated in 2016, IKIO Lighting Limited is an Indian manufacturer specializing in LED lighting solutions, focusing on sustainability and energy efficiency. The company operates as an Original Design Manufacturer (ODM), designing, developing, and producing products for clients who market them under their own brands. Its product portfolio includes LED lighting, refrigeration lights, ABS piping, and related components. IKIO primarily serves the premium lighting segment with customized fittings, fixtures, and accessories. The company reported total revenues of ₹3,339.95 million in FY 2022, ₹2,218.28 million in FY 2020, and ₹1,721.72 million in FY 2021.

Price Band

₹270 – ₹285

Issue Size

₹607 Cr

Lot Size

52 shares

GMP

₹100

+35.1%

Est. Listing

₹385

at current GMP

Subscribed

66.29x

overall

Open

6 Jun 2023

8 Jun 2023

Allotment

13 Jun 2023

Refund

14 Jun 2023

Demat Credit

15 Jun 2023

Listing

16 Jun 2023

Last updated 12 days ago

Overview Live GMP Subscription Status Allotment Status Filing Documents

Overall Subscription

66.29x

Total Demand

QIB Multiplier

172.67x

Institutions & Funds

NII / HNI

66.87x

High Net-Worth

Retail (RII)

14.63x

Individual Bidders

Category-Wise Subscription Breakup

Live bidding breakdown by institutional, non-institutional, and retail investors

Total 66.29x

Category	Shares Offered	Shares Applied / Bid	Times Subscribed
QIB	4,019,298	694,010,148	172.67x
NIB	3,121,053	208,713,284	66.87x
HNIs(10L +)	2,080,701	146,860,324	70.58x
HNIs (2-10L)	1,040,352	61,852,960	59.45x
RETAIL	7,282,456	106,553,460	14.63x
Total	17,543,860	1,217,990,176	66.29x

Application-Wise Breakup

Total unique applications received across retail and HNI tranches

Apps 16.49x

Category	Applications Reserved	Applications Received	Times Subscribed
Retail (RII)	143,236	2,095,543	14.63x
HNIs (10L +)	916	61,253	66.87x
HNIs (2-10L)	4,385	293,225	66.87x
Total Applications	148,537	2,450,021	16.49x

Day-Wise Subscription Progress

Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.

About Ikio Lighting Limited Public Issue & Market Profile

Ikio Lighting Limited is bringing an initial public offering (IPO) in the Electrical & Electronics sector with an aggregate issue size of ₹606.5 Crores. The shares are offered at a price band of ₹270 to ₹285 per equity share on NSE and BSE. Currently, traders and retail applicants are calculating expected listing gains and break-even points based on unofficial grey market quotations.

Bidding & Quota Instructions:

Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 52 shares (approx. ₹14,820 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 Schedule:

Allotment reconciliation will be managed by Kfin Technologies Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2023-06-15, while un-allotted funds or UPI block mandates will be released on 2023-06-14.

Frequently Asked Questions

What is Ikio Lighting Limited IPO GMP today?

The latest Grey Market Premium (GMP) for Ikio Lighting Limited IPO is ₹100 per equity share. Based on the upper price band of ₹270 to ₹285 per equity share, the estimated listing price is ₹385 (+35.1% expected listing gain).

What is the expected profit per lot for Ikio Lighting Limited IPO?

With a lot size of 52 shares and current GMP of ₹100, the expected profit per application lot is approx ₹5,200 (+35.1% gain). Minimum application cost is approx ₹14,820.

What is the issue size and price band for Ikio Lighting Limited IPO?

The Ikio Lighting Limited IPO aggregate issue size is ₹606.5 Crores with an equity price band set at ₹270 to ₹285 per equity share. The retail lot size is 52 shares requiring a minimum capital outlay of approx. ₹14,820.

How can I check Ikio Lighting Limited IPO live subscription demand?

Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 66.29x (Retail: 14.63x, QIB: 172.67x, NII: 66.87x). You can track live multiples directly on our dedicated subscription page.

Where and when will Ikio Lighting Limited IPO allotment status be published?

The basis of allotment will be published on the official registrar portal (Kfin Technologies Limited) and the BSE status verification website on or around 2023-06-13. Investors can verify status using PAN card or application number.

When is the listing date for Ikio Lighting Limited IPO?

Ikio Lighting Limited shares are scheduled to list on NSE and BSE on 2023-06-16.