:::LALKAR GROUP::::

IKIO Technologies Ltd

Registered Office: 411 Arunachal Building,19 Barakhamba Road Conna.Place, New Delhi - 110001, New Delhi, India.
Phone : 91-120-4116186 Fax:
Email : secretarial@ikiolighting.com
Website : www.ikio.in

Initial public offering of 21,280,701^ equity shares of face value of Rs. 10 each ("Equity Shares") of the company for cash at a price of Rs. 285 per equity share (including a share premium of Rs. 275 per equity share) ("Offer Price") aggregating to Rs. 606.50 crores^ (the "Offer") comprising a fresh issue of 12,280,701^ equity shares aggregating to Rs. 350.00 crores^ by the company (the "Fresh Issue") and an offer for sale of 9,000,000^ equity shares (the "Offered Shares") aggregating to Rs. 256.50 crores^ comprising offer for sale of 6,000,000^ equity shares by Hardeep Singh aggregating to Rs. 171.00 crores^ and 3,000,000^ equity shares by Surmeet Kaur aggregating to Rs. 85.50 crores^ (the "Selling Shareholders", and such equity shares offered by the selling shareholders, the "Offered Shares") (such offer for sale by the selling shareholders, the "Offer for Sale" and together with the fresh issue, "The Offer"). The offer constitutes 27.54 % of the post-offer paid-up equity share capital of the company. The face value of the equity share is Rs. 10 each and the offer price is 28.5 times the face value of the equity shares. ^Subject to finalisation of basis of allotment.

Issue		Money Payable On
Opens On	Closes On	Application	Allotment
06-Jun-23	08-Jun-23	285.00-0.00	0.00-0.00

Minimum Application for shares in Nos : 52 Further Multiples of : 52

	(Rs)	Lead Managers to the Issue
Project Cost	329.27	Motilal Oswal Investment Advisors Ltd
Project Financed through Current Offer	606.50
Post Issue Equity Share Capital	77.28
Issue Price	285.00

Projects

Repayment/prepayment in full or part of certain borrowings availed by the company and its subsidiaries on consolidated basis	Investment in the wholly ownded subsidiary IKIO Solutions Pvt Ltd,
General Corporate Purposes

Promoted By

Hardeep Singh

Surmeet Kaur

Listing At

BSE

NSE

Registrar to the Issue

No Data Available