IKIO Lighting Limited IPO Message Board (Page 37)

101-103

IKIO Lighting GMP 95 ~ 99 @ 09:30 AM # 04 June.
GMP on Fire 🔥🔥🚀🚀

Thanx sir keep updating

Shni 728 me pure allot hote hai ya
Different share kitni bhi qty wise ?????

IKIO LIGHTING
GMP 95-98 ⚡⚡

Nearing Century...✈✈✈

It will improve to 150 in the coming week

Bhai ye ikio ka hi ipo he na
MTAR tech ya devyani ki Tarah bhag raha he

Admin please charge money for posting comments.

.

.

In my opinion
Bhni 7x app wise
Retail 6x app wise

@Pratham : If premium sustain I think subscription much higher than expected
Retail 12 to 15X
Shni 40 to 45X
Bhni 25 to 30X
Might be I am wrong if premium drastically falls up to 10%

It's my personal opinion 🤞

Jsr and Skalyan
Understand the difference between your figures and mine
I am estimating app wise i.e. 2900 bhni forms multiplied by 7,
143000 retail forms multiplied by 6

You guys are giving fund wise. Means bhni/ retail quota fund multiplied by your figures above gives total fund received.
Mine gives total unique applications bid.

सिर्फ BHNI ही पैसा बनाएगा
पैसा पैसे को खिंचेगा

IKIO Lighting IPO – Schedule *(FINAL - RHP Page #491)*

01st June – Announcement of Price Band
05th June – Anchor Investors Allotment
06th June – Offer Opens
08th June – Offer Closes
13th June – Finalisation of Basis of Allotment
14th June – Unblocking of funds from ASBA Account
15th June – Credit of Equity Shares to Demat accounts
16th June – Commencement of Trading

IKIO Lighting IPO – Issue Information *(FINAL)*

Issue Opens on: 05th June 2023
Issue Closes on: 08th June 2023
Issue Type: Book Built Issue IPO
Issue Size: 2,12,80,701 Shares
Face Value: Rs.10/- per Share
Issue Price: Rs.270 – Rs.285 Share *(FINAL)*
Discount: NIL
Market Lot: 52 Shares
Listing At: NSE, BSE

Equity Shares outstanding prior to the Issue = 6,50,00,000 Shares
Fresh Issue of 1,22,80,701 Shares @285/- = Rs.350.00Crs
Offer for Sale of 90,00,000 Shares @285/- = Rs.256.50Crs
Equity Shares outstanding after the Issue = 7,72,80,701 Shares

Category-wise Break up:
Anchor – 63,84,211 Shares = 181.95Crs
QIB – 42,56,140 Shares = 121.30Crs
B-NII (>10L) – 21,28,070 Shares = 60.65Crs (Lot size: 728 = 2,923 Forms)
S-NII (2L-10L) – 10,64,035 Shares = 30.32Crs (Lot size: 728 = 1,462 Forms)
RII (<2L) – 74,48,245 Shares = 212.27Crs (Lot size: 52 = 1,43,235 Forms)
Total Issue – 2,12,80,701 Shares = 606.50Crs.

IKIO Lighting IPO – Financial Information (Basis of Valuation)

The information is collated from the following documents:
1) RHP = Red Herring Prospectus Dated May 29, 2023 (559 pages)

EPS for FY19-20 >>> Rs.3.29 (Page #121 of RHP)
EPS for FY20-21 >>> Rs.4.43 (Page #121 of RHP)
EPS for FY21-22 >>> Rs.7.77 (Page #121 of RHP)
*EPS for 9M22-23 >>> Rs.7.90 (Page #121 of RHP)*

RoNW for FY19-20 >>> 59.63% (Page #122 of RHP)
RoNW for FY20-21 >>> 45.83% (Page #122 of RHP)
RoNW for FY21-22 >>> 46.40% (Page #122 of RHP)
*RoNW for 6M22-23 >>> 36.46% (Page #122 of RHP)*

NAV as on 31st December 2022, was Rs.21.67 (Page #123 of RHP)

Listed Industry Peer Group (Page #125 of RHP): Dixon Technologies (India), Amber Enterprises India, Syrma SGS Technology, Elin Electronics

IKIO Lighting IPO – *Required for 1X Subscription*:

Anchor = 181.95Crs
QIB = 121.30Crs

B-NII (>10L) Application = 2,923 Forms (for lotsize of 728)
S-NII (2L-10L) Application = 1,462 Forms (for lotsize of 728)
RII (<2L) Application = 1,43,235 Forms (for lotsize of 52)

IKIO Lighting IPO – *Market’s Current Estimates of OverSubscription*:

QIB = 18.5K Crs. = ~152.51X

B-NII (>10L) = 20K Forms = 6.84X Applic. wise (Avg allotment ~106.40 shares)

S-NII (2L-10L) = 40K Forms = 27.37X Applic. wise (Avg allotment ~26.60 shares)

RII (<2L) Application = 12L Forms = 8.38X Applic. wise (Avg allotment ~6.21 shares)

Interest cost *@9.00%p.a.* for 7days = *49.19paise for 1X*

Thus,
for QIB the costing = 152.51 X 49.19 paise = Rs.75.02 per share (= GMP)

for B-NII (>10L) the costing = 106.40 X 75.02 = Rs.7,983/- per form

for S-NII (2L-10L) the costing = 26.60 X 75.02 = Rs.1,996/- per form

And, for RII (<2L) the costing = 6.21 X 75.02 = Rs.466/- (= Kostak)

IKIO Lighting IPO – *GMP Estimated* (as on 02/June)

GMP = 75 +/- 1

KOSTAK:
for B-NII (>10L) = 7,700/-
for S-NII (2L-10L) = 1,800/-
for RII (<2L) = 450/-

SUBJECT TO ALLOTMENT:
for NII (>2L) (for lotsize of 728) = 42,000/-
for RII (<2L) (for lotsize of 52) = 3,000/-

IKIO Lighting IPO – *Expected Delivery Volume on Listing Day*

Pre-opening = 32L shares (NSE + BSE)
EOD = 127L shares (NSE + BSE)

Dear Tejas Pandya bhai,
I think you know that it is verry difficult to leave bad habits. Even if we have any bad habit, can we leave ? Exceptions are always there.
Now the ball is in the court of Admin CG, whether to encourage or discourage such practice in this forum. Let him decide. We have no other choice.

Noted. Pls give us a couple of days to go through this.

IKIO 94 BUYERS!!

As per RHP, IKIO counts Dixon, Amber, Syrma as peers.
With post issue capital of 77.28 cr and profits of ₹51 cr on revenues of ₹332 cr for 9MFY23, IKIO is seeking a valuation of ₹2200 cr at issue price of ₹285.
If listed at a price of ₹365, IKIO will enjoy a market cap of ₹2800 cr which compares favourably to Amber.

As per Moneycontrol
Syrma has profits of ₹123 cr, revenues of ₹2048 cr and market cap of ₹6824 cr
Amber has profits of ₹163 cr, revenues of ₹6927 cr and market cap of ₹7353 cr
Dixon has profits of ₹245 cr, revenues of ₹12192 cr and market cap of ₹23622 cr

Compared to other contract manufacturers, profit margins seem to be high for IKIO.
With GOI’s PLI scheme picking up pace, many OEMs will set up their own manufacturing units or force contract manufacturers to reduce prices.

@👑 King HR Good information..👍🏻
One like from me..

84

I want to buy 10K shares. Send me the where about I'll arrange a man to meet you.

Contact your local broker to work in gmp
latest gmp 125

Huge negative for #SME companies

#SEBI and Exchanges in a joint meeting have decided to introduce ESM framework for Micro-Small Companies (on main board with market cap less than 500 crores) with effect from June 05, 2023.

The following criteria shall be made applicable for selection of stocks in the Enhanced Surveillance Measure for Micro-Small Companies

A. Shortlisting criteria (Stage 1): Either below condition 1 or 2 is met:

1) High–Low Price Variation (based on corporate action adjusted prices) in 3 months OR 6 months OR 12 months > 1 Standard deviation (of High-Low variation of all Micro-Small Cap Companies as defined above).

AND

Minimum threshold of High-Low variation would be as under:

3 months > 75%,

6 months > 100%

12 months > 150%.

2) Close–to–Close Price Variation (based on corporate action adjusted prices) in 3 months OR 6 months OR 12 months > 1 Standard deviation (of Close–to–Close Price variation of all Micro-Small Cap Companies as defined above).

AND
Minimum threshold of Close-to-close variation would be as under:

3 months > 50%
6 months > 75%
12 months > 100%.
The following securities shall be excluded from the process of shortlisting of securities under ESM:
· Public Sector Enterprises and Public Sector Banks
· Securities on which derivative products are available.
#BSE #NSE #Investing #Investors

How we deal in grey market what is procedure

Next week
Crossing ₹500/=
Just Asking

GMP:- 80-82

Kaka industries and Shura designs sme ipo soon

IKIO 78 BUYERS!!

I AM NOT MUCH BULLISH!!!!

FIRST SHORT DONE AT 78!!!!

Konsa Animal Ayega Isme

Any Guess guys ?????

@Heritage Wale The problem with chameleon is that you never know when it changes colours according to the situation like some forum member @👑 King HR  and we can't predict the outcome..😄

Exactly @Tejas Pandya 
Yahi Hoga Is Ipo Ka Haal

GMP time Time pe Change hone wala He ✅

Will BHNI application going to provide better chances of allotment of 14 lots in comparison to SHNI application? Or both with have equal chances assuming oversubscription of more than 100X in HNI category

BHNI HAS BETTER CHANCE THAN SHNI IN CASE OF OVERSUBCRIPTION IN BOTH THE CATEGORY

Prem 72- 74 rs

LISTING WILL BE PLUS MINUS 5%