59. PLAZA| Link| Bookmark|
June 1, 2023 10:38:34 PM
IPO Guru (2000+ Posts, 1200+ Likes)
As per grey price quoted today it is expected that subscription figure may as following
Retail 7+ Shni 25+ Bhni 5+
58. UjwalG| Link| Bookmark|
June 1, 2023 9:54:30 PM
IPO Guru (1000+ Posts, 500+ Likes)
Some data from rhp -90 % of revenue comes from led lighting, 80% revenue from top5 customers and major from PHILIPS INDIA - A subsidiary was incorporated very recently march 2022 ,Royalux lighting limited, RLPL -inventory days are increasing from 44 days in 2020 to 90 days in 2022. So its a bad sign i believe since the inventory is not getting converted fast into sales (views welcome)
58.1. UjwalG| Link| Bookmark|
June 1, 2023 10:11:54 PM
IPO Guru (1000+ Posts, 500+ Likes)
-bonus shares issued to promoters on 17 sep 2022, 8 share for each 5 held -new plant is gonna be completed by mar 2025 and production will.begin after that !! - Peer dixon, amber, syrma, elin with pe ratio 90 ,57,63,18 respectively -roe 26% , pat margin 12%
58.2. UjwalG| Link| Bookmark|
June 1, 2023 10:15:06 PM
IPO Guru (1000+ Posts, 500+ Likes)
Peer comparison
58.3. arunARUN| Link| Bookmark|
June 2, 2023 9:12:42 AM
IPO Guru (1900+ Posts, 1600+ Likes)
Small company turnover wise. Even ELIN has 3 time higher turnover Everyone knows what happened to ELIN. How SEBI allows peer groups which are more than 10 times on revenue?
58.4. UjwalG| Link| Bookmark|
June 2, 2023 9:43:10 AM
IPO Guru (1000+ Posts, 500+ Likes)
@arunARUN rightly pointed. I think dixon and amber are only peers in the LEDsegment but again need to go through their segment wise sales to better compare with IKIO. These margins are not sustainable i beleive in long run
50.3. MAMU| Link| Bookmark|
June 3, 2023 4:09:37 PM
IPO Guru (1700+ Posts, 1100+ Likes)
@👑 King HR Bhai aap itne demand me ho aaj ke GOOD DEMAND pe bhi 4 Like le jaa rahe ho. Ab prathna karo ke aapka REMAND na nikale @Admin @ Chittorgarh.com se. 😃
46. Eagleye| Link| Bookmark|
June 1, 2023 1:18:15 PM
IPO Guru (6600+ Posts, 21900+ Likes)
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)
45. Eagleye| Link| Bookmark|
June 1, 2023 12:53:44 PM
IPO Guru (6600+ Posts, 21900+ Likes)
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 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