IKIO Lighting Ltd - IPO

IKIO Lighting Ltd IPO Details

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.

Objective of issue

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.

IKIO Lighting Ltd Contact Details

IKIO Lighting Ltd, Karvy Selenium Tow-B, 31&32 Financial Dist, Nanakramguda, Hyderabad-500032

Phone - 91-40-67162222

Fax - 91-40-23001153/23420814

Email - secretarial@ikiolighting.com

Website - www.ikio.in