IKIO Lighting makes a stellar debut, lists at 38% premium over IPO price

IKIO Lighting makes a stellar debut, lists at 38% premium over IPO price

Shares of IKIO Lighting made a stellar debut on the bourses on Friday as they listed at Rs 392.5 on NSE, a premium of 37.71% or Rs 107.5 over the issue price of Rs 285. The stock got listed at Rs 391 on BSE, up 37.19%, as against the offer price. Ahead of the listing, … Read more

Ikio Lighting’s core strengths, growth drivers offer a good long-term play

Ikio Lighting’s core strengths, growth drivers offer a good long-term play

As a result, the number of SKUs (stock-keeping units or unique products) supplied to Signify India has increased to 753 at the end of December 2022 from 228 in FY18. Synopsis Long-term investors may consider the IPO given the consistent growth in its contract manufacturing for Signify India (erstwhile Philips India) driven by new product … Read more

IKIO Lighting and Sonalis Consumer Products IPO will open for subscription this week; check details

IKIO Lighting and Sonalis Consumer Products IPO will open for subscription this week; check details

The initial public offering (IPO) of IKIO Lighting will open for subscription on June 6 and will be available for the public to bid till June 8. Whereas, the IPO of Sonalis Consumer Products will open for subscription on June 7 and close on June 9. IKIO Lighting had filed its draft papers in October … Read more