IKIO Lighting IPO GMP History
IKIO Lighting IPO has been listed on June 16, 2023 at a listing price of ₹392.5, against the issue price of ₹285 — a gain of ₹107.5 (+37.72%). The GMP peaked at ₹110 on 8 June 2023 and reached a low of ₹55 on 2 June 2023. The day-wise GMP trend below shows how grey market sentiment evolved from subscription to listing.
IKIO Lighting IPO raised ₹606.5 Cr. through its IPO at a price band of ₹270 to ₹285 per share, with a lot size of 52 shares. The IPO was open for subscription from 06 Jun 2023 to 08 Jun 2023.
Researched & reviewed by
Abhishek Vohera,
Founder, IPO Guru
Last updated
Figures sourced from the RHP, BSE & NSE
GMP trend
Grey market premium sampled three times a day (11 AM, 5 PM, 10 PM). Last updated 10 Nov, 11:52 AM IST.
Day-wise GMP
The last reading of each day, newest first. Arrows compare with the previous day.
| Date | GMP | ↑↓ | % | Kostak | Sub. Sauda |
|---|---|---|---|---|---|
| 14 Jun 2023 | ₹ 90 | ▼ | 32% | — | — |
| 13 Jun 2023 | ₹ 100 | ▼ | 35% | — | — |
| 12 Jun 2023 | ₹ 105 | — | 37% | — | — |
| 09 Jun 2023 | ₹ 105 | ▼ | 37% | — | — |
| 08 Jun 2023 | ₹ 110 | ▲ | 39% | — | — |
| 07 Jun 2023 | ₹ 100 | ▲ | 35% | — | — |
| 06 Jun 2023 | ₹ 88 | ▲ | 31% | — | — |
| 05 Jun 2023 | ₹ 85 | ▲ | 30% | — | — |
| 02 Jun 2023 | ₹ 55 | — | 19% | — | — |
IKIO Lighting IPO dates
Key dates from opening to listing. Today is 11 November.
- Open 06 Jun 2023
- Close 08 Jun 2023
- Allotment 13 Jun 2023
- Refund/credit 14 Jun 2023
- Listing 16 Jun 2023
IKIO Lighting IPO actual listing price
How the grey market's final call compared with the listing-day open.
| Issue price | ₹285 |
|---|---|
| GMP-based estimate (pre-listing) | ₹375 (+31.6%) |
| Listing gain / loss | +₹107.5 per share |
| Listing date | 16 Jun, 2023 |
| Actual listing price | ₹392.5 (+37.72%) |
Is IKIO Lighting IPO GMP reliable?
Grey market premium for IKIO Lighting IPO should be interpreted with caution. The GMP is an unregulated, unofficial market not governed by SEBI. Here's how to read the current signal:
- 01Subscription rate matters: A high GMP paired with strong subscription — especially QIB (Qualified Institutional Buyer) oversubscription — is a more reliable bullish signal than GMP alone. Read our in-depth analysis: GMP vs Subscription Data — Which Predicts Listing Gains Better?
- 02Timing matters: GMP in the first 1–2 days of subscription is less reliable. GMP on the final subscription day and the day before listing tends to be the most accurate predictor.
- 03Grey market is thin: For smaller IPOs, even a handful of large orders can swing the GMP significantly. Treat low-volume GMP signals with extra caution.
- 04Cross-check before acting: Review the IKIO Lighting IPO full review for a fundamentals-based assessment before making any grey market trades.
IKIO Lighting IPO Kostak rate explained
Two ways the grey market trades an IPO application before listing.
The Kostak rate for IKIO Lighting IPO was not available during the subscription period. Kostak is the fixed amount a grey market buyer pays for an IPO application regardless of allotment outcome.
The Subject to Sauda price was not available for this IPO. Subject to Sauda only applies if allotment is confirmed — the buyer pays a premium on top of the issue price per lot allotted.
Grey market trading is unofficial and unregulated by SEBI. Proceed with full awareness of the associated risks.
About IKIO Lighting IPO
IKIO Lighting Limited was incorporated as IKIO Lighting Private Limited on 21 March 2016. It is an Indian maker of LED lighting solutions focused on low energy products.
It is mainly an original design manufacturer that designs, makes and supplies products which customers sell under their own brands. Its products are LED lighting for the premium segment, refrigeration lights for commercial refrigeration makers, ABS piping used mainly by US customers in recreational vehicles, and other products such as fan regulators.
It has four manufacturing facilities, one in the SIDCUL Haridwar industrial park in Uttarakhand and three in the National Capital Region. It acquired four group companies as subsidiaries from 12 September 2022, so the RHP gives proforma consolidated figures for earlier years.
The IPO was Rs 606.5 crore, with Rs 350.00 crore of fresh issue and Rs 256.50 crore of offer for sale by the two promoters. Rs 212.31 crore was planned for a new facility at Noida through a subsidiary and Rs 50.00 crore for repaying borrowings.
Frequently asked
What is the GMP of IKIO Lighting IPO?
The current Grey Market Premium (GMP) of IKIO Lighting IPO is ₹ 90.
What is the Kostak Price of IKIO Lighting IPO?
Kostak rate is the profit made by selling an IPO application before allotment. The current Kostak rate for IKIO Lighting IPO is not available.
What is the Subject to Sauda Price of IKIO Lighting IPO?
Subject to Sauda is the premium amount decided if the allotment is confirmed. The current Subject to Sauda rate is not available.
What was the actual listing price of IKIO Lighting IPO?
IKIO Lighting IPO listed on June 16, 2023 at ₹392.5, against the issue price of ₹285 — a gain of +37.72%.
How did the GMP of IKIO Lighting IPO trend before listing?
The GMP of IKIO Lighting IPO was falling in its final days before listing. The GMP peaked at ₹110 on 8 June 2023. View the day-wise table above for the complete GMP history.
Explore IKIO Lighting IPO further
The grey market is one signal. Read it alongside the demand, the reviews and the filings before you decide.
It has listed — go back to the fundamentals.
Category-wise demand from QIB, NII and retail investors, updated through the day.
What brokers and analysts are saying about this issue, in one place.
Check with your PAN whether shares were credited to your demat account.
The grey market called it. Now check the fundamentals.
IPO Guru tracks GMP, subscription and allotment for every Mainboard and SME issue. Read the grey market alongside the subscription book and the offer document before you apply.
Not investment advice. Grey market premium is an unofficial, unregulated indicator and is not a forecast.
