Icon Facilitators Limited IPO

Icon Facilitators Limited IPO

SME BSE SME 100% Book Built Offer
Closed

Price Band

₹85 - ₹91

Total Issue

₹19.11 Cr

Bid Dates

24 Jun - 26 Jun

Subscription

1.22x

Est. GMP

₹2 (2.20%)

Website RHP Check Allotment

Tentative Timetable

Open
Close
Allotment
Refunds
Credit
Listing

Business Overview

Icon Facilitators Limited offers a comprehensive range of Technical Facility Management services under one umbrella, including electrical systems, captive power, water treatment (STP/ETP), HVAC, BMS, fire & safety systems, elevator/escalator O&M, and annual maintenance of E&M equipment. It serves commercial, retail, industrial, and residential clients with end-to-end solutions. Operations are primarily concentrated in Northern India, with a strong presence in Haryana, Uttar Pradesh, and Delhi, and additional reach in Punjab, Rajasthan, and Himachal Pradesh.

Lot Info

Lot Information for Icon Facilitators IPO
Category Lots Shares Amount
Individual (Min) 1 1,200 ₹1,09,200
Individual (Max) 1 1,200 ₹1,09,200
S-HNI (Min) 2 2,400 ₹2,18,400
S-HNI (Max) 9 10,800 ₹9,82,800
B-HNI (Min) 10 12,000 ₹10,92,000
Market Maker
1,05,600 eq Shares
Employee
₹0.00
Shareholder
₹0.00

Issue Size

Total ₹19.11 Cr
Fresh Issue
₹19.11 Cr (0.21 Cr Shares)
Offer For Sale
₹0.00 (0.00 Shares)

Objects of the Issue

A1

₹B1 Cr

A2

₹B2 Cr

A3

₹B3 Cr

Grey Market Premium

GMP ₹2
Est. Price ₹93
Est. Gain 2.20%

Icon Facilitators IPO Peer Comparison

(Rs. in crores)

Icon Facilitators IPO Peer Comparison Table
Particulars Icon Facilitators Updater Services Krystal Integrated Services Rithwik Facility Management Services
Revenue from Ops (in Crs.) 58.06 2,736.06 1,212.78 42.47
PAT (In Crs.) 4.47 118.98 62.52 3.50
EPS - Basic 7.91 17.70 44.61 11.44
NAV per share 22.47 144.07 312.92 77.98
RONW 35.23% 12.33% 14.30% 14.67%
EBITDA 11.28% 6.09% 6.41% 12.35%
PAT Margin 7.70% 4.35% 5.15% 8.24%
Price to earning (PE) 11.50 17.73 13.85 14.23
Debt to Equity 0.35 0.11 0.21 0.11
  • All the information pertains to FY 2024-25
  • The PE ratio is calculated using the Upper Price Band for the Issuer and the closing price as of June 09, 2025 for Peers

Financial Performance

(Rs. in crores)

Financial Performance Metrics for Icon Facilitators IPO
Particulars Mar-25 Mar-24 Mar-23
Revenue from Operations 58.06 49.84 42.96
Profit after Tax 4.47 1.76 1.92
Net Worth 12.69 5.95 4.19
Total Borrowing 4.40 2.48 3.72
Total Assets 23.95 17.66 14.93
NAV per share (in ₹) 22.47 10.80 7.60
EPS - Basic (in ₹) 7.91 3.20 3.49

KPIs

EBITDA

11.28%

PAT

7.70%

ROE

35.23%

ROCE

37.09%

Debt to Equity

0.35

PE Ratio

11.50

PB Ratio

4.05

Mkt Cap (in Crs.)

71.52

  • All Ratios are based on Mar 25
  • PE, PB, and Post-Issue Market Capitalization are calculated based on the upper price band.

Shareholding

Promoter

95.65%

Public

4.35%

Dinesh Makhija 71.75%
Pooja Makhija 14.32%
Other Promter 9.57%

Management

Dinesh Makhija Chairman & MD
Tarun Sharma CFO

Registrar & Lead Managers

Registrar

Maashitla Securities

Maashitla Securities

Lead Managers (1)

Khambatta Securities Khambatta Securities

Subscription Status

Updated as on 26 Jun 2025 | 05:00:00 PM

BSE SME Subscription Status for Icon Facilitators IPO
Category Sub (x) Offered Bids
QIB 2.18x 1,00,800 2,19,600
NII 0.92x 9,46,800 8,70,000
Retail 4.10x 9,46,800 38,82,000
Total 2.49x 19,94,400 49,71,600

Frequently Asked Questions

What is Icon Facilitators IPO?
Icon Facilitators IPO is a SME IPO having an issue size of ₹19.11 Crs. Icon Facilitators IPO is priced at ₹85 - ₹91 per share. The issue opens on 24 Jun 25 and closes on 26 Jun 25.
When will Icon Facilitators IPO open?
Icon Facilitators IPO opens on 24 Jun 25 and closes on 26 Jun 25.
What is the GMP of Icon Facilitators IPO?
The estimated Grey Market Premium of Icon Facilitators IPO is ₹2 per share (2.20%).
What is the lot size of Icon Facilitators IPO?
The minimum lot size of Icon Facilitators IPO is 1200 shares & the minimum application amount is Rs. 109200.
When is the allotment of Icon Facilitators IPO?
The allotment date of Icon Facilitators IPO is 27 Jun 25.
What is the listing date of Icon Facilitators IPO?
The listing date of Icon Facilitators IPO is 01 Jul 25.
What is the subscription of Icon Facilitators IPO?
Icon Facilitators IPO is subscribed 1.22 times.
What is the price band of Icon Facilitators IPO?
Icon Facilitators IPO is priced at ₹85 - ₹91 per share.
How to check allotment status of Icon Facilitators IPO?
Click the allotment link on Icon Facilitators IPO page of IPO360.
How to apply Icon Facilitators IPO in Zerodha?
  1. Go to Kite App → Tap on Bids → Tap on IPO
  2. Select the IPO → Tap on apply → Enter UPI ID
  3. Enter Qty and Price
  4. Submit the application
  5. Approve the UPI Mandate on your UPI app
How to apply Icon Facilitators IPO in Groww?
  1. Go to Groww App → Stocks Section → Select IPO option
  2. Select the IPO you want to apply
  3. Enter your bid details and price
  4. Enter UPI ID & submit
  5. Approve the UPI Mandate on your UPI app
How to apply Icon Facilitators IPO using ASBA?
  1. Log in to your bank's net banking portal.
  2. Navigate to the 'IPO' or 'ASBA' section.
  3. Select Icon Facilitators IPO from the list of available IPOs.
  4. Enter the required details: Bid quantity, Price, DP ID & Client ID, etc
  5. Submit the application.
  6. Money will remain blocked till the refund date