Icon Facilitators Limited
Bookbuilding IPO · BSE
- Price band
- ₹85 - ₹91
- Lot size
- 1,200 shares
- Issue amount
- ₹19.11 cr
- Total subscription
- 2.49×
- Opens
- 24 Jun 2025
- Closes
- 26 Jun 2025
- Allotment
- 27 Jun 2025
- Listing
- 1 Jul 2025
Offer at a glance
Issue overview
- Issue size
- 21,00,000 shares
- Face value
- ₹10 per share
- Minimum investment
- ₹1,02,000
- Fresh issue
- ₹19.11 cr
- Offer for sale
- ₹0 cr
- Registrar
- Maashitla Securities Private Limited
- Listing exchange
- BSE
- Maximum investment
- ₹1,09,200
- Issue type
- Bookbuilding IPO
- Shares before issue
- 57,59,600
- Shares after issue
- 78,59,600
Lot sizes
| Category | Lots | Shares | Amount |
|---|---|---|---|
| RETAIL | 1 | 1,200 | ₹1,09,200 |
| HNI | 2 | 2,400 | ₹2,18,400 |
Share reservation
Subscription & GMP
Subscription by category
Missing multiples are calculated from bids and offered shares when available.
GMP history
Subscription demand
Amounts in ₹ crore. HNI subcategories are included in the NII total.
| Category | Offered | Demand |
|---|---|---|
| QIBs | 0.92 | 0 |
| RETAIL | 8.62 | 0.28 |
Financial performance
Company financials
In Crores · Reported periods may include interim results.
Key performance indicators
| Metric | Dec-24 | Mar-24 | Mar-23 |
|---|---|---|---|
| EPS | 7.91 | 3.2 | 3.49 |
| ROE | 35.23 | 29.42 | 45.94 |
| ROCE | 37.09 | 33.46 | 37.95 |
| RONW | 35.23 | 29.42 | 45.94 |
| PRE IPO(PE) | 11.72 | 0 | 0 |
| POST IPO(PE) | 15.78 | 0 | 0 |
Values and labels as reported in the issue data.
Company information
Company profile
Icon Facilitators Limited (IFL), established in 2002, is a facilities management company that provides integrated technical services across India. Its offerings include a wide range of services such as electrical system management, HVAC operations, water treatment, and fire and safety equipment maintenance. IFL specializes in Integrated Facilities Management, combining soft services like housekeeping and pest control with hard services such as HVAC, electrical systems, fire safety, and overall building operations. The company primarily operates in Northern India, managing 127 sites, and has recently expanded to Bengaluru to support its growth strategy, with Mr. Basil Arun Keelor leading the South India operations. As of May 15, 2025, IFL employs 1,955 people.
Strengths
- Leading in North India: A key player in the region with a broad and premium product range.
- Wide Customer Reach: Serves diverse clients with long-term, trusted partnerships.
- Quality-Driven Approach: Focuses on delivering reliable and consistent products and services.
Risk factors
- Regional Dependency Risk: Heavy focus on North India makes the business sensitive to local disruptions.
- Cash Flow Challenges: Negative cash flows across key areas may affect financial health and future growth.
- Workforce & Compliance Risk: A large team across locations increases chances of employee issues and regulatory hurdles.
Promoters
Mr. Dinesh Makhija
Ms. Pooja Makhija
Registrar & documents
Lead manager
Khambatta Securities Limited
Registrar & contacts
Maashitla Securities Private Limited
[email protected]Official registrar portal ↗IPO allotment status guide →Registered office
C-28, 2nd Floor Community Centre, Janakpuri New Delhi, New Delhi, 110058
+91-9625930130
[email protected]Company website ↗Understanding ICON IPO data
Compare the price band and required investment with the company profile, financial results and offer documents. Subscription figures show reported demand by category; they do not establish the value of the business. GMP is an unofficial indication and can change before listing.