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IKIO Lighting Ltd IPO

  • Min. Investment14040/ 52 Shares
  • Min. Quantity52
  • Price Range₹270 - ₹285
  • Date Range06 Jun 23 - 08 Jun 23
  Retail Investor can invest upto Rs 2,00,000 in IPO
  • Application Start Date06 Jun 2023
  • Application End Date08 Jun 2023
  • Allotment begins
  • Refund Initiation Date14 Jun 2023
  • Allotment Date13 Jun 2023
  • Listing On Exchange16 Jun 2023
Registrar Information
  • NameKFin Techologies Ltd
  • Contact no.+91 4067162222/18003094001
  • Email IDIKIO
Company Information

Incorporated in 1983, Kolkata-based Tarsons Products manufactures laboratory products that are used in various research organisations, pharmaceutical companies, academia institutes, hospitals and diagnostic centres.

The company plans to go public and here’s all you need to know about this IPO.

Financial information

Here’s the consolidated financial information for the last three years:

Particulars FY21 FY22 FY23
(Rs Crore)
Revenue 159.66 219.9 241.36
Net Profit 20.58 28.01 24.64
Total Assets 74.1 112.78 149.57
  • Poised to capture growth of LED market;
  • Diverse product basket with focus on high-margin areas;
  • Long-term relationships with leading industry customers;
  • Strong focus on R&D;
  • Established infrastructure with backward integration;
  • Since September 12, 2022 the Company owns 100% of the equity shareholding of its Subsidiaries. As the Company did not own 100% of the equity shareholding of its Subsidiaries during Fiscal 2022, Fiscal 2021 and Fiscal 2020, the Restated Financial Information does not include financial information for its Subsidiaries prior to their acquisitions by the Company. Accordingly, its Restated Financial Information, as of, and for the years ended, March 31, 2022, 2021 and 2020, are not comparable to any future financial results that the company may prepare. In addition, because of their nature, its Proforma Consolidated Financial Information addresses a hypothetical situation and, therefore, does not represent its factual results of operations or financial condition.
  • The company is dependent on, and derive a substantial portion of its revenue from, a single customer, Signify Innovations India Limited, erstwhile Philips India, and over 85% its revenue is derived from the company top twenty customers. Cancellation by its top customers or delay or reduction in their orders could have a material adverse effect on its business, results of operations and financial condition.
  • The company do not receive firm and long-term volume purchase commitments from its customers. If the company customers choose not to renew their supply contracts with it or continue to place orders with the company, its business and results of operations will be adversely affected.
  • Its business is dependent and will continue to depend on the company manufacturing facilities, and its subject to certain risks in the company manufacturing process such as the breakdown or failure of equipment, industrial accidents, injury to employees, severe weather conditions and natural disasters. In addition, any strikes, work stoppages or increased wage demands by its employees could also interfere with the company operations.
  • The company is dependent on its R&D activities for its future success. If the company do not successfully develop new products in a timely and cost-effective manner, its business, results of operations and financial condition may be adversely affected.
  • Expand into new product lines
  • Expand its manufacturing capacities for its existing and new product lines
  • Diversify its customer base and expand across geographies
  • Continue focus on sustainability through ESG investments
  • Expand into new product lines
What is Pre Apply?

Pre Apply will allow you to apply for an IPO 1-3 days before the bidding period starts. You'll get the UPI payment mandate once the IPO is open.

Learn more about Pre applying
How to Apply?

Select the IPO you want to apply for from the list of open issues. Enter your correct UPI ID and select the investor type. The quantity should be a multiple of the lot size. If you wish to apply at the cut-off price, simply click on the checkbox next to ’Cut-off price’. You will receive an SMS from the NPCI confirming your bid and requesting you to accept the mandate on your UPI app. We have noticed a significant delay in UPI payment SMS/notifications from NPCI. Request you to be patient. Please ignore this message if you’ve accepted the mandate

How to check your IPO allocation status

Tarsons Products allotment status will be available on or around 23 November 2021. The allotted shares will be credited to the demat account by 25 November 2021. We will provide you with the link to check the allocation’s status as soon as the registrar makes it live. This may happen after the IPO is closed (after 17 November 2021).

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