Icon Facilitators IPO is a bookbuilding of ₹19.11 crores. The issue is entirely a fresh issue of 21.00 lakh shares.
Icon Facilitators IPO bidding opened for subscription on June 24, 2025 and will close on June 26, 2025. The allotment for the Icon Facilitators IPO is expected to be finalized on Friday, June 27, 2025. Icon Facilitators IPO will be list on BSE SME with a tentative listing date fixed as Tuesday, July 1, 2025.
Icon Facilitators IPO price band is set at ₹85 to ₹91 per share. The minimum lot size for an application is 1200. The minimum amount of investment required by retail investors is ₹1,02,000. But it is suggested to the investor to bid at the cutoff price to avoid the oversubscription senerio, which is about to ₹1,09,200. The minimum lot size investment for HNI is 2 lots (2,400 shares) amounting to ₹2,18,400.
Incorporated in 2002, Icon Facilitators Limited (IFL) is a facilities management company providing integrated technical services across India. The company offers a wide array of services, including electrical system management, HVAC operations, water treatment solutions, fire and safety equipment maintenance, and more. Its Integrated Facilities Management model includes both soft services—such as housekeeping and pest control—and hard services like HVAC, electrical system management, fire safety, and overall building operations.
While IFL primarily operates across 127 sites in Northern India, it has recently expanded into the Bengaluru market to support its growth strategy, with Mr. Basil Arun Keelor heading operations in South India. The company’s core service portfolio includes Electrical System Management Operations, Captive Power Diesel Generation Management, STP/ETP and Water Management Services, and HVAC Management.
IPO stands for "Initial Public Offering." It's the process through which a privately-held company becomes publicly traded by offering its shares to the general public and listing them on a stock exchange for trading. This allows the company to raise capital from investors and grants individuals and institutions the opportunity to invest in and own a portion of the company.
The life cycle of an IPO, or Initial Public Offering, begins with a company's decision to go public. It involves hiring underwriters, registering with regulatory authorities, determining the IPO price, marketing to investors, and the subscription period where investors place orders for shares. After allocation and listing, shares become publicly tradable, and the company enters the secondary market. Ongoing reporting and corporate governance are crucial as the company continues to operate as a publicly-traded entity. The IPO aims to raise capital for growth and provides investors with opportunities to trade shares in the company.
An IPO (Initial Public Offering) is when a private company goes public by selling shares to the public. Investors buy these shares, giving them ownership in the company. It's a way for companies to raise capital and expand. The process involves underwriters, regulatory filings, setting the IPO price, and marketing to investors. After the IPO, shares can be traded on a stock exchange. IPOs offer opportunities and risks, so investors should research and consider carefully.
"Upcoming IPOs" refers to initial public offerings that have been announced by private companies but have not yet occurred. These are companies that plan to go public in the near future by issuing shares to the public and listing them on a stock exchange. Investors often keep an eye on upcoming IPOs as they represent opportunities to invest in companies at their early stages of public trading, potentially capturing growth potential. These offerings are typically accompanied by significant media and investor attention as they approach their launch dates.