Latest IPO in India ✅ Powerful Insights: Icon Facilitators Ltd’s SME IPO Guide

Published On: 22/06/20251.5 min read

The latest IPO in India, Icon Facilitators Ltd’s SME IPO, is generating buzz among investors. With a target to raise ₹19.11 crore through a book-built issue of 21 lakh shares, this IPO reflects growing confidence in India’s facility management sector.

Company Overview

Icon Facilitators Ltd, established in 2013, offers technical facility management solutions in North India. The company manages services like HVAC, fire safety, and power systems. In FY25, it posted revenue of ₹58.07 crore and PAT of ₹4.47 crore, showcasing strong year-on-year growth.

IPO Timeline

  • Offer Open: June 24, 2025
  • Offer Close: June 26, 2025
  • Allotment Finalization: June 27, 2025
  • Refunds Initiated: June 30, 2025
  • Shares Credited: June 30, 2025
  • Listing Date: July 1, 2025

IPO Price Band

The IPO price band is ₹85 to ₹91 per equity share, with a face value of ₹10. This pricing reflects the company’s strong financials and growth potential.

Lot Size

Investors can bid for a minimum of one lot containing 1,200 shares. The minimum investment amount is ₹1,02,000 at the lower price band and ₹1,09,200 at the upper band.

Financials

  • FY25: Revenue ₹58.07 crore, PAT ₹4.47 crore
  • FY24: Revenue ₹49.85 crore, PAT ₹1.76 crore
  • FY23: Revenue ₹42.96 crore, PAT ₹1.92 crore

Strengths

  • Well-established footprint in Northern India
  • Diversified client base across sectors
  • ISO-certified processes
  • Consistent financial growth
  • Experienced leadership team

Risks

  • Regional operational concentration
  • High dependency on working capital
  • Labour management and compliance risks
  • Volatile operating cash flows

IPO Anchor Investors Details

Specific details of anchor investors have not been disclosed as of now. However, bidding opened for anchor investors on June 23, 2025.

IPO Promoter Holding Details

Shareholder Pre-IPO (%) Post-IPO (%)
Promoter Group 95.65% 70.09%
Public 4.35% 29.91%

IPO Grey Market Premium (GMP)

Date GMP (₹)
To be updated —

Final Thoughts

Icon Facilitators Ltd’s IPO offers promising growth prospects backed by solid fundamentals. Its presence in a rapidly expanding sector, coupled with healthy financials, makes it a noteworthy addition for SME IPO investors. However, investors should evaluate risks related to its geographical concentration and operational structure before making a decision.

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