June 6, 2023 - June 8, 2023

IKIO Lighting IPO Review & Recommendations

Anand Rathi, Choice Equity Broking Pvt Ltd, HENSEX Securities, Marwadi Shares and Finance Ltd and SBICAP Securities Limited have given "Apply" recommendation to IKIO Lighting IPO. Dilip Davda has given "May Apply" recommendation to IKIO Lighting IPO. Capital Market has "Neutral" view about the IPO. Axis Capital, Axis Securities Limited, JM Financial Institutional Securities and Kotak Securities have "Not Rated" the IPO.

IKIO Lighting IPO Review Summary from brokers and analysts

Review By	Apply	May Apply	Neutral	Avoid	Not Rated
Count	5	1	1	0	4
%	45.45	9.09	9.09	0.00	36.36

IKIO Lighting IPO Analysis By Brokers/Analysts

Reviewer	Recommendation	Past Reviews
Anand Rathi	Apply
Axis Capital	Not Rated
Axis Securities Limited	Not Rated
Capital Market	Neutral
Choice Equity Broking Pvt Ltd	Apply
Dilip Davda	May Apply
HENSEX Securities	Apply
JM Financial Institutional Securities	Not Rated
Kotak Securities	Not Rated
Marwadi Shares and Finance Ltd	Apply
SBICAP Securities Limited	Apply

IKIO Lighting IPO Capital Market Rating

The Captial Market (CapitalMarket.com) rating for IKIO Lighting IPO is 44. Their analysis recommends Avoid, however active risk seekers can try for the IPO.

Reviewer	Rating Score	Rating
Capital Market	44	Avoid, however active risk seekers can try

IKIO Lighting IPO Review by Dilip Davda (May apply)

[Dilip Davda] Though the LED lighting solutions segment is over-crowded, ILL still has the lion's market share with certain products having virtual monopolies and Phillips as their biggest customer. With the expansion plans afoot the management is confident of maintaining the trends going forward. Well-informed investors may park funds for medium to long-term rewards. Read detail review...

IKIO Lighting IPO Peer Comparison

IKIO Lighting Limited peer comparison with similar listed entities. (Consolidated) (As on May 30, 2023)

Company Name	EPS (Rs)		NAV (per share) (Rs)	P/E (x)	RoNW (%)
Company Name	EPS Basic	EPS Diluted	NAV (per share) (Rs)	P/E (x)	RoNW (%)
IKIO Lighting Limited	4.31	4.31	11.76		36.64
Dixon Technologies (India) Limited	32.31	32.31	167.92	90.93	19.08
Amber Enterprises India Limited	32.41	32.41	514.70	57.07	6.30
Syrma SGS Technology Limited	4.97	4.97	39.21	63.28	10.29
Elin Electronics Limited	9.59	9.59	74.22	13.91	12.93

IKIO Lighting IPO Review by Members

IKIO Lighting IPO Reviews, analysis and views by popular members. Read IKIO Lighting Limited IPO reviews by retail investors to find recommended ipo to buy.

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IKIO Lighting IPO Review Summary by Members

Review By	Apply	May Apply	Neutral	Avoid
Count	6	0	2	3
%	54.55	0.00	18.18	27.27

Member	Review
PRIMARY MARKET LEARNER	Apply for Listing Gain at Upper Price Band Applied 2 BHNI 1 SHNI AND 7 Retail June 8, 2023 1:32:57 PM
IPOTraders IPO Mentor (700+ Posts, 300+ Likes)	Apply for Listing Gain at Cut-off Price Market going up, so simply ride the wave. Also last mainboard IPO mankind gave positive listing. June 8, 2023 8:00:46 AM
Shamsher Singh Rana	Apply for Long Term at Cut-off Price everybody go for it. June 6, 2023 1:56:07 PM
Crow IPO Mentor (700+ Posts, 900+ Likes)	Neutral Whenever a company offers its initial shares with more than 35% retail quota, I get sceptical. In recent memory, USK Infra (LC on day close), Abans Holdings (LC on day close), Uma Exports (languishing below IPO price), and Exxaro Tiles (now below IPO price) have all given negative returns in the short-term. However, it's worth noting that IKIO Lighting has GMP's godly hands as a support which was not the case in any of these IPOs. Stay neutral on this and look for subscription figures. June 6, 2023 11:49:38 AM
B.M.SURANA IPO Guru (2600 Posts, 4800+ Likes)	Apply for Long Term at Upper Price Band Apply for Long-term 3 June 6, 2023 8:31:16 AM
Akki	Apply for Listing Gain at Cut-off Price Profit making company apply for listing gain June 5, 2023 5:03:08 PM
JAGADISH RATNAKARAM	Apply for Listing Gain at Upper Price Band Listing gain expected June 4, 2023 5:57:40 PM
Palka Top Contributor (700+ Posts, 100+ Likes)	Neutral ISSUE PRICE IS HIGHER... ELIN IS AVAILABLE 60% OF THE ISSUE PRICE WHICH IS CONSIDERED AS PEER COMPANY OF IKIO June 3, 2023 12:59:45 PM
IPO LEADER IPO Mentor (800+ Posts, 400+ Likes)	Avoid Very High valuation June 3, 2023 12:55:47 AM
arunARUN IPO Guru (1900+ Posts, 1600+ Likes)	Avoid Too high ask. They are asking more money as growth capital than their turnover. 607 crore IPO size and last FY 22 turnover was 334 crores as per websites 1 June 2, 2023 9:08:30 AM
RIZWAN AHMAD.	Avoid . June 1, 2023 1:40:42 PM

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