Icon Facilitators Ltd launched its IPO for public subscription on June 24, 2025. The bidding window for the IPO closed on June 26, 2025. The allotment process is expected to be finalised today, on June 27, 2025, and the company's shares are tentatively set to be listed on BSE on Tuesday, July 1, 2025.
Here is the process to check the Icon Facilitators Ltd IPO Allotment Status on BSE
Icon Facilitators Ltd's IPO is a bookbuilding of ₹19.11 crores. The issue is entirely a fresh issue of 21.00 lakh shares. Investors can apply with a minimum lot size of 1200, requiring a minimum investment of ₹1,02,000. The issue price band is set at ₹85 - ₹91 per share.
Khambatta Securities Limited is the book-running lead manager of the Icon Facilitators IPO, while Maashitla Securities Private Limited is the registrar. Nikunj Stock Brokers Limited is the market maker for the issue.
(June 26, 2025, 5 PM)
On Day 3, the Icon Facilitators IPO was subscribed 2.49 times. The public issue subscribed 4.10 times in the retail category, 2.18 times in QIB, and 0.92 times in the NII category.
The company will utilise the net proceeds from the issue towards the following objects:
According to NDTV Profit, the Grey Market Premium (GMP) of Icon Facilitators was ₹0 on June 27, 2025, 08:17 a.m. If the current GMP trend continues, the company's shares will likely be listed at ₹91, indicating an expected percentage gain/loss per share to be 0%.
Source: NDTV Profit Media Report dated June 27, 2025 Disclaimer: The GMP (Grey Market Premium) price is an unauthenticated market related news and has no discernible basis. The same quoted above is as per news appeared in the media report and is for information purposes only. The investor shall do their own study/research before using the same for taking any decision to invest. We neither engage in, trade, or deal in the grey market nor we recommend or endorse trading in the grey market. |
Icon Facilitators Limited, incorporated in 2002 and based in New Delhi, is a prominent integrated facilities management (FM) services company operating across North India with a presence in states including Haryana, Uttar Pradesh, Delhi, Punjab, Rajasthan, Himachal Pradesh, and recently Bengaluru.
The company provides both “hard” technical services, such as electrical systems management, HVAC, water and wastewater treatment (STP/ETP), captive power, fire and safety systems, and elevator/escalator maintenance and “soft” services like housekeeping, faç̧ade cleaning, pest control, and annual maintenance contracts. It generated a revenue of ₹58.06 Cr and net profit of ₹4.47 Cr in FY25.
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