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Icon Facilitators IPO
₹1,02,000/1200 shares
Minimum Investment
IPO Details
24 Jun 25
26 Jun 25
₹1,02,000
1200
₹85 to ₹91
BSE
₹18.15 Cr
01 Jul 25
Icon Facilitators IPO Timeline
Bidding Start
24 Jun 25
Bidding Ends
26 Jun 25
Allotment Finalisation
27 Jun 25
Refund Initiation
30 Jun 25
Demat Transfer
30 Jun 25
Listing
01 Jul 25
Icon Facilitators Limited
Founded in 2002, Icon Facilitators Limited (IFL) is an Indian facilities management company offering integrated technical services. Their portfolio includes electrical management, HVAC systems, water treatment, and fire safety services. The firm also delivers soft services like pest control and housekeeping. Operating in 127 locations, primarily in North India, the company has recently expanded to Bengaluru, led by Mr. Basil Arun Keelor. As of May 15, 2025, the company employed 1,955 people. Their service model caters to a wide spectrum of technical and soft facility requirements across sectors.
Icon Facilitators Limited IPO Overview
Icon Facilitators IPO is a bookbuilding issue of ₹18.15 crores, consisting entirely of a fresh issue of 19.94 lakh shares. The IPO opens on 24 June 2025 and closes on 26 June 2025. The allotment will be finalised by 27 June, and shares will be listed on BSE SME on 1 July 2025. The price band is ₹85 to ₹91 per share. The lot size is 1200 shares. Retail investors must invest a minimum of ₹1,09,200, while HNIs need ₹2,18,400. Khambatta Securities Limited is the lead manager, and Nikunj Stock Brokers Limited is the market maker.
Icon Facilitators Limited IPO Details
| Particulars | Details |
| IPO Date | 24 June 2025 to 26 June 2025 |
| Listing Date | 1 July 2025 |
| Face Value | ₹10 per share |
| Issue Price Band | ₹85 to ₹91 per share |
| Lot Size | 1200 Shares |
| Total Issue Size | 19,94,400 shares (aggregating up to ₹18.15 Cr) |
| Fresh Issue | 19,94,400 shares (aggregating up to ₹18.15 Cr) |
| Offer for Sale | NA |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE SME |
| Share Holding Pre Issue | 57,59,600 shares |
| Share Holding Post Issue | 77,54,000 shares |
| Market Maker Portion | 1,05,600 shares |
Icon Facilitators Limited IPO Reservation
| Investor Category | Shares Offered |
| Market Maker | 1,05,600 (5.03%) |
| QIB | 1,00,800 (4.80%) |
| NII (HNI) | 9,46,800 (45.09%) |
| Retail | 9,46,800 (45.09%) |
| Total | 21,00,000 (100.00%) |
Icon Facilitators Limited IPO Lot Size
| Application | Lots | Shares | Amount |
| Retail (Min) | 1 | 1,200 | ₹1,09,200 |
| Retail (Max) | 1 | 1,200 | ₹1,09,200 |
| HNI (Min) | 2 | 2,400 | ₹2,18,400 |
Icon Facilitators Limited IPO Promoter Holding
| Shareholding Status | Percentage |
| Pre-Issue | 95.65% |
| Post-Issue | 70.09% |
Icon Facilitators Limited IPO Valuation Overview
| KPI | Value |
| EPS (Pre-IPO) | 7.76 |
| P/E | 15.78 |
| RoNW | 35.23% |
| NAV per Share | 22.47 |
| ROE | 35.23% |
| ROCE | 37.09% |
| PAT Margin | 7.70% |
| EBITDA Margin | 11.28% |
| Debt to Equity Ratio | 0.35 |
Objectives of the Proceeds
- Meet working capital requirement, ₹16 crore
- Meet general corporate purpose
Key Financials (in ₹ Crores)
| Particulars | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
| Assets | 23.95 | 17.66 | 14.93 |
| Revenue | 58.07 | 49.85 | 42.96 |
| Profit After Tax | 4.47 | 1.76 | 1.92 |
| Net Worth | 12.69 | 5.95 | 4.19 |
| Reserves & Surplus | 6.93 | 5.94 | 4.18 |
| Total Borrowings | 0.00 | 0.00 | 0.00 |
SWOT Analysis of Icon Facilitators IPO
Strength and Opportunities
- Expanding geographical footprint across India, including Bengaluru.
- Large, diverse client base with long-term service contracts.
- Zero debt profile boosts financial stability.
- High RoNW and strong year-on-year growth in PAT.
- Services aligned with ESG and infrastructure compliance trends.
Risks and Threats
- Heavy reliance on Northern India may limit diversification.
- Presence of established competitors in the facility management sector.
- Rising wage and labour costs may pressure operating margins.
- Limited industry visibility due to SME segment listing.
- Potential scalability challenges in maintaining service quality during rapid expansion.
Explore IPO Opportunities
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About Icon Facilitators Limited
Icon Facilitators Limited IPO Strengths
- Icon Facilitators holds a dominant position in North India with several premium portfolios under its management.
- It has built a solid client base, maintaining long-standing and recurring business relationships.
- The company emphasises quality in its service delivery, which enhances client trust and retention.
- Led by an experienced promoter, the firm benefits from a stable and capable management team.
- The business has a strong track record with consistent revenue growth and a scalable model.
Peer Group Comparison
| Company Name | EPS (Basic) | EPS (Diluted) | NAV (₹) | P/E (x) | RoNW (%) |
| Icon Facilitators Limited | 7.91 | 7.91 | 22.47 | – | 35.23 |
| Peer Groups | |||||
| Updater Services Limited | 17.74 | 17.70 | 144.07 | 17.73 | 12.33 |
| Krystal Integrated Services Limited | 44.61 | 44.61 | 312.92 | 13.85 | 14.30 |
| Rithwik Facility Mgmt Services Ltd | 11.44 | 11.44 | 77.98 | 14.23 | 14.67 |
How to apply IPO with HDFC SKY?
Follow these simple steps to apply for an IPO through HDFC SKY. Secure your investments and explore new opportunities with ease by accessing the IPOs available on the platform.
1Login to your HDFC SKY Account
2Select Issue
3Enter Number of Lots and your Price.
4Enter UPI ID
5Complete Transaction on Your UPI App
FAQs On Icon Facilitators IPO
How can I apply for Icon Facilitators IPO?
You can apply via brokers like HDFCSky using UPI-based ASBA method.
What is the minimum investment for Icon Facilitators IPO?
Retail investors must invest at least ₹1,09,200 for one lot of 1,200 shares.
What is the listing exchange for Icon Facilitators IPO?
Retail investors must invest at least ₹1,09,200 for one lot of 1,200 shares.
What is the listing exchange for Icon Facilitators IPO?
The IPO will be listed on BSE SME platform on 1 July 2025.
What is the lot size and price band of this IPO?
Each lot contains 1,200 shares. Price band is set at ₹85 to ₹91 per share.
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