Icon Facilitators Ltd IPO
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Icon Facilitators Ltd IPO Details
Details
| Total Shares Offered | Offer to Public | Retail Max (Shares) | Pre Issue Promoters Holding | Exchange | Issue size |
|---|---|---|---|---|---|
| ₹ 21 L | TBA | TBA | ₹ 55.09 L | BSE | ₹ 19.11 Cr |
| IPO Open Date | Close Date | Lot Size | Min Investment | Issue Type | Listing Date |
| 24 Jun, 25 | 26 Jun, 25 | 1200 | ₹ 1,02,000 | Book Building - SME | 01 Jul, 25 |
Icon Facilitators Ltd IPO Dates
Details
| Sector | Type |
|---|---|
| Sector | Miscellaneous |
| Sub Sector | NA |
| Issue Type | Book Building - SME |
Subscription Status
*Values are in Lakhs
| Investor Type | Subscription Times | Shares Offered* | Shares Bid* |
|---|---|---|---|
| QIB | 0x | 0 | 0 |
| NII | 0x | 0 | 0 |
| Retail | 0x | 0 | 0 |
| Employee | 0x | 0 | 0 |
| Total | 0x | 2100000 | 0 |
Subscription Status
Investor Type
QIB
NII
Retail
Employee
Total
*Values are in Lakhs
Icon Facilitators Ltd Financial Status
Income Statement
Balance Sheet
| Particulars (in Rs. Crores) | FY23 | FY22 | FY21 |
|---|---|---|---|
| Revenue from operations | 2.47 | 2.78 | 1.47 |
| EBITDA | 2.56 | 2.90 | 1.60 |
| PAT | 1.76 | 1.92 | 0.94 |
| Total Assets | 16.22 | 13.86 | 10.47 |
| Share Capital | 0.01 | 0.01 | 0.01 |
| Total Borrowings | 3.93 | 6.24 | 5.34 |
| Operating Activities (Net Cash) | 1.85 | 2.04 | 1.07 |
| Investing Activities (Net Cash) | 0.00 | 0.00 | 0.00 |
| Financing Activities (Net Cash) | 3.93 | 6.24 | 5.34 |
| Net Cashflow | 2.53 | 0.20 | 0.02 |
Particulars (in Rs. Crores)
Revenue from operations
EBITDA
PAT
Total Assets
Share Capital
Total Borrowings
Operating Activities (Net Cash)
Investing Activities (Net Cash)
Financing Activities (Net Cash)
Net Cashflow
About Icon Facilitators Ltd
Our Company was incorporated on September 20, 2013, as `Icon Facilitators Private Limited', a private limited company under provisions of the Companies Act, 1956, pursuant to a certificate of incorporation bearing CIN U93000DL2013PTC258273 issued by the Registrar of Companies, National Capital Territory of Delhi & Haryana (RoC). Subsequently, pursuant to a resolution passed by the Shareholders in an Extra-Ordinary General Meeting held on February 17, 2024, our Company was converted from a private limited company to a public limited company and a fresh certificate of incorporation bearing CIN U93000DL2013PLC258273 was issued by the Registrar of Companies, National Capital Territory of Delhi and Haryana (RoC) on June 05, 2024.
We operate primarily in Facility Management Industry. The facility management industry encompasses the integrated management of buildings and their systems, focusing on maintaining functionality, safety, and efficiency. It includes services like maintenance, security, cleaning, and energy management across sectors like commercial, industrial, and residential.
We provide wide array of Technical Facility Management services under one umbrella, such as (i) Electrical System Management Operation (ii) Captive Power Management (iii) STP/ETP and Water Treatment (iv) HVAC Management (v) Building Management System (BMS) (vi) Fire & Safety Equipment's (vii) Elevators Escalators Operations & Maintenance and (viii) Annual Maintenance Contract of E & M Equipment. We provide complete bouquet of solutions to all commercial, retail, industrial and residential clients. Our Company Operation are mainly concentrated in the Northern part of India, having major presence in Haryana, Uttar Pradesh and Delhi, other geographies include Punjab, Rajasthan and Himachal Pradesh.
Peer Comparison:
- Icon Facilitators Limited
- Updater Services Limited
- Krystal Integrated Services Limited
- Rithwik Facility Management Services Limited
Icon Facilitators Ltd IPO Key Points
Strengths
- Strong, experienced and dedicated senior management team and qualified workforce.
- Geographical presence in 5 States and 1 Union Territory.
- Ability to provide good quality services and customer satisfaction.
- Ability to scout for new opportunities and capitalising the same.
- Consistent track record of growth and financial performance.
Risk
- Our business is largely concentrated in North India and is affected by various factors associated with these states.
- Our Company has reported certain negative cash flows from its operating activities, investing activities and financing activities, details of which are given below. Sustained negative cash flow could impact our growth and business.
- We have a large workforce deployed across workplaces and customer premises. Consequently, we may be exposed to service-related claims and losses or employee disruptions, as well as employee related regulatory risks, that could have an adverse effect on our reputation, business, cash flows, results of operations and financial condition.
Strategy
- To Maintain and Expand our Current Business Relationships
- Quality Assurance ensuring standardized quality of our services
- To target pan-India and regional contracts.
- To focus on Operational efficiency
- Strong, experienced and dedicated senior management team and qualified workforce.
- Geographical presence in 5 States and 1 Union Territory.
- Ability to provide good quality services and customer satisfaction.
- Ability to scout for new opportunities and capitalising the same.
- Consistent track record of growth and financial performance.
How To Apply for Icon Facilitators Ltd IPO Online?
Step 1:
Log in to the BlinkX stock market app and click ‘IPO’ in the Xplore section.
Step 2:
From the list of open IPOs, select the IPO you want to invest.
Step 3:
Go through the IPO details like lot size, price band, about the company, etc.
Step 4:
Click ‘Apply IPO’ to apply and enter the number of lots and bidding price along with your UPI ID.
Step 5:
Confirm your bid and accept the payment mandate sent to your UPI App for completing the IPO application.
