IKIO Lighting lists with 37.19% premium on the BSE
IKIO Lighting has debuted at Rs 391.00 on the BSE, up by 106 points or 37.19% from its issue price of Rs 285.
The scrip is currently trading at Rs 417.80, up by 132.80 points or 46.60% from its issue price. It has touched a high and low of Rs 424.00 and Rs 391.00 respectively.
The offering, which was open for subscription between June 6, 2023 and June 8, 2023 was subscribed 66.30 times. The issue price was fixed at Rs 285 per share i.e. at upper end of price band of Rs 270-285 apiece.
IKIO Lighting is an Indian manufacturer of light-emitting diode (LED) lighting solutions.