Icon Facilitators BSE SME IPO: Key Details at a Glance
In 2024, the facility management services (FMS) market was valued at around USD 1.33 trillion. By 2029, it will reach close to USD1.66 trillion. That’s steady growth at about 4.66% every year. This just shows how more businesses now want safe and well-run spaces.
Icon Facilitators Limited, a company that has been working in this space, is now launching its IPO. So, if someone’s looking to invest in the technical facilities management services sector, this could be a good place to start.
The IPO lead manager is Khambatta Securities. The registrar of the Icon Facilitators IPO is Maashitla Securities.
See this DRHP to get more Icon Facilitators BSE SME IPO details.
Note: For 50% of the shares, the anchor lock-in period expires 30 days following the actual allocation, and for the remaining part, it ends 90 days later.
Icon Facilitators BSE SME IPO: Company Profile
Icon Facilitators is taking the next big step by planning to go public. They've sent their draft papers (DRHP) to SEBI, which means an IPO is on the way.
Particulars | Details |
Established | 2013 |
Services | Captive Power Management, Elevators, Escalators Operations & Maintenance, Fire & Safety Equipment, HVAC Management, STP/ETP and Water Treatment, Building Management System (BMS), Electrical System Management Operation |
Number of Employees | 1853 |
Number of Sites | 20 |
Chairman And Managing Director | Mr. Dinesh Makhija |
Headquartered | Janakpuri, New Delhi |
Competitors | Rithwik Facility Management, Updater Services, and Krystal Integrated Services. |
Exploring Icon Facilitators BSE SME IPO
This section breaks down the important details like the Icon Facilitators BSE SME IPO price, dates, and its financial performance.
Icon Facilitators BSE SME IPO Date
The IPO timeline for Icon Facilitators is shared below.
Event Description | Scheduled Date |
Public offering opens for subscription | 24 Jun 2025 |
Last date to place bids | 26 Jun 2025 |
Deadline to approve UPI payment | 26 Jun 2025 (5 PM) |
Share allotment to be finalised | 27 Jun 2025 |
Refunds for non-allotted applicants begin | 30 Jun 2025 |
Equity shares credited to Demat accounts | 30 Jun 2025 |
Planned stock exchange listing | 1 July 2025 |
UPI mandate validity ends | 11 July 2025 |
Lock-in release for 50% anchor allocation | 27 July 2025 |
Lock-in expiry for remaining anchor shares | 25 September 2025 |
Icon Facilitators IPO size
Let’s take a look at how big the Icon Facilitators IPO is.
Particulars | Number of Equity Shares | Aggregate Value |
Fresh Issue | 21,00,000 | ₹18.15 crores |
Offer for Sale | — | — |
Overall Issue | 21,00,000 | ₹18.15 crores |
This section outlines how Icon Facilitators plans to use the funds.
Purpose | Amount (₹ in lakhs) |
Funding day-to-day business operations | 1,600.00 |
Business-related general expenses (1) | Not Disclosed |
Total | Not Disclosed |
Other takeaways from the Icon Facilitators IPO, BSE SME share price
Here’s how much each share will cost in the Icon Facilitators IPO.
Particulars | Description |
Face value of each share | ₹10 |
Price Range | ₹85 – ₹91 |
Listed At | BSE SME |
Categorisation of different investors
See how bidding varies for retail, HNIs, and institutional buyers.
Particulars | Qualified Institutional Buyers (QIBs) | Non-Institutional Investors (NIIs) | Retail Individual Investors (RIIs) | Market Maker (MM) |
Reservation | Not more than 9,97,200 equity shares | Not less than 3,00,000 equity shares | Not less than 6,98,400 equity shares | 1,05,600 equity shares |
Minimum Bid Size | Not Disclosed | Bid amount above ₹2,00,000 | Bid amount up to ₹2,00,000 | Not Disclosed |
Maximum Bid Size | As permitted by regulations | Up to the allowed maximum | Up to ₹2,00,000 | Not Disclosed |
A demat account is a must to receive your IPO shares. If you don't have it, set it up with a leading broker and track your IPO allotments. Also, make sure you check the Icon Facilitators BSE SME IPO news frequently, so as not to miss any updates.
Icon Facilitators BSE SME IPO details: Key Financials
Strong FY24 numbers and market demand make Icon Facilitators’ IPO worth a look.
Particulars | FY 2024 (₹ in lakhs) | FY 2023 (₹ in lakhs) | FY 2022 (₹ in lakhs) |
Revenue from operations | 4,984.21 | 4,296.30 | 3,792.10 |
Total Income | 4,984.82 | 4,296.30 | 3,792.10 |
EBITDA | 289.35 | 311.57 | 172.92 |
PAT | 176.24 | 192.30 | 94.19 |
PAT Margin | 3.54% | 4.48% | 2.48% |
Operating Cash Flow | 436.75 | -40.99 | -105.59 |
Metrics of Icon Facilitators BSE SME IPO
Particulars | FY 2024 | FY 2023 | FY 2022 |
Net Worth | 594.86 | 418.62 | 226.32 |
Net Debt | 219.34 | 351.68 | 286.94 |
Debt Equity Ratio | 0.42 | 0.89 | 1.28 |
ROCE (%) | 33.40% | 37.95% | 30.93% |
ROE (%) | 29.63% | 45.94% | 41.62% |
EBITDA Margin(4) | 5.81% | 7.25% | 4.56% |
Strengths and risks
Like any company, Icon Facilitators has its strengths and some areas to watch out for.
Strengths
Strong presence in North India across 130+ sites.
They serve clients from different industries and have built long-term partnerships.
Known for reliable service with ISO certifications and solid process systems.
Run by a promoter and a skilled management team.
Risks
Negative cash flow in FY25 and FY23 due to late payments from clients.
Managing a large workforce across sites comes with risks.
Depends heavily on skilled workers.
Just 10 clients bring in 87% of the money.
Should you apply for the Icon Facilitators IPO?
The Icon Facilitators BSE SME IPO GMP stood at ₹10 on Tuesday. The positive GMP suggests growing investor interest ahead of the listing. With 10+ years of industry experience and strong numbers in FY24, this could be one to watch. Hence, you must check its price regularly for a better Icon Facilitators BSE SME IPO review.
Apply for the Icon Facilitators IPO!
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