Icon Facilitators SME IPO
ListedBSE SMEOpens 24 June 2025Closes 26 June 2025
Icon Facilitators is an integrated business service platform offering technical facility management services. Their key services, categorized as 'Hard Services,' include Electrical System Management Operation, Captive…
Icon Facilitators is an integrated business service platform offering technical facility management services. Their key services, categorized as 'Hard Services,' include Electrical System Management Operation, Captive Power Management, STP/ETP and Water Treatment, HVAC Management, Building Management System (BMS), Fire & Safety Equipment’s, Elevators Escalators Operations & Maintenance, and Annual Maintenance Contracts for E&M Equipment.
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Key ratios
As per RHP / filingsTimeline
IPO Opens
24 Jun 2025
IPO Closes
26 Jun 2025
Allotment
27 Jun 2025
Listing
1 Jul 2025
IPO Timeline & Listing Details
| Event | Date |
|---|---|
| IPO Open Date | 24 June 2025 |
| IPO Close Date | 26 June 2025 |
| Allotment Date | 27 June 2025 |
| Listing Date | 1 July 2025 |
Investment Categories
| Category | Lots | Amount |
|---|---|---|
Individual | 2 | ₹2,18,400 |
SHNI (Min) | 3 | ₹3,27,600 |
SHNI (Max) | 9 | ₹9,82,800 |
BHNIAbove ₹10,00,000 | 10 | ₹10,92,000 |
IPO Objectives
- Working Capital Requirement.
- General Corporate Purpose.
Strengths
- One of the strongest players in North India with a large and premium portfolio under management (130 sites and 120 million sq. ft. area), demonstrating significant market presence.
- Diverse base of clients across commercial, retail, industrial, and residential sectors, providing revenue stability and reducing dependence on a single segment.
- Quality-oriented delivery of services, evident in their comprehensive hard and soft facility management offerings and focus on client satisfaction.
- Experienced Promoter and management team with extensive knowledge and expertise in the integrated business services and facility management industry.
- Historical track record of strong financial performance with consistent revenue growth (16% between FY24 and FY25) and significant profit after tax increase (154% between FY24 and FY25), along with a healthy RoNW of 35.23% (FY25).
Weaknesses
- High reliance on contractual agreements (Annual Maintenance Contracts) for service delivery, making the business vulnerable to contract non-renewal, early termination, or changes in contract terms.
- Geographic concentration of revenue, primarily from North India (Haryana, Uttar Pradesh, and Delhi), exposing the company to regional economic downturns or regulatory changes.
- Labor-intensive nature of the business, leading to dependence on a large workforce and exposure to risks related to labor availability, attrition, and rising wage costs.
- Intense competition in the facility management sector from both organized and unorganized players, which could lead to pricing pressures and impact profitability.
- Exposure to regulatory compliance risks related to labor laws, environmental regulations, and other industry-specific norms.
Financial Performance
| Period Ended | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Assets (₹ Cr.) | 23.95 | 17.66 | 14.93 |
| Revenue (₹ Cr.) | 58.07 | 49.85 | 42.96 |
| PAT (₹ Cr.) | 4.47 | 1.76 | 1.92 |
| Net Worth (₹ Cr.) | 12.69 | 5.95 | 4.19 |
Peer Comparison
| Company | P/B Ratio | P/E Ratio | RONW (%) | Net Worth (₹ Cr.) |
|---|---|---|---|---|
| Icon Facilitators Limited | 4.05 | 16 | 35.23% | 12.69 |
| Updater Services Limited | 2.02 | 16.27 | 12.4% | 846 |
| Krystal Integrated Services Limited | 1.86 | 18.62 | 10% | 376 |
Subscription Details
Daily Bids Status
| Category | Day 1 | Day 2 | Day 3 |
|---|---|---|---|
| QIB | 1.1x | 1.1x | 2.18x |
| NII | 0.41x | 0.35x | 0.91x |
| RII | 0.91x | 1.43x | 4.06x |
| Total | 0.68x | 0.9x | 2.47x |
Overall Subscription Statistics
| Category | Shares Offered | Shares Bid | Bid Amount (₹ Cr) |
|---|---|---|---|
| QIB | 1,00,800 | 2,19,600 | 2 |
| NII | 9,46,800 | 8,64,000 | 7.86 |
| RII | 9,46,800 | 38,43,600 | 34.98 |
| Total | 19,94,400 | 49,27,200 | 44.84 |
Company Details
- Icon Facilitators Limited
- C-28, 2nd Floor Community Centre, Janakpuri, New Delhi, New Delhi-110058, India
- +91-9625930130
- cs@iconf.in
- http://www.iconf.in/
Registrar Details
- Maashitla Securities Private Limited
- +91-11-45121795-96
- ipo@maashitla.com
- https://maashitla.com/allotment-status/public-issues
Frequently Asked Questions
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Icon Facilitators SME IPO Allotment
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Sources
We match Icon Facilitators SME IPO IPO numbers with official sources. For final dates and allotment results, double-check the registrar or exchange.
- SEBIRules for IPO allotment and disclosures in India
- NSEExchange notices, bidding data, and listing updates
- BSEExchange notices and IPO allotment check tools
- RHP / Offer DocumentCheck the company RHP on NSE/BSE or the IPO detail page
- Maashitla Securities Private LimitedOfficial site to check allotment status for this IPO
Also read our Editorial Policy, How GMP is calculated, How allotment chances work, and IPO fund allocation.
Reviewed by
Dinesh Agrawal · Lead IPO Analyst
15+ years in Indian markets and IPO research. He reviews IPO dates and key details before they go live.