Icon Facilitators Limited
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Having completed its public offering, Icon Facilitators Limited's is now listed and trading on the BSE exchange as of Jul 01, 2025. The IPO raised cumulative capital of 21,00,000 Shares, including 21,00,000 Shares in primary capital infusion.
The IPO was conducted with a price range of ₹85 to ₹91 and minimum investment requirement of 1200 shares. subscription activity between Jun 24, 2025 and Jun 26, 2025 reflected market assessment of the offering's valuation and prospects.
The allotment process finalized on Jun 27, 2025 distributed equity ownership to successful bidders. The listing established a transparent market mechanism for share trading, price discovery, and investor participation in the company's future growth.
Investors can bid starting from the minimum lot size specified for this IPO, and only in multiples of that lot size. The table below shows the minimum and maximum investment for retail investors and HNIs in terms of lots, quantity, and amount.
Icon Facilitators Limited (IFL), established in 2002, is a facilities management company that provides integrated technical services across India. Its offerings include a wide range of services such as electrical system management, HVAC operations, water treatment, and fire and safety equipment maintenance. IFL specializes in Integrated Facilities Management, combining soft services like housekeeping and pest control with hard services such as HVAC, electrical systems, fire safety, and overall building operations. The company primarily operates in Northern India, managing 127 sites, and has recently expanded to Bengaluru to support its growth strategy, with Mr. Basil Arun Keelor leading the South India operations. As of May 15, 2025, IFL employs 1,955 people.
Note : "Calculations for ‘Shares Offered’ and ‘Total Amount’ are based on the highest price in the issue price band."
- Leading in North India: A key player in the region with a broad and premium product range.
- Wide Customer Reach: Serves diverse clients with long-term, trusted partnerships.
- Quality-Driven Approach: Focuses on delivering reliable and consistent products and services.
- Regional Dependency Risk: Heavy focus on North India makes the business sensitive to local disruptions.
- Cash Flow Challenges: Negative cash flows across key areas may affect financial health and future growth.
- Workforce & Compliance Risk: A large team across locations increases chances of employee issues and regulatory hurdles.
- Mr. Dinesh Makhija
- Ms. Pooja Makhija
Icon Facilitators Limited
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