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News Details

( As on 18/06/2025 20:00)

Icon Facilitators L announces launch of initial public offering

Icon Facilitators Ltd. has announced public offering of 2100000 shares at a price of Rs 10.00 each for Cash at a Premium of Rs 81.00 per share. The gross proceeds of the issue are expected to be Rs 1,911.00 lakhs.

The company's initial public offer (IPO) will open on 24 June 2025 and is expected to close on 26 June 2025, subject to customary closing conditions. The price band of the issue has been fixed at Rs 85.00-91.00 per share.

The IPO includes a fresh Issue of 2100000 Equity Shares of the Company at an price of Rs 91.00 per Equity Share. The company has fixed the minimum bid lot for the issue at 1200 shares with bids in multiples of 1200.

Icon Facilitators Ltd. anticipates using the proceeds of the issue for .

Khambatta Securities Ltd.,Khambatta Securities Ltd. as lead manager(s) & Maashitla Securities Pvt. Ltd. is the registrar, to the issue.