Icon Facilitators IPO Details
The key details of Icon Facilitators’s IPO are outlined below, covering all crucial aspects from price range to investment requirements and regulatory documents.
| IPO Size | ₹18.15 Cr |
| Price Range | ₹85 - ₹91 |
| Retail Quota | 35% |
| QIB Quota | 50% |
| NII Quota | 15% |
| Employee Discount | -- |
| Listing at | BSE |
| Minimum Quantity | 1200 |
| Investment (cut-off price) | ₹1,09,200 |
| Pre IPO Promotor Holding | 95.65% |
| Post IPO Promotor Holding | 70.09% |
| DHRP Draft | Click Here |
| RHP Draft | Click Here |
| Anchor Investors List | Click Here |
Icon Facilitators IPO Timelines
The IPO process for Icon Facilitators includes key dates for participants to know. The timeline allows for strategic planning and participation, helping investors stay informed and engaged throughout the entire process.
24/06/2025
Start Date26/06/2025
End Date30/06/2025
Refund Initiation30/06/2025
Credit of Shares to Demat Ac01/07/2025
Listing DateIcon Facilitators IPO Lot Size
The Icon Facilitators IPO has a fixed lot size of 1,200 shares, at an upper price band of ₹91 per share, requiring ₹109,200 per lot for retail investors. For HNI investors, the minimum application is 2,400 shares (2 lots) amounting to ₹218,400.
| Application | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 1 | 1200 | ₹1,09,200 |
| Retail Maximum | 1 | 1200 | ₹1,09,200 |
| HNI Minimum | 2 | 2400 | ₹2,18,400 |
Icon Facilitators IPO Subscription Status
The subscription status for Icon Facilitators IPO shows market demand across different investor categories, providing valuable insights into the offering’s performance. You can track real-time subscription data below.
| QIB | NII | Retail | EMP | Total |
|---|---|---|---|---|
| 2.18x | 0.92x | 4.10x | -- | 2.49x |
IPO Performance on Listing Day
On the listing day (July 1, 2025), Icon Facilitators made a weak debut on the stock exchange. The stock opened at ₹90, registering a slight discount of 1.1% against its issue price of ₹91. Throughout the trading session, the stock remained under pressure, touching a high of ₹90 and slipping to a low of ₹85.50. The shares concluded their first trading day at ₹85.50, closing with a loss of 6% from the issue price, reflecting subdued investor interest in this business support services provider.
| Opening Price | Closing Price | Day High | Day Low |
|---|---|---|---|
| ₹90.00 | ₹85.50 | ₹90.00 | ₹85.50 |
Icon Facilitators IPO Company Financials
Icon Facilitators IPO reports robust performance in FY2025 with Total Income of ₹58.07 crores, managing expenses at ₹52.04 crores, and achieving a strong PAT (Profit After Tax) of ₹4.47 crores, demonstrating significant growth potential ahead of its public offering.
| Year | Total Income | Total Expense | PAT |
|---|---|---|---|
| FY 2023 | ₹42.96 | ₹40.30 | ₹1.92 |
| FY 2024 | ₹49.85 | ₹47.47 | ₹1.76 |
| FY 2025 | ₹58.07 | ₹52.04 | ₹4.47 |
About Company
Incorporated in 2002, Icon Facilitators Limited (IFL) is a facilities management company offering a broad spectrum of integrated technical services across India, with a strong concentration in Northern India and recent expansion into Bengaluru. The company specializes in managing essential infrastructure systems such as electrical systems, HVAC operations, water treatment (STP/ETP), fire and safety equipment, and captive power generation. Operating at 127 sites and employing 1,955 staff as of May 2025, IFL is led in its South Indian growth by Mr. Basil Arun Keelor. Its services are tailored for commercial, retail, industrial, and residential clients and delivered under a B2B model focused on reliability and operational efficiency.
IFL provides a complete range of Integrated Facilities Management (IFM) services, divided into “Hard Services” and “Soft Services.” Hard Services include technical operations like HVAC and electrical systems management, water treatment, fire and safety systems, building management systems (BMS), and elevator/escalator maintenance. Soft Services cover areas such as housekeeping, pest control, façade cleaning, and cafeteria management. While IFL delivers end-to-end technical facility management solutions, their role is limited strictly to operations and maintenance—they do not engage in the design or installation of systems. This targeted approach allows them to efficiently meet the ongoing needs of facilities across various sectors.
| Incorporation Date | Sector | Managing Director |
|---|---|---|
| 2002 | Engineering | Dinesh Makhija |
Know Before Investing
Icon Facilitators IPO Strengths
- The company has demonstrated strong financial performance, with revenue rising from ₹49.85 crores in 2024 to ₹58.07 crores in 2025, and profits increasing from ₹1.76 crores to ₹4.47 crores over the same period.
- Icon Facilitators operates in the Engineering-EPC sector, benefiting from India’s ongoing infrastructure and industrial development.
- The company’s total assets have increased from ₹17.66 crores in 2024 to ₹23.95 crores in 2025, reflecting ongoing business expansion and investment in infrastructure.
- The company primarily operates on a B2B basis, serving a broad spectrum of clients including industrial, commercial, retail, and residential sectors, which provides diversified revenue streams and reduces sector-specific risk.
- The company focuses on building sustainable, long-term relationships with clients, which drives repeat business and steady demand for its services.
Icon Facilitators IPO Risks
- The company’s business is project-driven and tied to the engineering-EPC sector, making revenue dependent on the timing and execution of contracts, and vulnerable to economic cycles.
- If a significant portion of revenue comes from a few major clients, the loss or reduction in business from any key customer could adversely impact financial performance.
- The company must comply with evolving regulations in the engineering and facilities management sector, with non-compliance potentially leading to penalties or operational disruptions.
- Delays in project completion, cost overruns, or quality issues could negatively impact profitability and client relationships.
- The company relies on a large and skilled workforce. Any labor shortages, disputes, or loss of key personnel could disrupt operations and service delivery.
- While the company is expanding, a significant portion of its business is concentrated in North India, making it vulnerable to regional economic downturns or regulatory changes.
Swot Analysis for Icon Facilitators IPO
Strengths
Strong Revenue and Profit Growth, Healthy Margins, Scalability Potential
Weaknesses
Regional Concentration, Uncertain Valuation Clarity, Limited Brand Recognition
Opportunities
Sectoral Growth, Geographic Expansion, Strategic Alliances
Threats
Intense Competition, Economic Downturns, Regulatory Risks
Company Details
Icon Facilitators Limited
C-28, 2nd Floor Community Centre, Janakpuri, New Delhi110058, India.
Phone: +91-9625930130
Email: cs@iconf.in
Website: http://www.iconf.in/
IPO Registar Details
Maashitla Securities Private Limited
Phone: +91-11-45121795-96
Email: ipo@maashitla.com
Website: https://maashitla.com/allotment-status/public-issues
FAQs
The key objectives of Icon Facilitators IPO are:
- Working Capital Requirement
- General Corporate Purpose
Khambatta Securities Limited is the book-running lead managers for the Icon Facilitators IPO.
Icon Facilitators IPO showcases strong growth potential, driven by impressive financial performance and sector tailwinds. Revenue grew from ₹49.85 crore in 2024 to ₹58.07 crore in 2025, while profit after tax more than doubled from ₹1.76 crore to ₹4.47 crore. With a high ROE of 35.23%, ROCE of 37.09%, and a solid EBITDA margin of 11.28%, the company demonstrates strong operational efficiency. A low debt-to-equity ratio of 0.35 further highlights its financial stability and prudent capital management.
The issue price for the Icon Facilitators IPO is set between ₹85 to ₹91 per share.
To invest in one lot of Icon Facilitators IPO, you need ₹1,02,000 at the lower price band (₹85 per share) or ₹1,09,200 at the upper price band (₹91 per share) for a lot size of 1200 shares.
Icon Facilitators IPO shares are scheduled to be listed on the Bombay Stock Exchange (BSE) on July 1, 2025.
Refund/unblocking of funds for Icon Facilitators IPO will begin on June 30, 2025. ASBA/UPI blocks will be removed within 1 working day.
You can sell shares your Icon Facilitators IPO shares on listing day (July 1, 2025) after they are credited to your demat account. If you want to sell in the pre-open market, the timing for that session is from 9:00 AM to 9:15 AM. Otherwise, you can sell after 10:00 AM during regular trading hours.