Allotment today

Icon Facilitators Limited IPO

Icon Facilitators Limited is engaged in providing integrated technical facility management services across commercial, industrial, and residential sectors. The company offers specialized services including electrical system maintenance, HVAC operations, STP/ETP management, firefighting systems, plumbing, and building automation solutions.

RHP DRHP Check Allotment Status

Min Investment

₹1,09,200

Lot Size

1,200 Shares

Price Range

₹91.0

Issue Size (₹ Cr.)

₹18.15

IPO Type

BSE SME

Key Metrics

Face Value

₹ 10

GMP

₹ 0.0

Subscription

2.49x

EPS

₹ 5.77

P/E Ratio

15.78 x

RoNW

35.23%

ROE

35.23%

Debt to Equity (₹ Cr.)

Timeline

IPO Opened23/06/2025Monday

IPO Closed26/06/2025Thursday

AllotmentToday

Refund30/06/2025Monday

Listing01/07/2025Tuesday

Strengths

Specialized Facility Management Services The company excels in providing technical facility management services like electrical maintenance, HVAC, water treatment systems, and automation, catering to commercial and industrial properties.
Widespread Regional Operations With a presence across key states like Delhi, Haryana, Uttar Pradesh, and Karnataka, the company serves clients at over 120+ locations, reflecting strong operational capability.
Well-Established Client Relationships Icon Facilitators has built long-standing partnerships with reputed brands in sectors such as manufacturing, real estate, healthcare, and IT, ensuring recurring business.
Consistent Revenue Growth The company has demonstrated steady growth in turnover, driven by service expansion and client retention across varied geographies.
Focused Use of IPO Proceeds The IPO aims to boost working capital and expand project execution capabilities, which aligns directly with the company’s core operational needs and strategic goals.

Weaknesses

Geographic Concentration Risk A majority of operations are concentrated in Northern India, which may limit diversification and expose the company to regional economic fluctuations.
Client Dependency A significant portion of revenue comes from a few key clients, creating vulnerability in case of contract non-renewals or payment delays.
Working Capital Intensive Business Facility management services often involve high upfront manpower and operational costs, putting pressure on liquidity and cash flow.
Limited Brand Visibility Despite operating in a critical service sector, the company lacks strong brand recognition at a national level compared to larger facility management firms.
Scalability Constraints Growth into new regions or segments may require substantial investment in manpower, infrastructure, and training, which could strain resources in the short term.