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Icon Facilitators IPO

  • Status: Closed
  • RHP:
  • ₹ 102,000 / 1200 shares

    Minimum Investment

Icon Facilitators IPO Details

  • Open Date

    24 Jun 2025

  • Close Date

    26 Jun 2025

  • Listing Date

    01 Jul 2025

  • IPO Price Range

    ₹ 85 to ₹91

  • IPO Size

    ₹ 18.15 Cr

  • Listing Exchange

    BSE SME

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Timeline Subscription Status Financials SWOT FAQ Contacts

Icon Facilitators IPO Timeline

Icon Facilitators IPO Subscription Status

Last Updated: 26 June 2025 6:05 PM by 5paisa

Icon Facilitators Limited (IFL) is set to release its IPO on June 24, 2025. Incorporated in 2002, the company is a prominent player in India’s facilities management space, delivering integrated technical and support services. From HVAC management and water treatment to electrical systems and fire safety maintenance, IFL provides a full stack of both hard and soft facility services across the country.
Headquartered in Northern India with 127 operational sites, Icon Facilitators has also recently expanded into South India, with Bengaluru as its latest strategic footprint.

Established in: 2002
Managing Director: Mr. Dinesh Makhija
 

Icon Facilitators Objectives

The company plans to utilise the net IPO proceeds towards:

Meeting working capital requirements
General corporate purposes
 

Icon Facilitators IPO Size

Types Size
Total IPO Size ₹18.15 Cr
Offer For Sale -
Fresh Issue ₹18.15 Cr

 

Icon Facilitators IPO Lot Size

Application Lots Shares Amount
Retail (Min) 1 1200 ₹1,02,000
Retail (Max) 1 1200 ₹1,02,000
HNI (Min) 2 2400 ₹2,04,000

Icon Facilitators IPO Reservation

Investors Category Subscription (times) Shares Offered Shares bid for Total Amount (Cr.)*
QIB 2.18 1,00,800 2,19,600     1.998
NII (HNI) 0.92 9,46,800 8,67,600 7.895
Retail 4.10 9,46,800 38,80,800 35.315
Total** 2.49 19,94,400     49,68,000 45.209

 

*The "Shares Offered" and "Total Amount" are calculated using the upper limit of the issue price range.
**Shares allocated to anchor investors (or market makers) are excluded from the total number of shares offered.

Profit and Loss

Balance Sheet

Particulars (in Rs. Crores) FY23 FY24 FY25
Revenue 42.96 49.85 58.07
EBITDA 3.12 2.89 6.55
PAT 1.92 1.76 4.47
Particulars (in Rs. Crores)] FY23 FY24 FY25
Total Assets 0.00 0.00 0.00
Share Capital 0.01 0.01 5.76
Total Borrowings 14.93 17.66 23.95
Particulars (in Rs. Crores FY23 FY24 FY25
Net Cash Generated From / (used in) operating activities -0.41 4.37 -2.82
Net Cash Generated From / (used in) investing activities -0.16 -0.43 -0.43
Net Cash Generated From / (used in) financing activities 0.74 -1.60 2.89
Net Increase (Decrease) In Cash And Cash Equivalents 0.18 2.33 -0.36


Strengths

1. Leading facilities management provider in Northern India
2. Comprehensive service portfolio across soft and hard facility management
3. Strong client retention and diverse contract base
4. Experienced promoters and a robust management team
 

Weaknesses

1. High operational dependency on Northern markets
2. Slight cash flow inconsistency in FY25
3. No external borrowings may limit scale without equity infusion
4. Labour-intensive operations may affect margins under economic stress

Opportunities

1. Growth in commercial real estate and infrastructure boosts facilities demand
2. Untapped markets in South and West India
3. High demand for bundled, integrated facility solutions
3. Rising focus on compliance, safety, and sustainability in corporate premises
 

Threats

1. Intense price competition in the facility management sector
2. Retention of skilled technical workforce
3. Operational costs inflation may erode margins
4. Client turnover risks due to a contract-based business model
 

1. Strong brand reputation in Northern India’s facility management industry
2. Zero-debt company with consistent revenue and PAT growth
3. Wide portfolio of integrated services in a high-demand sector
4. Strategic expansion to South India for pan-India presence
5. Scalable model backed by experienced leadership
 

1. Facility management in India is booming due to urbanisation and real estate growth.
2. Organised retail and IT parks are fuelling demand for integrated services.
3. Companies prefer end-to-end facility solutions with high-quality standards.
4. Icon Facilitators is well-placed to grow through regional expansion and sector formalisation.
 

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FAQs

Icon Facilitators IPO opens on June 24, 2025, and closes on June 26, 2025.

The Icon Facilitators IPO size is ₹18.15 Cr through a fresh issue of 19.94 lakh shares.

Icon Facilitators IPO price band is ₹85 to ₹91 per share.
 

To apply for Icon Facilitators IPO, follow the steps given below

  • Login to your 5paisa account
  • Go to the current IPO section and select Icon Facilitators
  • Enter the lot size and bidding price
  • Enter your UPI ID and submit
  • Approve the UPI mandate on your app

The minimum lot of Icon Facilitators IPO size is 1,200 shares with an investment of ₹1,02,000.
 

Icon Facilitators IPO allotment is expected to be finalised on June 27, 2025.
 

Tentative listing date of Icon Facilitators IPO is July 1, 2025, on the BSE SME platform.
 

Khambatta Securities Limited is the book-running lead manager of Icon Facilitators IPO.
 

Proceeds will be utilised for:

Working capital requirements
General corporate purposes