- POSITIVE
Annual Revenue Icon Facilitators Mar-2026 Annual Revenue is Rs 64 Cr which is growth of 11.0% YoY.
- NEGATIVE
Annual Net Profit Icon Facilitators Mar-2026 Annual Net Profit is Rs 4 Cr which is growth of -2.6% YoY.
Icon Facilitators was incorporated on September 20, 2013. The company is an integrated business services platform offering technical facilities management services, primarily in North India. Services include electrical systems, HVAC, BMS, fire safety, water treatment, and E&M equipment maintenance
| Bidding Dates |
|---|
| 24 Jun 2025 - 26 Jun 2025 |
| Subscription |
|---|
| 2.42x Oversubscribed |
| Minimum Investment | Minimum Lot | Maximum Lot | Lot Size | Number of Shares | Issue Price Band | Post Issue Promoter Holding % | Issue Size | IPO Document |
|---|---|---|---|---|---|---|---|---|
| ₹102,000 | 1 | 1 | 1200 | 2.1 M | ₹85 - ₹91 | 70.09 % | ₹178.5 M - ₹191.1 M | RHP DOC |
Icon Facilitators IPO SUBSCRIPTION STATUS
26 Jun '25Total2.42x
Retail Individual Investor5.28x
HNI (NII) Investors3.1x
Qualified Institutional Buyers0.21x
Icon Facilitators IPO overall subscription rate was 2.42 times the total available shares
Icon Facilitators IPO retail subscription rate was 5.28 times in the retail segment
Icon Facilitators IPO non-institutional investor subscription rate was 3.1 times in the non-institutional investor category
Icon Facilitators IPO Qualified Institutional Bidder subscription rate was 0.21 times the available shares for Qualified Institutional Bidder
| Day | Retail Individual Investor | HNI (NII) Investors | Qualified Institutional Buyers |
|---|---|---|---|
| Category Reservation | 35% | 15% | 50% |
26 Jun 2025 (Day 3) | 5.28x | 3.1x | 0.21x |
25 Jun 2025 (Day 2) | 1.85x | 1.4x | 0.11x |
24 Jun 2025 (Day 1) | 1.17x | 1.22x | 0.11x |
Icon Facilitators FINANCIALS
| Period | Net Profit (Rs in crore) | Revenue from Operations (Rs in crore) | Cash Flow from Operations (Rs in crore) | Free Cash Flow (Rs in crore) | Margins |
| FY25 | 4.5 | 58.1 | -2.8 | -3.3 | 11.3% |
| FY24 | 1.8 | 49.8 | 4.4 | 3.9 | 5.8% |
| FY23 | 1.9 | 43.0 | -0.4 | -0.6 | 7.3% |
Icon Facilitators IPO SUBSCRIPTION STATUS DETAILS
Icon Facilitators had 2.1 M shares on offer
Icon Facilitators IPO offer price was in the range ₹85 - ₹91
Icon Facilitators IPO minimum Investment was ₹102000
Icon Facilitators IPO issue size was ₹ 178.5 M - ₹ 191.1 M
Icon Facilitators had a minimum lot size of 1200 Shares per application
Icon Facilitators NUMBER OF SHARES ON OFFER
Total2.1 M
Fresh Issue2.1 M
Offer for Sale0
Post Issue Promoter Holding %70.09 %
Icon Facilitators IPO IMPORTANT DATES
| Issue Open Date | 24 Jun 2025 |
| Issue close Date | 26 Jun 2025 |
| Allotment Date | 27 Jun 2025 |
| Refund Date | 30 Jun 2025 |
| Demat Account Credit Date | 30 Jun 2025 |
| Listing Date | 01 Jul 2025 |
| Listing on Exchange(s) | BSE |
| Icon Facilitators Allotment Status | Exchange/ Registrar |
Icon Facilitators IPO subscription opened on 24 Jun 2025, and closed on 26 Jun 2025
IPO allotment for Icon Facilitators was finalized on Friday, 27 Jun 2025
IPO listing for Icon Facilitators was on BSE on Tuesday, 01 Jul 2025
Icon Facilitators IPO LISTING GAINS
| Issue Price (adjusted) | 91.0 |
| Listing Open Price | 90.0 |
| Listing Close Price | 85.5 |
| Listing Gain% | -1.1% |
| Current Gain% | -29.2% |
Icon Facilitators Peer
| Stock | Stock Price | Market Cap (Rs crore) | PE TTM | PEG TTM | PS TTM | ROE% | ROA% | Annual Revenue (Rs crore) | Annual Revenue Growth % | Annual Net Profit (Rs crore) | Annual Net Profit Growth % | EPS TTM | EPS TTM Growth % |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Icon Facilitators Ltd. | 64.4 | 50.7 | 11.6 | -4.5 | 0.8 | 12.2 | 10.1 | 64.5 | 11 | 4.4 | -2.6 | 5.5 | -2.6 |
| International Gemological Institute Ltd. | 330.6 | 14285 | 23.4 | 1 | 10.5 | 47.8 | 38.3 | 1661.9 | 52.7 | 711.2 | 66.4 | 14.1 | 24.3 |
| Indiabulls Ltd. | 29.8 | 6957 | 16.6 | 0 | 6.3 | 8.9 | 6.6 | 880.8 | 172602 | 273.9 | 501.6 | 1.8 | 739.2 |
| SIS Ltd. | 418.4 | 5913.9 | 40.4 | 0.2 | 0.3 | 5.4 | 1.8 | 16030.1 | 20.9 | 137.8 | 1069.1 | 10.4 | 261.6 |
| eMudhra Ltd. | 653.4 | 5411.3 | 47 | 1.8 | 7.3 | 11.8 | 8.9 | 713.2 | 35.1 | 107.8 | 27.4 | 13.9 | 25.5 |
| Network People Services Technologies Ltd. | 1796.3 | 3747.7 | 91.8 | 4.1 | 17.2 | 9.3 | 8 | 209.4 | 15.9 | 40.8 | -9.7 | 19.6 | 22.4 |
Annual
Balance Sheet
Ratios
Cash Flow
Icon Facilitators annual results: revenue, profit, P&L, and margins as of Mar 2026 – 11 year history
Nested row level
Base Level
Reporting Type
Standalone
Cell Data
Actual
Table Settings
YoY & New to Old
CAGR Columns
Select...
Nested row level
Base Level
Export
| Indicator | Graph | CAGR 3 Yrs | CAGR 5 Yrs | Mar '26 | Mar '25 | Mar '24 | Mar '23 | Mar '22 | Mar '21 | Mar '20 |
|---|---|---|---|---|---|---|---|---|---|---|
14.5% | 13.1% | 64.5 | 58.1 | 49.9 | 43 | 37.4 | 34.9 | 41.9 | ||
Operating Exp. Ann. | 13.2% | 11.4% | 57.9 | 51.5 | 47 | 39.9 | 36.2 | 33.8 | 39.3 | |
Operating Profit Ann. | 27.3% | 42.2% | 6.4 | 6.6 | 2.9 | 3.1 | 1.2 | 1.1 | 2.6 | |
OPM Ann. % | 10.9% | 25.7% | 9.89% | 11.28% | 5.80% | 7.25% | 3.22% | 3.15% | 6.21% | |
13.2% | 11.4% | 58.5 | 52 | 47.5 | 40.3 | 36.5 | 34.1 | 39.7 | ||
EBITDA Ann. | 28.6% | 43.1% | 6.6 | 6.6 | 2.9 | 3.1 | 1.2 | 1.1 | 2.6 | |
EBITDA Ann. margin % | 12.3% | 26.6% | 10.26% | 11.28% | 5.82% | 7.25% | 3.22% | 3.15% | 6.21% | |
Interest Ann. | 0% | 8.4% | 0.3 | 0.3 | 0.4 | 0.3 | 0.3 | 0.2 | 0.3 | |
Depr. | 58.7% | 32% | 0.4 | 0.2 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | |
PBT Ann. | 30.5% | 49.6% | 6 | 6 | 2.4 | 2.7 | 0.9 | 0.8 | 2.2 | |
Tax Ann. | 28.9% | 49.6% | 1.5 | 1.6 | 0.6 | 0.7 | 0.2 | 0.2 | 0.6 | |
32.3% | 49% | 4.4 | 4.5 | 1.8 | 1.9 | 0.7 | 0.6 | 1.6 | ||
Net Profit Ann. | 32.3% | 49% | 4.4 | 4.5 | 1.8 | 1.9 | 0.7 | 0.6 | 1.6 | |
NPM Ann. % | 14.8% | 31.5% | 6.77% | 7.69% | 3.53% | 4.47% | 1.77% | 1.72% | 3.77% | |
EPS Adj. latest Ann. | 30.1% | 47% | 5.5 | 5.7 | 2.2 | 2.5 | 0.8 | 0.8 | 2 |
*All financials are in INR Cr and price data in INR
Add metric to table
Search...
Total Rev. Ann.
1Y CHG
11%
2Y CAGR
13.7%
3Y CAGR
14.5%
5Y CAGR
13.1%
Net Profit Ann.
1Y CHG
-2.2%
2Y CAGR
56.3%
3Y CAGR
32.3%
5Y CAGR
49%
Operating Exp. Ann.
1Y CHG
12.4%
2Y CAGR
11%
3Y CAGR
13.2%
5Y CAGR
11.4%
Icon Facilitators INFORMATION ON IPO ISSUE
About Icon Facilitators
Icon Facilitators was incorporated on September 20, 2013. The company is an integrated business services platform offering technical facilities management services, primarily in North India. Services include electrical systems, HVAC, BMS, fire safety, water treatment, and E&M equipment maintenance
Object of the Issue
- To meet the working capital requirements of the company
- General corporate purposes
Icon Facilitators - PROMOTERS
| Name |
|---|
| Dinesh Makhija |
| Pooja Makhija |
Icon Facilitators Book Running Lead Manager
Khambatta Securities Limited
ipo@khambattasecurities.com
Icon Facilitators Registrar to the issue
Maashitla Securities Private Limited
ipo@maashitla.com
Icon Facilitators Strengths
Diversified client base
The company serves clients across commercial, industrial, residential, and retail sectors, with a strong focus on quality. Its long-standing client relationships reflect its commitment to excellence
Strength
Quality
The company prioritizes quality to ensure high service standards, creating a safe, comfortable environment for clients and visitors. As a facility management provider, it focuses on delivering well-maintained, reliable facilities
Strength
Historical track-record
The company’s growth since FY13 is driven by a scalable, agile model and presence across 5 states and 1 union territory. Standardized processes enable quality service delivery and expansion across sectors and clients
Strength
Icon Facilitators Risks
Geographically concentrated
The company provides technical facility management services in North India, with over 1,955 employees as of May 15, 2025. It has built long-term client partnerships and earns most of its revenue from the northern region
Risk
Workforce related risks
With a large workforce at customer sites, the company faces risks from service claims, employee disruptions, and regulatory issues, which may impact its reputation and financial performance
Risk
Payment delays
The company has faced delays in paying some statutory dues, and future delays may lead to penalties, affecting its financial condition and cash flows
Risk
IPO FAQs
The promoters of the company are Dinesh Makhija and Pooja Makhija.
The category allocation of qualified institutional buyers is 50.0%, the category allocation of non individual investors or high networth individuals is 15.0% and for retail investors it is 35.0%.
The price band of the IPO is Rs 85.0 - 91.0.
The IPO application opens on Jun 24, 2025 and closes on Jun 26, 2025.
The minimum lot size for the IPO is 1200. The maximum lot size for the IPO is 1200.
For all category investors, the minimum application amount for this IPO is Rs. 102,000.0, the maximum value for this IPO is Rs 109,200.0.
This IPO will be allotted on Jun 27, 2025.
The refund will be credited to your account on Jun 30, 2025.
The allotted shares will be credited to your demat on Jun 30, 2025.
Icon Facilitators Ltd.’s shares listed on the stock exchanges on Jul 01, 2025.