Icon Facilitators IPO is a book-built issue IPO, aiming to raise ₹18.15 crore. It is an entirely a fresh issue of 19.94 lakh shares. The bidding window was open from June 24, 2025, to June 26, 2025, with the IPO allotment to be finalised tomorrow on June 27, 2025. Icon Facilitators is scheduled to list on BSE SME on July 1, 2025.
The IPO was priced at a range of ₹85 – ₹91 per share with a lot size of 1200 shares. The public issue received bids for 49,68,000 shares against 19,94,400 shares available, resulting in an overall subscription of 2.49 times. Retail investors led the response, subscribing 4.10 times their quota, followed by QIBs at 2.18 times.
Icon Facilitators' ₹18.15 crore IPO, priced between ₹85 – ₹91 per share, was subscribed 2.49 times overall. The IPO is an entirely a fresh issue of 19.94 lakh shares. Bidding took place from June 20 to June 26, 2025, with the Icon Facilitators IPO allotment status on June 27, 2025. Retail investors subscribed 4.10 and NIIs 0.92 times. Listing is expected on July 1, 2025.
The table below breaks down the Icon Facilitators share allocation for different categories, highlighting the number of shares and their percentage of the total issue. However, the key focus remains on the quotas allocated to retail investors and HNIs, as they are the most relevant for individual investors.
| Investor Category | Shares Offered |
| Market Maker Shares Offered | 1,05,600 (4.79%) |
| QIB Shares Offered | 1,00,800 (4.57%) |
| NII (HNI) Shares Offered | 9,46,800 (42.93%) |
| Retail Shares Offered | 9,46,800 (42.93%) |
| Total Shares Offered | 22,05,600 (100.00%) |
Data Source: BSE
| Category | Subscription (times) |
| Qualified Institutional Buyers | 2.18 |
| Non-Institutional Investors | 0.92 |
| Retail Individual Investors | 4.10 |
| Total shares | 2.49 |
Note: The subscription details are as of June 26, 2025
Icon Facilitators Limited was originally incorporated as Icon Facilitators Private Limited on 20 September 2013 under the Companies Act, 1956. It was subsequently converted into a public limited company and renamed Icon Facilitators Limited on 5 June 2024.
The company is engaged in providing a comprehensive suite of technical facility management services. These include electrical system operations, captive power management, HVAC maintenance, water treatment (STP/ETP), fire and safety equipment servicing, elevator and escalator maintenance, and annual maintenance contracts for electromechanical systems. Its services cater to commercial, retail, industrial, and residential clients.
Icon Facilitators operates primarily in North India, with a strong presence in Delhi, Haryana, Uttar Pradesh, Punjab, Rajasthan, and Himachal Pradesh. The company has built a reputation for delivering reliable, quality-driven services and maintains long-standing relationships with several prestigious clients.
The company’s growth strategy is centred on expanding its geographic footprint, enhancing operational efficiency, and leveraging technology to deliver scalable and compliant facility management solutions. With a workforce of over 1,950 employees deployed across 130 sites, Icon Facilitators is well-positioned to capitalise on the increasing demand for integrated facility services in India’s rapidly evolving infrastructure landscape.
Know more about IPO allotment status and check your application details online for the latest updates on share allocation.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Investments in the securities market are subject to market risks, read all the related documents carefully before investing.
Published on: Jun 26, 2025, 7:12 PM IST
Akshay Shivalkar
Akshay Shivalkar is a financial content specialist who strategises and creates SEO-optimised content on the stock market, mutual funds, and other investment products. With experience in fintech and asset management, he simplifies complex financial concepts to help investors make informed decisions through his writing.
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