Icon Facilitators Limited IPO
Icon Facilitators Limited, originally incorporated as Icon Facilitators Private Limited on September 20, 2013, is a technical facilities management company with a stronghold in North India. The company was converted into a public limited company on June 5, 2024, signaling its strategic growth plans.
Business Focus
Icon Facilitators specializes in providing technical (Hard) facility management services, with offerings such as:
a) Electrical systems management
b) Captive power operations
c) STP/ETP and water treatment
d) HVAC and BMS management
e) Fire and safety systems
f) Elevator & escalator maintenance
g) AMC services for electromechanical systems
Unlike traditional housekeeping firms, Icon Facilitators focuses on the operations and maintenance side of facilities—not design or system installation.
Operational Footprint
– Presence in Haryana (68 sites), Uttar Pradesh (34 sites), and Delhi (22 sites).
– Strategic expansion to South India via a new office in Bengaluru (opened August 2024).
– Clients span industrial, commercial, retail, and residential sectors.
Client Relationships & Revenue Concentration
– Strong, long-term relationships with clients; top 10 customers contribute ~87% of revenue in FY25.
– Majority of revenue (~93%) comes from Haryana, Uttar Pradesh, and Delhi.
Competitive Strengths
1. Regional Leadership: A leading player in North India with 1955+ employees and 130 active sites as of FY25.
2. Reputed Client Base: Repeat clients across fiscal years; some associated for over a decade.
3. Strong Quality Standards: Certified with ISO 9001, 14001, 41001, and 45001; process-driven delivery with regular audits and training.
4. Experienced Leadership: Promoter Mr. Dinesh Makhija (20+ years of experience) and Director Mr. Kapil Khera (25+ years) provide strategic and operational direction.
5. Scalable Business Model: Standardized processes across recruitment, deployment, and service delivery help maintain agility as the company expands.
Objects of the Icon Facilitators Limited IPO:
Icon Facilitators Limited IPO Details:
Open Date: | Jun 24 2025 |
Close Date: | Jun 26 2025 |
Total Shares: | 19,94,400 |
Face Value: | ₹ 10 Per Equity Share |
Issue Type: | Book Building |
Issue Size: | 18.15 Cr. |
Lot Size: | 1200 Shares |
Issue Price: | ₹ 85 - 91 Per Equity Share |
Listing At: | BSE SME |
Promoters And Management:
Financials of Icon Facilitators Limited IPO:
To be updated shortly
Comparison With Peers:
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Lead Manager of Icon Facilitators Limited IPO:
Registrar of Icon Facilitators Limited IPO:
Discussion on Icon Facilitators Limited IPO:
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