IKIO Share Price Target 2023, 2024, 2025 and 2030

IKIO Share price target

IKIO Share Price Target 2023, 2024, 2025 and 2030 | IKIO share surged more than 40% after listing, based on the companies financials and track record IKIO share price target for 2023 will be Rs.465 and for year 2025 the target will be Rs.602

IKIO Share Price Target 2023, 2024, 2025 and 2030

IKIO Lighting Limited business overview

IKIO Lighting Limited is a leading manufacturer and distributor of high-quality LED lighting products specializing in retrofit options form commercial and residential use. The company has headquarter in Noida, Uttar Pradesh. IKIO lighting limited is founded by Mr.Hardeep Singh.

Some of the key highlights of IKIO highlights of IKIO lighting limited are its broad range of product offerings, excellent customer service and commitment to sustainability. The company’s products are highly sought after for their reliability, efficiency and affordability. Company is one of leading manufacturer of ODM Manufacturers and it provides end-to-end solutions for LED lighting, switches and RV components which is one of huge market in India.

IKIO’s product range includes LED bulbs, fixtures, downlights, panels and outdoor lighting. IKIO lighting’s unique qualities includes their patented design, reliability and long-lasting performance. The company has experienced steady growth over the years due to their commitment to innovation, customer satisfaction and sustainability. With increased demand for energy efficient lighting, IKIO lighting has promising growth prospect in the global market.

IKIO Share Price Target 2023, 2024, 2025 and 2030

Based on company’s historical data and financial trends we estimated below target prices for IKIO in future,

Year  First targetSecond target
IKIO Share price target 2023420465
IKIO Share price target 2024504527
IKIO Share price target 2025565602
IKIO Share price target 203010811155
IKIO Share price target 2023, 2024, 2025 and 2030

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IKIO Lighting Share Price Future

IKIO share price future is majorly get decided by the company’s growth in LED lighting market, company’s ability to execute growth plans. Company’s consistent financial performance and overall market conditions.

IKIO Share Price Target 2023

IKIO Fundamental analysis will play vital role for estimating future share prices.

  • Revenue: IKIO Lighting Limited’s revenue has been growing steadily in recent years. In the fiscal year 2022, the company’s revenue was ₹334 crore, an increase of 25% from the previous year.
  • Profit: IKIO Lighting Limited’s profit has also been growing steadily in recent years. In the fiscal year 2022, the company’s profit was ₹50 crore, an increase of 32% from the previous year.
  • ROE: IKIO Lighting Limited’s return on equity (ROE) is high, at 30%. This means that the company is generating a lot of profit from its equity.
  • Debt: IKIO Lighting Limited has a moderate level of debt. As of March 31, 2023, the company had total debt of ₹136 crore. This is equivalent to 0.4 times the company’s equity.
  • Valuation: IKIO Lighting Limited’s stock is currently trading at a P/E ratio of 78.6. This is higher than the P/E ratio of its peers.

Our estimate for IKIO share price for year 2023 will be, first target around Rs.402 and second target Rs.465

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IKIO Lighting Share Price Target 2024

R&D is been the most important factor which keeps IKIO ahead of the market IKIO lighting has a strong focus on sustainability and energy efficiency and work closely with architects, contractor and engineers to provide customized lighting solutions.

As their business model focuses on delivering eco-friendly lighting with high quality, energy efficient and cost effective products which is the need of today. IKIO lighting chose to focus on their business model on eco-friendly lighting to address the increasing global concern for climate change and sustainability. So IKIO share price target for 2024 will be, first target is Rs.504 and second target will be around Rs.527

IKIO Lighting Share Price Target 2025

By promoting energy-efficient and environment friendly lighting solutions, IKIO lighting aims to reduce carbon footprint and protect the environment. Additionally, eco-friendly lighting offers benefits such as cost-effectiveness and long lasting performance. By catering to the eco-conscious consumer, IKIO lighting is able to differentiate themselves in the market and create competitive advantage.

With the growing demand for energy efficient lighting options, IKIO lighting limited has significant growth prospects. The company has a strong presence in North America, Europe and Asia and is well positioned to expand its reach globally. Based on the growth prospect IKIO share price target for 2025, first target will be around Rs.565 and second target will be around Rs.602

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IKIO Share Price Target 2030

Factors can affect IKIO Lighting share price – The IKIO Lighting share price prediction is difficult at this stage as it got listed only 1 trading day before. However based on the company’s strong track record of growth and its market position in LED lighting sector has helped us to predict the future prices. If the company go with the same growth and executes well then the share price will definitely rise in the future.

Some factors that can affect IKIO share price may include the company’s financial performance, news and announcements related to the company or its industry, changes in market trends, and overall economic conditions. Additionally, investor sentiment and demand can also play a role in determining the share price.

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IKIO Share Price History

IKIO Lighting Limited launched its IPO on 6th to 8th June 2023, and it got listed on NSE & BSE on 16th June 2023 with price band of Rs.275 to Rs.285

As expected the IKIO listed with huge profit to investors on listing date, IKIO share price closed at Rs.392.50 on NSE and Rs.427.50 on BSE which is a gain of 30.83% and 42.50% respectively on its first day. On first trading day, IKIO stock has experienced high volatility.

Conclusion

As per the study of our company’s track record and financial data company has performed well and that’s why stock is surged 40% after the listing. So one can hold the longer term IKIO shares for better returns. But still we suggest take your own study and consult your financial advisor before investing.

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