IKIO Lighting IPO hits Street: Should you go for it? Heres what Anil Singhvi recommends
IKIO Lighting launched an initial public offer (IPO) on Tuesday, June 6. Heres what market wizard Anil Singhvi recommends on the public offer of the Noida-based LED lighting solutions provider.
Noida-based IKIO Lighting — a provider of LED lighting solutions — launched a Rs 607-crore initial public offer (IPO) on Tuesday, June 6. The IPO comprises fresh issuance of shares as well as an offer for sale (OFS) by existing shareholders. Market wizard Anil Singhvi recommends applying for the IKIO Lighting IPO.
EDITOR'S TAKE | Anil Singhvi says investors must apply for IKIO Lighting shares under the IPO
"Investors can put their money in IKIO Lighting with two perspectives: for listing gains and for the long term," Zee Business Managing Editor Anil Singhvi said.
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