Expecting up to 35 per cent listing gain from the IKIO Lighting IPO, Anubhuti Mishra, Equity Research Analyst at Swastika Investmart said, Considering the overwhelming response the IKIO IPO received and its current grey market premium, we can expect an upside listing at around 30–35%, and the company's current performance and growth potential justify this gain. Secondly, its strong focus on R&D and backward integration, its well-established relationship with clients, and its consistent financial performance are also some reasons why this IPO is attracting such demand. Read more: