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IKIO Lighting is losing its ground in the grey market ahead of the finalisation of share allotment. The allotment status of IKIO Lighting is likely to be out on Tuesday, June 13, but the price in the official market has taken a hit after the issue concluded last week.The grey market premium (GMP) of IKIO Lighting has seen a steep correction of 25-28 per cent from its peak at Rs 120-125 per share to Rs 90-95 apiece currently. The issue was commanding a premium of Rs 100-105 about 24 hours ago.According to the grey market trackers, the activity in the unofficial market is subdued as the allotment status is not out. Once the allotment status will be declared, the grey market will be active again. They say that nothing has changed fundamentally and broader market sentiments remain resilient, but dealers have taken the 'wait and watch' approach.The Rs 607 crore initial public offering (IPO) of IKIO Lighting was open for subscription between June 6-8. The company sold its shares in the range of Rs 270-285 apiece with a lot size of 52 shares. The issue saw a robust interest from the investors as it was overall subscribed 66.30 times during the three-day bidding process.

Watch: IKIO Lighting IPO: GMP falls; share allotment today, here's how to check status onlineThe portion for qualified institutional bidders was booked 163.68 times, while the non-institutional investors' category was subscribed 63.35 per cent. The quota reserved for retail investors was subscribed 13.86 times, according to the data from BSE by the end of final day of bidding.Incorporated in 2016, the Noida-based IKIO Lighting manufactures light-emitting diode (LED) lighting solutions. The company is primarily an original design manufacturer (ODM). The company's LED lighting offerings focus on the premium segment.Investors, who had bid for the issue, can check the allotment status on the Bombay Stock Exchange (BSE) website, by visiting its website- _check.aspx.Investors can also check the allotment status on the online portal of KFin Technologies ( ), the registrar to the issue. The registrar is a Sebi-registered entity, qualified to act as such and which electronically processes all applications and carries out the allotment process, as per the prospectus.Bidders who could not get allotment in the IPO may see the initialization of refunds on June 14. Others, who would be allotted shares may see the credit of shares, in the Demat accounts by June 15. The listing of the IPO is likely on Friday, June 16.

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The hand cable reels market is projected to exhibit significant growth in the coming years. The increasing demand for portable power supply solutions, particularly in the construction and industrial sectors, is a major driving factor for market growth. The rise in infrastructure development projects worldwide, along with the expansion of industries, is contributing to the demand for hand cable reels. Additionally, the implementation of strict regulations regarding workplace safety and the need for efficient cable management are also fueling the market growth.

Furthermore, technological advancements in hand cable reel designs, such as the introduction of automatic winding and unwinding mechanisms, are anticipated to boost market growth. These innovations enhance convenience and reduce manual effort, thereby attracting more consumers towards hand cable reels.

However, the hand cable reels market may face challenges due to the availability of alternatives such as cable management systems and wireless power transmission technologies. These alternatives can eliminate the need for manual cable winding altogether, potentially hindering market growth.

In conclusion, the hand cable reels market is expected to experience significant growth with a CAGR of % during the forecasted period. The increasing demand for portable power supply solutions, infrastructure development projects, and the need for efficient cable management are major factors driving market growth. However, potential challenges from alternative technologies may influence the market dynamics.

The hand cable reels market consists of two main types: standard hand cable reels and custom hand cable reels. Standard hand cable reels are pre-designed and widely available in the market, suitable for common cable management needs. On the other hand, custom hand cable reels are specifically tailored to meet unique requirements of customers. They are designed and built according to specific dimensions, materials, and functionalities requested by the customers. Both types cater to different customer preferences and are essential in cable management applications.

Hand cable reels have diverse applications across industrial, commercial, and residential markets. In the industrial sector, these reels are widely used for electrical wiring and cable management in factories, warehouses, and construction sites. Similarly, the commercial market utilizes hand cable reels for organizing cables in offices, retail outlets, and hospitality establishments. In the residential market, these reels are commonly employed for managing extension cords and garden hoses, ensuring safety and convenience. In all three markets, hand cable reels provide efficient and compact solutions for handling cables, ensuring smooth operations, reducing clutter, and enhancing safety.

The global hand cable reels market is witnessing several emerging trends. Firstly, there is a growing demand for lightweight and portable hand cable reels that offer ease of transportation and storage. Secondly, the rising adoption of renewable energy sources such as solar and wind is driving the demand for hand cable reels in the installation and maintenance of related infrastructure. Additionally, there is an increasing preference for hand cable reels with advanced features like automatic and adjustable retraction mechanisms to enhance convenience and safety. Moreover, the market is witnessing ongoing technological advancements, including the integration of smart features like remote control operation and monitoring systems.

United Equipment Accessories is a prominent player in the hand cable reels market. With over six decades of experience, the company specializes in producing customized solutions for various industries. They offer a wide range of hand cable reels, including spring-driven and hand-cranked options, catering to different customer requirements. United Equipment Accessories has been constantly focused on innovation, ensuring their products are technologically advanced, efficient, and reliable.

The company has witnessed steady market growth over the years, expanding its customer base both domestically and internationally. They have developed strategic partnerships with leading companies in various sectors, contributing to their market share growth. United Equipment Accessories has also invested in research and development activities, which has helped them stay at the forefront of the industry.

Reelcraft is another prominent player in the hand cable reels market with a strong market presence. Established in 1943, the company has a rich history of manufacturing high-quality reels for various applications. Reelcraft's product portfolio includes a diverse range of hand cable reels, motor-driven reels, and specialty reels, catering to different industries such as automotive, aviation, manufacturing, and oil and gas.

Over the years, Reelcraft has experienced significant market growth, expanding its product offerings, and capturing a larger market share. Their commitment to providing durable and reliable products has earned them a loyal customer base. The company's emphasis on customer satisfaction and after-sales service has contributed to their continuous growth in the market.

Coxreels has witnessed substantial market growth due to their ability to adapt to changing industry demands, continuous product innovation, and strong customer relationships. The company invests in state-of-the-art manufacturing facilities and stringent quality control measures, ensuring their products meet the highest industry standards.

The global hand cable reels market is expected to reach a market size of $X billion by 2027, growing at a CAGR of X% during the forecast period. While specific sales revenue figures for United Equipment Accessories, Reelcraft, Coxreels, and Duro Manufacturing were not available, these companies are all key players in the market and contribute significantly to its overall revenue. Their continued investment in product development, strategic partnerships, and expanding customer base are indicators of their strong market position.

Japanese competitor Fujifilm entered the U.S. market with lower-priced film and supplies in the 1980s.[84] Fuji defeated Kodak in a bid to become the official film of the 1984 Los Angeles Olympics, which gave it a permanent foothold in the market.[11] Fuji opened a film plant in the U.S. and its aggressive marketing and price cutting began taking market share from Kodak, rising from a 10% share in the early 1990s to 17% in 1997.[11] Fuji also made headway into the professional market with specialty transparency films such as Velvia and Provia, which competed with Kodak's signature professional product, Kodachrome. 2351a5e196