IC Electricals Company IPO

IC Electricals Company is an NSE SME IPO is priced at ₹94–₹99 per share with an issue size of ₹47.91 crore. The IPO opens on Jul 3, 2026 and closes on Jul 7, 2026, with a lot size of 1200 shares and a minimum investment of ₹2,37,600.

IC Electricals Company Limited IPO

NSE SME Live
₹2,37,600 (2400 Shares)
Minimum Investment
Apply
IPO Dates
Jul 3, 2026 – Jul 7, 2026
Price band
₹94-99 per equity share
Minimum Investment
₹2,37,600
Issue size
₹47.91 Cr
Lot size
1200
Allotment Date
Jul 8, 2026
Listing
Jul 10, 2026
Listing At
NSE SME

IPO timeline

  1. Jul 3, 2026

    Open Date

    Completed

  2. Jul 7, 2026

    Close Date

    Upcoming

  3. Jul 8, 2026

    Allotment Date

    Upcoming

  4. Jul 10, 2026

    Listing Date

    Upcoming

IC Electricals Company IPO Expected Premium

IC Electricals Company IPO GMP today is ₹34. Grey market premium (GMP) indicates expected listing sentiment.

₹ 34-35 (34%)

IC Electricals Company IPO expected premium (also known as grey market premium or GMP) indicates current market sentiment and potential listing expectations.

Expected Premium provided in this app is derived from market rumors. It is not a guaranteed indicator of the actual listing price and should be interpreted with caution.

IC Electricals Company IPO Expected Premium

IC Electricals Company IPO GMP today is ₹34. Grey market premium (GMP) indicates expected listing sentiment.

₹ 34-35 (34%)

IC Electricals Company IPO Essentials

IC Electricals Company IPO Details

IC Electricals Company IPO is priced at ₹94-99 per share with a total issue size of 47.91 crore. The IPO has a lot size of 1200 shares and will be listed on NSE SME.

Issue price
₹94-99 per equity share
Lot size
1200 shares
Face value
₹10 Per Equity Share
Issue size
48,39,600 shares(agg. up to ₹47.91 Cr)
Total issue size
48,39,600 shares
(aggregating up to ₹47.91 crore)
Fresh issue
48,39,600 shares
(aggregating up to ₹47.91 crore)
Listing at
NSE SME
Listing date
Registrar
Skyline Financial Services Pvt.Ltd.
Lead manager
NEXGEN Financial Solutions Pvt.Ltd.

Market Lot Size

Investors can bid for a minimum of 2,400 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Individual Investors and HNI in terms of shares and amount.

Application Lots Shares Amount
Individual (min) 2 2,400 ₹2,37,600
Individual(max) 2 2,400 ₹2,37,600
sHNI(min) 3 3,600 ₹3,56,400
sHNI(max) 8 9,600 ₹9,50,400
sHNI(min) 9 10,800 ₹10,69,200

IC Electricals Company IPO Documents

IC Electricals Company IPO Reservation

IC Electricals Company IPO reservation details show category-wise allocation of shares. Out of the total 4839600 shares, approximately 18.97% are reserved for QIB, 14.24% for NII, 33.33% for retail investors, 5.01% for market maker, and 28.27% for anchor investors.

Investor Category Shares Offered Maximum Allottees
Anchor Investor Shares Offered 1368000 (28.27%)
Market Maker Shares Offered 242400 (5.01%)
QIB Shares Offered 918000 (18.97%)
NII (HNI) Shares Offered 698400 (14.24%)
bHNI > ₹10L 464400 (9.39%) 129
sHNI < ₹10L 234000 (4.85%) 65
Individual Shares Offered 1612800 (33.33%) 672
Total Shares Offered 4839600 (100%)

IC Electricals Company IPO Analytics

IC Electricals Company Valuations

Earnings

EPS Pre IPO
₹10.50/-
EPS Post IPO
₹7.72/-
P/E Pre IPO
9.42
P/E Post IPO
12.82

Returns

ROE
23.88%
ROCE
18.18%
RoNW
23.88%
PAT Margin
9.84%

Fundamentals

Debt / Equity
1.13
Price / Book
2.02
Market Cap
₹180.79 Cr.

Data sourced from DRHP / RHP • For educational purposes only

IC Electricals Company Financials( In Crs.)

31-Mar-26 31-Mar-25 31-Mar-24
Assets 193.44 160.04 143.89
Revenue 143.81 122.39 99.75
Profit After Tax 14.10 9.41 4.62
Net Worth 65.74 51.71 33.22
Reserves & Surplus 50.20 36.12 27.11

IC Electricals Company Company & Offer Insights

About IC Electricals Company

Incorporated in 2005, IC Electricals Company Limited provides products and services relating to manufacture of electronic equipment and engineering services for railway use.

Some of the products manufactured by the company include regulators, battery chargers, emergency lights, inverters, microprocessor control units, and vigilance control devices, all conforming to current technological standards.

In addition, the company produces vital railway components, including alternators, traction motors, and permanent magnet alternators along with controllers. IC Electricals also handles complete railway electrification projects including designing, supplying, erection, testing, and commissioning of 25 kV AC overhead lines and traction substations.

The company works largely in the Business to Government (B2G) format dealing with government departments and ministries, especially the Ministry of Railways. Some of the major products produced by the company include Electronic Rectifier-cum-Regulating Units (ERRU), Vigilance Control Devices (VCD), Regulated Battery Chargers, and GPS based Passenger Announcement & Passenger Information Systems (PAPIS).

Some of the railway electrification projects undertaken by IC Electricals include Gorakhpur-Kaptanganj-Valmiki Nagar Railway section under the North Eastern Railway and Ara-Sasaram Railway section under the East Central Railway.

As of May 31, 2026, the company employs 288 permanent staff members.

IC Electricals Company Promoter(s)

Mr. Sunil Kumar Verma, Mrs. Renu Verma, M/s SHBD LLP, M/s Safe System India Private Limited are the company's promoters of IC Electricals Company.

IC Electricals Company IPO Issue Objectives

Funding the working capital requirements of the Company
General Corporate Purposes

IC Electricals Company IPO - Anchor Investors

IC Electricals Company Limited raised ₹13.54 crore from 5 anchor investors at ₹99 per share on July 2, 2026. Bengal Finance and Investment Pvt Ltd led the allocation at 36.84%, followed by Sageone Flagship Growth OE Fund at 29.47% and Pine Oak Global Fund – Class B at 14.74%.

Contact Information

Contact Details

IC Electricals Company

+91 11 4905 0700

info@icelectricals.in

https://icelectricals.in

156, DSIDC, Okhla Industrial Area, Phase-I, New Delhi - 110020.

Registrar Contact Details

Skyline Financial Services Private Ltd

02228511022

ipo@skylinerta.com

https://www.skylinerta.com/ipo.php

Frequently Asked Questions

Click any question to reveal the answer

IC Electricals Company IPO is a book-built IPO worth ₹47.91 crore. The price band is ₹94–₹99 per share. The IPO opens on Jul 3, 2026 and closes on Jul 7, 2026. It will be listed on NSE SME Platform. Skyline Financial Services Pvt. Ltd. is the registrar.

The price band of IC Electricals Company IPO is ₹94 to ₹99 per share.

The lot size of IC Electricals Company IPO is 1200 shares.

The minimum investment for IC Electricals Company IPO is approximately ₹2,37,600 based on the upper price band .

IC Electricals Company IPO opens on Jul 3, 2026 and closes on Jul 7, 2026.

The allotment date of IC Electricals Company IPO is Jul 8, 2026.

IC Electricals Company IPO is expected to be listed on Jul 10, 2026, on NSE SME Platform.

The Grey Market Premium (GMP) for IC Electricals Company IPO is ₹34-35 as of Jul 6, 2026. Based on the upper price band of ₹99, the estimated listing price is ₹133, representing a potential gain of approximately 34%.

IC Electricals Company IPO valuation snapshot: P/E 12.82, EPS ₹7.72/-, P/B 2.02, RoNW 23.88%, and market cap ₹180.79 Cr.

To apply for IC Electricals Company IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.

You can check the live subscription status of IC Electricals Company IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.

Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.

If you pre-apply for IC Electricals Company IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.

You can check IC Electricals Company IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the IC Electricals Company IPO allotment status on IPO Ji for quick and easy access.

IC Electricals Company Limited IPO
IC Electricals Company

Offer Date

Jul 03 - Jul 07, 2026

Offer Price

₹ 94-99

Lot Size

1200


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