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IC Electricals Co.Ltd IPO
NSE SME Bookbuilding IPO Fresh capital only Closed Live Chart
GMP +₹47 +47.47% Est. Listing ₹146 P&L/Lot +₹56,400
Issue Price
₹99
Face ₹10
GMP
+₹47
+47.47% premium
Est. Listing
₹146
GMP based
Subscribed
291.96
🔥 Hot
Min Amount
₹118,800
1 lot · 1,200 shares
Live Price
tap to chart
Allotment
Important Dates
6/6 completed
Open
Close
Allotment
Refund
Demat
Listing
Done
Open Date
03 Jul 2026
Fri Completed
Done
Close Date
07 Jul 2026
Tue Completed
Done
Allotment
08 Jul 2026
Wed Completed
Done
Refund
09 Jul 2026
Thu Completed
Done
Demat Credit
09 Jul 2026
Thu Completed
Done
Listing Date
10 Jul 2026
Fri Completed
Issue Details
Pricing & Size
Issue Price
₹99 Face ₹10
Lot Size
1,200 shares
Min Investment
₹118,800
Total Issue Size
48,39,600 shares (agg. up to ₹48 Cr)
IPO Information
Issue Type
Bookbuilding IPO
Sale Type
Fresh capital only
Listing Exchange
NSE SME
Script / Ticker
-
Allocation Breakdown
Market Maker
2,42,400
QIB Portion
2286000.00
NII / HNI
698400.00
Retail
1612800.00
Employee
-
Net Offer to Public
45,97,200 shares (agg. up to ₹46 Cr)
Shareholding Pattern
Pre-Issue Shareholding
1,34,22,000 shares
Post-Issue Shareholding
1,82,61,600 shares
Application Size
CategoryMin LotsSharesAmount
Retail (sNII) 2 2,400 ₹2,37,600
HNI / NII 3 3,600 ₹3,56,400
Objects of Issue
2 objectives
1
Funding the working capital requirements of the Company
33.60 Cr
2
General Corporate Purposes
Lead Managers & Market Maker
Book Running Lead Managers
NEXGEN Financial Solutions Pvt.Ltd
Market Maker
Mansi Share & Stock Broking Pvt.Ltd
IPO Timeline
Open
03 Jul
✓ Done
Close
07 Jul
✓ Done
Allotment
08 Jul
✓ Done
Listing
10 Jul
✓ Done
Registrar Details
Skyline Financial Services Pvt.Ltd
SEBI Registered Registrar & Transfer Agent
Phone
02228511022
Email
ipo@skylinerta.com
Company Contact
Email
info@icelectricals.in
Phone
+91 011 490507
Address
156 DSIDC Okhla INDL Area Phase North Delhi, New Delhi, 110020
Grey Market Premium
LIVE
Current GMP
+₹47
+47.47% vs Issue Price
Issue Price
₹99
Est. Listing
₹146
Lot Size
1,200 shares
P&L / Lot
+₹56,400
GMP is unofficial grey market data. Does not guarantee listing price or returns.
GMP Return Calculator
Estimated Listing
GMP %
Investment (1 Lot)
Total Investment
Expected P&L
ROI
IC Electricals Co.Ltd LIVE
INR ·
vs Issue
Open
High
Low
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P/E
52W H
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| Price
Market Reference
IPO Issue Price
₹99
GMP
+₹47 (+47.47%)
GMP Est. Listing
₹146
Previous Close
Exchange
Data from Yahoo Finance. May be delayed 15–20 min. GMP is unofficial. Not investment advice.
291.96
Overall Sub.
🔥 Hot
97.22
QIB
364.77
Retail
Category-wise Subscription
Category Sub (×) Offered Bid For Amt (Cr)*
QIB 97.22× 22,86,000 22,22,49,600 ₹2,200.27 Cr
NII / HNI (Total) 761.21× 6,98,400 53,16,28,800 ₹5,263.13 Cr
Retail Investors 364.77× 16,12,800 58,83,04,800 ₹5,824.22 Cr
Total ** 291.96× 45,97,200 1,34,21,83,200 ₹13,287.61 Cr
Market Maker * 2,42,400 2,42,400 ₹2.40 Cr
* Based on ₹99.00 (upper price band)
NII / HNI Breakdown
Shares Reserved
QIB
22,86,000
NII
6,98,400
Retail
16,12,800
Market Maker
2,42,400
* Shares Offered and Total Amount are indicative. ** Excluding Market Maker portion. Data sourced from exchange bidding platform.
Financial Summary
Amount in ₹ Crore
Metric31 Mar 202631 Mar 202531 Mar 2024
Revenue143.81122.3999.75
PAT14.109.414.62
EBITDA25.6618.3412.14
Net Worth65.7451.7133.22
Total Assets193.44160.04143.89
Reserves50.2036.1227.11
Borrowings
Key Financial Ratios
23.88
ROE
Return on Equity
18.18
ROCE
Return on Capital Employed
23.88
RONW
Return on Net Worth
9.84
PAT Margin
PAT / Revenue
17.83
EBITDA Mgn
EBITDA / Revenue
1.13
D/E Ratio
Debt to Equity
2.02
P/BV
Price to Book Value
10.50
Pre EPS
EPS Pre-Issue
7.72
Post EPS
EPS Post-Issue
9.42
Pre P/E
P/E Pre-Issue
12.82
Post P/E
P/E Post-Issue
About IC Electricals Co.Ltd

Incorporated in 2005, IC Electricals Company Limited is engaged in the manufacturing of electronic equipment for railway applications and in providing engineering solutions to Indian Railways.

The company offers a diverse range of electronic products including regulators, battery chargers, emergency lights, inverters, microprocessor-based control systems, and vigilance control devices, all compliant with the latest technical standards.

In addition, the company manufactures key railway components, including alternators, traction motors, and permanent magnet alternators with controllers. IC Electricals also undertakes turnkey railway electrification projects, covering design, supply, erection, testing, and commissioning of 25 kV AC overhead equipment and traction substation systems.

The company primarily operates on a Business-to-Government (B2G) model, serving government departments and ministries, including the Ministry of Railways. Its key product offerings include Electronic Rectifier-cum-Regulating Units (ERRU), Vigilance Control Devices (VCD), Regulated Battery Chargers, and GPS-based Passenger Announcement & Passenger Information Systems (PAPIS).

IC Electricals has successfully executed multiple railway electrification projects such as the Gorakhpur–Kaptanganj–Valmiki Nagar section under the North Eastern Railway and the Ara–Sasaram section under the East Central Railway.

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

Competitive Strength:

  • Strong focus on Research & Development
  • Experienced management team with a proven track record
  • Dedicated service centers or representatives are in every state capital, ensuring customer queries are addressed within 24 hours.
  • Well-equipped manufacturing facilities.
Frequently Asked Questions
What is the issue price of IC Electricals Co.Ltd IPO?
The issue price of IC Electricals Co.Ltd IPO is ₹99 per share, face value ₹10.
What is the lot size?
Minimum lot size is 1,200 shares, requiring ₹118,800.
What are the IPO dates?
Opens 03 Jul 2026, closes 07 Jul 2026.
When is the listing date?
Tentative listing: 10 Jul 2026 on NSE SME.
What is the current GMP?
Current GMP is +₹47, estimated listing ₹146 (+47.47%). GMP is unofficial.
How to apply?
Apply via ASBA through your bank, or via UPI through any broker app.

Check Allotment Status

IC Electricals Co.Ltd IPO · Expected 08 Jul 2026

Check on Registrar
Post-IPO Timeline
Allotment Date
08 Jul 2026
Refund Initiation
09 Jul 2026
Demat Credit
09 Jul 2026
Listing Date
10 Jul 2026
Live Price LIVE
Quick Facts
Closed
GMP Signal
Bullish
+₹47
+47.47%
Issue Price
₹99
Face ₹10
Lot Size
1,200
shares / lot
Min Amount
₹118,800
1 lot
Est. Listing
₹146
GMP +₹47
Subscription
Overall291.96×
QIB97.22×
NII761.21×
Retail364.77×
Key Dates
Open
03 Jul Done
Close
07 Jul Done
Listing
10 Jul Done
Registrar
Skyline Financial Services Pvt.Ltd
A
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