IC Electricals
10 Jul '26SME
Min. Investment
₹2,25,600
Issue size
₹47.91 Cr
GMP
Locked
Overall subscription: 52.68x
Expert verdict
IPO dates
03 Jul
Opening
07 Jul
Closing
08 Jul
Allotment
10 Jul
Listing
*Refunds will be initiated on 09 Jul '26
IPO quota
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 2 | 2400 | ₹2,37,600 |
Subscription (as on 06 July 2026, 11:03 AM)
Overall52.68x
Qualified institutional buyers
Non-Institutional Buyers
Retail Investors
Employee
About company
Founded: 2005|MD: Mr Sunil Kumar Verma
- IC Electricals Company Limited is involved in the manufacturing of electronic equipment for railway applications, providing engineering solutions to Indian Railways.
- The company offers products such as regulators, battery chargers, emergency lights, inverters, microprocessor-based control systems, and vigilance control devices. It also manufactures railway components, including alternators, traction motors, and permanent magnet alternators with controllers.
- The company undertakes turnkey railway electrification projects, covering the design, supply, erection, testing, and commissioning of 25 kV AC overhead equipment and traction substation systems. Its revenue is derived from manufacturing activities, value-added operations, and service-related contracts, which are executed by its Contract Division.
- The company holds approved supplier registrations with various professional directorates under the Research, Design & Standards Organisation of the Ministry of Railways. It primarily operates on a business-to-government model, with the majority of its revenue coming from government departments and ministries such as the Ministry of Railways. The registered office of the company is located in Okhla Industrial Area, New Delhi.
Issue Details & Objective
Lot size
1200 Shares
Price band
₹94 to 99
Face value
₹10 per share
Financials
IPO reservation
Anchor investor - 28.27%
QIB - 18.97%
HNI - 14.43%
Retail - 33.33%
Download DRHP (IPO Doc)FAQs
Should I apply for the IC Electricals IPO?
Our SEBI-registered investment advisors give out verdicts for each IPO. You can refer to their expert verdict at the top of this page. Please note that these verdicts are for informational purposes only and should not be construed as investment advice. Markets are subject to risk, and investors should exercise their own discretion and diligence.
What is the issue size of IC Electricals IPO?
The issue size of IC Electricals IPO is ₹47.91 Cr
What are the open and close dates for IC Electricals IPO?
The IC Electricals IPO will be open for applications from 03 Jul '26 to 07 Jul '26
What is the lot size and minimum order quantity of IC Electricals IPO?
The lot size of IC Electricals IPO is 1200 Shares and its minimum investment amount is ₹2,25,600.
What is the GMP value of IC Electricals IPO?
Grey market premium (GMP) is a premium amount at which grey market IPO shares are traded before they get listed in the stock exchange. The GMP for IC Electricals IPO is 45.45
