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IC Electricals Company SME IPO Details

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IC Electricals Company Limited was incorporated in 2005 and is a New Delhi-based company focused on railway electrical and electronic solutions. The company operates a business-to-government (B2G) model, manufacturing power electronics, microprocessor-based control systems, instrumentation equipment, rotating machines and railway electrification solutions primarily for Indian Railways. It has manufacturing facilities in Haridwar and a strong presence across Delhi, Uttarakhand and several railway zones in India, supported by approvals from RDSO and the Ministry of Railways.

Open 03 Jul 2026
Close 07 Jul 2026
Allotment 08 Jul 2026
Listing 10 Jul 2026

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IPO GMP

₹ 47 (47.5%)
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Stock Price

As the IPO is listed, here is the Live Share Price for IC Electricals Company

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IPO Summary

IPO Dates 3 to 7 Jul, 2026
Price Band ₹94 to ₹99
Face Value ₹TBA
Lot Size 1200 Shares
Issue Size ₹47.91 Cr
Listing On NSE SME
Min Investment ₹ 2,37,600

What is the IC Electricals Company IPO Timetable?

Track the IPO schedule and key events.

Event Date
IPO Open Date 03 Jul, 2026 Fri
IPO Close Date 07 Jul, 2026 Tue
Basis of Allotment 08 Jul, 2026 Wed
Refunds Initiated 09 Jul, 2026 Thu
Credit to Demat 09 Jul, 2026 Thu
Listing Date 10 Jul, 2026 Fri

What is the IC Electricals Company IPO Lot Size?

Bidding in multiples of 1200 shares.

Application Lots Shares Amount
Retail (Min) 2 2400 ₹2,37,600
Retail (Max) 2 2400 ₹2,37,600
HNI (Min) 3 3600 ₹3,56,400

About IC Electricals Company

IC Electricals Company Limited was established in 2005 and has emerged as a specialised manufacturer serving the railway and industrial electrical equipment sector. The company has built a strong reputation through its focus on technology-driven electrical and electronic solutions for Indian Railways and other infrastructure projects. Over the years, it has expanded its manufacturing capabilities and secured approvals from key railway authorities.

The company manufactures power electronics, control systems, rotating machines, instrumentation equipment and railway electrification products. It follows a business-to-government and industrial supply model, generating revenue through product manufacturing, project execution and maintenance services. The company is promoted by experienced professionals in the electrical engineering sector who continue to focus on innovation, quality and long-term industry relationships.

Objects of the Issue

Issue Object
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Strengths & Risks

Strengths

  • Approved vendor for Indian Railways and related agencies.
  • Specialised expertise in railway electrical systems.
  • Strong manufacturing and engineering capabilities.
  • Benefits from increasing railway infrastructure spending.
  • Long operating track record in the sector.

Risks

  • High dependence on railway sector orders.
  • Delays in government project execution.
  • Working capital-intensive operations.
  • Competitive bidding may pressure margins.
  • Regulatory and policy changes affecting infrastructure spending.

Company Financials

Summary of financial performance including revenue, profit, and debt levels will be populated here.

Promoters and Shareholding Details

Promoter holding details will be updated as soon as they are officially announced.

Frequently Asked Questions

What is the GMP of IC Electricals Company?

The current Grey Market Premium (GMP) of IC Electricals Company is ₹ 47.

What is the IC Electricals Company IPO Price Band?

The price band for IC Electricals Company IPO is 99.

When is the IC Electricals Company IPO Allotment?

The allotment date for IC Electricals Company IPO is July 8, 2026.

How to check IC Electricals Company IPO Allotment Status?

You can check the allotment status on the IPO Allotment Status page or on the registrar's website (Skyline Financial Services Private Limited).

Registrar

Skyline Financial Services Private Limited

+91 22 2851 1022

Website

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