SME • IPO

IC Electricals Co. IPO (NSE SME) IPO

Minimum Investment

₹118,800

Price Range

₹94 to ₹99

Lot Size

1200 shares

Issue Size

₹48 Cr

About the Company

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.

Issue Type

Bookbuilding IPO

IPO Objectives

  • Funding the working capital requirements of the Company
  • General Corporate Purposes

Important Dates

Bid/Offer Opens On03-07-2026
Bid/Offer Closes On07-07-2026
Finalisation of Basis of Allotment08-07-2026
Initiation of Refunds09-07-2026
Credit of Shares to Demat09-07-2026
IPO Listing Date10-07-2026

IPO Subscription Status

Subscription snapshot as of 07-07-2026 23:55 IST.
Category Offered Shares Applied Shares Times
QIB 918,000 221,930,400 241.75x
NII 698,400 534,082,800 764.72x
NII ( >10 lakh) 464,400 435,246,000 937.22x
NII ( <10 lakh) 234,000 98,836,800 422.38x
Retail 1,612,800 0 0.00x
Total 3,229,200 756,013,200 234.12x

Grey Market Premium (GMP)

₹48.00 per share

Last updated 09-07-2026 13:48

Registrar

Skyline Financial Services Pvt.Ltd.

Lead Managers

  • NEXGEN Financial Solutions Pvt.Ltd

Company Promoters

  • Mr. Sunil Kumar Verma
  • Mrs. Renu Verma
  • M/s SHBD LLP and M/s Safe System India Private Limited are the company promoters.\r\n