IC Electricals Company Limited
IPO Details
Subscription
Lot Distribution
Reservation
Company Fin.
₹23(23.23%)
Premium (ELP)
IC Electricals Company Limited's is preparing to launch its Initial Public Offering (IPO) with a substantial issue size of 48,39,600 Shares. The offering comprises a fresh issue component of 48,40,000 Shares.
The price band for the IPO has been set at ₹94 to ₹99, providing investors with a range to place their bids. The minimum investment lot consists of 1200 shares, making it accessible to both retail and institutional investors.
The subscription window for this public offering opens on Jun 25, 2026 and will conclude on Jun 30, 2026. Following the subscription period, the share allotment is scheduled for Jul 01, 2026, with the official listing expected to commence on Jul 03, 2026 on the NSE exchange.
Investors can bid starting from the minimum lot size specified for this IPO, and only in multiples of that lot size. The table below shows the minimum and maximum investment for retail investors and HNIs in terms of lots, quantity, and amount.
Incorporated in 2005, IC Electricals Company Limited manufactures electronic equipment and provides engineering solutions for Indian Railways. The company offers a wide range of products, including battery chargers, emergency lights, inverters, control systems, vigilance devices, alternators, traction motors, and passenger information systems. It also undertakes railway electrification projects, handling design, supply, installation, testing, and commissioning of railway power systems. Operating mainly on a Business-to-Government (B2G) model, the company serves government departments, including the Ministry of Railways. IC Electricals has successfully completed several railway electrification projects across India. As of May 31, 2026, the company had 288 permanent employees.
Note : "Calculations for ‘Shares Offered’ and ‘Total Amount’ are based on the highest price in the issue price band."
The expected premium is based on market buzz and online information. It should not be considered as the actual listing price or valuation. Always refer to the RHP and seek advice from a financial expert before making any investment decisions.
- Strong Railway Industry Expertise : Specialized product portfolio and project execution capabilities for Indian Railways.
- Focus on Innovation & R&D : Continuous research and development help maintain compliance with evolving railway standards.
- Nationwide Service & Manufacturing Network : Strong service support and well-equipped facilities enhance customer satisfaction and execution efficiency.
- High Dependence on Indian Railways : Revenue is largely tied to railway sector spending and government contracts.
- Regulatory & Tender-Based Risks : Business is subject to tender processes, approvals, and policy changes.
- Project Execution Risk : Delays or cost overruns in electrification and infrastructure projects may impact profitability.
- Mr. Sunil Kumar Verma
- Mrs. Renu Verma
- M/s SHBD LLP
- M/s Safe System India Private Limited
IC Electricals Company Limited
Skyline Financial Services Private Limited