IC Electricals GMP IPO Date, Review, Price, Allotment Details

Latest Grey Market Premium (GMP)
₹44
Green
Updated: 02 Jul 2026, 10:58 PM

IC Electricals IPO Summary

IPO Open Date: 03 Jul 2026

IPO Close Date: 07 Jul 2026

Price Band: ₹94 to ₹99 Per Share

Issue Size: Approx ₹48 Crores

Listing Exchange: NSE SME

Website: https://www.icelectricals.in

IC Electricals IPO Overview

IC Electricals IPO is a book build issue of ₹47.91 crores. The issue is entirely a fresh issue of 0.48 crore shares of ₹47.91 crore.

IC Electricals IPO opens for subscription on Jul 3, 2026 and closes on Jul 7, 2026. The allotment for the IC Electricals IPO is expected to be finalized on Jul 8, 2026. IC Electricals IPO will list on the NSE SME with a tentative listing date fixed as Jul 10, 2026.

IC Electricals IPO is set issue price band at ₹94 to ₹99 per share. The lot size for an application is 1,200 shares. The minimum amount of investment required by an individual investor (retail) is ₹1,18,800 (2,400 shares) (based on upper price). The minimum lot size for investment in HNI is 3 lots (3,600 shares), amounting to ₹3,56,400.

IC Electricals IPO Details

Company Name IC Electricals Co.Ltd.
IPO Open Date 03 Jul 2026
IPO Close Date 07 Jul 2026
Face Value ₹10 Per Equity Share
Price Band ₹94 to ₹99 Per Share
Issue Size Approx ₹48 Crores
Fresh Issue Approx ₹48 Crores
Offer for Sale -
Issue Type Book Building Issue
Listing On NSE SME
Download Documents:
DRHP RHP

IC Electricals IPO Market Lot

The IC Electricals IPO minimum market lot is 2,400 shares with ₹2,37,600 application amount.

Category Lot Size Shares Amount
Retail Minimum 2 2,400 ₹2,37,600
Retail Maximum 2 2,400 ₹2,37,600
S-HNI Minimum 3 3,600 ₹3,56,400
S-HNI Maximum 8 9,600 ₹9,50,400
B-HNI Minimum 9 10,800 ₹10,69,200

IC Electricals IPO Reservation

Investor Category Shares Offered % of Issue
Anchor Investor 13,68,000 Shares 28.27%
QIB (Ex. Anchor) 9,18,000 Shares 18.97%
NII / HNI 6,98,400 Shares 14.43%
Retail 16,12,800 Shares 33.33%

IC Electricals IPO Dates & Allotment

The IC Electricals IPO date is July 3 and the close date is July 7. The IC Electricals IPO allotment will be finalized on July 8 and the IPO listing on July 10.

IPO Opening Date 03 Jul 2026
IPO Closing Date 07 Jul 2026
Bidding Cutoff Time 5 PM
Basis of Allotment 08 Jul 2026
Refunds Initiation 09 Jul 2026
Credit to Demat 09 Jul 2026
IPO Listing Date 10 Jul 2026

IC Electricals IPO Objects of the Issue & Utilization of Proceeds

Description Amount
Funding the working capital requirements of the Company ₹33.60
General Corporate Purpose ₹-

IC Electricals Co.Ltd. Financials

Period Ended Revenue Expense PAT Assets
2024 ₹99.75 ₹93.72 ₹4.62 ₹143.89
2025 ₹122.39 ₹109.75 ₹9.41 ₹160.04
2026 ₹143.81 ₹124.88 ₹14.10 ₹193.44

IC Electricals IPO Valuation

Check IC Electricals IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.

Parameter Value
Earnings Per Share (EPS) ₹10.49 (Basic)
P/E Ratio N/A
Return on Equity (ROE) 24.88%
Return on Capital Employed (ROCE) 18.47%
Return on Net Worth (RoNW) 24.88%
Net Asset Value (NAV) ₹47.40
EBITDA Margin 17.96%
PAT Margin 9.84%

IC Electricals IPO Peer Group Comparison

Company EPS P/E RoNW % NAV Total Income
Hind Rectifiers Ltd 13.10 99.50 24.62% 59.88 45.01 Cr.

IC Electricals IPO Promoters & Holding Pattern

The promoters of the company are Mr. Sunil Kumar Verma, Mrs. Renu Verma, M/s SHBD LLP and M/s Safe System India Private Limited.

Particulars Shares % Share
Promoter Holding Pre Issue 1,34,22,000 82.92%
Promoter Holding Post Issue 1,82,61,600 60.94%

IC Electricals IPO Lead Managers (Merchant Bankers)

  • NEXGEN Financial Solutions Pvt.Ltd.

About IC Electricals Co.Ltd.

IC Electricals is a premier provider of integrated electrical engineering solutions, specializing in industrial automation, power distribution, and complex turnkey projects. The company is renowned for manufacturing high-quality switchgear and control panels that meet rigorous international safety and performance standards. With a focus on innovation and reliability, they support diverse sectors including manufacturing, infrastructure, and energy management.

IC Electricals Co.Ltd. Address

North Delhi, New Delhi, 110020
Phone: +91-11-490507
Email: [email protected]

IC Electricals IPO Registrar

Skyline Financial Services Pvt. Ltd.
Phone: 022-28511022
Email: [email protected]
Website: https://www.skylinerta.com/ipo.php

IC Electricals IPO FAQs

IC Electricals IPO is SME IPO. The company is going to raise ₹48 Crores via IPO. The issue is priced at ₹94 to ₹99 per equity share. The IPO is to be listed on NSE SME.
The IPO is to open on July 3, 2026 for QIB, NII, and Retail Investors. The IPO will close on July 7, 2026.
The investors’ portion for QIB is 50%, NII is 15%, and Retail is 35%.
You can apply for IC Electricals IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.
IC Electricals IPO issue size is ₹48 crores.
IC Electricals IPO Price Band is ₹94 to ₹99.
The minimum bid is 2400 Shares with ₹2,37,600 amount.
IC Electricals IPO allotment date is July 8, 2026.
IC Electricals IPO listing date is July 10, 2026. The IPO is to list on NSE SME.