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HomeIPOIC Electricals Company

About IC Electricals Company

Incorporated in 2005, IC Electricals Company Limited provides products and services relating to manufacture of electronic equipment and engineering services for railway use. Some of the products manufactured by the company include regulators, battery chargers, emergency lights, inverters, microprocessor control units, and vigilance control devices, all conforming to current technological standards. In addition, the company produces vital railway components, including alternators, traction motors, and permanent magnet alternators along with controllers. IC Electricals also handles complete railway electrification projects including designing, supplying, erection, testing, and commissioning of 25 kV AC overhead lines and traction substations. The company works largely in the Business to Government (B2G) format dealing with government departments and ministries, especially the Ministry of Railways. Some of the major products produced by the company include Electronic Rectifier-cum-Regulating Units (ERRU), Vigilance Control Devices (VCD), Regulated Battery Chargers, and GPS based Passenger Announcement & Passenger Information Systems (PAPIS). Some of the railway electrification projects undertaken by IC Electricals include Gorakhpur-Kaptanganj-Valmiki Nagar Railway section under the North Eastern Railway and Ara-Sasaram Railway section under the East Central Railway. As of May 31, 2026, the company employs 288 permanent staff members.

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Live IPOs

National Stock Exchange of India logo

National Stock Exchange of India

Mainboard
Open  Close17th Sep 2026 - 21st Sep 2026
Issue Size22561.57 Cr
Min. Qty8 Shares
Issue Price₹ 1700.00
Live IPO
Antala Industries logo

Antala Industries

SME
Open  Close29th Oct 2026 - 5th Nov 2026
Issue Size22.98 Cr
Min. Qty2000 Shares
Issue Price₹ 62.00
Live IPO
Companies NameOpen - CloseIssue SizeMin. QtyIssue PriceApply
National Stock Exchange of India logo

National Stock Exchange of India

Mainboard
17th Sep 2026 - 21st Sep 202622561.57 Cr8 Shares₹ 1700.00
Antala Industries logo

Antala Industries

SME
29th Oct 2026 - 5th Nov 202622.98 Cr2000 Shares₹ 62.00
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IC Electricals Company

IC Electricals Company

Open Date

Jul 3, 2026

Close Date

Jul 7, 2026

listed

Min Investment

₹2,37,600

Lot Size

1200 Shares

Issue Size

₹47.91 Cr

Price Range

₹94 - ₹94

Listing Date

Jul 10, 2026

IPO Doc

RHP PDF

Revenue Growth

Company Valuation

Earning Expansion

The investment checklist helps you understand a company's financial health at a glance and identify quality investment opportunities easily.

₹47(+47.47%)GMP
23.74%Prediction Listing Gain

Grey Market Premium (GMP) Trend

IC Electricals Company IPO - Issue Objectives

The company will use ₹33.60 crore for funding working capital needs of the business. Part of the IPO proceeds will be used for general corporate purposes and issue expenses

Working capital

70.1%

General corporate purposes

29.8%

1

Working capital

The company will use ₹33.60 crore for funding working capital needs of the business.

70.10%
2

General corporate purposes

Part of the IPO proceeds will be used for general corporate purposes and issue expenses

29.80%

IPO Subscription Status

QIB
241.75x
NII
764.72x
Individual
372.50x
Total
420.16x

Times subscribed by category (bars capped at 10x for readability). Dashed line marks 1.0x (fully subscribed).

Financials of IC Electricals Company

In Cr.

Contact Details

IC Electricals Company

156, DSIDC, Okhla Industrial Area, Phase-I, New Delhi - 110020.

+911149050700
info@icelectricals.in
https://icelectricals.in

IC Electricals Company IPO - FAQs

IC Electricals Company IPO is a SME IPO. The issue is priced at 94-₹99. The minimum order quantity is 1200 Shares. The IPO opens on 3 Jul, and closes on 7 Jul. TBA is the registrar for the IPO. The shares are proposed to be listed on SME.








IPO Timeline

  • Pre Apply2026-07-02
  • Bidding Starts2026-07-03
  • Bidding Ends2026-07-07
  • Allotment Finalisation2026-07-08
  • Release of Funds2026-07-09
  • Demat Transfer2026-07-09
  • Listing2026-07-10