IC Electricals Company Ltd IPO - Check Issue Date, Price, Lot Size & Details with BlinkX.

IC Electricals Company Ltd IPO

The Company is involved in the business of manufacturing of electronic equipment for Railways Application. The company provide advanced engineering solutions to Indian Railways. It offers a wide range of electronic products such as regulators, battery chargers, emergency lights, inverters, microprocessor-based control systems, and vigilance control devices, compliant with the latest technical standards. The Company also manufactures key railway components including alternators, traction motors, and permanent magnet alternators with controllers. These products are engineered to meet stringent industry standards, and our team works closely with clients to develop tailored solutions that ensure high performance, reliability, and compliance across various rail applications. The Company's revenues are generated exclusively from manufacturing activities, value-added operations, and its Contract Division. The Company procures raw materials and components, undertakes in-house manufacturing and value-addition processes, and supplies finished or value-added products to its customers. Further, the Contract Division undertakes execution of contracts and forms part of the Company's service operations.

IC Electricals Company Ltd IPO Details

Total Shares Offered

₹ 48,39,600

Offer to Public

TBA

Retail Max (Shares)

₹ 16,12,800

Pre Issue Promoters Holding

₹ 1,11,29,100

Exchange

NSE

Issue size

₹ 47.91 Cr

IPO Open Date

Jul 3, 2026

Close Date

Jul 7, 2026

Lot Size

2400

Min Investment

₹ 2,25,600

Issue Type

Book Building - SME

Listing Date

Jul 10, 2026

IC Electricals Company Ltd IPO Dates

Jul 3, 2026

Opening date

Jul 7, 2026

Closing date

Jul 8, 2026

Basis of Allotment

Jul 8, 2026

Initiation of Refunds

Jul 9, 2026

Credit of Shares

Jul 10, 2026

Listing date

Details

Sector	Type
Sector	Electronics - Components
Sub Sector	NA
Issue Type	Book Building - SME

Subscription Status

*Values are in Lakhs

Investor Type	Subscription Times	Shares Offered*	Shares Bid*
QIB	97.08x	2286000	221930400
NII	764.72x	698400	534082800
Retail	372.51x	1612800	600787200
Employee	0x	0	0
Total	280.35x	4839600	1356800400

Investor Type

QIB

NII

Retail

Employee

Total

Subscription Times

97.08x

764.72x

372.51x

280.35x

2286000

698400

1612800

4839600

221930400

534082800

600787200

1356800400

IC Electricals Company Ltd Financial Status

Income Statement

Particulars (In Rs. Crores)

Balance Sheet

Particulars (In Rs. Crores)

Particulars (in Rs. Crores)	FY23	FY22	FY21
Revenue from operations	19.58	12.89	6.46
EBITDA	20.33	13.32	6.89
PAT	14.02	9.28	4.62
Total Assets	182.97	151.55	132.72
Share Capital	13.42	13.42	3.85
Total Borrowings	91.62	63.53	42.25
Operating Activities (Net Cash)	14.77	9.71	5.05
Investing Activities (Net Cash)	0.06	0.06	0.06
Financing Activities (Net Cash)	91.62	63.53	42.25
Net Cashflow	0.34	0.31	0.09

About IC Electricals Company Ltd

The Company was originally incorporated as a private limited company under the Companies Act, 1956 pursuant to a certificate of incorporation issued by the Registrar of Companies, Delhi and Haryana dated August 05, 2005, with the name `IC Electricals Company Private Limited bearing Corporate Identification Number U31909DL2005PTC139412. Subsequently the Company was converted into a public limited company vide special resolution passed by the shareholders at the Extra Ordinary General Meeting held on August 06, 2024, and the name of the Company was changed from IC Electricals Company Private Limited to IC Electricals Company Limited. A fresh Certificate of Incorporation was granted to the Company consequent upon conversion into public limited company dated September23, 2024, bearing Corporate Identification Number U31909DL2005PLC139412 by the Registrar of Companies, Central Processing Centre, at present, the registered office of the company is situated at 156 DSIDC Okhla INDL Area Phase I, New Delhi 110020, India.

Peer Comparison:

Hind Rectifiers Ltd

IC Electricals Company Ltd Key Points

Strengths

Designing and execution capabilities.

Experienced management team and a motivated and efficient work force.

Cordial relations with our consumers.

Quality assurance and control.

Risk

The company business is heavily dependent on contracts awarded by the Ministry of Railways and its affiliated entities, and any reduction in railway sector spending, adverse policy changes or inability to maintain historical business levels with Indian Railways may materially and adversely affect its business, financial condition and results of operations.

The Company operates in a competitive industry, and increasing competition may exert pressure on its profit margins, potentially leading to a reduction in the company market share and overall profitability.

Risk of the Company Being Blacklisted by Government Authorities.

Strategy

Focusing on the rail contracts division.

Focus on strengthening exports and targeting new markets.

Product Innovation.

Enhancing Our working capital levels.

How To Apply for IC Electricals Company Ltd IPO Online?

Step 1:

Step 2:

From the list of open IPOs, select the IPO you want to invest.

Step 3:

Go through the IPO details like lot size, price band, about the company, etc.

Step 4:

Click ‘Apply IPO’ to apply and enter the number of lots and bidding price along with your UPI ID.

Step 5:

Confirm your bid and accept the payment mandate sent to your UPI App for completing the IPO application.

FAQs on IPO (Initial Public Offering)

What is the issue size of the IC Electricals Company Ltd IPO?

IC Electricals Company Ltd's IPO offers shares for up to 47.91 It begins on Jul 3, 2026 and ends on Jul 7, 2026.

What is the price of the IC Electricals Company Ltd IPO?

The price of IC Electricals Company Ltd IPO ranges between ₹94 to ₹99 per share.

What are the open and close dates for the IC Electricals Company Ltd IPO?

The IC Electricals Company Ltd IPO opens on Jul 3, 2026 and closes on Jul 7, 2026.

When will the IC Electricals Company Ltd IPO be allotted?

The allotment for the IC Electricals Company Ltd IPO will be finalised on Jul 8, 2026. The shares will be listed on BSE and NSE on Jul 10, 2026.

What is the minimum lot size required for IC Electricals Company Ltd IPO?

The minimum lot size for IC Electricals Company Ltd IPO is 2400 shares, priced between ₹94 to ₹99 per share.

What is the GMP of IC Electricals Company Ltd IPO?

The GMP (Grey Market Premium) of IC Electricals Company Ltd IPO fluctuates based on market demand and sentiment.

How do you check the allotment status of IC Electricals Company Ltd IPO?

To check the allotment status of IC Electricals Company Ltd IPO, visit the registrar's website, select the IPO, enter your PAN Card number, Application Number, or DP Client ID, and click 'search.'

Where is the IC Electricals Company Ltd IPO getting listed?

The IC Electricals Company Ltd IPO is getting listed on the BSE and NSE. Bidding opens on Jul 3, 2026, and closes on Jul 7, 2026. The allotment is finalised on Jul 8, 2026.

How do you apply for the IC Electricals Company Ltd IPO?

To apply for the IC Electricals Company Ltd IPO, download the BlinkX app, complete KYC, select the IPO, enter bid details, and submit. Verify UPI payment for shares allotment.