I

IC Electricals Company Ltd.

SMENSE
ListedListed on 10 Jul 2026+67.7%

₹94–99

₹ 34 Cr

2400 Shares

₹ 2,25,600

₹10

Financial Summary

Consolidated(in ₹ million)
ParticularsFY 2025-26FY 2024-25
14,304.1512,188.59
77.0250.29
14,381.1712,238.88
11,602.4610,231.78
1,892.681,264.2
1,409.9941.49

Subscription Details

Subscription data not yet available

IPO Timeline

IPO Offer Start

3 Jul 2026

IPO Offer Ends

7 Jul 2026

10 Jul 2026

Use of Proceeds

#PurposeAmount (₹ Million)
1Funding the Working Capital requirement336
2General Corporate Purposes71.252

Promoters

Sunil Kumar VermaRenu VermaAakansha vermaDavisha VermaSavita SachdevaSHBD LLPSafe System India Pvt Ltd

Book Running Lead Managers

Nexgen Financial Solution Pvt Ltd.

Promoter Shareholding

Pre-IPO

73.52%

Promoter stake

Post-IPO

60.94%

Promoter stake

Offered to Public

34,71,600

shares

Post Share Capital

1,11,29,100

shares

IPO Registrar

Skyline Financial Services Pvt Ltd

About the Company

Our Company is involved in the business of manufacturing of electronic equipment for Railways Application. Ourcompany provide advanced engineering solutions to Indian Railways. It offers a wide range of electronic productssuch as regulators, battery chargers, emergency lights, inverters, microprocessor-based control systems, andvigilance control devices, compliant with the latest technical standards. The Company also manufactures keyrailway components including alternators, traction motors, and permanent magnet alternators with controllers. Theseproducts are engineered to meet stringent industry standards, and our team works closely with clients to developtailored solutions that ensure high performance, reliability, and compliance across various rail applications.

Use of Proceeds

1. Funding the working capital requirements of our Company.2. General Corporate Purposes

IPO FAQs

The IC Electricals Company Ltd. IPO has a total of ₹34 crore, calculated at the upper end of the .

The IC Electricals Company Ltd. IPO is priced at ₹94–99 per share. bids must fall within this , against a of ₹10 per share.

The for the IC Electricals Company Ltd. IPO is 2,400 shares, which is also the minimum order quantity — you have to apply for at least 2,400 shares, and in multiples of 2,400 beyond that.

The minimum investment in the IC Electricals Company Ltd. IPO is about ₹2,25,600 — one lot of 2,400 shares, calculated at the lower end of the .

Bidding at the cut-off or upper price raises the amount blocked in your account.

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

Applications have to be in before 5:00 PM IST on the closing day, and your UPI mandate needs to be approved by then as well.

IC Electricals Company Ltd. shares were listed on 10 Jul 2026 on NSE.

Skyline Financial Services Pvt Ltd is the for the IC Electricals Company Ltd. IPO.

The registrar processes the , refunds and the credit of shares to your demat account, so allotment-status queries go to them — phone 011-26847136/26833777.

IC Electricals Company Ltd. IPO shares are listed on NSE.

Each IC Electricals Company Ltd. share has a of ₹10.

Face value is the nominal value recorded in the company's books and is separate from the issue price you pay.

held 73.52% of IC Electricals Company Ltd. before the IPO, which falls to 60.94% after the issue.

34,71,600 shares of IC Electricals Company Ltd. are being offered to the public in this issue.

  1. 1.Funding the working capital requirements of our Company
  2. 2.General Corporate Purposes

Nexgen Financial Solution Pvt Ltd. is the book running lead manager for the IC Electricals Company Ltd. IPO.

Pre-apply means placing your IC Electricals Company Ltd. application before the subscription window actually opens. The bid is held and forwarded to the exchange on the opening day, so you don't have to submit it in the rush of the first morning.

Applying early doesn't improve your chances — when an issue is oversubscribed, the for investors is decided by a lottery, not by who applied first. Your money is only blocked once the application reaches the exchange.

You can apply in the IC Electricals Company Ltd. IPO online using either UPI or ASBA as the payment method. ASBA applications are made through the net banking of a bank account that supports IPO applications — the bank blocks the amount in your account instead of debiting it. UPI applications are offered by brokers that don't provide banking services: you enter your UPI ID and then approve the mandate request in your UPI app.

Either route needs a demat account. You bid for at least one lot, at a price within the or at the cut-off price, and the money stays blocked in your bank account until the is finalised.

Your broker or bank confirms the bid once it has been submitted to the exchange, usually within a few minutes during the bidding window. A UPI application only goes live after you approve the mandate request — ignore it and the bid lapses, even though it looks placed.

You can check the IC Electricals Company Ltd. bid independently on the NSE or BSE IPO bid-verification page a day after applying. An ASBA application also shows up as a blocked amount in your bank statement.