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Open
3 Jul 2026
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Close
7 Jul 2026
3
Allotment
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Listing
Fri, Jul 10, 2026
Price Band
₹94 to ₹99
Issue Size
48,39,600 shares (agg. up to ₹48 Cr)
Lot Size
1,200 Shares
Listing Date
Fri, Jul 10, 2026
Latest GMP
₹47
Est. Gain
47.47%
✦ AI Insight
GMP Trend
10-07-2026₹47Est. ₹146+47.47%
09-07-2026₹47Est. ₹146+47.47%
08-07-2026₹45Est. ₹144+45.45%
07-07-2026₹42Est. ₹141+42.42%
06-07-2026₹49Est. ₹148+49.49%
05-07-2026₹55Est. ₹154+55.56%
04-07-2026₹47Est. ₹146+47.47%
Live Subscription
| Category | Subscription (times) |
|---|---|
| QIB | 241.75x |
| NII | 764.38x |
| Retail | 372.51x |
| Total | 295.08x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Mar 2026 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| Assets | 193.44 | 160.04 | 143.89 |
| Total Income | 143.81 | 122.39 | 99.75 |
| Profit After Tax | 14.10 | 9.41 | 4.62 |
| EBITDA | 25.66 | 18.34 | 12.14 |
| NET Worth | 65.74 | 51.71 | 33.22 |
| Reserves and Surplus | 50.20 | 36.12 | 27.11 |
| Total Borrowing | 75.42 | 55.79 | 47.81 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Vivid Electromech Ltd. | SME | ₹130.54 Cr | ₹555 | 19.2 | ₹563.05 | +1.45% | ₹1,315.00 (+4.49%) |
| INDO SMC Ltd. | SME | ₹91.95 Cr | ₹149 | 16.1 | ₹154.80 | +3.89% | ₹448.60 (+5.00%) |
| Sugs Lloyd Ltd. | SME | ₹85.66 Cr | ₹123 | 11.91 | ₹125.85 | +2.32% | ₹132.00 (-2.00%) |
| Parth Electricals & Engineering Ltd. | SME | ₹49.67 Cr | ₹170 | 18.05 | ₹182.70 | +7.47% | ₹470.70 (-1.60%) |
| Smarten Power Systems Ltd. | SME | ₹50.00 Cr | ₹100 | 11.75 | ₹151.20 | +51.20% | ₹57.20 (-3.05%) |
| Fujiyama Power Systems Ltd. | Mainboard | ₹828.00 Cr | ₹228 | 40.85 | ₹208.44 | -8.58% | ₹383.80 (+2.39%) |
| Emmvee Photovoltaic Power Ltd. | Mainboard | ₹2,900.00 Cr | ₹217 | 34.9 | ₹219.40 | +1.11% | ₹331.00 (+3.46%) |
| Saatvik Green Energy Ltd. | Mainboard | ₹900.00 Cr | ₹465 | 24.35 | ₹440.70 | -5.23% | ₹440.55 (+0.92%) |
| Mangal Electrical Industries Ltd. | Mainboard | ₹400.00 Cr | ₹561 | 24.31 | ₹535.35 | -4.57% | ₹284.65 (-1.35%) |
| Vikram Solar Ltd. | Mainboard | ₹2,079.37 Cr | ₹332 | 75.16 | ₹356.40 | +7.35% | ₹182.80 (-0.63%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Funding the working capital requirements of the Company | 33.60 |
| 2 | General Corporate Purposes | 7.13 |
| 3 | Issue Expenses | 7.19 |
| Total | 47.91 |
About IC Electricals IPO
Incorporated in 2005, IC Electricals Company Limited is engaged in the manufacturing of electronic equipment for railway applications and in providing engineering solutions to Indian Railways. The company offers a diverse range of electronic products including regulators, battery chargers, emergency lights, inverters, microprocessor-based control systems, and vigilance control devices, all compliant with the latest technical standards. In addition, the company manufactures key railway components, including alternators, traction motors, and permanent magnet alternators with controllers. IC Electricals also undertakes turnkey railway electrification projects, covering design, supply, erection, testing, and commissioning of 25 kV AC overhead equipment and traction substation systems. The company primarily operates on a Business-to-Government (B2G) model, serving government departments and ministries, including the Ministry of Railways. Its key product offerings include Electronic Rectifier-cum-Regulating Units (ERRU), Vigilance Control Devices (VCD), Regulated Battery Chargers, and GPS-based Passenger Announcement & Passenger Information Systems (PAPIS). IC Electricals has successfull
Contact Details
IC Electricals Co.Ltd. Address156 DSIDC, Okhla Inustrial AreaNew Delhi, New Delhi, 110020+91 011 490507info@icelectricals.inVisit Website