IC Electricals IPO Details
IC Electricals IPO Review & Key Points
- Review:
IC Electricals IPO Market Lot
The IC Electricals IPO minimum market lot is [.] shares with ā¹[.] application amount.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | – | – | ā¹- |
| Retail Maximum | – | – | ā¹- |
| S-HNI Minimum | – | – | ā¹- |
| S-HNI Maximum | – | – | ā¹- |
| B-HNI Minimum | – | – | ā¹- |
IPO Reservation
| Investor Category | Share Offered | -% Shares |
| Anchor Investor | 13,68,000 Shares | 28.27% |
| QIB (Ex. Anchor) | 9,18,000 Shares | 18.97% |
| NII Shares Offered | 6,98,400 Shares | 14.43% |
| Retail Shares Offered | 16,12,800 Shares | 33.33% |
IC Electricals IPO Anchor Investors
| Anchor Bidding Date | 2026 |
| Anchor Investors List | |
| Shares Offered | 13,68,000 Shares |
| Anchor Size | [.] Cr. |
| lock-in period end date 50% shares (30 Days) | 2026 |
| lock-in period end date 50% shares (90 Days) | 2026 |
IC Electricals IPO Dates
The IC Electricals IPO date is June 25 and the close date is June 30. The IC Electricals IPO allotment will be finalized on July 1 and the IPO listing on July 3.
| IPO Open Date: | June 25, 2026 |
| IPO Close Date: | June 30, 2026 |
| Basis of Allotment: | July 1, 2026 |
| Refunds: | July 2, 2026 |
| Credit to Demat Account: | July 2, 2026 |
| IPO Listing Date: | July 3, 2026 |
| IPO Bidding Cut-off Time: | June 30, 2026 – 5 PM |
Promoters and 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.
| Particular | Shares | % Share |
| Promoter Holding Pre Issue | 1,34,22,000 | 73.52% |
| Promoter Holding Post Issue | 1,82,61,600 | -% |
Objects of the Issue & Utilisation of proceeds
| Purpose | Crores |
| Funding the working capital requirements of the Company | ā¹33.60 |
| General Corporate Purpose | ā¹7.01 |
About IC Electricals IPO
IC Electricals Limited, founded in 2005, is one of the leading engineering and manufacturing companies for the Indian railways. The firm manufactures Electronic systems, Rotating machines, and Railway electrification solutions used in railway operations. The company operates its business under a Business-to-Government (B2G) model, usually earning revenue from government agencies, railway production units, and railway-related OEMs.
Its product portfolio includes a diverse range of railway products, including electronic rectifier-cum-regulating units (ERRUs), battery chargers, vigilance control devices, passenger information systems, emergency lighting systems, alternators, traction motors, and specialized traction motor components. Along with railway products manufacturing, IC Electricals also offers turnkey railway electrification solutions where they design, supply, install, test, and launch 25 kV AC overhead equipment and traction substations.
IC Electricals IPO Company Financial Report
Amount ā¹ in Crores
| Period Ended | Revenue | Expense | PAT | Assets |
| 2024 | ā¹99.75 | ā¹93.72 | ā¹4.62 | ā¹143.89 |
| 2025 | ā¹122.39 | ā¹109.75 | ā¹9.41 | ā¹160.04 |
| 2026 | ā¹143.81 | ā¹124.88 | ā¹14.10 | ā¹193.44 |
IC Electricals IPO Valuation – FY2026
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.
| KPI | Values |
| ROE: | 24.88% |
| ROCE: | 18.47% |
| EBITDA Margin: | 17.96% |
| PAT Margin: | 9.84% |
| Debt to equity ratio: | [.] |
| Earning Per Share (EPS): | ā¹10.49 (Basic) |
| Price/Earning P/E Ratio: | N/A |
| Return on Net Worth (RoNW): | 24.88% |
| Net Asset Value (NAV): | ā¹47.40 |
Peer Group Comparison
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
| Hind Rectifiers Ltd | 13.10 | 99.50 | 24.62% | 59.88 | 45.01 Cr. |
IPO Lead Managers aka Merchant Bankers
- NEXGEN Financial Solutions Pvt.Ltd.
Company Address
IC Electricals Co.Ltd.
156 DSIDC
Okhla INDL
Area Phase
North Delhi, New Delhi, 110020
Phone: +91 011 490507
Email: info@icelectricals.in
Website: https://www.icelectricals.in/
IPO Registrar
Skyline Financial Services Pvt.Ltd.
Phone: 02228511022
Email: ipo@skylinerta.com
Website: https://www.skylinerta.com/ipo.php
IC Electricals IPO FAQs
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Note: The IC Electricals IPO price band and date are officially announced. The (IC Electricals IPO grey market premium) will be added to the IPO GMP page as it will start).



