
Capital Goods · Listed on NSE · 03 Jul 2026 - 07 Jun 2026
Bhaveshbhai gadhethariyaIC 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.
| Date & Time | GMP (₹) | Est. Listing Price | Est. Gain (%) | Est. Profit / Lot (₹) |
|---|---|---|---|---|
| 30-Jul-2026 12:00 PM | +₹28 | ₹127 | +28.28% | ₹33,600 |
| 10-Jul-2026 12:00 PM | +₹47 | ₹146 | +47.47% | ₹56,400 |
| 09-Jul-2026 12:00 PM | +₹45 | ₹144 | +45.45% | ₹54,000 |
| 08-Jul-2026 12:00 PM | +₹42 | ₹141 | +42.42% | ₹50,400 |
| 07-Jul-2026 12:00 PM | +₹49 | ₹148 | +49.49% | ₹58,800 |
| 06-Jul-2026 12:00 PM | +₹45 | ₹144 | +45.45% | ₹54,000 |
| 04-Jul-2026 12:00 PM | +₹45 | ₹144 | +45.45% | ₹54,000 |
| 03-Jul-2026 12:00 PM | +₹44 | ₹143 | +44.44% | ₹52,800 |
| 02-Jul-2026 12:00 PM | +₹40 | ₹139 | +40.40% | ₹48,000 |
| 01-Jul-2026 12:00 PM | +₹32 | ₹131 | +32.32% | ₹38,400 |
| Category | Subscription (x) | Shares Offered | Shares bid for | Total Amount (₹ Cr) |
|---|---|---|---|---|
| Anchor | 1.00x | 13,68,000 | 13,68,000 | ₹13.54 Cr |
| QIB (Ex. Anchor) | 241.75x | 9,18,000 | 22,19,30,400 | ₹2,197.11 Cr |
| NII | 764.38x | 6,98,400 | 53,38,40,400 | ₹5,285.02 Cr |
| bNII > ₹10L | 936.70x | 4,64,400 | 43,50,03,600 | ₹4,306.54 Cr |
| sNII < ₹10L | 422.38x | 2,34,000 | 9,88,36,800 | ₹978.48 Cr |
| Retail | 372.51x | 16,12,800 | 60,07,87,200 | ₹5,947.79 Cr |
| Market Maker | 1.00x | 2,42,400 | 2,42,400 | ₹2.40 Cr |
| Total | 295.38x | 48,39,600 | 1,35,81,68,400 | ₹13,443.47 Cr |
| Period Ended | 31 MAR 2026 | 31 MAR 2025 | 31 MAR 2024 |
|---|---|---|---|
| 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 |
| Company Name | EPS (₹) | P/E (x) | NAV (₹) | RoNW (%) | Income (₹ Cr) |
|---|---|---|---|---|---|
| Hind Rectifiers Ltd | 13.10 | 99.50 | 59.88 | 24.62 | 45.01 |
Sunil Kumar Verma, Renu Verma, SHBD LLP and Safe System India Pvt.Ltd.. is the company's promoter of IC Electricals Co.Ltd..
| Particular | Pre IPO | Post IPO |
|---|---|---|
| Promoter and Promoter Group | 82.92% | 60.94% |
| Others* | 17.08% | 39.06% |
Join the discussion
Please sign in to leave a comment or reply.