IC Electricals IPO GMP, Grey Market Premium Today

By Jagat Joshi
July 10, 2026

Check out IC Electricals IPO GMP aka IPO Grey Market Premium, Kostak rates, and Subject to Sauda rates as of today. IC Electricals IPO GMP is started in grey market, lets wait for the IPO announcement. Stay tuned for the latest IPO GMP numbers of IC Electricals IPO.

IC Electricals IPO GMP made a high of ₹55 on 6th July, whereas the low of ₹28 on 30th June.

GMP IPO Details Messages Review Subscription Allotment Listing

IC Electricals IPO is to open on July 3, 2026. It is an SME IPO that will raise ₹48 crores. The IC Electricals IPO price band is fixed at ₹94 to ₹99 with a market lot of 2,400 Shares.

IC Electricals IPO GMP Live Rates day by day.

Date	IPO GMP	GMP Trend	Gain	Last Updated
10 July	₹47	🟢	47.47%	09:19
9 July	₹45	🟢	45.45%	16:50
8 July	₹42	🔴	42.42%	17:28
7 July	₹49	🟢	49.49%	17:31
6 July	₹45	🟢	45.45%	16:43
4 July	₹45	🟢	45.45%	12:02
3 July	₹44	🟢	44.44%	12:53
2 July	₹40	🟢	40.40%	17:55
1 July	₹32	🟢	32.32%	17:37
30 June	₹28	🟢	28.28%	15:19
29 June	₹-	–	-%	17:23

IC Electricals IPO Details

IPO Open Date	July 3, 2026
IPO Close Date	July 7, 2026
Face Value	₹10 Per Equity Share
IPO Price Band	₹94 to ₹99 Per Share
Issue Size	Approx ₹48 Crores, 48,39,600 Equity Shares
Fresh Issue	Approx ₹48 Crores, 48,39,600 Equity Shares
Issue Type	Book Building Issue
IPO Listing	NSE SME
DRHP Draft Prospectus
RHP Draft Prospectus

IC Electricals IPO Dates

IPO Open Date:	July 3, 2026
IPO Close Date:	July 7, 2026
Basis of Allotment:	July 8, 2026
Refunds:	July 9, 2026
Credit to Demat Account:	July 9, 2026
IPO Listing Date:	July 10, 2026
IPO Bidding Cut-off Time:	July 7, 2026 – 5 PM

Business Overview

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 GMP aka Grey Market Premium FAQs:

What is IC Electricals IPO GMP Today?

IC Electricals IPO GMP is ₹47 as of today.

What is IC Electricals IPO Expected Returns?

IC Electricals IPO Expected Returns is 47.47%.

Disclaimer:

IPO Grey Market Premium (IC Electricals IPO GMP) mention is valid for the specific date as mentioned in the header.
We are not buying and selling IPO forms on IPO Grey Market.
Kostak Rate is the premium one gets by selling his/her IPO application (in an off-market transaction) to someone else even before allotment or listing of the issue.
Do not subscribe for IPO by just seeing the premium Price as it may change anytime before listing. Subscribe only considering the fundamentals of the companies.

Jagat Joshi

Founder of IPOWatch, brings nearly 15 years of experience in IPO analysis and market research. He provides complete coverage of upcoming IPOs, subscription trends, grey market premiums (GMP), and post-listing performance, along with easy-to-understand reviews, insights, and analysis. In his working journey, he has worked with various platforms and received expertise in stock market analysis and primary markets.