IC Electricals IPO Listing gains
| Listing Date | July 10, 2026 |
| NSE Code | ICELCO |
| ISIN Code | INE0XE501015 |
| Offer Price | ₹94 to ₹99 |
| Face Value | ₹10 |
| Listing Price | ₹166 |
Details About IC Electricals IPO
IC Electricals received SEBI approval for an IPO of around ₹48 crores via a fresh issue with a face value of ₹10 each. Further, IC Electricals had a price band of ₹94 to ₹99 per share.
In the IC Electricals IPO, 2400 shares were offered in 2 lot sizes for the retail minimum and maximum categories. 3600 shares were in 3 lot sizes for the S-HNI Minimum category. 9600 shares were allocated across 8 lot sizes in the S-HNI Maximum category. And 10,800 shares were available in 9 lot sizes for the B-HNI Minimum.
To invest in the IC Electricals IPO, each investor category has specific investment amounts:
- Retail Investors: Minimum and maximum investment of ₹2,37,600.
- S-HNI (Min): Minimum investment of ₹3,56,400.
- S-HNI (Max): Maximum investment of ₹9,50,400.
- B-HNI (Min): Minimum investment of ₹10,69,200.
IC Electricals IPO’s Subscription Duration
The opening date of the IC Electricals IPO was July 3, 2026, and the closing date was July 7, 2026. The allotment date of the IC Electricals IPO was July 8, 2026, and the investors will receive a refund on July 9, 2026. IC Electricals is set to be listed on July 10, 2026.
Funds Deployment of This Company
- Some funds will go towards the working capital requirements of the Company.
- Lastly, for General Corporate Purpose
About IC Electricals Company
Incorporated in 2005, IC Electricals is a prominent engineering and manufacturing company for the Indian railways. The firm manufactures Electronic systems, Rotating machines, and Railway electrification solutions used in railway operations.
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. 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.
IC Electricals IPO Company Financial Report
The company reported revenue of ₹143.81 crores in 2026 against ₹122.39 crores in 2025. The company reported a profit of ₹14.10 crores in 2026 against a profit of ₹9.41 crores in 2025.
