IPO - Initial Public Offerings

 ICE

  

IC ELECTRICALS CO. IPO

03 Jul, 10:00 AM

Issue Open

07 Jul, 05:00 PM

Issue Close

1200

Lot Size

₹ 94.00 – ₹ 99.00

Price Range

IPO Issue Details

Issue size 48.00 Cr
Market Price 99.00
Registrar Skyline Financial Services Pvt.Ltd.
Face Value RS.10 /- Per share
Listing at NSE

About

IC ELECTRICALS CO. 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 successfully executed multiple railway electrification projects such as the Gorakhpur–Kaptanganj–Valmiki Nagar section under the North Eastern Railway and the Ara–Sasaram section under the East Central Railway. As of May 31, 2026, the company employs 288 permanent staff members.

IPO Lot Size

Category Lots Shares Amount
Retail (Min) 2 2400 ₹ 2,37,600.00
Retail (Max) 2 2400 ₹ 2,37,600.00
S-HNI (Min) 3 3600 ₹ 3,56,400.00
S-HNI (Max) 8 9600 ₹ 9,50,400.00
B-HNI (Min) 9 10800 ₹ 10,69,200.00

IPO TimeLine

Open Date 03-Jul-2026
Close Date 07-Jul-2026
Basis of Allotment Date 08-Jul-2026
Initiation of Refunds 09-Jul-2026
Credit Shares to Demat A/c 09-Jul-2026
IPO Listing Date 10-Jul-2026