IC Electricals SME IPO Allotment Status Link
The allotment process is the phase in which the company decides who gets the shares based on the total bids received. IC Electricals IPO investors wait to see if they get shares on the Allotment day, July 1, 2026. IC Electricals IPO of approx. – crore opens on June 25, 2026. It includes the fresh issue of 48,39,600 shares and the Offer for Sale of – shares. These proceeds are to meet the working capital demand of the business. Retail investors must purchase a minimum of – lots of – shares each. This company works in Railway.
Allotment Status
In case of non-allotment, most banks unblock the ASBA funds and provide refunds within 24 to 48 hours of the allotment/refund date. You can contact the registrar/bank if you do not get the refund in 7-10 working days.
How to Check Allotment Status
The official registrar for this IPO is Skyline Financial Services Pvt.Ltd.. They are responsible for the entire allotment process, refunds, and the share credit. You can check the status on three different platforms:
Method 1: Official Registrar Website
Method 2: BSE Website
Method 3: Demat Account
Get in touch with Skyline Financial Services Pvt.Ltd. for any concerns or queries related to allotment, refunds, or credit of shares. You can call on 02228511022 or email at ipo@skylinerta.com.
After Allotment: What's Next?
Check broker app or CDSL/NSDL portal
Wait 24-48 hours post allotment
Decide hold or sell based on GMP
Frequently Asked Questions
You must log on to the Skyline Financial Services portal. Select the script name and enter your permanent account number to verify the status.
The banking system starts releasing the blocked application funds on July 2 2026. Bidders will receive text alerts directly from their bank.
The shares will begin public electronic trading on the NSE SME platform.
You must file a direct issue complaint with the registrar via ipo@skylinerta.com.
The basis of allotment is a crucial document that shows how a company distributes its shares to investors after an IPO closes. When an IPO gets oversubscribed, meaning people apply for more shares than available, the company cannot give shares to everyone. The company then works with the registrar and stock exchanges to finalize a fair system to allocate these shares based on SEBI guidelines. This document outlines the exact math and logic used to decide who gets shares and how many they get.
For retail investors, this process usually runs on a lucky draw system if the demand is very high. The system treats all retail applications equally to ensure fairness. The main goal here is to manage the available lots so that the maximum number of unique retail applicants get at least one minimum lot. This doc helps you understand your actual chances of winning the lottery for those shares.
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