IC Electricals SME IPO Details 2026
All About IC Electricals IPO:
The IC Electricals IPO size is ₹[.] crore, including a fresh issue of ₹[.] crore and an offer for sale of ₹– crore. It is a Fresh Isse only issue. The IPO issue opens on June 25, 2026 and closes on June 30, 2026. The share allotment is expected on July 1, 2026, and the listing date is July 3, 2026. IC Electricals Company Limited is based in North Delhi, New Delhi and operates in the Railway sector. It filed its DRHP on 30th Sep 2025 and will list its shares on NSE SME. Skyline Financial Services Pvt. Ltd. is the registrar, while NEXGEN Financial Solutions Pvt.Ltd. serves as the merchant banker for the offer.
IPO Highlights
IPO Reservation and Lot Size
The company has reserved shares for various investor categories. The Retail Shares reservation is 35.08% (16,12,800 shares), and QIB has 49.73% (22,86,000 shares). Further, the minimum lot size is – shares. The anchor investor reservation is 28.27% (13,68,000 shares), and the market maker reservation is 5.01% (2,42,400 shares).
IPO Issue Structure
QIB | 22,86,000 (49.73%) |
| Anchor Investor | 13,68,000 (28.27%) |
| QIB (Ex. Anchor) | 9,18,000 (18.97%) |
NII (HNI) | 6,98,400 (15.19%) |
| bNII > ₹10L | 4,64,400 (9.60%) |
| sNII < ₹10L | 2,34,000 (4.84%) |
Retail | 16,12,800 (35.08%) |
Market Maker | 2,42,400 (5.01%) |
Total | 48,39,600 (100%) |
On 30th Sep 2025 the company filed its Draft Red Herring Prospectus. The Red Herring Prospectus is available to understand the business operations, financials, and the risks involved.
IPO GMP
The Grey Market Premium indicates the extra price that people pay in the unofficial market. This value changes daily based on demand for the shares. Track live GMP Today here.
Financial Performance (₹ in Cr)
| Period Ended | 31 Mar 2026 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| Total Income | 143.81 | 122.39 | 99.75 |
| Profit After Tax | 14.1 | 9.41 | 4.62 |
| EBITDA | 25.66 | 18.34 | 12 |
| Net Worth | 65.74 | 51.71 | 33 |
| Assets | 193.44 | 160.04 | 144 |
Key Performance Indicator
| Particulars | FY26 | FY25 | FY24 | FY23 |
|---|---|---|---|---|
| EBITDA Margin (%) | 17.83 | 16.46 | 13.54 | 9.16 |
| PAT Margin (%) | 9.84 | 7.69 | 4.55 | 1.71 |
| EPS (₹) | – | 7.21 | 4 | 1.45 |
| ROE (%) | 23.88 | 18.91 | 15 | 6.32 |
| ROCE (%) | 18.18 | 17.58 | 15 | 11.92 |
| ROA (%) | – | 5.85 | 3 | 1.33 |
| Debt to Equity (x) | – | 1.13 | 2 | 1.53 |
To understand the above financial ratios / financial performance metrics as per the Draft Red Herring Prospectus.
IC ElectricalsSME IPO Review
You must look at the financial position of the company before deciding on the investments. You can read our full review article here.
Disclaimer: The information provided on this website is for general informational purposes only. Before making any investment decisions, you must consult with a qualified financial adviser.
IPO Financial Snapshot
IC Electricals Company Details
IC Electricals Company Limited started its business in 2005. The company operates in the Railway sector. It manufactures electronic equipment for railway applications for the Indian Railways market. Its main office is in New Delhi. It serves various government departments and ministries every year. The firm employs 288 workers in various departments. Its leadership team has many years of industry experience.
Main Offerings:
Key Strength:
Company Address: 156 DSIDC, Okhla INDL, Area Phase, North Delhi, New Delhi, 110020
You can contact the company via call or email.
+91 011 490507 | info@icelectricals.in
Intermediaries & Key Contacts
Frequently Asked Questions
IC Electricals IPO offers 48,39,600 equity shares at a price to be declared. The IPO opens on 25 June 2026 and closes on 30 June 2026. The firm manufactures electronic equipment for railway systems. They provide full engineering answers to the Indian Railways.
The issue opens on June 25 2026. The application window shuts down on June 30 2026.
The management will list the shares on the SME platform. You will find them trading on the NSE SME index.
Skyline Financial Services Private Limited works as the official registrar. Bidders can send allocation queries directly to their email.
Apply for the IC Electricals IPO online using UPI or ASBA. ASBA is available through net banking, while UPI is offered by brokers without banking services.
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