IC Electricals SME IPO Live Subscription Status
How to Apply for this IPO? Read here.
IC Electricals Company Limited provides electronic equipment for railway applications to various clients across the Indian Railways network. The company started its operations in 2005 and is based in New Delhi. This IPO helps the company expand its operational capabilities. The company will use the fresh issue money to fuel raw material procurement. It also wants to achieve overall business sustainability. Investors can now track the demand for these shares through the subscription status and the interest of different buyer categories.
Anchor Investor Allocation
Anchor investors are big institutions that buy shares before the public. The Book Running Lead Manager finalised the allocation of 13,68,000 Equity Shares to Anchor Investors at Rs. – per share.
| Anchor Investor Details | |
|---|---|
| Bid Date | – |
| Shares Offered | – |
| Anchor Portion (₹ Cr.) | – |
| Anchor lock-in period end date for 50% shares (30 Days) | – |
| Anchor lock-in period end date for remaining shares (90 Days) | – |
| Sr. | Anchor | Group Entity | Shares Allotted | Amt (₹ cr.) | % Allocated | % Allotment of Issue |
|---|---|---|---|---|---|---|
Disclaimer: This information is for educational purposes only. Always seek advice from a qualified financial professional before making investment choices.
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