IC Electricals Company IPO Allotment Status: Check GMP, Steps to Verify Status & Key Issue Details

09 July 2026
2 min read
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The allotment status for the ₹47.91 crore IC Electricals Company IPO is expected to be announced on July 8, 2026. Investors can check their IPO allotment status on the official websites of the NSE, and the IPO registrar, Skyline Financial Services Private Limited.

Following the completion of the allotment process, the shares are expected to be listed on the NSE Emerge platform on July 10, 2026.

Procedure to Check IC Electricals Company IPO Allotment Status Online on NSE

  • Visit the NSE’s IPO allotment verification status page here.
  • Select “Equity & SME IPO Bid Details”.
  • In Select Symbol, select “ICELCO”.
  • Enter your PAN No. and Application No.
  • Click “Submit”.

Procedure to Check IC Electricals Company IPO Allotment Status on Skyline Financial Services Private Limited (Registrar to the issue)

  • Visit the Skyline Financial Services IPO allotment status page here.
  • In Company Name, select “IC ELECTRICALS COMPANY LIMITED”.
  • Enter any of the following details.
    • DPID/Client ID/ Folio Number
    • CAF Number
    • PAN Number
  • Click “Search”.

IC Electricals Company IPO - Issue Details

  • Issue Type: Book Built Issue (Fresh Issue Only)
  • Total Issue Size: Up to ₹47.91 crore 
  • Fresh Issue: Up to ₹47.91 crore 
  • Offer for Sale (OFS): Not Applicable
  • Face Value: ₹10 per equity share
  • Price Band: ₹94 to ₹99 per share
  • Lot Size: 1,200 shares
  • Minimum Investment Amount (Retail Investor): ₹1,18,800 (1,200 shares) (based on upper price)
  • Listing: NSE SME
  • Book Running Lead Manager: Nexgen Financial Solutions Private Limited
  • Registrar: Skyline Financial Services Private Limited

Explore other Upcoming IPOs on BSE and NSE.

Utilisation of IPO Proceeds 

The company intends to utilise the net proceeds from the fresh issue towards:

  • Meeting the working capital requirements of the company to support business growth
  • General corporate purposes.

IC Electricals Company IPO Overall Subscription Status

[As of July 7, 2026, 7:00 PM]

Category 

Subscription (x)

Qualified Institutional Buyers (QIBs)

241.75x

Non-Institutional Investors (NIIs)

764.38x

Retail Individual Investors (RIIs)

372.51x

Total 

420.09x

IC Electricals Company IPO GMP Today

According to media reports, the IC Electricals Company IPO was commanding a Grey Market Premium (GMP) of around ₹35 per share over its issue price.

About IC Electricals Company Limited

IC Electricals Company Limited, incorporated in 2005, manufactures electronic equipment and electrical solutions for railway applications. The company provides products such as regulators, battery chargers, emergency lights, inverters, microprocessor-based control systems, vigilance control devices, alternators, and traction motors for Indian Railways and other railway sector participants.

The company operates through three business verticals: Electronics Division, Rotating Machines Division, and Contracts Division. It also undertakes turnkey railway electrification projects, including the design, supply, erection, testing, and commissioning of 25 kV AC overhead equipment and traction systems.

Key Financial Highlights

Particulars 

FY26  

(in ₹ Cr.)

FY25 

(in ₹ Cr.)

FY24

(in ₹ Cr.)

Revenue from Operations 

143.04 

121.88 

99.24

Profit After Tax

14.07 

9.37 

4.52

EBITDA 

25.68 

18.48 

11.96

Disclaimer: This news is solely for educational purposes. The securities/investments quoted here are not recommendatory.

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