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