IC Electricals Co IPO Details

SME NSE

IC Electricals Co IPO Summary

IC Electricals Co IPO DRHP (Draft Red Herring Prospectus) has been Filed with Exchange.

IC Electricals Co IPO total issue size comprises 48,40,000 shares (aggregating up to ₹0.00 Cr.). This includes a fresh issue of 48,40,000 shares (aggregating up to ₹0.00 Cr.). Pre-issue shareholding stands at 1,34,22,000, which will increase to 1,82,62,000 post-issue.

IC Electricals Co IPO carries a ₹0 (0%) GMP, reflecting investor sentiment.

The Lead Managers for IC Electricals Co IPO are crucial for the offering's success. They are responsible for a wide range of tasks, including preparing the company for the public market, managing the regulatory filings, and marketing the IPO to potential investors. The lead manager for this offering is NEXGEN Financial Solutions Pvt Ltd. To assess their past performance and success in previous IPOs, you can view the Lead Manager Performance Summary report.

For detailed information, Refer to the IC Electricals Co Limited DRHP.

IC Electricals Co IPO Details

Open Date

Close Date

Listing Date

Issue Price

₹0 - ₹0

Face Value

₹10 per share

Lot Size

0 Shares

GMP

₹0

Issue Type

IPO

Listing On

NSE

Type

Book Built Issue

Pre-issue Shareholding

1,34,22,000 shares

Post-issue Shareholding

1,82,62,000 shares

Total Issue Size

48,40,000 shares(aggregating up to ₹0.00 Cr.)

Fresh Issue

48,40,000 shares(aggregating up to ₹0.00 Cr.)

Offer for Sale

DRHP Status

Filed with Exchange

IC Electricals Co IPO Lot Size

Application	Lots	Shares	Amount
To be announced

IC Electricals Co IPO Reservation

Promoter Holding

Pre Issue:

Post Issue:

Documents

DRHP

IC Electricals Co IPO DRHP

IC Electricals Co IPO Valuations

ROE23.28%

ROCE17.58%

RONW23.28%

IC Electricals Co Financial Information

Period Ended	31 Mar 2025	31 Mar 2024	31 Mar 2023
Assets	160.04	143.89	125.90
Total Income	122.39	99.75	98.19
Profit After Tax	9.41	4.62	1.71
EBITDA	18.34	12.14	8.14
NET Worth	51.71	33.22	28.60
Reserves and Surplus	36.12	27.11	22.58
Total Borrowing	55.79	47.81	39.33
Amount in ₹ Crore

About IC Electricals Co IPO

Incorporated in 2005, IC Electricals Company Limited is engaged in the manufacturing of electronic equipment for railway applications and in providing engineering solutions to Indian Railways.

The company offers a diverse range of electronic products including regulators, battery chargers, emergency lights, inverters, microprocessor-based control systems, and vigilance control devices, all compliant with the latest technical standards.

In addition, the company manufactures key railway components such as alternators, traction motors, and permanent magnet alternators with controllers. IC Electricals also undertakes turnkey railway electrification projects, covering design, supply, erection, testing, and commissioning of 25 kV AC overhead equipment and traction substation systems.

The company primarily operates on a Business-to-Government (B2G) model, catering mainly to government departments and ministries, including the Ministry of Railways. Its key product offerings include Electronic Rectifier-cum-Regulating Units (ERRU), Vigilance Control Devices (VCD), Regulated Battery Chargers, and GPS-based Passenger Announcement & Passenger Information Systems (PAPIS).

IC Electricals has successfully executed multiple railway electrification projects such as the Gorakhpur–Kaptanganj–Valmiki Nagar section under the North Eastern Railway and the Ara–Sasaram section under the East Central Railway.

As of August 31, 2025, the company employs 220 permanent staff members.

Strength Of IC Electricals Co IPO

To be announced

Risk Of IC Electricals Co IPO

To be announced

Objectives IC Electricals Co IPO

1. Funding the working capital requirements of the Company.

2. General Corporate Purposes

Company Contact Details

IC Electricals Co. Ltd.
156 DSIDC
Okhla INDL
Area Phase
North Delhi, New Delhi, 110020
Phone: +91 011 490507
Email: info@icelectricals.in
Website: http://www.icelectricals.in/

Registrar Contact Details

Name:

Skyline Financial Services Pvt Ltd

Phone:

+91-22-28511022

Email:

ipo@skylinerta.com

Website:

https://www.skylinerta.com/ipo.php

Lead Mangers

Market Maker

To be announced

IC Electricals Co FAQs

The IC Electricals Co IPO is a SME public issue comprising 4840000 equity shares with a face value of ₹10 each, aggregating to a total issue size of ₹0.00 Cr.. The issue price has been fixed at ₹0 per equity share, and the minimum application size is 0 shares.

The IPO opens for subscription on TBA, and closes on TBA.

Skyline Financial Services Pvt Ltd has been appointed as the registrar to the issue. The equity shares are proposed to be listed on the NSE

The IC Electricals Co IPO opens on TBA.

IC Electricals Co IPO lot size is 0, and the minimum amount required for application is ₹0.

You may apply for the IC Electricals Co IPO online by using either the UPI or ASBA payment method. The ASBA facility is available through the net banking platform of your respective bank. The UPI-based IPO application option is typically provided by brokers that do not offer banking services. For detailed guidance on the online IPO application process, please refer to the procedures outlined by Zerodha, Groww, Upstox, 5Paisa, Paytm Money, Fyers, Alice Blue, Nuvama, HDFC Bank, ICICI Direct, Kotak Securities, Axis Direct, and SBI Bank.

The Basis of Allotment for the IC Electricals Co IPO is scheduled to be finalized on TBA. Subsequently, the shares allotted will be credited to investors’ demat accounts by TBA. Investors are advised to regularly check the IC Electricals Co IPO allotment status for updates.

The listing date for the IC Electricals Co IPO has not yet been officially announced. However, the tentative listing date is scheduled for TBA.

IC Electricals Co IPO Grey Market Premium (GMP) refers to the unofficial price at which the company’s IPO shares are traded in the grey market prior to their listing on the stock exchange. The GMP serves as an indicator of investor demand, expected listing gains, and the overall market sentiment toward the IPO.

As of now, the current GMP stands at TBA.