IC Electricals Company IPO

Allotment for the IC Electricals Company Limited IPO is expected to be finalised on 8 July 2026, the trading day after the issue closes on 7 July 2026. Under SEBI's T+3 timeline refunds and demat credit follow on 9 July 2026 and the shares list on 10 July 2026. Dates are tentative until the registrar and exchange confirm them.

Allotment is decided and published by the registrar, Skyline Financial Services Pvt.Ltd. — not by the exchange and not by alphave. Open the registrar's IPO allotment page, choose the issue, and enter your PAN, application number or DP ID / client ID. Your bank will also show the blocked amount released if shares were not allotted.

The registrar to the IC Electricals Company Limited IPO is Skyline Financial Services Pvt.Ltd.. The registrar processes applications, finalises the basis of allotment with the exchange, and handles refunds.

The amount blocked in your bank account under ASBA or the UPI mandate is released, normally on the day allotment is finalised or the next working day. No shares are credited and nothing further is needed from you.

Bidding for the IC Electricals Company Limited IPO opens on 3 July 2026 and closes on 7 July 2026. Exchange bidding runs from 10:00 am to 5:00 pm IST on each day; UPI mandates must be accepted by 5:00 pm on the closing day, and brokers may stop taking bids somewhat earlier.

The shares are scheduled to list on 10 July 2026 on NSE SME. Trading starts at 10:00 am IST after the special pre-open session that discovers the listing price.

Applications are made through a broker's app or a bank's net banking using ASBA, or by UPI mandate, between 3 July 2026 and 7 July 2026. The amount is only blocked, not debited, until allotment. Retail bids of up to ₹2,00,000 are usually placed at the cut-off price (₹99); a UPI mandate must be approved by 5:00 pm on the closing day.

7 July 2026 is the last day of bidding. Allotment is then expected on 8 July 2026, refunds and demat credit on 9 July 2026, and listing on 10 July 2026 — tentative until confirmed.

The IC Electricals Company Limited IPO price band is ₹99 to ₹99 per share. Applications are made at the cut-off price, which is the upper end of the band.

One lot is 2400 shares, so a single application at the ₹99 cut-off costs ₹2,37,600. One lot already exceeds the ₹2,00,000 retail limit, so this issue can only be applied for in the HNI category.

₹2,37,600 — one lot of 2400 shares at ₹99. Bids in the non-institutional category start above ₹2,00,000 and are made in multiples of the lot.

IC Electricals Company Limited is an SME issue listing on NSE SME. SME issues have a larger minimum lot and trade on the exchange's SME platform after listing. The lead manager is NEXGEN Financial Solutions Pvt.Ltd.

The issue size is ₹48 crore, of which ₹48 crore is a fresh issue.

IC Electricals Company Limited reported revenue of ₹143.81 crore in FY2026, as restated in its offer document. The table on this page shows each reported year.

IC Electricals Company Limited reported a profit after tax of ₹14.1 crore in FY2026. Earlier years are in the table above.

From the restated financial statements in the company's draft and final offer documents filed with SEBI and the exchange. alphave reports them as filed, in ₹ crore, and does not publish a valuation or a view on the issue.

The promoter and promoter group hold 60.94% after the issue, as disclosed in the offer document and filed with the exchange.

The pre-issue register is the capital structure disclosed in the offer document; the post-issue pattern is the company's shareholding-pattern filing with NSE or BSE once it is published, and the offer document's disclosed post-issue register until then.

The offer document is filed with SEBI and the exchange and hosted by the lead managers (NEXGEN Financial Solutions Pvt.Ltd); the link is added here once it is available.

The Draft Red Herring Prospectus is the document a company files with SEBI before an IPO. It describes the business, the financials, the risk factors, the promoters and how the money raised will be used. The Red Herring Prospectus (RHP) is the version filed just before the issue opens, with the price band and dates added.

Strong focus on Research & Development Kumar Chauhan Well-equipped manufacturing facilities The page lists all 5 as disclosed.

Our business is heavily dependent on contracts awarded by the Ministry of Railways and its affiliated entities, and any reduction in railway sector spending, adverse policy changes or inability to maintain historical business levels with Indian Railways may materially and adversely affect our business, financial condition and results of operations Our Company operates in a competitive industry, and increasing competition may exert pressure on our profit margins, potentially leading to a reduction in our market share and overall profitability Risk of the Company Being Blacklisted by Government Authorities The page lists all 8 disclosed risk factors.

The IC Electricals Company Limited shares are scheduled to list on 10 July 2026 on NSE SME. The listing price is discovered in a special pre-open session from 9:00 am and normal trading begins at 10:00 am IST.

IC Electricals Company Limited listed at ₹166, a gain of 67.7% on the ₹99 issue price.

On listing day the exchange runs a special pre-open session for the new stock from 9:00 am IST in which orders are collected and the listing price is discovered; continuous trading in the shares begins at 10:00 am IST.

Subscription figures are the exchange's own category-wise bids (NSE and BSE), refreshed every 5 minutes while bidding is open and frozen at the final tally after close. GMP is an unofficial grey-market indicator read about once an hour from third-party reporters, each reading timestamped. Price band, lot size, issue size, dates, registrar and lead managers are from the exchange's issue master and the offer document filed with SEBI. Financials and the shareholding pattern are as restated in the offer document; allotment is published only by the registrar, which this page links to. Anchor investor allocations, where shown, are the exchange's anchor allocation file.