← All IPOs

IC Electricals Company IPO Allotment Status

SMEListed
ICELCO · · NSE SME

IC Electricals Company IPO Details

RegistrarSkyline Financial Services Pvt.Ltd.
Lead managersNEXGEN Financial Solutions Pvt.Ltd
Fresh issue₹48 Cr
Offer for sale—
Market cap at the offer₹180.79 Cr

Market capitalisation is the post-issue share count in the offer document’s capital structure (1,82,61,600 shares) multiplied by the upper end of the price band, ₹99. It is arithmetic on those two filed figures, not a valuation.

IC Electricals Company Financials ₹ in crore

Revenue CAGR+20.1%2024 → 2026 · 2 yrs
Profit CAGR+74.7%2024 → 2026 · 2 yrs
Expenses CAGR+15.4%2024 → 2026 · 2 yrs
Total assets CAGR+15.9%2024 → 2026 · 2 yrs
00%503%1005%1508%20010%202420252026
₹ crore202420252026
Revenue₹99.75₹122.39₹143.81
Expenses₹93.72₹109.75₹124.88
Net profit (PAT)₹4.62₹9.41₹14.1
PAT margin4.6%7.7%9.8%
Total assets₹143.89₹160.04₹193.44

IC Electricals Company Shareholding before & after the IPO

Before the IPO
Pre-issue

The pre-issue register for this issue isn’t available yet.

After the IPO
Post-issue · as filed 09-JUL-2026
60.94%
Promoter
Promoter & promoter groupafter the IPO
Holding60.94%
Shares1,11,29,100

The founding owners and their group entities.

Breakdown as filed
Other Indian shareholders28.86%52,69,620
Individuals / HUF20.79%37,96,980

Post-issue pattern as filed with the NSE. Pre-issue percentages are taken from the disclosure, never estimated.

IC Electricals Company IPO Lot Size & Minimum Investment by investor category

ApplicationSharesAmount at ₹99
Individual investor (min)minimum application2,400₹2,37,600

The minimum application is 2,400 shares, ₹2,37,600 at the ₹99 cut-off. Since 1 July 2025 SME issues take a minimum application of ₹2,00,000 or more from individual investors; the HNI minimum is set in the RHP. Amounts are shown at the upper band because applications are made at the cut-off price.

IC Electricals Company IPO Strengths & Risks as disclosed in the DRHP

Strengths and risk factors from this issue’s prospectus aren’t available yet.

How to check IC Electricals Company IPO allotment status

Allotment is decided and published by the issue’s registrar, not by the exchange and not by alphave. For IC Electricals Company Limited, the registrar is Skyline Financial Services Pvt.Ltd. — allotment is finalised in the days between the issue closing on 07 Jul 2026 and listing on 10 Jul 2026.

RegistrarSkyline Financial Services Pvt.Ltd.
You will needPAN, application number or demat ID
Issue closes07 Jul 2026
Listing date10 Jul 2026
Issue opens
Fri, 03 Jul, 2026
Bidding 10:00 am – 5:00 pm IST
Issue closes
Tue, 07 Jul, 2026
Last day to bid · UPI mandate by 5:00 pm
Allotment finalisedTentative
Wed, 08 Jul, 2026
By Skyline Financial Services Pvt.Ltd.; check with PAN, application no. or DP ID
Refunds & UPI unblockTentative
Thu, 09 Jul, 2026
Unallotted amounts released · allotted shares credited to demat
Listing
Fri, 10 Jul, 2026
NSE SME · trading from 10:00 am IST

Allotment and refund dates follow SEBI’s T+3 listing timeline in trading days and are tentative until the registrar and the exchange confirm them. alphave does not hold allotment results — only the registrar can show whether an application was allotted.

The registrar publishes allotment on its own portal: Skyline. Your bank will also show the blocked amount released if shares were not allotted.

IC Electricals Company IPO Allotment Status FAQs

When is IC Electricals Company IPO allotment date?

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.

How to check IC Electricals Company IPO allotment status?

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.

Who is the registrar of IC Electricals Company IPO?

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.

What happens if I do not get allotment?

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.

IC Electricals Company IPO Registrar where allotment and refund queries go

RegistrarSkyline Financial Services Pvt.Ltd.

The registrar processes the allotment and the refunds. Contact details are as printed in the offer document; the exchange and your broker cannot change an allotment.

How to Apply for the IC Electricals Company IPO ASBA and UPI, as SEBI sets them

  1. Apply through your broker’s IPO window or your bank’s net banking (ASBA). The money stays in your own account and is only blocked until allotment.
  2. Choose the number of lots and bid at the cut-off price. SME issues take a minimum application of two lots, so the smallest valid bid is the amount shown in the lot table above.
  3. If you applied through a broker, approve the UPI mandate in your payment app. The mandate must be approved by 5 pm on the day after your bid, and by 5 pm on the closing day for bids made on the last day (07 Jul 2026).
  4. One application per PAN. A second application under the same PAN is rejected, and both may be.
  5. After allotment the blocked amount is released for shares not allotted. Allotment and refund queries go to the registrar, Skyline Financial Services Pvt.Ltd., not to the exchange or the broker.

What is GMP in an IPO?

Grey Market Premium is the price at which an unlisted IPO application or share changes hands informally, before the stock is listed on the exchange. It is quoted as a rupee figure over the issue price: a premium of ₹40 on a ₹99 upper band means the grey market is dealing at issue price plus that premium.

The grey market is an over-the-counter market between private dealers. It is not operated or supervised by NSE, BSE or SEBI, no trade is settled through a clearing corporation, and no dealer is obliged to publish or honour a quote. Figures are collected by third-party reporters and different sources routinely disagree, which is why a premium can move sharply within a day or vanish entirely once bidding closes.

Grey Market Premium is an unofficial, unregulated over-the-counter datapoint reported by third parties. It is not a price, a forecast, or an indication of listing gains, and is not investment advice.