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IC Electricals Company Limited-Issue postponed IPO

LISTEDSMESME IPO Dashboard →ICEL

Listing Performance

Listed

Issue Price

₹94

Listed On

10 Jul 2026

Price Band
₹94 – ₹94
Lot Size
1200
Lot Value
₹1,12,800
Open Date
25 Jun 2026
Close Date
30 Jun 2026
Min Investment
₹1,12,800
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IPO Timeline

Issue Opens

25 Jun 2026 · Thu

Issue Closes

30 Jun 2026 · Tue

UPI Deadline

30 Jun 2026 · Tue

Allotment

01 Jul 2026 · Wed

Refund

02 Jul 2026 · Thu

Share Credit

02 Jul 2026 · Thu

Listing

03 Jul 2026 · Fri

About IC Electricals Company Limited-Issue postponed

IC Electricals Company Limited is engaged in the manufacture of electronic equipment and electrical systems for railway applications, primarily serving Indian Railways and related railway-sector customers. The company offers products such as rectifier-cum-regulating units, regulated battery chargers, emergency light units, inverters, microprocessor-based control systems, vigilance control devices, alternators, traction motors, and permanent magnet alternators with controllers. It also undertakes railway electrification projects through its Contract Division, providing services for 25 kV AC overhead equipment systems, including design, material supply, erection, testing, and commissioning. The company earns revenue from product sales, services, after-sales replacements, and maintenance-related supplies. It primarily follows a B2G model, with a significant portion of revenue from the Ministry of Railways and related government entities. The company holds approved supplier registrations with railway authorities and operates manufacturing facilities in Haridwar.

Investment Analysis

Quick Analysis: 5 strengths · 5 risk factors· Exchange: NSE

Strengths (5)

  • IC Electricals provides a wide range of electronic products and systems for Indian Railways.
  • The company manufactures key railway components such as alternators, traction motors, and permanent magnet alternators.
  • It executes turnkey railway electrification projects covering design, supply, installation, testing, and commissioning.
  • The company holds approved supplier registrations with various directorates under the Ministry of Railways, including RDSO.
  • It has operated in the railway engineering and electrification business since its incorporation in 2005.

Risk Factors (5)

  • A large portion of revenue depends on contracts from the Ministry of Railways and related government entities.
  • The company operates in a highly competitive industry, which may put pressure on margins and market share.
  • Any blacklisting or debarment by railway or government authorities could affect future business opportunities.
  • The company is substantially dependent on working capital for its operations.
  • Its business may be affected by dependence on suppliers of raw materials and components.

✍️ Demand & Risk Analysis

Based on market demand signals — subscription, GMP trend, risk factors

IPO Market Analysis

ANALYSIS PENDING

Rating will be available once IPO opens for subscription.

This is algorithmic analysis, not investment advice. Always read the DRHP before investing.

IPO Details

Registrar
ExchangeNSE
ISIN
Face Value
Issue Size₹48.00 Cr
Fresh Issue
OFS Size
Lead Managers

Company Fundamentals

Capital Structure

Capital structure not yet available.

Shareholding Pattern

Shareholding pattern not yet available.

Reservations & OFS

Reservation & OFS detail not yet available.

Board & Management

Board & management not yet available.

Industry & Market

Industry & market data not yet available.

Application Lot Sizes

Retail caps at ₹2,00,000 (13 lots here). S-HNI is ₹2L–₹10L, B-HNI is above ₹10L.

CategoryLotsSharesAmount
Retail (min)11,2001,12,800
Retail (max)1315,60014,66,400
S-HNI (min)1416,80015,79,200
S-HNI (max)6679,20074,44,800
B-HNI (min)6780,40075,57,600

3-Year Financial Summary

Financial data not available yet.

Subscription Status

Subscription data will appear once bidding begins.

Allotment Statistics

Basis of Allotment

Category-wise subscription & allotment ratio

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Frequently Asked Questions

When is the IC Electricals Company Limited-Issue postponed IPO opening?

The IC Electricals Company Limited-Issue postponed IPO opens on 25 Jun 2026 and closes on 30 Jun 2026. Check this page for the latest updates as we refresh every 30 minutes.

What is the price band of the IC Electricals Company Limited-Issue postponed IPO?

The price band for the IC Electricals Company Limited-Issue postponed IPO is ₹94 to ₹94. The final price is announced after the book-building process and is confirmed before listing.

What is the lot size and minimum investment for the IC Electricals Company Limited-Issue postponed IPO?

The minimum lot size is 1200 shares with a minimum investment of ₹1,12,800. Retail investors can apply for up to the retail limit defined by SEBI.

What is the GMP of IC Electricals Company Limited-Issue postponed IPO today?

Grey Market Premium data for IC Electricals Company Limited-Issue postponed is not available yet. It typically starts appearing a few days before the IPO opens.

When will the IC Electricals Company Limited-Issue postponed IPO list on NSE and BSE?

The IC Electricals Company Limited-Issue postponed IPO is expected to list on 10 Jul 2026 on NSE. Actual listing day trading begins at the start of the normal market session.

How can I check the IC Electricals Company Limited-Issue postponed IPO allotment status?

You can check your allotment status on the registrar's portal using your PAN, application number, or DP ID. We link to the registrar directly on our allotment page after the allotment date.

Is the IC Electricals Company Limited-Issue postponed IPO a mainboard or SME issue?

IC Electricals Company Limited-Issue postponed is a SME IPO that will list on the NSE Emerge or BSE SME platform. SME IPOs require a minimum application value of one lakh rupees.

How do I apply for the IC Electricals Company Limited-Issue postponed IPO?

You can apply for the IC Electricals Company Limited-Issue postponed IPO through any SEBI-registered broker such as Zerodha, Upstox, or Angel One using UPI or ASBA. Use the Apply Now buttons on this page to go directly to the broker.

Should I subscribe to IC Electricals Company Limited-Issue postponed IPO?

Based on our algorithmic analysis, IC Electricals Company Limited-Issue postponed IPO is rated UNRATED with low confidence. Rating will be available once subscription and GMP data is collected. This is not investment advice — please read the DRHP and consult a financial advisor before investing.

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Financial Disclaimer: The information on this page is for educational purposes only and does not constitute investment advice. IPO investments are subject to market risks. Grey Market Premium (GMP) figures are unofficial and not endorsed by SEBI, NSE, or BSE. Past performance is not indicative of future returns. Please read the RHP and consult a SEBI-registered advisor before investing.