IC Electricals Company Limited
ListedSMEIndustrials · NSE
Incorporated in 2005, IC Electricals Company Limited manufactures electronic equipment and provides engineering solutions for Indian Railways. The company offers a wide range of products, including battery chargers, emergency lights, inverters, control systems, vigilance devices, alternators, traction motors, and passenger information systems. It also undertakes railway electrification projects, handling design, supply, installation, testing, and commissioning of railway power systems. Operating mainly on a Business-to-Government (B2G) model, the company serves government departments, including the Ministry of Railways. IC Electricals has successfully completed several railway electrification projects across India. As of May 31, 2026, the company had 288 permanent employees.
Price Band
₹94 – ₹99
Issue Size
₹483.96 L Cr
Lot Size
1200 shares
GMP
₹39
+39.4%
Est. Listing
₹138
at current GMP
Subscribed
420.17x
overall
Open
3 Jul 2026
Close
7 Jul 2026
Allotment
8 Jul 2026
Refund
9 Jul 2026
Demat Credit
10 Jul 2026
Listing
10 Jul 2026
Last updated 3 months ago
Official Registrar Verification
IC Electricals Company Limited Allotment Status
Designated Registrar: Skyline Financial Services Private Limited
Allotment Date
8 Jul 2026
Basis finalization
Refunds Initiate
9 Jul 2026
Mandate release
Demat Credit
10 Jul 2026
Shares in demat
Listing Debut
10 Jul 2026
Trading begins
How to Check IC Electricals Company Limited IPO Allotment Status
- Click the Check on Registrar button above to visit Skyline Financial Services Private Limited's allotment portal.
- Select IC Electricals Company Limited from the dropdown company list.
- Choose your lookup mode: PAN Number, Application Number, or DP Client ID.
- Enter your details accurately and solve the Captcha code.
- Click Submit / Search to view the number of shares applied and allotted to you.
About IC Electricals Company Limited Public Issue & Market Profile
IC Electricals Company Limited is bringing an initial public offering (IPO) in the Industrials sector with an aggregate issue size of ₹48,39,600 Crores. The shares are offered at a price band of ₹94 to ₹99 per equity share on NSE. Currently, traders and retail applicants are calculating expected listing gains and break-even points based on unofficial grey market quotations.
Public Issue & Allotment Procedure:
Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 1200 shares (approx. ₹1,18,800 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.
Official Allotment Timelines & Registrar Guidance:
Allotment reconciliation will be managed by Skyline Financial Services Private Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2026-07-10, while un-allotted funds or UPI block mandates will be released on 2026-07-09.
Frequently Asked Questions
What if my name is not showing on the registrar portal?
Allotment records are updated in batches. If the status is not yet available, please wait a few hours until the basis of allotment is fully finalized.
How will I receive the refund if I don't get allotment?
Since funds are blocked under ASBA/UPI, the bank will automatically release the blocked hold on your funds upon receipt of revocation instructions from the sponsor bank.