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
Live Grey Market Premium
IC Electricals Company Limited GMP Today
Last updated: 10 Jul 2026
Current Premium
₹39+39.4%
Issue Price (Upper)
₹99
Band: ₹94 – ₹99
Estimated Listing Price
₹138
Upper price + GMP
Lot Size
1200 shares
Min investment ₹1,18,800
Estimated Profit / Lot
₹46,800
1200 × ₹39
IC Electricals Company Limited GMP Historical Trend
GMP History
Grey Market Premium trend
+₹39
▲ 0 today
Updated 1 minute ago
Estimated Listing Price
| Date | GMP (₹) | GMP % | Est. Listing |
|---|---|---|---|
| 27 Sep 2026 | +₹39 | 39.4% | ₹138 |
| 26 Sep 2026 | +₹39 | 39.4% | ₹138 |
| 25 Sep 2026 | +₹35 | 35.5% | ₹134 |
GMP is unofficial market data. Not a guarantee of listing performance.
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 & Pricing Context:
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.
Basis of Allotment & Listing Timeline:
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 is IC Electricals Company Limited IPO GMP today?
The latest grey market premium for IC Electricals Company Limited IPO is ₹39, which indicates an expected listing price of ₹138.
What does Kostak Rate and Sauda mean in IPO GMP?
Kostak rate is the profit amount an investor earns by selling their entire IPO application in the grey market before allotment is finalized.
Is Grey Market Premium officially recognized?
No. GMP is an unofficial indicator discovered between dealers outside of SEBI-regulated exchanges. Actual listing price is determined by demand-supply discovery on NSE/BSE during the pre-open auction.