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IC Electricals Company Limited

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.

₹94 - ₹99GMP ₹25Open
GMP+₹25
Est. Listing Price₹124
TimelineBookbuilding IPO
1
Open25 Jun 2026
2
Close30 Jun 2026
3
Allotment01 Jul 2026
4
Listing03 Jul 2026

Quota Reservation Portions

AnchorPortion: 13,68,000 shares
28.27%
QIBPortion: 9,18,000 shares
18.97%
HNIPortion: 6,98,400 shares
14.43%
RetailPortion: 16,12,800 shares
33.33%
Market MakerPortion: 2,42,400 shares
5.01%

Minimum Application Bracket Matrix

Retail2 lots / 2,400 shares
₹2,37,600
sHNI3 lots / 3,600 shares
₹3,56,400
bHNI9 lots / 10,800 shares
₹10,69,200

About the Company

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.

Company Promoters

Mr. Sunil Kumar VermaMrs. Renu VermaM/s SHBD LLPM/s Safe System India Private Limited
IC Electricals Company Limited IPO Details | GMP, Allotment & Financials | IPO Trending