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IPOs, NCDs, OFS, Rights Issues, Buyback and Stock Brokers

IPO Open

Thu, Jun 25, 2026

IPO Close

Tue, Jun 30, 2026

Price Band

To be declared

Market Cap (Pre-IPO)

To be declared

IPO Details

  • IPO Date
    25 to 30 Jun, 2026
  • Listing Date
    Fri, Jul 3, 2026
  • Face Value
    ₹10 per share
  • Price Band
  • Lot Size
  • Sale Type
    Fresh capital only
  • Issue Type
    Bookbuilding IPO
  • Listing At
    NSE SME
  • Total Issue Size
    48,39,600 shares (agg. up to ₹[.] Cr)
  • Reserved for Market Maker
    2,42,400 shares (agg. up to ₹[.] Cr) Mansi Share & Stock Broking Pvt.Ltd.
  • Fresh Issue (Ex Market Maker)
    45,97,200 shares (agg. up to ₹[.] Cr)
  • Net Offered to Public
    45,97,200 shares (agg. up to ₹[.] Cr)
  • Share Holding Pre Issue
    1,34,22,000 shares
  • Share Holding Post Issue
    1,82,61,600 shares

IPO Timetable (Tentative)

  • IPO Open
    Thu, Jun 25, 2026
  • Allotment
    Wed, Jul 1, 2026
  • Credit of Shares
    Thu, Jul 2, 2026
  • IPO Close
    Tue, Jun 30, 2026
  • Refund
    Thu, Jul 2, 2026
  • Listing
    Fri, Jul 3, 2026

Issue Reservation

IC Electricals IPO comprises a total issue size of 48,39,600 shares. The net offer to the public is 45,97,200 shares, after excluding 2,42,400 shares allotted on a firm basis. Of the Net offer 22,86,000 (49.73%) are allocated to QIB, 6,98,400 (15.19%) allocated to NII 16,12,800 (35.08%) allocated to RII.

Investor Category Shares Offered % of Net Issue % of Total Issue
QIB Shares Offered 22,86,000 49.73% 47.24%
  − Anchor Investor Shares Offered 13,68,000 28.27%
  − QIB (Ex. Anchor) Shares Offered 9,18,000 18.97%
NII (HNI) Shares Offered 6,98,400 15.19% 14.43%
  − bNII > ₹10L 4,64,400 9.60%
  − sNII < ₹10L 2,34,000 4.84%
Retail Shares Offered 16,12,800 35.08% 33.33%
Firm Reservations
Market Maker Shares Offered 2,42,400 5.01%
Total Shares Offered 48,39,600 100.00% 100.00%

About IC Electricals Co.Ltd.

Incorporated in 2005, IC Electricals Company Limited is engaged in the manufacturing of electronic equipment for railway applications and in providing engineering solutions to Indian Railways.

The company offers a diverse range of electronic products including regulators, battery chargers, emergency lights, inverters, microprocessor-based control systems, and vigilance control devices, all compliant with the latest technical standards.

In addition, the company manufactures key railway components, including alternators, traction motors, and permanent magnet alternators with controllers. IC Electricals also undertakes turnkey railway electrification projects, covering design, supply, erection, testing, and commissioning of 25 kV AC overhead equipment and traction substation systems.

The company primarily operates on a Business-to-Government (B2G) model, serving government departments and ministries, including the Ministry of Railways. Its key product offerings include Electronic Rectifier-cum-Regulating Units (ERRU), Vigilance Control Devices (VCD), Regulated Battery Chargers, and GPS-based Passenger Announcement & Passenger Information Systems (PAPIS).

IC Electricals has successfully executed multiple railway electrification projects such as the Gorakhpur–Kaptanganj–Valmiki Nagar section under the North Eastern Railway and the Ara–Sasaram section under the East Central Railway.

As of May 31, 2026, the company employs 288 permanent staff members.

Competitive Strength:

  • Strong focus on Research & Development
  • Experienced management team with a proven track record
  • Dedicated service centers or representatives are in every state capital, ensuring customer queries are addressed within 24 hours.
  • Well-equipped manufacturing facilities.

Company Financials (Restated Consolidated)

IC Electricals Co.Ltd.’s revenue increased by 18% and profit after tax (PAT) rose by 50% between the financial year ending with March 31, 2026 and March 31, 2025.

Period Ended 31 Mar 2026 31 Mar 2025 31 Mar 2024
Assets 193.44 160.04 143.89
Total Income 143.81 122.39 99.75
Profit After Tax 14.10 9.41 4.62
EBITDA 25.66 18.34 12.14
NET Worth 65.74 51.71 33.22
Reserves and Surplus 50.20 36.12 27.11

Recently Listed IPOs in Electrical Equipment

Company Issue Type Issue Size Issue Price Listing Day Close Listing Gain/Loss % LTP
Vivid Electromech Ltd. SME ₹130.54 Cr ₹555 ₹563.05 +1.45% ₹1,261.40 (+3.99%)
INDO SMC Ltd. SME ₹91.95 Cr ₹149 ₹154.80 +3.89% ₹336.45 (+4.99%)
Sugs Lloyd Ltd. SME ₹85.66 Cr ₹123 ₹125.85 +2.32% ₹126.45 (-0.94%)

IPO Objects of the Issue

The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:

  • # Issue Objects
    Est Amt (₹ Cr.)
  • 1 Funding the working capital requirements of the Company
    33.60
  • 3 General Corporate Purposes
  • Total
    33.60

Key Performance Indicator (KPI)

KPI Mar 31, 2026
ROE 23.88%
ROCE 18.18%
RoNW 23.88%
PAT Margin 9.84%
EBITDA Margin 17.83%

 

Pre IPO Post IPO
EPS (₹) 7.01 5.16
Promoter Holding 73.52%
Mr. Sunil Kumar Verma, Mrs. Renu Verma, M/s SHBD LLP and M/s Safe System India Private Limited are the company promoters.

IPO Registrar

Skyline Financial Services Pvt.Ltd.

IPO Lead Manager(s)

  1. NEXGEN Financial Solutions Pvt.Ltd.  (Past IPO Performance)

Lead Manager Reports

  • Lead Manager Performance Summary
  • Lead Manager Performance Tracker

Contact Details

IC Electricals Co.Ltd. Address
156 DSIDC
Okhla INDL
Area Phase
North Delhi, New Delhi, 110020

IPO FAQs

IC Electricals IPO is a SME IPO of 48,39,600 equity shares of the face value of ₹10 aggregating up to ₹[.] Crores. The issue is priced at To be declared. The minimum order quantity is .

The IPO opens on Thu, Jun 25, 2026, and closes on Tue, Jun 30, 2026.

Skyline Financial Services Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on NSE SME.

Angel One customers can apply online in IC Electricals IPO using UPI as a payment gateway. Angel One customers can apply in IC Electricals IPO by login into Angel One Console (back office) and submitting an IPO application form.

Steps to apply in IC Electricals IPO through Angel One

Visit the Angel One website and login to Console.
Go to Portfolio and click the IPOs link.
Go to the ‘IC Electricals IPO’ row and click the ‘Bid’ button.
Enter your UPI ID, Quantity, and Price.
Submit IPO application form.
Visit the UPI App (net banking or BHIM) to approve the mandate.
Visit Angel One IPO Application Process Review for more detail.

The IC Electricals IPO opens on Thu, Jun 25, 2026 and closes on Tue, Jun 30, 2026.

IC Electricals IPO lot size and the minimum order quantity is not available at this time. Please check again later.

You can apply in IC Electricals IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don’t offer banking services. Read more detail about applying IPO online through Angel One, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.

The finalization of Basis of Allotment for IC Electricals IPO will be done on Wednesday, July 1, 2026, and the allotted shares will be credited to your demat account by Thu, Jul 2, 2026. Check the IC Electricals IPO allotment status.

The IC Electricals IPO listing date is not yet announced. The tentative date of listing is Fri, Jul 3, 2026.

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IPO FAQs

Avience Biomedicals IPO is a SME IPO of 14,53,800 equity shares of the face value of ₹10 aggregating up to ₹30 Crores. The issue is priced at ₹196 to ₹208. The minimum order quantity is 600.

The IPO opens on Thu, Jun 18, 2026, and closes on Mon, Jun 22, 2026.

Skyline Financial Services Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on NSE SME.

Angel One customers can apply online in Avience Biomedicals IPO using UPI as a payment gateway. Angel One customers can apply in Avience Biomedicals IPO by login into Angel One Console (back office) and submitting an IPO application form.

Steps to apply in Avience Biomedicals IPO through Angel One

Visit the Angel One website and login to Console.
Go to Portfolio and click the IPOs link.
Go to the ‘Avience Biomedicals IPO’ row and click the ‘Bid’ button.
Enter your UPI ID, Quantity, and Price.
Submit IPO application form.
Visit the UPI App (net banking or BHIM) to approve the mandate.
Visit Angel One IPO Application Process Review for more detail.

The Avience Biomedicals IPO opens on Thu, Jun 18, 2026 and closes on Mon, Jun 22, 2026.

Avience Biomedicals IPO lot size is 600, and the minimum amount required for application is ₹2,49,600, with 2 lots being the minimum application size.

You can apply in Avience Biomedicals IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don’t offer banking services. Read more detail about applying IPO online through Angel One, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.

The finalization of Basis of Allotment for Avience Biomedicals IPO will be done on Tuesday, June 23, 2026, and the allotted shares will be credited to your demat account by Wed, Jun 24, 2026. Check the Avience Biomedicals IPO allotment status.

The Avience Biomedicals IPO listing date is not yet announced. The tentative date of listing is Thu, Jun 25, 2026.

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