Minimum Investment
About Company
Company Name: IC Electricals Company Limited
Industry / Sector: Railway Engineering & Electrical Equipment Manufacturing
Founded Year: 2005
Promoters: Sunil Kumar Verma, Renu Verma, SHBD LLP, Safe System India Private Limited
IC Electricals Company Limited is a New Delhi-based engineering and manufacturing company serving the Indian Railways sector. The company manufactures electronic systems, rotating machines, railway electrification solutions, traction motors, alternators, battery chargers, vigilance control devices, passenger information systems, and turnkey railway electrification projects.
IPO Basic Details
| Company Name | IC Electricals Company Limited |
| IPO Type | SME IPO |
| Price Band | ₹94 – ₹99 |
| Lot Size | 1200 Shares |
| Total Issue Size | 48,39,600 Equity Shares (₹47.91 Cr) |
IPO Strengths & Risks
Strengths
- Nearly two decades of operating experience
- Established supplier to Indian Railways
- Strong B2G business model
- Specialized railway engineering expertise
- Long-standing relationships with railway agencies
- Growing order book in railway sector
Risks
- High dependence on Indian Railways orders
- Government procurement cycle risks
- Customer concentration risk
- Working capital intensive business
- Competitive railway equipment industry
IPO Important Dates
| IPO Open Date | 25 Jun 2026 |
| IPO Close Date | 30 Jun 2026 |
| Basis of Allotment | 01 Jul 2026 |
| Refund Initiation | 02 Jul 2026 |
| Demat Credit Date | 02 Jul 2026 |
| Listing Date | 03 Jul 2026 |
| Anchor Investor Date | - |
| UPI Mandate Deadline | - |
IPO Objectives
- Capital expenditure for machinery and equipment – -
- Funding working capital requirements – -
- Debt repayment – -
- General corporate purposes – Balance Amount
Investor Reservation
| QIB Quota | 50% |
| Retail Quota | 35% |
| HNI Quota | - |
| Employee Quota | - |
| Shareholder Quota | - |
| Anchor Investor Allocation | - |
Market Lot Details
| Application | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 2 Lots | 2400 | ₹2,37,600 |
| Retail Maximum | - | - | - |
| S-HNI Minimum | 3 Lots | 3600 | ₹3,56,400 |
| S-HNI Maximum | - | - | - |
| B-HNI Minimum | 9 Lots | 10800 | ₹10,69,200 |
Key Performance Indicators (KPI)
| ROE | 24.88% |
| ROCE | 18.47% |
| RoNW | - |
| PAT Margin | 9.84% |
| EBITDA Margin | 17.96% |
| EPS | ₹10.49 |
| NAV per share | - |
| Debt to Equity | 1.05 |
| P/E Ratio | - |
| Industry P/E | - |
Company Financial Data
| Period | Assets | Total Income | PAT | EBITDA | Net Worth | Borrowings |
|---|---|---|---|---|---|---|
| FY2026 | ₹193.44 Cr | ₹143.81 Cr | ₹14.10 Cr | ₹25.82 Cr | ₹65.74 Cr | TBA |
| FY2025 | ₹160.04 Cr | ₹122.39 Cr | ₹9.41 Cr | ₹20.06 Cr | ₹49.54 Cr | ₹55.78 Cr |
| FY2024 | ₹143.89 Cr | ₹99.75 Cr | ₹4.62 Cr | ₹13.44 Cr | ₹30.95 Cr | ₹47.80 Cr |
Grey Market Premium
| GMP Price | Not Available |
| Kostak Rate | Not Available |
| Subject to Sauda | Not Available |
| Last Updated | Jun 2026 |
| Estimated Listing Price | TBA |
IPO Subscription Data
| Total Subscription | Pending |
| QIB (Ex Anchor) | Pending |
| HNI Subscription | Pending |
| Retail Subscription | Pending |
| Anchor | - |
IPO Intermediaries
Registrar: Skyline Financial Services Private Limited
Registrar Website: https://www.skylinerta.com
IPO Lead Manager(s)
Company Information
Address: 156, DSIDC, Okhla Industrial Area, Phase-I, New Delhi - 110020
Website: https://www.icelectricals.in
Email: info@icelectricals.in
Phone: +91 011 490507
IPO Documents
Frequently Asked Questions (FAQ)
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