IC Electricals Co.


Opening Date Closing Date Face Value Issue Price Lot Size Listing At Total Issue Size Basis of Allotment Initiation of Refunds Credit of Shares to Demat Listing Date
03-07-2026 07-07-2026 ₹10 per share ₹94 to ₹99 1,200 Shares NSE SME 48,39,600 shares (agg. up to ₹48 Cr) 2026-07-08 00:00:00 2026-07-09 00:00:00 2026-07-09 00:00:00 10-07-2026

About The Company

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.

Financials

Period Ended Total Assets Total Revenue Profit After Tax Net Worth Reserves and Surplus Total Borrow
31-03-2024 144 100 5 33.22 27.11 0
31-03-2025 160 122 9 51.71 36.12 0
31-03-2026 193 144 14 65.74 50.2 0

IPO Listing Details

Listing Date 10-07-2026
BSE Script Code
NSE Symbol
ISIN
Final Issue Price 99

Promoter holdings

Mr. Sunil Kumar Verma, Mrs. Renu Verma, M/s SHBD LLP and M/s Safe System India Private Limited

Pre Issue Share Holding 82.92%
Post Issue Share Holding 60.94%

Contact Information of the Company

IC Electricals Co.Ltd. Address
156 DSIDC
Okhla INDL
Area Phase
North Delhi, New Delhi, 110020
+91 011 490507
info@icelectricals.in
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IPO Registrar

Skyline Financial Services Pvt.Ltd.

02228511022
ipo@skylinerta.com
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IPO Lead Manager

NEXGEN Financial Solutions Pvt.Ltd.