IC Electricals SME IPO Details, Financials, Valuation & Peers
Explore IC Electricals SME IPO details, including IPO dates, financial statements, valuation, peer comparison and more.
Overview
IC Electricals Company Limited, incorporated in 2005, specializes in the manufacturing of electronic equipment for railway applications and providing engineering solutions to Indian Railways. The company operates on a Business-to-Government (B2G) model, primarily serving government departments and ministries, including the Ministry of Railways.
Key products and services include a diverse range of electronic equipment such as regulators, battery chargers, emergency lights, inverters, microprocessor-based control systems, and vigilance control devices, all compliant with the latest technical standards. The company also manufactures critical railway components like alternators, traction motors, and permanent magnet alternators with controllers. Furthermore, IC Electricals undertakes turnkey railway electrification projects, encompassing design, supply, erection, testing, and commissioning of 25 kV AC overhead equipment and traction substation systems. Notable 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).
Key highlights of IC Electricals include:
- Railway Application Specialization: Focus on manufacturing electronic equipment and providing engineering solutions specifically for railway applications.
- Diverse Product Portfolio: Offers a wide array of electronic and railway components, including control systems and traction equipment.
- Turnkey Project Execution: Capability to manage entire railway electrification projects from conception to completion.
- Government Sector Focus: Primarily operates within the Business-to-Government (B2G) model, catering to national railway authorities.
- Project Success: Demonstrated experience in executing significant railway electrification projects for Indian Railways.
Objects of the Issue
- Funding the working capital requirements of the Company
- General Corporate Purposes
- Total
IPO Details
Discover essential information crucial for understanding an IPO, including the Price Band, Fresh Issue, Offer For Sale, Total IPO Size and more. Explore these key details to gain insight into the company's public offering.
| Fields | Details |
|---|---|
| IPO Dates | 25 Jun - 30 Jun 2026 |
| IPO Price Band | TBA |
| Fresh Issue | 0.46 Cr Shares |
| Offer For Sale | NIL |
| Total IPO Size | 0.46 Cr Shares |
| Face Value | ₹10 |
| Listing On | NSE SME |
IPO Timeline
Explore important dates like IPO opening, closing, listing and others, outlining the journey of the Public Offering. This will help you grasp the entire IPO journey effortlessly.
| Event | Date |
|---|---|
| IPO Opening Date | 25 Jun 2026 |
| IPO Closing Date | 30 Jun 2026 |
| Basis Of Allotment | 01 Jul 2026 |
| Refunds | 02 Jul 2026 |
| Demat Transfer | 02 Jul 2026 |
| IPO Listing Date | 03 Jul 2026 |
Financial Statements
Explore a comprehensive financial data table showcasing key metrics including revenue, expenses, net income, and others. Gain valuable insights about the company's financial performance at a glance, facilitating informed decision-making and strategic planning for subscribing to the IPO.
| Period Ended | 31 Mar 2024 | 31 Mar 2025 | 31 Mar 2026 |
|---|---|---|---|
| Assets | 143.89 | 160.04 | 193.44 |
| Total Income | 99.75 | 122.39 | 143.81 |
| Profit After Tax | 4.62 | 9.41 | 14.10 |
| EBITDA | 12.14 | 18.34 | 25.66 |
| NET Worth | 33.22 | 51.71 | 65.74 |
| Reserves and Surplus | 27.11 | 36.12 | 50.20 |
* NPM represents the net profit margin, calculated as a percentage. All other figures are presented in crore (₹cr)
Peer Comparison
Compare key financial metrics with industry peers to gain valuable insights into the company's performance compared to its competitors.
| Name | P/E | EPS | RoNW | NAV |
|---|---|---|---|---|
| IC Electricals Co. Ltd. | 10.49 | 24.88% | 47.4 | |
| Hind Rectifiers Limited | 99.5 | 13.1 | 24.62% | 59.88 |
* Revenue in (₹cr), RoNW in (%), EPS, NAV in (₹). P/E ratio is based on the highest price from the IPO price band.
IPO Reservation
| Investor Type | Shares Offered |
|---|---|
| Qualified Institutional Buyer (QIB) | 22,86,000 |
| Non-Institutional Investor (NII/HNI) | 6,98,400 |
| Retail Individual Investor (RII) | 16,12,800 |
Subscription Data from NSE and BSE
As the issue has not yet opened, subscription data is unavailable. However, you can view subscriptions for other ongoing issues here.
IPO Registrar
Skyline Financial Services Private Limited
Phone: 011-40450193-197
Email: ipo@skylinerta.com
Website: www.skylinerta.com
Lead Managers
- 1NEXGEN Financial Solutions Pvt.Ltd.
Company Address
IC Electricals Co.Ltd.156 DSIDC
Okhla INDL
Area Phase
North Delhi, – 110020
Website: https://www.icelectricals.in/
Phone: +91 011 490507
Email: info@icelectricals.in
FAQs
- What is the issue size of the IC Electricals SME IPO?The IC Electricals SME IPO has an issue size of 0.46 Cr Shares. This includes a fresh issue of 0.46 Cr Shares and an offer for sale (OFS) of NIL.
- What is the price band of the IC Electricals IPO?The price band for the IC Electricals IPO is yet to be announced.
- What are the bidding dates for the IC Electricals IPO?The IC Electricals IPO will open for bidding on 25 Jun 2026 and close on 30 Jun 2026.
- What is the allotment date for the IC Electricals IPO?The allotment date for the IC Electricals IPO is 01 Jul 2026.
- What is the listing date for the IC Electricals IPO?The listing date for the IC Electricals IPO is 03 Jul 2026.
- What is the IC Electricals IPO grey market premium?The grey market premium (GMP) for the IC Electricals IPO is currently at ₹26, with an expected listing gain of approximately 0%. Remember, the grey market premium is not an official indicator, but it reflects market perception and demand for the IPO shares.