About IC Electricals
The IC Electricals IPO is an NSE SME Book-Built issue happening right now.
| Detail | Information |
|---|---|
| IPO Open Date | July 3, 2026 (Some initial documents indicated June 25, but finalized dates are July 3) |
| IPO Close Date | July 7, 2026 |
| Price Band | ₹94 to ₹99 per share |
| Lot Size | 1,200 shares (Minimum Retail Application: 2 Lots / 2,400 shares = ₹2,37,600) |
| Total Issue Size | ₹47.91 Crore (Entirely a Fresh Issue; no Offer for Sale) |
| Basis of Allotment | July 8, 2026 |
| Tentative Listing Date | July 10, 2026 (Listed on NSE Emerge / SME) |
📈 Financial Year Performance (FY25 vs. FY26)
IC Electricals has shown notable growth over the last two financial years, driven primarily by its business-to-government (B2G) model supplying electronic equipment and engineering solutions to the Indian Railways. The restated consolidated financial performance shows:
- Revenue Growth: Net sales increased from ₹122.39 crore in FY25 to ₹143.81 crore in FY26 (an approximate 18% increase).
- Profit After Tax (PAT): Profitability saw a sharp jump, rising roughly 50% from ₹9.41 crore in FY25 to ₹14.10 crore in FY26.
- Earnings Per Share (EPS): Stands at a healthy ₹10.49 (diluted) for the financial year ending March 2026.
- Order Book Visibility: As of late 2025, the company maintained an order book of approximately ₹158 crore, offering steady short-to-medium-term revenue visibility.
🏢 About the Company & Objectives
Incorporated in 2005, IC Electricals manufactures specialized electronic equipment for railway applications and handles railway electrification projects (such as sections under North Eastern and East Central Railways).
IPO Objectives: The company plans to use the net proceeds from this fresh issue primarily to fund its working capital requirements and cover general corporate expenses.