IC Electricals
Listing performance
Scheduled dates
Tentative timetable — a past date is not confirmation the step completed
Grey market premium
Unofficial and indicative — not a forecast
Day-wise premium · 13 observations
| Date | GMP | % | Sauda | Est. listing | Gain / lot |
|---|---|---|---|---|---|
| 10 Jul 2026 | ₹47 | +47.47% | ₹42,900 | ₹146 | ₹56,400 |
| 09 Jul 2026 | ₹47 | +47.47% | ₹42,900 | ₹146 | ₹56,400 |
| 08 Jul 2026 | ₹45 | +45.45% | ₹41,000 | ₹144 | ₹54,000 |
| 07 Jul 2026 | ₹42 | +42.42% | ₹38,300 | ₹141 | ₹50,400 |
| 06 Jul 2026 | ₹49 | +49.49% | ₹44,700 | ₹148 | ₹58,800 |
| 05 Jul 2026 | ₹55 | +55.56% | ₹50,200 | ₹154 | ₹66,000 |
| 04 Jul 2026 | ₹47 | +47.47% | ₹42,900 | ₹146 | ₹56,400 |
| 03 Jul 2026 | ₹45 | +45.45% | ₹41,000 | ₹144 | ₹54,000 |
| 02 Jul 2026 | ₹44 | +44.44% | ₹40,100 | ₹143 | ₹52,800 |
| 01 Jul 2026 | ₹40 | +40.40% | ₹36,500 | ₹139 | ₹48,000 |
| 30 Jun 2026 | ₹28 | +28.28% | ₹25,500 | ₹127 | ₹33,600 |
| 29 Jun 2026 | ₹28 | +28.28% | ₹25,500 | ₹127 | ₹33,600 |
| 28 Jun 2026 | ₹0 | 0.00% | — | ₹99 | ₹0 |
Gain per lot assumes the premium holds to listing and that the application is allotted — allotment in an oversubscribed issue is a lottery, so it is indicative, not expected. Sauda is the rate paid for a submitted application itself.
Issue details
- IPO date
- 25 Jun 2026 – 07 Jul 2026
- Listing date
- 10 Jul 2026
- Face value
- ₹10 per share
- Price band
- ₹99
- Issue price
- ₹99 per share
- Lot size
- 1,200 shares
- Sale type
- Fresh capital
- Issue type
- Book Building issue
- Listing at
- NSE SME
- Total issue size
- ₹47.91 Cr
- Fresh issue
- ₹45.51 Cr 45,97,200 shares
- Offer for sale
- ₹0 Cr 0 shares
- Market cap at offer price
- ₹181 Cr
- Promoter holding
- 82.92% → 60.94% pre-issue → post-issue
- ISIN
- INE0XE501015
- Registrar
- Skyline Financial Services Pvt.Ltd.
- Lead managers
- NEXGEN Financial Solutions Pvt.Ltd.
- Registered office
- 156 DSIDC, Okhla Inustrial Area, New Delhi
Reservation and application size
How the issue is split between investor categories, and what each may bid
| Investor category | Shares | % of net | % of total |
|---|---|---|---|
| Anchor investor · within QIB | 13,68,000 | — | — |
| Market maker | 2,42,400 | — | — |
Application size
Minimum 1,200 shares per lot, in multiples, at ₹99
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (min) | 1 | 1,200 | ₹1,18,800 |
| S-HNI (min) | 2 | 2,400 | ₹2,37,600 |
| S-HNI (max) | 8 | 9,600 | ₹9,50,400 |
| B-HNI (min) | 9 | 10,800 | ₹10,69,200 |
Category limits
| Category | Bid size | Cut-off |
|---|---|---|
| Retail (RII) | Up to ₹2 lakh | Yes |
| Small HNI (sNII) | ₹2 lakh – ₹10 lakh | No |
| Big HNI (bNII) | Above ₹10 lakh | No |
| Employee | Up to ₹5 lakh | Yes |
Bidding at cut-off means accepting the final issue price without naming one. Only retail and employee applicants may do so.
Anchor investors
Institutional allocation placed a day before the issue opens, carved out of the QIB portion and locked in after listing.
Valuation and performance
Valuation at offer price
₹99 per share
| Metric | Pre-issue | Post-issue |
|---|---|---|
| EPS (₹) | 10.50 | 7.72 |
| P/E (×) | 9.43 | 12.82 |
| Price to book (×) | 2.02 | — |
| Market cap | — | ₹181 Cr |
Key performance indicators
Latest reported period
- Return on net worth
- 23.88%
- ROCE
- 18.18%
- Debt / equity
- 1.13
- PAT margin
- 9.84%
- EBITDA margin
- 17.83%
- NAV per share
- ₹48.98
- Price to book
- 2.02
Single period as reported. Year-on-year movement is in the financials table below, where every period is published.