IC Electricals Company IPO
The IC Electricals Company IPO was a ₹47.91 crore SME issue (fresh issue only), open for bidding from 3 Jul to 7 July 2026 at a price band of ₹94 to ₹99. The final issue price was ₹99. Investors bid for 1,35,68,00,400 shares through 3,13,014 applications. Shares listed on NSE SME on 10 July 2026 at ₹166.00, 67.7% above the issue price, and closed the first day at ₹174.30.
- Listing gain at open
- +67.7%₹166.00 vs ₹99
- Issue price
- ₹99Band ₹94 to ₹99
- Lot size
- 1,200 sharesMinimum ₹2,37,600
- Issue size
- ₹47.91 crore
- Subscribed
- Not available
- Listed
- 10 Jul 2026NSE SME
Price and lots
IC Electricals Company IPO details
NSE issue details| Bidding dates | 3 Jul 2026 to 7 Jul 2026 |
| Listing date | 10 July 2026 |
| Price band | ₹94 to ₹99 |
| Final issue price | ₹99 |
| Face value | ₹10 per share |
| Lot size | 1,200 shares, minimum 2 lots for individuals |
| Minimum investment | ₹2,37,600 (2,400 shares, our calculation) |
| Issue size | ₹47.91 crore (our calculation from the NSE issue details) |
| Type of issue | 100 % Book Building, Fresh issue only |
| Listed on | NSE SME |
| NSE symbol | ICELCO |
| ISIN | INE0XE501015 |
| Lead managers | Nexgen Financial Solutions Private Limited |
| Registrar | Skyline Financial Services Private Limited |
Subscription and listing
IC Electricals Company IPO subscription and listing
NSE and BSEFinal subscription
NSE issue details| Category | Shares bid | Applications |
|---|---|---|
| QIBs | 22,19,30,400 | 149 |
| Non-institutional | 53,40,82,800 | 62,537 |
| Individual investors | 60,07,87,200 | 2,50,328 |
| Total | 1,35,68,00,400 | 3,13,014 |
For this SME issue NSE publishes shares bid and applications by category, not times subscribed.
Listing day
Our calculation: gains vs issue price| NSE | |
|---|---|
| Open | ₹166.00 |
| High | ₹174.30 |
| Low | ₹157.70 |
| Close | ₹174.30 |
| Gain at open | +67.7% |
| Gain at close | +76.1% |
| Shares traded | 27,63,600 |
Latest: closed at ₹116.90 on NSE on 6 November 2026, +18.1% vs the issue price (our calculation). Past returns say nothing about future returns.
How it compares
How the IC Electricals Company IPO compares
Our calculation: 2026 SME IPOs on IPO24by7Among 78 SME IPOs of 2026 on our tracker, its listing gain of 67.7% at open ranks 8th of 75. By issue size it ranks 39th. The median listing-day gain at open for SME IPOs this year is +1.0%. See all 2026 IPOs with listing gains or the IPO calendar for July 2026.
Other SME IPOs listed in July 2026
| IPO | Listed | Issue price | Subscribed | Gain at open |
|---|---|---|---|---|
| Metalic Technoforge | 28 Jul 2026 | ₹77 | - | +13.0% |
| Happy Steels | 16 Jul 2026 | ₹66 | - | +3.0% |
| Teja Engineering Industries | 7 Jul 2026 | ₹220 | - | +90.0% |
| Vinit Mobile | 7 Jul 2026 | ₹158 | - | −1.9% |
| Shreedhar Spinners | 1 Jul 2026 | ₹53 | - | +2.6% |
Allotment
IC Electricals Company IPO allotment status
- Open the registrar's pageSkyline Financial Services Private Limited is the registrar. Open its allotment page.
- Select IC Electricals Company LimitedOlder issues may move to an archive list on the registrar's site.
- Enter your PAN, application number or DP IDUse the details you applied with.
- Or check your demat accountAllotted shares were credited before the listing day.
Documents
Questions
IC Electricals Company IPO FAQs
What was the IC Electricals Company IPO price band?
The price band was ₹94 to ₹99 per share and the final issue price was ₹99. The face value is ₹10 per share.
What was the IC Electricals Company IPO lot size?
One lot was 1,200 shares. Individual investors had to apply for at least 2 lots, so the minimum was ₹2,37,600.
What was the IC Electricals Company IPO listing price?
It opened at ₹166.00 on NSE SME on 10 July 2026, a gain of 67.7% over the issue price of ₹99 (our calculation). It closed the day at ₹174.30.
How do I check IC Electricals Company IPO allotment status?
Skyline Financial Services Private Limited is the registrar. Select IC Electricals Company Limited on its allotment page and enter your PAN, application number or DP ID. You can also check on the NSE or BSE application status page.
Was the IC Electricals Company IPO a fresh issue or an offer for sale?
Fresh issue only, as stated in the NSE issue details.
Who were the lead managers of the IC Electricals Company IPO?
Nexgen Financial Solutions Private Limited.
Sources: NSE public issue information and IPO detail pages; NSE and BSE end-of-day bhavcopy files. Gains, issue size and minimum investment are our calculations. This page is information only, not a recommendation.