IC Electricals IPO Description –IC Electricals Company Limited is an established electrical solutions provider with nearly two decades of operating history. The company was originally incorporated on 5 August 2005 as a private limited entity. It was subsequently converted into a public limited company on 23 September 2024, reflecting its strategic intent to enhance scale, transparency, and governance standards. Its registered office is located at Okhla Industrial Area, New Delhi, a key industrial hub supporting operational efficiency and access to government infrastructure clients.
IC Electricals primarily operates under a Business-to-Government (B2G) model, with a significant portion of its revenues derived from contracts awarded by government departments and ministries. The Ministry of Railways represents one of its major institutional clients, underscoring the company’s execution capability in technically demanding and compliance-intensive public sector projects. This B2G focus provides relatively stable demand visibility, long-term project pipelines, and alignment with public infrastructure spending.
Operationally, the company functions from leased industrial premises with defined tenure, ensuring asset-light operations while maintaining adequate manufacturing and execution capacity. Over the years, IC Electricals has positioned itself as a compliant, quality-driven vendor in the public sector electrical domain, with experience, certifications, and institutional relationships forming the core of its competitive strength. As of 31 August 2025, the company have 220 permanent employees.
Promoters of IC Electricals – Sunil Kumar Verma, Renu Verma, M/s Shbd Llp and M/s Safe System India Private Limited
IC Electricals IPO Details
IC Electricals IPO Allocation in Different Categories
IC Electricals Financial Performance
| FY 2023 | FY 2024 | FY 2025 | |
| Revenue | 97.69 | 99.25 | 121.89 |
| Expenses | 95.32 | 93.72 | 109.75 |
| Net income | 1.70 | 4.62 | 9.41 |
| Margin (%) | 1.74 | 4.65 | 7.72 |
IC Electricals Offer News
IC Electricals Valuations & Margins
| FY 2023 | FY 2024 | FY 2025 | |
| EPS | 1.45 | 3.92 | 7.28 |
| PE ratio | – | – | – |
| Price/Book Ratio | – | – | – |
| Current Ratio | – | – | – |
| Price/Sales | – | – | – |
| RONW (%) | 6.51 | 15.79 | 23.28 |
| NAV | 68.64 | 80.41 | 36.91 |
| ROCE (%) | 11.62 | 14.84 | 17.26 |
| EBITDA (%) | 8.52 | 12.24 | 15.10 |
| Debt/Equity | 1.38 | 1.44 | 1.05 |
Evaluate the quality of an IPO using these essential investing ratios to make an informed decision.
IC Electricals IPO Anchor Investors
IC Electricals raises () from anchor investors. IC Electricals Anchor bid date is ().
| Bid Date | Coming soon |
| Shares Offered | Coming soon |
| Anchor Portion (INR Cr.) | Coming soon |
| Anchor lock-in period end date for 50% shares (30 Days) | Coming soon |
| Anchor lock-in period end date for remaining shares (90 Days) | Coming soon |
IC Electricals Offer Objectives
The company proposes to utilise the Net Proceeds from the Issue towards the following objects:
- Funding inorganic growth through acquisitions & general corporate purposes
- Funding the Working Capital requirement– INR 32.00 crore
IC Electricals IPO GMP Today
IC Electricals IPO Subscription – Live Updates
Coming soon
The market maker reservation portion of () shares and the anchor investor portion of () shares are not included in the above calculations.
IC Electricals IPO Allotment Status
IC Electricals IPO allotment status will be available on Skyline Financial Services’ website. Click on this link to get allotment status.
IC Electricals IPO Dates & Listing Performance
| IPO Opening Date | Coming soon |
| IPO Closing Date | Coming soon |
| Finalization of Basis of Allotment | Coming soon |
| Initiation of refunds | Coming soon |
| Transfer of shares to demat accounts | Coming soon |
| IPO Listing Date | Coming soon |
| Opening Price on NSE Emerge | Coming soon |
| Closing Price on NSE Emerge | Coming soon |
IC Electricals Offer Lead Manager
NEXGEN FINANCIAL SOLUTIONS PRIVATE LIMITED
709, Madhuban Building, 55, Nehru Place, New Delhi-110019
Tel: +91 1141407600
Email: [email protected]
Website: www.nexgenfin.com
IC Electricals Offer Registrar
SKYLINE FINANCIAL SERVICES PVT. LTD
D-153 A, 1st Floor, Okhla Industrial Area,
Phase – I, New Delhi-110020
Tel: +91- 11-40450193-197
Email: [email protected]
Website: www.skylinerta.com
IC ELECTRICALS COMPANY LIMITED
1002, 10th Floor, DLF Tower-A, Jasola, New Delhi -110025, India
Tel: 011-41613270/3271
Website: www.icelectricals.in
E-mail: [email protected]
What is the IC Electricals offer size?
IC Electricals offer size is INR NA crores.
What is the IC Electricals offer price band?
IC Electricals public offer price is INR NA per share.
What is the lot size of the IC Electricals IPO?
IC Electricals offer lot size is NA shares.
What is the IC Electricals IPO GMP today?
IC Electricals IPO GMP today is INR NA per share.
What is the IC Electricals kostak rate today?
IC Electricals kostak rate today is INR NA per application.
What is the IC Electricals IPO Subject to Sauda rate today?
IC Electricals Subject to Sauda rate today is INR NA per application.
Krishna comes from a family of investors and financial analysts, She learnt wading through regulatory filings pretty early in her career. She has several years of experience in financial and industry analysis under her belt. At IPO Central, Krishna plays twin roles of Contributor and Head of research desk.
