Niva Market Watch

IC Electricals Co.Ltd. IPO

listed · NSE SME · Bookbuilding IPO

IC Electricals Co.Ltd. IPO was a ₹47.91 crore book-built issue on NSE SME with a price band of ₹94–₹99 per share, open for bidding from 25 Jun 2026 to 30 Jun 2026.

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Company overview

Website
https://www.icelectricals.in/

IPO overview

IC Electricals Co.Ltd. raised ₹47.91 crore through a book-built issue, made up entirely of new shares, so the proceeds go to the company.

Bids were accepted within a price band of ₹94–₹99 per share (face value ₹10); the final issue price is set within this band after bidding closes.

The shares listed on NSE SME on 3 Jul 2026.

NEXGEN Financial Solutions Pvt.Ltd. was the book-running lead manager.

Promoters held 73.52% of the company before the issue.

Issue type
Bookbuilding IPO
Issue structure
Fresh capital only
Issue size
₹47.91 crore
Price
₹94–₹99 per share
Face value
₹10 per share
Exchange
NSE SME
Lead manager
NEXGEN Financial Solutions Pvt.Ltd.

IPO timeline

  1. Bidding opens 25 Jun 2026
  2. Bidding closes 30 Jun 2026
  3. Basis of allotment —
  4. Refunds / unblocking —
  5. Shares credited to demat —
  6. Listing 3 Jul 2026

Bidding ran from 25 Jun 2026 to 30 Jun 2026.

The shares listed on 3 Jul 2026.

Grey market premium (unofficial)

The last grey market premium (GMP) we recorded for this issue was ₹44 on 2 Jul 2026, equal to 44.4% of the upper price band.

Across 9 readings between 20 Jun 2026 and 2 Jul 2026, the quoted GMP ranged from ₹28 to ₹44.

We do not yet record actual listing prices, so this page does not compare the GMP with where the shares opened.

  • GMP is unofficial: it is not published or verified by NSE, BSE or SEBI, changes quickly, and is not a forecast or guarantee of the listing price.

Sources and data methodology

NSE & BSE public-issue data; Chittorgarh and InvestorGain (fill gaps only); InvestorGain grey market report (unofficial). Methodology · Report an error

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