Home
>
IPO
>
ic electricals company ltd

IC Electricals Company Ltd

Issue
Opens On	Closes On
03-Jul-26	07-Jul-26

Money Payable On
Application	Allotment
94.00	0.00

Minimum Application for shares in Nos : 2400 Further Multiples of : 1200

Lead Managers to the Issue
Project Cost (₹.Cr)	0.00	Nexgen Financial Solutions Private Limited
Project Financed through Current Offer (₹.Cr)	45.49
Post Issue Equity Share Capital (₹.Cr)	18.26
Issue Price (₹)	94.00

Projects

Funding the Working Capital requirement

General corporate purposes

Promoted By

Sunil Kumar Verma

Renu Verma

Aakansha Verma

Listing At

NSE - SME

Registrar to the Issue

Skyline Financial Services Pvt

Registered Office: 156 DSIDC Okhla INDL,Area Phase I, New Delhi - 110020, Delhi, India. Phone : +91 11 49050732/49050733 Fax:
Email : info@icelectricals.in
Website :www.icelectricals.in

Initial public offering up to 48,39,600 equity shares of face value of Rs. 10/- each ("Equity Shares") of IC Electricals Company Limited ("ICEL" or the "Company") for cash at a price of Rs. 94-99 per equity share (the "Issue Price"), aggregating to Rs. 45.49-47.91 Crores ("the Issue"). Out of the issue 2,42,400 equity shares aggregating to Rs. 2.28-2.40 Crores will be reserved for subscription by market maker ("Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e. Issue of 45,97,200 equity shares of face value of Rs. 10/- each at an issue price of Rs. 94-99 per equity share aggregating to Rs. 43.21-45.51 Crores is hereinafter referred to as the "Net Issue". The issue and the net issue will constitute 26.50% and 25.17%, respectively of the post issue paid up equity share capital of the company. Price Band: Rs. 94/- to Rs. 99/- per equity share of face value Rs. 10/- each. The floor price is 9.4 times the face value and cap price is 9.9 times the face value of equity shares. Bids can be made for a minimum of 2,400 equity shares and in multiples of 1,200 equity shares thereafter.

Invest with clarity

on Chola Securities Mobile & Web App.

Stay organised, informed & in control while accessing your portfolio, reports, trading tools and service requests—all in one seamless platform.

Download the app now → The new app is listed as Chola Securities- Prime Access on App store & Google Play.
Also available on Web, Click to explore