IPO IPO-Synopsis
IC Electricals Company Ltd

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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 Rs10/- each ("Equity Shares") of IC Electricals Company Limited ("ICEL" or the "Company") for cash at a price of Rs94-99 per equity share (the "Issue Price"), aggregating to Rs45.49-47.91 Crores ("the Issue"). Out of the issue 2,42,400 equity shares aggregating to Rs2.28-2.40 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 Rs10/- each at an issue price of Rs94-99 per equity share aggregating to Rs43.21-45.51 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: Rs94/- to Rs99/- per equity share of face value Rs10/- 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.

Issue Money Payable On
Opens On Closes On Application Allotment
03-Jul-26 07-Jul-26 Rs94.00-99.00 Rs0.00-0.00
Minimum Application for shares in Nos :2400  Further Multiples of :1200

  Rs Cr Lead Managers to the Issue
Project Cost 0.00
Nexgen Financial Solutions Private Limited
Project Financed through Current Offer 45.49  
Post Issue Equity Share Capital 18.26  
Issue Price Rs94.00  
Projects
Funding the Working Capital requirementGeneral corporate purposes
Promoted By
Sunil Kumar Verma
Renu Verma
Aakansha Verma
Listing At
NSE - SME 
Registrar to the Issue
Skyline Financial Services Pvt