listed · IPO · NSE SME · listed 10 July 2026

IC Electricals Company Limited

Raised ₹95.82 Cr at ₹99 per share.

+72.7%

listing-day move

Price band
₹94 – ₹99
Issue price
₹99
Issue size
₹95.82 Cr
Return since listing
+67.68%

Company research

Tijori Finance

IC Electricals Company Limited, incorporated in 2005, manufactures electronic equipment for railway applications and provides railway engineering solutions. The company operates through manufacturing and contract service segments, serving Indian Railways with products and electrification projects.

Financials — ₹ crore
Period Revenue PAT Debt
Mar 2024
99.25 Cr
4.53 Cr 47.81 Cr
Mar 2025
121.89 Cr
9.37 Cr 55.79 Cr
Mar 2026
143.04 Cr
14.08 Cr 75.42 Cr
Revenue mix
Rail electrification EPC and electrical component manufacturing
100%
Peer comparison
Company Mkt cap Revenue P/E P/B
ICELCO 314 143 Cr 22.32 4.94
HIRECT 4,412 999 Cr 101.15 21.83

Exchange filings

Fields captured from NSE and BSE

Data sources: MONEYCONTROL , NSE , NSE , NSE . Data quality clean.