IC Electricals IPO
Listed
378.58×
Subscribed
Price band
₹99 – ₹99
Open – close
03 Jul 2026
to 07 Jul 2026
Listing
10 Jul 2026
Listing gain
+67.68%
What the filing actually says
Our read of the offer document and the exchange data — not the issuer's summary of itself
We can't judge this issue yet. A verdict needs at least three independent dimensions — valuation, growth, profitability, balance sheet, issue structure, governance or demand — and this issue does not yet publish enough of them for a read that would mean anything. The offer document has not been analysed yet. A confident score from two fields would be worse than this notice.
Dates
The issuer's tentative timetable — a date passing is not confirmation the step completed
- Opens03 Jul 2026
- Closes07 Jul 2026
- Listing10 Jul 2026
Demand and your odds
How the book filled, and what that means for an application
Subscription by category
Qualified institutionalQIB234.87x
Non-institutionalNII / HNI558.48x
Retail individualRII355.43x
Chance of allotment
Retail355.43× subscribed
~1 in 355.4
Retail is 355.43× subscribed. Allotment is a lottery on a single lot, so roughly 1 in 355.4 applications gets one lot. Bidding for extra lots does not improve these odds.
HNI / NII558.48× subscribed
~1 in 558.5
HNI is 558.48× subscribed. This category is allotted proportionately, so a bid receives roughly 1/558.5 of the shares applied for, subject to the minimum-lot draw.
Derived from SEBI's allotment mechanics and the subscription figures beside it. Retail allotment is a lottery on a single lot, so applying for more lots does not improve your chance of getting something.
Grey market premium
Unofficial dealer quotes — not published by NSE, BSE, SEBI or the company
₹44+44.4%
over the upper band · last seen 07 Sept 2026
What this number is not. Grey-market premium is an unregulated, thinly-traded quote from private dealers. It is not a forecast of the listing price, it is not verifiable, and it can be moved by the same people who benefit from it looking high. We publish it because you will look it up anyway — and we deliberately do not convert it into an expected listing gain, because that arithmetic implies a reliability the number has never earned. For what actually happened to comparable issues, see recent outcomes below.
The offering
Terms, structure and who is selling
Terms
Price band₹99 – ₹99
Company & valuation
What happened to comparable issues
The last 8 issues to list with a recorded opening price, most comparable first
Median listing gain
+14.3%
Listed up
8 of 8
Best
+90.0%
Millworks Technologies
Worst
3.0%
Happy Steels
Caliber Mining and Logistics Limitedsame segment
146.4× sub+18.0%
Sotefin Bharatsame segment
3.8× sub+9.6%
Millworks Technologiessame segment
192.7× sub+90.0%
SBI Funds Management Limitedsame segment
41.6× sub+6.8%
Happy Steelssame segment
72.0× sub+3.0%
Devson Catalystsame segment
203.7× sub+66.2%
Kusumgar Limitedsame segment
127.9× sub+35.8%
Knack Packaging Limitedsame segment
83.0× sub+10.6%
Past issues are context, not a forecast — this issue is a different company at a different price. We show it because "how have issues like this one actually opened" is a question with a real answer, and grey-market premium is not that answer.
Common questions
What is the IC Electricals IPO GMP today?
The most recent grey-market premium recorded for IC Electricals is ₹44 per share — about 44.4% over the ₹99 upper band. Grey-market premium is an unofficial, unregulated quote from private dealers. It is not published by NSE, BSE, SEBI or the company, and it is not a forecast of the listing price.
How many times is the IC Electricals IPO subscribed?
IC Electricals is subscribed 378.58× overall (QIB 234.87×, NII 558.48×, retail 355.43×). Subscription keeps changing until the issue closes; the final basis of allotment is published by the registrar.
What are the chances of allotment in the IC Electricals IPO?
The retail portion is subscribed 355.43×, so allotment is by lottery and the odds of receiving at least one lot are roughly 1 in 355. Applying for more lots does not improve the chance of getting something — every retail applicant competes for the same single minimum lot.
Disclaimer. Figures are compiled from the issuer's offer document and exchange-published bidding data. Subscription changes until the issue closes, and the final basis of allotment is published by the registrar. Grey-market premium is unofficial and is not a forecast. Nothing here is investment advice or a recommendation — read the offer document and consult a SEBI-registered adviser before applying.