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IC Electricals Company Ltd
Registered Office:
156 DSIDC Okhla INDL,Area Phase I,
New Delhi - 110020,
Delhi, India.
Phone : +91 11 49050732/49050733
Fax : NA
Email :
info@icelectricals.in
Website :
www.icelectricals.in
Initial public offering up to 48,39,600 equity shares of face value of (
R
s
) 10/- each ("Equity Shares") of IC Electricals Company Limited ("ICEL" or the "Company") for cash at a price of (
R
s
) 94-99 per equity share (the "Issue Price"), aggregating to (
R
s
) 45.49-47.91 Crores ("the Issue"). Out of the issue 2,42,400 equity shares aggregating to (
R
s
) 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 (
R
s
) 10/- each at an issue price of (
R
s
) 94-99 per equity share aggregating to (
R
s
) 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: (
R
s
) 94/- to (
R
s
) 99/- per equity share of face value (
R
s
) 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.
Issue
Money Payable On
Opens On
Closes On
Application
Allotment
03-Jul-26
07-Jul-26
94.00-99.00
0.00-0.00
Minimum Application for shares in Nos : 2400 Further Multiples of : 1200
(
R
s
.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
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